Step by Step Process to get Wholesale Pharmaceutical Drug License
In the exciting field of pharmaceutical business, it is possible to get success if you work relentlessly and dedicatedly.
The possibilities are limitless, and there is a fair chance for everyone to grow and earn.
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No doubt, there is a lot of competition. However, quality products always outshine others.
There is a full spectrum of business opportunities in the pharma sector. You can choose one that looks most exciting.
Want to become a wholesale pharmacist? Well, for this, the first step is to grab a wholesale pharmaceutical drug license.
It is not an extensively complicated procedure. You need to understand it first. The blog describes a step-by-step process so that you get every bit of it.
As the pre-preparation, you should read the rules and norms about launching a wholesale pharma business first.
The Legal Requirements
- Drugs are classified in different schedules in India for importing, manufacturing or distributing purposes.
- To become a wholesale pharmacist, you are supposed to require a Central Drugs Standard Control Organization license or CDSCO license under the form 19.
- The person should possess a valid diploma or degree in pharmacy from some recognized institute or university.
- Having one years’ experience in the niche is mandatory.
- Register your business for GST and acquire the GST number.
In the recent years, the process has been made quite simple and straightforward. There are no hassles in carrying out the application form.
What are the documents needed?
- Duly filled application form in the format given by the approving authority
- A covering letter mentioning the name and designation of the applicant
- A declaration form in the predefined format
- License fee deposition proof (Challan)
- Site plan and blueprint of the premises
- Proof of possession and ownership of the premises
- Partnership deed, MOA or AOA whatever is applicable, and Incorporation Certificate
- A duly signed affidavit of non-conviction (under the Drugs and Cosmetic Act 1940) by proprietors, directors, and partners
- The appointment letter of the full-time registered pharmacist along with the affidavit
The CDSCO reviews the application form and supporting documents. It ensures that Pharmacy Inspector regularly visits the premises and ensures proper storage and display of drugs.
Stringent norms have been established to ensure safety and quality.
Wholesale pharmaceutical business requires sufficient space to store drugs. The premises should be safe, clean and hygienic. You must make proper arrangement for it.
Ambit Bio Medix is a leading and one of the best PCD Pharma Franchise Company in India. It is dedicated to enhance the quality of healthcare industry by providing best pharmaceutical products for distributorship and franchise.
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