The Indian pharmaceuticals market is the 3rd largest in terms of volume and 13th largest in terms of value, and it accounts for around 20 percent in the volume terms and 1.5 percent in value terms of the Global Pharmaceutical Industry.
The Indian pharma industry is projected to grow over 16 percent per annum during the period 2015 till 2020 as compared to global pharma industry's 5 percent.
There is a huge potential in Indian pharmaceuticals industry which opens door to entrepreneurs and start-ups involved in pharma business.
To do business in pharma industry including Ayurvedic & Unani drugs, one must get a Drug license to operate legally.
As per Drugs & Cosmetics Act, 1940, License is mandatory throughout India. There are more than 10 different types of drug licenses. However, a business unit may require a particular license based on their business requirement. We will help you to find out the one required by you.
Types of drug licenses
a. Retail License: - Issued to run a general chemist shop
b. Wholesales License: - Issued to persons or agencies engaged in wholesale of drugs and medicines
c. Manufacturing License: - Issued to persons or agencies engaged in manufacturing of drugs and medicines
d. Loan License: - A loan licensee/person using the premises, equipment and staff of another drug licensee having a manufacturing license.
How to obtain a drug license
1. Applicant has to provide Plan of Premises for which license is being applied,with the Blueprint showing actual dimensions in meters.
i. Applying for Retail or wholesale license: - A minimum area of 10 square meters is required. Height of the premises should be in accordance with the National Building Code of India, 2005.
ii. Applying for both Retail and wholesale license: - A minimum area of 15 square meters is mandatory. Height of the premises should be in accordance with the National Building Code of India, 2005.
iii. Drug license is not granted to a premise located on a DDA allotted residential plot/land or flat unless it fulfills the requirements of MPD-2021.
Corpseed Three Steps process for Drug License
1. Connect to Corpseed team
2. Provide necessary documents required for Drug License
3. Our Drug License expert will consult you and complete the whole procedure to obtain Drug License for your business
Drug License Registration Steps
Connect with Corpseed team
Submit all the documents required for Drug License
We will draft & file the application with Drug Control Department
Follows-ups with Drug Control department
We will send certificate copy to you via email and courier
How to get Drug License?
Connect With Corpseed
Connect with the team corpseed to discuss specific requirements for your business at IVR: +91 7558 640 644 or firstname.lastname@example.org. It takes 20-25 minutes to discuss requirement.
Once you discuss the requirement, we will align a dedicated Account managers are here to help understand your business and provide best solutions and assist you with the entire process.
Real Time Update
Use our platform to track progress of application and many more. Always know what is going on with your application, what is in progress, and what is done.
Once job is completed, you will receive documents directly to your email ID and at your doorstep along with 30 days payback guarantee incase not satisfied with the services.
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