After setting-up Pharmaceutical Company (Whether it is Pharmaceutical Marketing Company or Pharmaceutical Manufacturing Company) product selection is prime factor in success and/or failure of any set-up. One side latest molecules we provide benefits in competition, on another side running molecules will boast sale. So it's most crucial step for any start-up. Here we are going to give an example for preparing good product list for your company.
Just look at product list that may be good idea for your pharma company start up.
It is for example purpose only, you can create you product list according to your need and demand. Following factor affect your product selection:
Seasonal: Products like cough syrup and antimalarial drugs are seasonal. These products demand depend upon market demand. Some time they boast sale but some time these may come inform of non moving products.
Market Demand: Pharma Market is innovative market. Product demand and new research causes change in prescribe drugs. Doctor prefer to write new molecules, so old molecules tend to be out from market. Making proper research about currently prescribed product make difference in sale.
Antibacterial and Antimicrobial: Antibiotics have huge demand in market. They bear huge part of your sale. Provide less margin due to tougher competition. You have to update your antibiotic timely due to DPCO and other governmental policies.
Antacids and PPI's: These are bulk selling products. Nearly every prescription bears antacid along with multivitamins multiminerals. Selection of PPI's depend upon territory and doctor's choice. some doctors write omeprazole, few prefer ranitine. Rabeprazole and Pantoprazole are in high demand with or without combination.
Multivitamins, Multiminerals with Ingredients: Lycopene, methylcobalamine, babilona, ginseng, biotin etc with vitamins and minerals give huge sale and good margin also. Multivitamin preparations can also be used without combination.
Just look at product list that may be good idea for your pharma company start up.
It is for example purpose only, you can create you product list according to your need and demand. Following factor affect your product selection:
Seasonal: Products like cough syrup and antimalarial drugs are seasonal. These products demand depend upon market demand. Some time they boast sale but some time these may come inform of non moving products.
Market Demand: Pharma Market is innovative market. Product demand and new research causes change in prescribe drugs. Doctor prefer to write new molecules, so old molecules tend to be out from market. Making proper research about currently prescribed product make difference in sale.
Antibacterial and Antimicrobial: Antibiotics have huge demand in market. They bear huge part of your sale. Provide less margin due to tougher competition. You have to update your antibiotic timely due to DPCO and other governmental policies.
Antacids and PPI's: These are bulk selling products. Nearly every prescription bears antacid along with multivitamins multiminerals. Selection of PPI's depend upon territory and doctor's choice. some doctors write omeprazole, few prefer ranitine. Rabeprazole and Pantoprazole are in high demand with or without combination.
Multivitamins, Multiminerals with Ingredients: Lycopene, methylcobalamine, babilona, ginseng, biotin etc with vitamins and minerals give huge sale and good margin also. Multivitamin preparations can also be used without combination.
Injections: You may opt out for injection in starting. Injection give low margin but by consumption, injection can't beat by any other form. Parties supply direct to hospitals at net rates.
Liquids: An ideal product list contains tablet, capsule, softgel, liquid, powder, eye drop, herbal products, dry syrups, injections, ointment etc. Liquids are also play major role in establishing your company.
Eye/Ear Drops: Eye drops add additional advantage over other competitors because very few companies has eye/ear drop in their range. Mostly companies launch separate division for eye section.
Skin products: Skin products consume much investment. Theses are good option but take your inventory at check.
Liquids: An ideal product list contains tablet, capsule, softgel, liquid, powder, eye drop, herbal products, dry syrups, injections, ointment etc. Liquids are also play major role in establishing your company.
Eye/Ear Drops: Eye drops add additional advantage over other competitors because very few companies has eye/ear drop in their range. Mostly companies launch separate division for eye section.
Skin products: Skin products consume much investment. Theses are good option but take your inventory at check.
Ayurvedic Preparations:
A good product list generally contain few Ayurvedic Preparations. If you can't add more product, Liver preparations, pain oil or capsules and some gynae products could be included.
Here attaching sample product list for your knowledge:
please comment if you consider any molecule should be in list
Here attaching sample product list for your knowledge:
please comment if you consider any molecule should be in list
Price List | |||
Tablets | |||
Pack | Composition | Packing | |
1 | 06 Tab. | Azithromycin 250mg | Blister |
2 | 03 Tab. | Azithromycin 500mg | Blister |
3 | 10 Tab. | Azithromycin 250mg | Alu-Alu |
4 | 10 Tab. | Azithromycin 500mg | Alu-Alu |
5 | 10 Tab. | Pantoprazole 40mg | Alu-Alu |
6 | 10 Tab. | Glucosamine+ Collagen Peptide+ Chondroitin Sulphate + Multivitamin & Multimineral | Alu-Alu |
7 | 10 Tab. | Trypsin Chymotrypsin 100000 Armour Units | Alu-Alu |
8 | 10 Tab. | Trypsin Chymotrypsin 50000 Armour Units+ Diclofenac 50mg | Alu-Alu |
9 | 10 Tab. | Trypsin Chymotrypsin 50000 Armour Units+ Diclofenac 50mg+PCM | Alu-Alu |
10 | 10 Tab. | Trypsin Chymotrypsin 50000 Armour Units+ Aceclofenac 100mg+PCM | Alu-Alu |
11 | 10 Tab. | Trypsin 48 mg+ Bromelain 90 mg+ Rutoside Trihydrate 100mg | Alu-Alu |
12 | 10 Tab. | Cefixime 100mg DT | Alu-Alu |
13 | 10 Tab. | Cefixime 200mg DT | Alu-Alu |
14 | 06 Tab. | Cefixime 200mg + Potassium Clavulanate 125mg | ALM |
15 | 10 Tab. | Cefixime 200mg + Potassium Clavulanate 125mg | Alu-Alu |
16 | 10 Tab. | Cefixime 200mg + Ofloxacin 200mg | Alu-Alu |
17 | 10 Tab. | Cefixime 200mg + Azithromycin 250mg | Alu-Alu |
18 | 10 Tab. | Deflazacort 6mg | Alu-Alu |
19 | 10 Tab. | Doxylamine Succinate10mg + Pyridoxine Hydrochloride 10mg | Alu-Alu |
20 | 30 Tab. | Doxylamine Succinate + Pyridoxine Hydrochloride + Folic Acid | Alu-Alu |
21 | 10 Tab. | Etoricoxib 90mg | Alu-Alu |
22 | 10 Tab. | Etoricoxib 120mg | Alu-Alu |
23 | 10 Tab. | Etoricoxib 60mg + PCM 325mg | Blister |
24 | 10 Tab. | Etoricoxib 60mg + Thiocolchicoside 4mg | Alu-Alu |
25 | 10 Tab. | Etoricoxib 60mg +PCM 325mg + Thiocolchicoside 4mg | Alu-Alu |
26 | 10 Tab. | Etodolac 600mg Extended Release | Blister |
27 | 10 Tab. | Etodolac 400mg +PCM 325mg | Blister |
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