REQUIREMENT FOR WHOLESALE DRUG LICENSE IN INDIA

Are you a budding entrepreneur who wants to make a mark in the field of pharmaceuticals? Well, claps for the bold decision. It is indeed a challenging yet exciting market where quality plays a critical role.

The competition is fierce, but you can overcome it by providing the best-quality stuff.

Establishing a wholesale firm that deals in pharmaceuticals are intricate, but not complex. Once you understand the steps and follow the procedure, things become pretty simple.

With the government offices getting digital and processes becoming more online with every passing day; you need less time to complete the formalities as compared to earlier.

Before proceeding to get the wholesale pharma drug license, we recommend that you go through the rules, regulations, and norms first.

WHAT ARE THE LEGAL FORMALITIES?

According to the guidelines for manufacturing, importing, and distributing drugs in India, the classification of drugs is done in different schedules.

Acquire a license from the CDSCO or Central Drugs Standard Control Organization under Form 19.

The person applying for the license should have a degree or diploma in Pharmacy from some recognized university or institute.

Also, the person should have at least one year of experience in dealing with drugs.

In light of the latest change that happened in India, it is mandatory to get the GST registration number.

The process of acquiring a license has been quite simplified, and you get it with no hassles.

STEPS TO APPLY FOR A WHOLESALE DRUG LICENSE IN INDIA

(KEEP THESE DOCUMENTS READY)

1. Duly filled application form in the prescribed format

2. Covering letter with the name and designation of the applicant.

3. Challan of the fee deposited for the license.

4. Declaration form in the prescribed format.

5. Blueprint of the key plan, site plan of the premises.

6. The basis of possession of the premises.

7. Proof of ownership.

8. Incorporation certificate, Partnership deed, MOA or AOA as per applicable.

9. Affidavit of non-conviction under the Drugs and Cosmetic Act 1940. It has to be signed by partners, proprietors, directors as the case may be.

10. Affidavit and appointment letter for the appointment of a full-time registered pharmacist or any other competent person.

Even if you submit all these documents, CDSCO ensures that regular inspections are held by a Pharmacy Inspector. Strict norms have been formulated to maintain the storage, display, and sale of drugs.

OTHER SALIENT POINTS

You need to have an apt space to start the wholesale property business.

Air-conditioners and refrigerators are mandatory to avoid bio-molecular damage of insulin, injections, vaccines, and sera.

The place has to be safe from rodents, and adequate cleanliness is required to be maintained.

Proper hygiene should be maintained on the premises to avoid any contamination.

Starting a wholesale pharmaceutical business is not very complex, but you need to prepare for it. Once all the formalities are completed, it should not be a big issue.

Go prepared and get the license in one go!

If you are looking for Leading PCD Pharma Companies in India then visit https://www.walterhealthcare.co.in/getfranchise or call +91 9988849307