What are the qualifications required to start a Pharmaceutical company?

How to Start a Pharmacy Business: 1) Business Registration 2) Tax Registrations 3) Pharmacy License or Drug License Requirement for obtaining Drug License The following are minimum requirements for obtaining drug license or starting a pharmacy in India: Area: The minimum area of 10 square meter is required to start a medical shop or pharmacy or wholesale outlet. In case, the pharmacy business combines retail and wholesale, a minimum of 15 square meter is required. Storage Facility: The store must have refrigerator & air conditioner in the premises. According to the labeling specifications certain drugs like vaccines, Sera, Insulin Injections etc., are required to be stored in the refrigerator. Technical Staff: Wholesale: The sale of drug by wholesale shall be made either in the presence of registered pharmacist or in the presence of a competent person who shall be a graduate with 1 year experience in dealing in drugs or a person who has passed S.S.L.C with 4y ears experience in dealing in drugs, specially approved by the department of drug control for the purpose. Retail: The sale of drug by retail must be made in the presence of registered pharmacist approved by the department, Registered pharmacist is required throughout the working hours. You should also have your documents ready which is required to apply for a drug license. Regards.

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