Very few people know the term third party manufacturing. But if you want to join pharmaceutical industry or rather intend to open your own pharma franchise company In India, you must be well acquainted with it. 3rd party manufacturing pharmaceuticals or contract manufacturing refers to the process of outsourcing pharma products from other production units with your company’s brand name on them. In today’s date, this is a very famous concept, especially among marketing companies and now pharma companies are also executing this strategy and getting their products from other…
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How Tying up with Pharma Companies Could Be Beneficial for Franchisees
The pharmaceutical industry is increasingly growing worldwide and India is leading in this international market with developed countries. Skilled workforce, low investment manufacturing and good infrastructure are some of the factors that have boosted the growth of the pharma companies. Besides, the country’s large domestic market helps in cementing a place in the world pharmaceutical industry. As a result, more and more drug corporations are now opting to buy medicines from outside sources. So if you are planning to partner with Indian pharma pcd companies, here’s why you must not…
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