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Steps to take Pharma franchise company in India.

If you are an MR looking for a PCD pharma franchise company for your new business or you just want to add a company to your existing pharma business. following are the steps you should take care when finalizing a PCD Pharma company .

Make an estimated budget

As for any other business, for your new pharma franchise business also make an estimated budget which you want to invest in starting the business. You should take care of your traveling expenses, promotion expenses with doctors and estimated budget for stock planning. You should also keep a buffer amount for any emergency in business. If you are planning to keep some staff, you should have salary for atleast 6 months for your staff. When you take call of these together, it will give you estimated budget and funds requirement for your business.

Get All legal documents

For Pharmaceutical business you need to have a few documents before you start this business. Most important of them is Drug-Liscence. You should apply for drug license, as it is required to do billing. You should also have GST , bank account details and firms documents. If you dont have GST you can work with Adhar and Pan card. Most important is Drug license because.

Select Range and products

You should finalize the range which you want to work in and products which you will promote in your area. These products you should select based on the doctors you know and the network you have. You can also do a market survey to understand which products move faster in your area.

Compare Rates

Once you decide to take the franchise , take rate from atleast 3-4 companies and compare rates. This will help you in understanding the market rates.

Compare Packing

Packing and presentation is very important in pharma industry. Product outlook should be selected carefully so that it is easier to sell the product in market. Not only it should be good in looking but carton quality of the product packing is also important. Compare packing pics provided by different companies and select a sober and attractive packing.

Promotional material

Promotional material like Visual Aid, MR Bags, Notepad, Pens and Product cards etc is very important to promote the product in market. Carefully understand what packing material is provided by company and at what terms.

Once all these steps are followed, discuss all terms and conditions with management and finalize company as per your terms discussed.

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Type of Primary packing in Pharmaceutical products

Packaging is a vital part of any industry because the product quality and safety depends on the packaging. Not only it is important from handling perspective but also from the marketing & branding point of view. In particular, if we talk about pharmaceutical industry – packing has following roles :-

a) Storage

b) Usage

c) Handling and transportation

d) Branding and marketing

e) Avoiding containment

f) Chemical protection from outer environment

g) Dosage control

There are different type of packaging in pharmaceutical industry i.e Primary, Secondary, Tertiary and quaternary . Our focus here is Primary packaging.

Definition – Primary packaging in Pharmaceutical industry is the packaging which is in direct touch with the medicine. It is the most important packaging because not only it keeps the medicine safe but it also helps the medicine in being in same state as it is packed, by avoiding any kind of chemical reaction.

Materials used in Primary packaging

Basic criteria to choose primary packaging material is that it should be inert and should not have any chemical reaction with the medicine it is coming in direct contact. As per different dosage forms and their chemical nature following materials are used :-

  1. Plastic – This is the most common form of material used. Plastic is low in weight and insert to solid and some liquid form of dosages. This is the reason it is most widely used material in primary packaging in Tablets, capsules, soft-gelatin capsules and syrups etc. Plastic is not as good as glass for liquids but it is definitely cost effective.
  2. Glass – Glass is widely used as primary material as its inertness level is high and it does not react with medicines, another important aspect of glass is visibility. It is very easy to inspect the medicine without opening the container. Downside of using glass is its durability and chances of breakage. Handling has to be more careful when using glass as a packaging mode.
  3. Metal – Metal is also a packaging medium but its chemical reaction probability and weight are negative factors. Due to this it is not used frequently. Mostly it is used as a primary packaging material in Gels with an inert coating to avoid any kind of chemical reaction,

Some common Primary packaging examples.

a) Blister packaging – In Blister packaging a thermoformed plastic is taken and a cavity is made in it. Once the dosage form is placed in the cavity , it is sealed with the aluminum or plastic foil. The dosage form remains safe inside , it can be 10 , 6, 15, 3 or 20 cavities as per the requirement of the manufacturer.

Primary packing pharma blister
Primary packing pharma blister

b) Strip packaging – Form of packaging in unit dosage is known as strip form. In this packaging type each unit is protected separately and shelf-life of product increases.

c) Ampules – Ampule is a small container in which liquid is packed. Ampule is made of glass and its short form is Amp.

Primary packing ampule
Primary packing ampule

d) Vials – Vial is a container made of Plastic or Glass. It is of size larger than ampule. Solid, liquid or powder form of dosage is stored in a Vial.

e) Bottles –  Bottle of different size are used for primary packaging of syrups or powders sometimes. They can be of 60ml, 100 ml, 170ml, 200ml, 500 ml and so on as per the requirement. Bottles can be both plastic or glass.

There are many guidelines of government of India for the packaging materials and handling which have to be taken care of.

A pcd pharma company can choose its packaging type and let the manufacturer know about it. If feasible as per the GOI guidelines manufacturer can use that material for your products.

 

 

 

 

 

 

 

 

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MRJOborPCDbusiness
MR Job or PCD Businesss

MR JOB vs PCD Pharma Franchise business

In this article we are comparing MR Job or PCD Pharma franchise business as an opportunity. There are many persons who are working as an MR in their field and they are confused if they should start their own business by taking monopoly PCD Pharma franchise and start their own business.

For every MR before going to start their business they should check and analyze following Points :-

  1. Prescription quantity Doctor level – All the MRs should maintain an estimate of Prescription they can generate depending on their doctors. They should have an estimate that they have numbers of doctors and value of prescription per doctor. This will give them an estimate in sales they can generate.
  2. Prescription estimate at Product level – You should also have an estimate of quantity of product at different doctors. Example , Aceclo+para tablets per doctor,  so you may have  value , example – aceclo+para you can move 150 boxes per month.

This way you can have an estimate of business which you can generate in a month. Total estimate of business will help you in estimating how much you can earn and it will give you a clear idea of the income you can generate.

Points to consider before starting your own PCD Pharma franchise company in your area.

Starting a business is a very big decision, so you should consider following points before you start.

  1. Your monthly minimum expenses.
  2. Your savings which can sustain your monthly expenses. For how many months your savings can sustain you when you are not making any income.
  3. Business estimate you can generate – as mentioned above
  4. Product level estimate – as mentioned above

Once you have this data and If you can reach your monthly income in 4-6 months, You should definitely go for taking your own PCD Pharma franchise company.

If you will work dedicatedly, and move as per the estimates you have calculated, your Pharma business will work very well.

If you are looking for Pharma consultancy please call us at 8288899202 and we will support you in every Way.

 

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Top 5 PCD Companies in India

PCD Pharma companies provide pharmaceutical products to its franchises on monopoly basis to its associates. PCD is short form of Propaganda cum Distribution. These companies work in wide range of products like tablets, capsules, Injections , dry injections etc. They also provide Free promotional material to their associates.

PCD Pharma company also offers an agreement to its associates for monopoly in their region. This is done so that associates of PCD Pharma Franchise companies can work with confidence.

Wellgo Pharmaceuticals is presenting a list of Top 5 PCD Pharma companies in India in 2020. Criteria of selecting these companies:-

a) Customer Service and support

b) Packing and design of material

c) Feedback from PCD Associates

Wellgo Pharmaceuticals

Wellgo Pharmaceuticals is a pharmaceutical company , with its corporate office in Chandigarh. They are one of the best and fastest growing PCD companies in India. They have unmatched customer support and Packing quality. Their products are WHO-GMP certified and their focus is customer satisfaction at any cost.

They have full range like – Tablets, capsules, Injections, Dry-Injections, Dry-syrups, Syrups, Capsules, Soft-gel capsules etc.

V CARE BIOTECH

V Care Biotech is a company based in Delhi. They also have offices in Delhi and Banglore. It is a good company which is focused on providing affordable pharmaceutical products in India.

AMBIT BIO MEDIX

Ambit Bio Medix offers PCD Pharma franchise to its associates. Its aim is to improve quality of life providing best pharmaceutical products. It has grown very quickly and known as a premium quality pharma company in India.

CU-CARD

Cu-Card is maintaining a leading position in global market by providing best quality medicines. They promote WHO-GMP certified products to ensure the quality for their pharma associates.

Zubit healthcare

Zubit Lifecare is a manufacturing and marketing company. They are in market for almost 20 years . Zubit has its office in Ahmedabad. They are a PAN India Presence company. Their distributors are all over the country. Their vision is to provide quality medicines at affordable prices.

Top 5 PCD companies
top 5 pcd companies