What is pharmacy ?( फार्मेसी क्या है) How to do bussiness in pharmacy (2021)?

What is pharmacy

( फार्मेसी क्या है)




Pharmacy is the branch of medical science Which deals with the study of drugs ( medicines). Pharmacy is the science of identification ,compounding , and dispensing of drugs . It also includes collection ,purification,synthesis and standardization of medical substances.


You study all these subjects in pharmacy =

  1. Drug discovery 

  2. Product development 

  3. Manufacturing 

  4. Quality control / analysis 

  5. Safety and efficacy 

  6. Marketing and retailing .


Apart from this, now you must have heard many times that what is "pharmacopeia"? 


So now you read it carefully :-


 What is pharmacopeia?

  🔸in Greek pharmacon = Drug

  🔸Poeia = to make 


Definition= it is the official publication containing a list of the drugs and medical and preparation needed to prepare a drug.

Note : Every country has its own pharmacopeias which is known as IP in India, BP of British, US of United States .


So there are a lot of Pharmacopeias in which it is written about drugs. 

If you also want to do pharmacy, if you want to do business in pharmacy, then it becomes very important for you to know about their type. 

Type of pharmacy :-


1 D PHARMA - (Diploma in pharmacy) 

D Pharma is of 2 years duration.

So students, if you want to go into the field of pharmacy, but you are looking for such a course in a short time: which can give you entry in the field of pharmacy.So that's why you can do D Pharma course.Because this is the minimum qualification to become a Pharmacist. 




2 B PHARMA-  ( bachelor of pharmacy ) 

B Pharma - 

 Its duration was 4 years. There is a course which is related to medicine, if you also have interest in making a career in the field of medicine, then you can also do B Pharma. 



3 PHARM- D -( Doctor of Pharmacy)   Pharm D course of 6 years. (Five years training  + 1 year internship)

This is a doctorate degree course. In this you will have to write a description with the doctor and will be diagnostic with the patient. 

Top 10  Ideas to  making businesse in Pharmacy:






Today we look in this article top 10 ideas and opportunities for pharmacists .

Pharmaceutical business is one among most profitable businesses throughout the world.there are many beneficial segments available in the pharma sector . The pharmaceutical industry comes with numerous new opportunities for people that wish to enter into the segment.the main problem faced by the foremost is where to start out a business, what proportion of money to take a position . No matter whatever  they belong to a pharma background or the other field . Today we are getting some important lists of companies in the pharma sector which can prove best for your business career .


1.Retail pharmacy business:-



Starting a pharmacy retail shop is often one among the simplest options within the pharma business.it needs less investment but you will get more Margin as compared to other pharma business . Confirm the situation as sweet where all specific products are available. Retailers pharmacies chemists are placed at ground level within the pharma distribution chain. one has got to confirm about the supply of all running products. The web pharmacy concept is additionally getting by day because it is the most trending retail business model currently throughout the world .Also it might be leading pharma business opportunity within the coming future within the pharmaceutical sector.




2. Medicine distribution business 

Currently medicine distribution is one among the simplest businesses for pharmacists. Actually pharmacists know medicine better than the others .

However like all other retail distribution businesses , medicine distribution demands moderate capital investment initially.also ,it's an appropriate business for the experience holders only .


3.pcd pharma franchise business  


 In the pharmaceutical sector ,the pcd pharma franchise opportunity is one among the simplest suitable works for marketing and sales professionals . It requires minimum investment and maximum profit . If you've got an honest hold within the market and therefore the number of doctors in your circle who can prescribe your products , then pcd Franchise marketing is that the best choice. you'll associate with any pcd pharma franchise company for beginning the pharma enterprise with low funding . And it involves rock bottom amount of risk with more returns .


4 online pharmacy business

Online pharmacy is the maximum trending retail business model presently in the world .

Due to the web ,users are interested in the fact that the online pharmacy business is additionally growing . If you check Google , you'll find tons of online pharmacies that supply medicines at the customer's doorstep. But before getting into the online pharmacy business you have to learn the offline or pharmacy store business process. Also know all the rules and regulations by the government.


5. Food and diet supplements


Food and dietary supplements have large demand within the healthcare and pharma field . A doctor's prescription has one or more meals and nutritional dietary encompass in day by day meals .Due to excessive demand ,it can be a quite profitable businesse.you can marketplace these products for human purposes or veterinary functions of both . Protein powders, vitamins like b- complex, minerals like iron supplements , calcium supplements,and DHA are most commonly used products in the dietary and food supplements business .


6. Pharmaceutical marketing:-


You could also believe in becoming a Pharmacy marketer , especially if you are someone who enjoys commerce . As a drug marketer , you'll make money from selling and distributing drugs made by different pharmaceutical companies to hospitals and pharmacies in your area .

You'll prefer to do that as an employee of one pharmaceutical company or as an independent marketer selling to different companies . It'll be the most profitable and straightforward to start out if you have got sales and marketing experience but don't worry if you don't have any .

You'll also  start after developing a couple of qualities .


  1. Surgical product supply :-


There are  tons of medical stores ,small clinics ,and centers in every small and large city . They have tons of surgical products short of a disposable surgical apron ,hand gloves ,gown,preventive wear.surgical sponge , disposable swabs poetics ,surgical pad , operation theater sheets ,and more . Every center needs these products . There's an enormous business opportunity . You'll start the surgical product supply business from your local medical centers ,clinics , nursing homes,and convenient for them to sell your products .



  1. Cosmetic products manufacturing 


The problem of cosmetic products is famous amongst pharmaceutical professionals. For beginning  the production of cosmetic products you require much less funding and less requirements . But you want a degree in Pharmacy or equaland  training  and need to be registered below the state pharmacy council .You also can hire someone with the above qualifications. 



9 Pharma raw material suppliers


The number of pharma manufacturers is additionally increasing ,demand of excellent quality raw materials is additionally increasing .Most of the staple suppliers are hooked into the few big manufacturers or importing them.Similarly big pharma manufacturing companies affect raw material suppliers in bulk but small pharma manufacturers cannot get direct staple supply so it's good business opportunity to cater demand of pharm raw material .


10. Pharmaceutical consultancy 


Numbers of people  trying to find agencies and individuals who can help them to start out their business. Consultancy is one among the highest  paying professionals if you've got good knowledge of the sector you're related to . If you've got knowledge regarding procedures and regulatory affairs associated with the pharmaceutical and healthcare industry then you'll find your own consultancy business and charge for your guidance and time



REGISTRATION:-


If you want to open your pharmacy business or your medical shop in India then you have to do pharmacy business registration. 

The registration business is divided into four parts:-

  1. HOSPITAL PHARMACY - By hospital fasi we mean the medical shop which comes inside a hospital. Provides medicines to the patients of the hospital according to their minorities .

  2. TOWNSHIP PHARMACY-  For this, the person who wants to open his shop in a slim . And wants to fulfill the medical needs of the people in the slum. 

  3. CHAIN PHARMACY - It means that medical shop whose store is not spread in one place but in different cities and areas.Jesse apollo pharmacy etc.

  4. STAND ALONE PHARMACY - For this, the business of those people who want to open their medical shop in residential areas is registered. Most of the medical stores established in the street areas fall under this category. 



TAX:-


          For pharmacy business, you can register tax under Value Added Tax (VAT) in any state of India. Because this tax comes under the state government. Therefore, to do VAT registration of your business, the VAT or Sales Tax department of the state can be contacted. 



DRUG LICENSE:-


If you want to do your business in pharmacy then it is very important for you to get a drug license. And this license is issued by the Central and State level Drugs Standard Control Center . 


There are two types of licenses issued - 

  1. Retail drug licence

  2. Wholesale drug licence


If you are a retailer of medicines, then you will get a Retail Drug License.And if you are a wholesaler, you will be given a wholesale license. 



REQUIREMENTS:-

  1. Area -  You also have to take care of the area to open your pharmacy.If you want to open your pharmacy, then there is a requirement of 10 square meters for this. And if you want to do both retail and wholesale business together, then 15 square meters is required for that. 

  2. Facility :- According to the labelling specifications certain drugs like vaccines ,sera ,injection  etc.

  3. Staff-  


 ¹ wholesale- In this, the same person is required to have one year experience in drug dealing and who has 4 years of drug postage experience with S.S.L.S. have passed . Especially approved by the department of drug control for the purpose.


²retail- the sale of the drug by retail must be made in the presence of registered pharmacists approved by the delay ,the registered pharmacists are required throughout the working hours.


Digitalbusinessgrow : In this post, you have been given all the  information about pharmacy from which you know what is pharmacy. And how can  you do business in pharmacy .You can Know the details about the pharmacy by following these topics. You must also share this post on social  media.

THANK YOU !!
 
   




Comments

Post a Comment