Q. What is the procedure to open a medical store? Ownership proof of premises. Business constitution and registration proof. Affidavit of non-conviction of proprietor or partners or directors under the Drug and Cosmetics Act of 1940. Registered pharmacist affidavit. Equally competent full time working employees affidavit. Which degree is requiredRead More →
Documents Required for Obtaining a Drug License: Application form in the format prescribed in the Act. A cover letter with application duly signed with the details of name and designation of the applicant. Challan of the fee deposited for registration. Blueprint of the premises. Is medical store profitable? The profitRead More →
The best pharmaceutical marketing strategies for 2019 ✅ 1. Use a professional search engine. ✅ 2. Online marketing – AdWords. ✅ 3. SEO positioning. ✅ 4. Diversify with other types of products. ✅ 5. Keep a blog (health-related questions get lots of hits) ✅ 6. Create videos. How do pharmacistsRead More →
Required Documents[edit] The certificate of incorporation or registration. MOA & AOA or Partnership deed / LLP agreement. Pan card. Aadhar card. Age proof. Cancelled cheque (for bank account detail requirement) List of directors. ID and address proof of director. What do you need to open a medicine shop? The followingRead More →
How much profit does a medical store make? Retail medical shop profit margins range from 5% to 30%. There are different margins for each type of product, such as profit margins for trapped products, generic medicines, OTC (over-the-counter) medicines, branded prescription products. How can I start my own medical shop?Read More →
Ans- To open a medical store in the suburbs a minimum of 3 to 4 lakh rupees is needed. While to open the same in a metropolitan city would easily cost you around 7-8 lakh rupees. How can I open a small medical store? The following are minimum requirements forRead More →
Proof of ownership of the premises. Proof of business constitution and registration. Affidavit of non-conviction of proprietor or partners or directors under the Drug and Cosmetics Act, 1940. Affidavit of a registered pharmacist or a person equally competent who will be working for full time. How much does it costRead More →
Documents required for Retail Licence Statutory Application form – 19 for licenses in form (20,21) Residential address proof of proprietor / Partner / Director / Competent Persons / Registered Pharmacist. What is needed to open a medical shop? Q. What is the procedure to open a medical store? Ownership proofRead More →