The increase in the dependency on medicine has paved the way for the pharmaceutical industry. It is a rapidly growing business which researches, produces and supplies drugs and medicines all over the world in order to improve the health of the patients. It always tries to develop new products which would be beneficial to cure diseases. Pharma industry is a franchise business, which means that a franchiser gives permission to other person or company known as the franchisee to sell its products under it’s trademark. Since the drugs are used by people all over the world the pharma industries has to abide many laws relating to patents, safety, efficiency, of drugs.
Pharma industry is a rapidly growing business. A number of factors are responsible for the rapid growth of the pharma franchise industry. Since the franchisee are selling a branded product it does not have to incur a huge marketing cost, which in turn means low investment. There are specific targets but the pressure is less. The administration cost is also low which makes it an excellent career choice. Some of the best pharma franchise companies are found in India.
INDIA: THE LARGEST SUPPLIERS OF MEDICINE:
India is among the largest provider of drugs all over the world. India contributes about half of the generic medicines demanded globally. It is even a huge supplier of medications in country like UK and US. India is a hub to a large section of engineers and scientists who are always working to pave the way for a better future. The antiretroviral drugs use presently to cure AIDS are mostly supplied by India and is estimated to be about 80%.
There are many top pharma franchises companies in India which are doing a very good business and are increasing at a fast pace. This franchises promised to provide high-quality, branded medical trusted by professionals and patients world-wide.
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