Nowadays, pharma companies also get their products manufactured by third party manufacturing companies and can sell their products in the market under their own brand name. Any pharma company can get its products manufactured by third party manufacturers by following the steps given below:
Select your products and get permission for rates
Pharma companies can select the products of their choice i.e. the pharma products which they want to get manufactured under their own brand name. The selected products should be emailed to them in which information about the product rates, cost of product manufacturing, etc. should be obtained from them.
Finalize the order
Select the order quantity of the selected product. Keep in mind the minimum order quantity like 3000 units of injections
Confirm your final order
Now the products selected by you should be given to the manufacturer. Request the manufacturer to confirm the products selected by you. After confirming the products, half the payment should be made so that the work can be started.
Finalise the artwork
After making the half payment, all the registration process should be completed. Pharma companies need to finalise their artwork as soon as possible like selecting their brand name, company name, logo, address, etc.
Submission of documents
After finalising the artwork, submit your documents like Aadhaar card, drug license, tax number, etc. These documents are very important for receiving the products. Delivery of products
After manufacturing the products, you will be given a quotation by the third party manufacturing company which will contain all the details of the products and the remaining amount is to be deposited. After submitting the documents and the remaining amount, the delivery of your chosen products will be done by the transporter of your choice.
Conclusion
We hope you have understood what is third party manufacturing and what is the process of taking third party pharma manufacturing services. How to get your products manufactured and sell them under your own brand name. We Asterisk Healthcare are a well-known third party manufacturing company in India. If you want to have a contract with a third party manufacturing company, then we are a better solution for you and can help you. If you would like to know more about third party manufacturing in detail.
Note: If you want list of B2B companies in India. Links are given below:
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