Third Party or Contract Pharma Manufacturing is the process of Pharmaceutical Products to get Manufactured from Other Manufacturing Units with Your Own Brand Names. Pharmaceutical Marketing Company who doesn’t have their own Manufacturing Units opts this Service from Contract Manufacturers. There are Many Pharmaceutical Manufacturing Companies in India which offers Manufacturing Services to the Marketing Companies. Many Multinationals and Domestic Companies are Also Choose this Approach to Manufacture their Products. This process saves time and Larger Investment of the companies who are looking to build their own Brand.
How We Works?
1. Select Product Composition And Packing
Select required products compositon which you want to manufacture with your own brand. Shortlist your desired product and share it with us. Share it on our email id/whatsapp or call us for their quotation which includes all cost and expenses related to product manufacturing.
2. Finalizng Order QuanityFinalizng Order Quanity
You must finalize the order quantity of the selected product. While concluding the order quantity, you have to keep batch size in mind. As mention by us, minimum order quantity for required product will be 300 to 500 boxes in tablets and capsules section. For liquid and dry syrups, it will be 3,000. For injections, it will be 3,000 to 5,000.
3. Prepare Purchase Order
After finalizing composition and order quantity for third party manufacturing, you must raise a purchase order to our email id. Then, we will confirm your purchase order. After comfirmation, partial advance payment should be deposit to initiate the process.
4. Submission Of Documents
You need to submit various documents like company profile, directors and company documents (aadhar card and pan card) copy of resolution for authorized signatory to deal. In addition, drug license, gst registration certificate and agreement for manufacturing.
5. Finalize Artwork
After advance payment and submission of documents, you must finalize your design artwork. There are various steps involved in this that you have to keep in mind while finalizing artwork.
- Check brand name availability on official ip india website and brand name registeration.
- Check design and colour combination
- Check packing and composition details.
- Check marketed by company name, logo and address.
- Check spelling correction to finalize the approval.
6. Product Delivery
After product manufacturing, you will receive proforma invoice with the details of products. You need to submit rest of the amount against invoice. After the clearance of accounts, your products will be dispached through best distribution channel transporter.
Advantages of Third-Party Manufacturing:-
- A Person can start their Own Pharmaceutical Company at Large Scale Without Investing and Having its Manufacturing Unit.
- They Can Start Pharmaceutical Company with Large and Wide Product Portfolio.
- They Can Start Pharmaceutical Company with Minimum Investment and Manpower.
- They Can Focus on Other Major Sections of Company instead of Manufacturing Procedure Elements.
- Easy and Simplest Way to Expand Your Business with Contract Manufacturing.