Documents Required for Wholesale Drug License

To start a PCD pharma Franchise business the most important thing to be in hand is drug license.it is the most the principal key to initiate a business.mainly there are two kinds of drug licences one is retail and 2nd is wholesale. the wholesale license is for drug distribution and sales of drugs.it is issued by govt of India. drug license is the authorization by govt.it is mainly granted by the competent authority under Drugs and cosmetic act 1940,to proceed with a business related to drugs, medicines or cosmetics.

Drug license is always issued in a specific area it is bound to a particular area. govt has made a particular fee for this.

For starting a business in the pharma sector aspirant must have legal authorization from the government in the form of these licenses.

Acquiring or obtaining a mandatory license one must go through with these compulsions:

• Written Affidavit on a stamp paper of rs 15.
• Self-attested qualification documents like, matriculation certificate, graduation, etc if you have a specialization in the medical line then you must have to show it.
• Self-attested copies of identity proof which consist of Domicile /driving license/pan card/voter id card.
• An affidavit signed by the registered pharma company or pharmacist.
• Certificate copies of registered companies.
• The layout of the particular area proposed.
• Rent agreement if you are not a local person of that area.
• Copy of electricity bill
• Copy of the tax receipt of the proposed area.
• Passport size photos of both business partners.
• Covering letter in which written agreements are stated and must be signed by both partners.
• A challan worth rs 3200 is mandatory to acquire a license.
• Blueprints of premises.
• Invoice details of refrigerator
• Constitution of the firm (MOA/AOA)

Key things to have an authorized license

The minimum area required for starting a manufacturing plant is 10 square meter.and for storing medicines like insulin,injection one must acquire a particular storage space. Some medicines are required to be placed in a cooler place.The office must have a refrigerating area to keep refrigerators and air conditioners

For wholesale license under DRUGS AND COSMETICS RULES in form 20B and form 21 C it is stated that it is necessary to issue this form to the manufacturer or the director or founder of that particular company or either to those who want to do franchise or sales of drugs.

No professional degree is required.just a knowledge and good marketing skill will let you enhance your business.a good familiarity to products is required in this business.as mentioned above this is a low investment business so there are very less chances of loss.

We hope that reading this blog will help you in attaining a successful pharma franchise business.By writing this blog DM Pharma help you gain some knowledge about what you are searching for.company ows to have a quality approach and perfection. Being an ISO certified will clear your all doubts to deal with this company.

DM Pharma is the leading pharma franchise company, known for providing the flawless quality range of drugs.