API stands for Active Pharmaceutical Ingredient. API is a chemical compound and the most important raw material to produce a finished medicine. API gives the intended effect in the medicine to cure the disease. For instance, Paracetamol is an API for the medicine Crocin and this API is responsible for giving relief from body ache and fever. Every medicine is formed from two main ingredients, the chemically active APIs and chemically inactive, excipients, which is a substance that delivers the effect of APIs to one’s system. In short, API + EXCIPIENTS = PHARMACEUTICAL FORMULATION. It must be noted that excipients have no pharmacological action on their own i.e. they are inert.
Excipients are the bulking agents, fillers, or diluents because in most cases API is in milligrams or micrograms. With the small quantity of APIs, it is impossible to make any stable formulation without adding any excipients. One can find the name and amount of the active ingredient contained in the medicine on the package of OTC (over the counter) drugs. Some medicines also use multiple APIs which are known as fixed-dose combination drugs.
All you need to know about APIs (Active Pharmaceutical Ingredients)
Where APIs are made?
Traditionally, the APIs were produced by the pharmaceutical companies themselves in their own countries but in recent years, many pharma companies have opted to outsource overseas to cut costs on expensive equipment, employees, and infrastructure. This changing trend has caused significant changes in how these drugs are regulated, rigorous guidelines, and more inspections. Pharmaceutical companies are mostly located in the United States and England but the concentration of API manufacturers is high overseas especially in Asia, particularly in India and China.
Who makes APIs and how are they made?
The API manufacturers make API. Their development department conducts a series of experiments to find a chemical compound that has the potential to become an API. After finding the compound, the API manufacturers prepare a chemical compound that becomes an API in the laboratory by considering the degree of concentration and temperature that will help in the development of a quality API. The API is not the result of only one reaction from the raw materials instead it becomes an API after several chemical compounds. A chemical compound which is in the process of becoming an API from raw materials is named as an intermediate. Then the production department manufactures a high quantity of APIs using the large reactors. According to Kastura Chemical, ‘’ If an API is not ultra-pure, medicine can not meet the strict quality criteria. So, the quality of an API plays a really important role”. After that, the quality control staff then conducts analyses in the testing laboratory to examine whether the manufactured API is ultrapure, and after testing it is packaged and becomes ready for sale to the drug manufacturers. Drug manufacturers then make medicines by mixing APIs and pharmaceutical excipients. After this long process, the APIs turn into medicines which are then delivered to hospitals and pharmacies.
What are the regulations?
Regardless of where the API is made, it is the responsibility of the company to adhere to strict safety and quality standards set by the country where it will be used. For instance, the APIs manufactured in China or India for use in the United States must still be inspected and licensed by the FDA. Similarly, if the API is intended for use in Europe, they are required to meet the regulations set by the European Medicines Agency.
If you are interested in Pharma franchise business and looking for leading PCD Pharma companies in India then Worldhealthcare Pharma is a top PCD Pharma Agency in Haryana Ambala India. We provide a large range of authentic medication, world-class variety, and packaging. To know more write to us at worldhealthcarepharma@gmail.com
The PCD Pharma Franchise Companies business is quite popular all over India. This business works as small parties consisting of individuals to groups. With a higher birth rate, the demand for medicines also increased. To make the availability of products at every area and location, the Franchise Companies appoint Pharma Distributors to take the orders and deliver their stock on time. These distributors are one such channel that provides a good margin to the Pharma Company.
“Healthcare distribution is not just about delivery, it is all about getting the right medicines to the right patients at the right time, safely and efficiently”
To get the maximum sale of the pharma products, you need to appoint a PCD pharma distributor. You might be thinking now, ‘What is the use of franchise distributors and how it will benefit our company’, right? You can find the answer to this query below.
Who are Pharma distributors?
A distributor is just like a company that buys and sells products from another company. They are the link between manufacturers and pharmacists. Pharmaceutical distributors get prescription medicines and other medical products directly from pharmaceutical manufacturers for storage in warehouses. It then sells the products to retailers and consumers.
What is the PCD Pharma Franchise Companies Distributor Model?
The term PCD Model or PCD Pharma Franchise Model or Franchise Distributor Model; all are the same. When you get the Pharma franchise, you need to appoint the pharma distributor or pharma professional to carry out several activities.
Some of the activities are given below:
- Performing commercial activities on behalf of the associated pharma company
- Using the trademark, product, and brand names
- Utilizing the technical knowledge and marketing tools
- Sharing the proprietary knowledge of the company
- Enjoying monopoly rights in a specific region
It is quite clear that the franchise distribution model is quite productive and useful for both the pharma company and the distributor.
What are the Benefits of connecting with Pharma distributors?
- By appointing franchise distributors, you can develop a business enterprise all over the world.
- The Pharma distributors have good connections in the pharmaceutical industry; it will help you to get maximum referrals from the doctors and leading hospitals.
- Pharma franchise distributors create more opportunities for you in different regions. By this, more and more people can know about your product and start using it.
- Undoubtedly, it will promote your brand name and helps to establish a well-reputed place in the market.
- People will believe your products that will make your goodwill grow more.
- Your company name will count one of the top pharma companies in Ambala.
Eligibility Criteria to Become the Franchise Distributor:
- Minimum qualification 12th or equivalent to graduation
- A valid Drug License No.
- Tax Identification Number (TIN)
- Experience of 3 to 5 years in a pharmaceutical company or small business
- Should be self -independent to perform duties
- Should knowledge about trade terminologies like profit margin, profit, and loss, etc.
- List of products that the Franchise wants to do business
- Information about professional experience
Now you can start growing your business to become the top PCD Pharma franchise companies in Ambala, Haryana. And can expand your business all over the world through franchising. The value of your product will increase with the increasing value of your brand name. A pharma distributor can take your business growth to new heights of success that will be beneficial for you and your Pharma Company.
PCD Pharma Franchise Companies
If you want to know more about the PCD Pharma distributors in Ambala, World Healthcare is here to help you by recommending one of them. We are one of the most reputed PCD Pharma franchise companies in Ambala that offers you the top Pharma services. Our mission is to maintain the highest ethical standards in the market while meeting the highest customer satisfaction.
It is a quality time to decide on which business to choose!!
Expert’s point of view, one should pick a company that shows good growth. Even if the competition is high, but if the business is flourishing, you can get a good chance of good earning.
Among all the businesses, the pharmaceutical business is one of such high-potential business streams, offers great business opportunities to business seekers. Here we will discuss the futuristics Scope of pcd pharma franchise in India.
The scope of pcd pharma franchise is increasing and it’s not something we say just to increase our numbers, the data shows that.
What is PCD Pharma Franchise Company?
Propaganda Cum Distribution (PCD) is a term that describes the legal authority or right passed by a company to a third party to promote the services or goods. Due to its capability of earning good profits without putting large amounts at risk, the PCD Pharma Franchise model is gaining tremendous popularity.
Pharma Franchise Business Future Growth in Upcoming Years
The Indian pharmaceutical industry is growing significantly in recent years in India and worldwide with a CAGR of 15.92%. The number shows that the industry will reach a mark of USD 250 billion by 2020. The growth rate seems to be continued for several years. By observing the stats it is clear that the PCD Pharma franchise company in Ambala is offering a good career scope and future to the pharma experts.
The below-listed points clearly show that the PCD pharma franchise in India is providing a big scope to the market players.
- With modernization and advancement, people are also getting more aware and conscious about healthcare medicines. They are demanding the best medical facilities.
- The PCD pharma franchise business runs on the concept that the more you will sell the more you will earn. The reputed and right pharma company will provide you with a profitable franchise venture.
- The income of middle-class families is also rising and they are widely spending on medications.
- The government is also taking initiative towards the development of the pharma industry.
- Minimum production cost, company establishment, and robust R &D infrastructure, these all factors are responsible for pharma sector growth in India.
Eligibility to start PCD Pharma Franchise in India
Minimum 2-3 years of experience in the sales and marketing field of pharma products.
- Minimum requirement Rs 10, 000 to as far as 3 to 4 lakhs
- Pharmacists registered under state pharmacy council
- Original sales track reports
- Distributors/ medical representatives/ wholesalers/retailers are also eligible
- Drug License Number that is issued by District Drug Inspector Officer
- Private Limited Company registration (In case of a partnership)
- Tax Identification Number (TIN) Issues by District Sale Tax Department
PCD Pharma Franchise in India: Reasons to always step towards growth
Pharma business can be the most rewarding business sector for you. At every step you take, every business is full of risk, but the pharmaceutical franchise carries out a minimum risk that is the best part. You actually secure more than 50% of your future when you choose a good Pharma franchise company.
Here are some reasons listed below of pharma franchise continued growth:
- Minimum Risk and Investment: Every business involves risk but the pharma business involved very little risk. The major benefit a pharma individual gets from the franchise business is the less investment and risk.
- Low Cost of Marketing: When you join hands with the top pharma franchise company then you get free of cost marketing and promotional tools that will help you to grow your business well.
- Good Profit Return: You can earn a good profit margin in the pharma franchise business. By associating with the reputed company you get the chance to deal with a wide range of pharma products and medicines. And it is the best way to attract customers and do a good sale.
We hope that you get the appropriate information and knowledge about the PCD pharma franchise. If you are a real business seeker who is searching for the right company to invest then have a genuine business deal with World Healthcare Pharma Company, PCD Pharma Franchise in Ambala.
The pharmaceutical industry is booming rapidly in India, so it is expected that by the end of 2020 it may become the third-largest global market of pharmaceuticals. With the purpose of huge growth, many Pharma companies in Ambala are coming into the pharma field. The franchise business in the pharma sector is of two types. The first is PCD Franchise and the second is the Pharma Franchise. Many people who are new to the pharma industry often confused by these two terms. If you are one among them and want to know the Difference between the Pharma franchise and PCD Franchise, then this article might help you.
Pharma Franchise and PCD (Propaganda Cum Distribution) pharma Franchise are co-related terms and there is no huge difference between both of these terms. One of the crucial differences between the PCD Franchise and Pharma Franchise is the sales targets and the eligibility of an individual or distributor.
We, at World Healthcare through this post will provide a lot of information about the difference between pharma franchise and PCD Pharma Franchise.
What does Pharma franchise and PCD Pharma Franchise mean?
PCD Pharma Franchise
PCD franchise known as pharma PCD means propaganda cum distribution. Pharma PCD is a marketing technique used by the Pharma PCD companies in Ambala when they need to promote their products on a smaller scale to retailers. The PCD franchise companies appoint PCD distributors who use the company’s proprietary information to help distribute and promote the company’s brand and products in the market. In other sense, the PCD pharma franchise works at small scales. You need a small unit that requires less investment. The targets are not specific.
Pharma Franchise
The Pharma Franchise is known as the Monopoly franchise, is a business system ideal for individuals with pharma experience and background. Pharma franchise allows an individual or a group of individuals to engage in business activities on behalf of the pharma company. The pharma PCD franchise company In Ambala grants the authorization with the aim to increase it’s brand and product reach in the market via the medium of pharma franchise. The pharma franchise owner acts on a monopoly basis and is responsible for marketing, distribution, and sales of the company’s pharma products to clients in a particular area.
On which ground pharma franchise and PCD Pharma Franchise are different:
The PCD Pharma and Pharma Franchise are the same as the minor difference in the scale on which they work. There are some areas where Pharma Franchise and PCD Pharma differ from each other:
Allotment of Area:
The pharma franchise and PCD pharma franchise both act on a monopoly basis. A pharma franchise covers a larger business area and there is a number of procedure and requirements that need to be fulfilled in terms of area to get the pharma franchise. While a Pharma PCD works over a smaller area or zone. Multiple PCDs collectively work under one pharma franchise venture.
Qualification & Experience:
Pharma franchise owners must have passed 12th grade or preferably a pharma degree but most importantly they should have 2 to 3 years of experience in the pharma industry reputed multi-party distributor and they are also eligible.
On the other hand, The PCD franchise business does not require any kind of experience; anyone can start a pharma PCD franchise regardless of the qualification and experience. However, you need to have a good salesmanship spirit.
Area of Sales:
The biggest benefit of the PCD franchise is that it does not set any sales target. However, some companies give additional benefits to maximum achieves targets. Whereas a pharma franchise owner gets monthly or quarterly targets as they have a very little target to achieve.
Investment Requirements:
Pharma Franchise surely requires more investment than the PCD Pharma as it works on a wide scale. PCD Franchise can be started with an initial investment of Rs10, 000 to Rs 15,000. The plans are low and flexible to your needs. On the other hand, franchise businesses have bigger investment starting which can be Rs 50,000. Many times the plans start from lakhs which varies company to company.
Marketing and Promotional Tool support:
Direct promotional tools such as reminder cards, ADI, calendars, pens, diaries, etc are provided to the pharma franchise. A franchise client is able with sales, market, and promotional strategies from the beginning. They work on a large base which means better promotional chances. Whereas the PCD franchise gets smaller promotional tools as compared to the pharma franchise.
Final thoughts
Apart from the above-mentioned differences, there are no other major types of divergences between the two business agreements. Therefore, the scale for the Pharmaceutical business is huge in the country. This business field provides the best opportunity for growth and good revenue for pharma professionals. Thus many are investing their money in this sector. If you are looking for a PCD Pharma franchise in Ambala then Worlth Health Care Pharma is the best place for you as this PCD Pharma Company is a leading and one of the best PCD Pharma Franchise Company in Ambala offers pharma products and franchise marketing.