Frequently Asked Questions on PCD Pharma Franchise

  • What is the average profit margin for pharma distributors?

    Average Profitable margin for Pharma distributor is in between 15 – 20 %.
  • What documents are needed to be owned & submitted to the pharma company to get a franchise?

    Documents needed to get a Pharma franchise are:
    -Legal Drug License
    -PAN Number
    -Company Profile
    -GST Registration No.
    -Brand affidavit
  • What is the GST on pharmaceuticals?

    GST Rate on medicines puts in to four parts i.e 0 %, 5%, 12%, 18%
    -Human blood and its components and contraceptives come under nil GST i.e. 0 % GST
    -Only pharmaceutical products made of Nicotine polacrilex gum come under 18 % GST.
    -Only a few medicines Such as ORS, INSULIN VACCINES  capped 5 %  Gst need not to change the price tags.
    -Maximum applicable GST rate is 12 % which is applicable for price-controlled drugs.
  • How to start pharma franchise?

    PCD is propaganda cum distribution. For starting the pharma franchise:

    -Choose the area you want to market. Choose the best company with whom you want to do business.
    -check the company background, market position.
    -Most important thing is to check is the availability of the products i.e. the products they claim available to them or not.
    -Send the queries for the company whether they have a vacancy for pharma franchise or not.
    -Check out the term of payments of the company
    -Both the parties should go through written Terms and conditions
    -Monopoly rights should be well known for both the parties for it do take a written agreement which is very clear about the territory where you want to market the products of the company.
    -Promotional inputs by the pharmacy company like visual aids, catch cover, note pads, working bags, small gift articles, etc.
  • What is the full form of PCD?

  • What is PCD Pharma Franchise?

    PCD stands for Propaganda-Cum-Distribution. PCD pharma companies are those companies which provide products to their franchise partner and also the monopoly of marketing and distributorship rights for the given geographic area.
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