What is Pharma Franchise Company?

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What is Pharma Franchise Company?
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INFORMATION

• These companies can be understood as an
  authorization or permission granted by a
  government or a Pharma company or an organisation
  possessing the rights, to an individual or a
  group which qualifies them to carry out
  commercial activities as an agent to the market,
  sell or promote that company's product.
• Pharmaceutical companies have a large variety of
  products which they keep on constant developing
  new products.
• This type of agreement gives Pharma companies
  rise in their income apart from the regular
  income from the product that they are obtaining.

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BASIC REQUIREMENT NEEDED BEFORE STARTING A
FRANCHISE

• As with other businesses which sell medicines
  before a license is given to any company who is
  starting to sell a drug independently, the
  government requires them to fill certain
  requirements so that they know that the franchise
  knows what they are selling. These requirements
  include-
• Legal drug license which is provided by the
  Central Drug Standard Control Organization/State
  Drug Standard Control Organization.
• A copy of rent agreement your premise if taken on
  lease or rent or in case one own the building
  where the franchise will be working from the copy
  of the blueprint.
• PAN number from the income tax department
• Registration copy of Limited Liability
  Partnership (LLP) contract with attestation from
  partners (conditional).
• Central Sales Tax
• Outside of these requirements which the person
  owning the franchise needs to fill with the
  person/company/retailer/government who is giving
  them the right a background check is done on the
  person and any criminal record he/she may have is
  taken into consideration before the right is
  granted to them.

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THE DIFFERENCE WITH PCD FRANCHISE

• The main difference between PCD franchise and a
  pharma franchise company is that PCD works on a
  smaller unit with less area whereas pharma
  franchise works on a larger unit with higher
  investment, the larger area of operations and
  specific targets.
• Another big difference is the number of
  documents one needs to fill before the franchise
  whereas PCD pharma franchise file very basic
  documents for the legal rights a pharma franchise
  has to go through a lot of documentation check
  before the right is given which acts as an extra
  level of legality right to them.
• Pharma franchise company act as an alternative
  for people who don't want to buy the medicines
  from PCD pharma.
• The more document involved in the obtaining the
  right also provides a more legal ground to stand
  on for selling of the drugs as compared to PCD
  franchise.
• Another advantage they have is they work on a
  larger area with higher investment meaning
  sending of medicines to other areas is easy and
  they have more branches from which the product
  could be sent to the general public.

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CONTACT US
http//www.sanitypharma.com/
sanitynuerocare_at_gmail.com
91-79-40323942 91-99094 26515
802, Safal Prelude,Nr. Ashwaraj Bunglow,Nr.
Prahlad nagar Garden, Off - S.G.
Highway,Ahmedabad-380015, Gujarat, INDIA.
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