Date Time: 2023-03-19 09:52:54
A Drug license for pharma company is an important document that is required to start the PCD Pharma Franchise Company. All the issue related to drug license starting from the application to the final procedure of the drug license, the Central Drugs Standard Control Organization and the State Drugs Standard Control Organization is responsible.
Generally, the drug department issues two types of Drug License that is:
Retail Drug License :
Retail drug license is generally issued to an individual who runs a chemist shop.
Wholesale Drug License :
Wholesale drug license is issued to an individual who wants to sell drugs on a wholesale level such as through PCD pharma franchise.
In some of the states, the retail drug license is only issued to that person who have done Diploma, Bachelor of Pharmacy or Masters of Pharmacy and have the degree from the recognized university for that particular course.
Different types of pharma franchise business requires different types of Drug License based on the requirement an applicant is issued a specific drug license. There are various licenses that are issued by Drug Standard Control Organization. Some of them are explained below:
Manufacturing Drug License :
The manufacturing drug license is required for of Allopathic, Ayurvedic, Cosmetics drug manufacturing and also other drugs under the Drugs and Cosmetics Act, 1940. The respective State Government of the particular state grants this license to the applicant.
Loan Drug License in India :
The loan drug license is issued to those who do not have their own land for manufacturing their drugs but want to manufacture the products and services by their brand name on land of those for which the license has been taken.
Import Drug License :
The import drug license is issued to the person who are engaging in the distribution of imported drugs or using the imported raw materials for manufacturing the pharmaceutical products.
Sale Drug License in India :
The sales drug license in India is issued to wholesalers and retailers who are engaging in the distribution of pharmaceutical drugs in India.
Retail Drug License :
Retail Drug License in India is issued by Drug Licensing Authority to the retailers who are doing business in pharmaceuticals industry. The individual should be a registered pharmacist under State Pharmacy Council.
The sale of the drugs by retailer must be made in the presence of registered pharmacist which is approved by the department. The Registered pharmacist is required at the retail counter throughout the working hours.
Wholesale Drug License :
Wholesale Drug License in India is issued by Central Drugs Standard Control Organization to those wholesalers who are doing wholesale business or pharma franchise business in pharmaceuticals.
The sale of the drugs by wholesaler shall be made either in the presence of registered pharmacist on whose name Drug License is or in the presence of a competent person who shall be a graduate with 1 year experience or a person who has passed 4 years experience in dealing in drugs in a pharmaceutical company.
Therefore, in India it is quite challenging to acquire or to register for Drug License. So many pharma professionals often found a better idea to hire professionals providing assistance in obtaining Drug License in India for manufacturing, wholesale or retail pharma counters.
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As a dynamic and forward-thinking company, Solace Biotech Limited combines its extensive experience, commitment to quality, and customer-centric approach to provide a diverse range of pharmaceutical & ayurvedic products that meet the highest standards of excellence.
