Pharma Franchise

Pharma Franchise & monopoly Basis PCD is become the backbone of pharmaceutical industry in India. According to Biospectrum India Report Pharma Franchise Business in India going to generate revenue around $250 billion by the end of 2020. Now you must be thinking that if the revenue is so high then what is this Pharma business franchise model which every pharmaceutical company want to follow. Well we’ll explain you.

Pharma Monopoly Franchise Brief Introduction

As we all know that every business want to grow in their respective field. In every field if you want to grow then you have to follow the market trend. According the market trend of pharmaceutical industry in India Pharma business franchise is the best option.

In this business model you have to take the authorization from the respective pharma company in order to sell their products at your own behalf. The pharma business opportunity model is very interesting and provide immense benefits. In this model you are the owner of your own business. Which means there is no tension of achieving the monthly targets to get franchise of a branded companies.

During the agreement which is also known as pharma marketing agreement. The company grants you authorization for carrying the company’s products, monopoly rights and company trademark’s with mutual terms between the parties.

Is there Any Requirement for Getting Pharma Monopoly Franchise Opportunity in India?

Yes in order to choose pharma business franchise model then you have following things

1. Drug License.
2. Valid GST Number.
3. Tin Number.

Top Multinational Companies Who Provide Pharma PCD Franchise Opportunity

• Lupin Pharma (Division name Lupicare PCD)
• Sun Pharma
• Ranbaxy
• Cipla.
• Alkem.

So if you are looking to start new pharma company then you have two options one is Pharma monopoly franchise (maybe you can take monopoly rights), Pharma PCD.