Documents Required for Wholesale Drug License with the Application Form.
For any pharma franchise business or a PCD pharma franchise business there have been lists of some formalities released by the government of India. There is an application form in which some details are required and mandatory to fill such as name, place of the area you are going to start an office, pan card details, aadhar card, and the two most important things: Drug License Number and Tax Identification Number.
Stensa Lifesciences is one of the most well-known companies which has been producing more than 300 products. The company is providing many services to their pharma franchise. There is a very good option to tie up with this company. So in this article we will let you know the particulars required to be pharma franchise with a company.
Filling of application form :
First Of All the very prime steps covers the fulfillment of application form. In the application form the individual who wants to start a pharma franchise business is allowed to fulfill all the credentials which are required by the company to tie up. Verification is a must to tie up with any company. And for the sale of drugs there is a basic requirement of these licenses. They are mandatory to be acquired by any franchise.
These particulars are like your Name, your guarantee name, location of office, aadhar card number, pan card number, email id. Bank account number, your signature, details of your qualification, and many more basic things which you require to fill in any application form.
The two most important things to have with you for starting a drug franchise business are
- Drug license
- Tax identification number
For acquiring drug license documents required are listed here:
Self-attested copies of domicile certificate, copy of a Pan card, copy of adhar card.
An affidavit signed by the proprietor and the company you are partnering with on a legal stamp paper.
Layout copy of the premises where you are going to start your own business or open office.
Education certificates copy of whatever to degree you have done or any certification by pharma companies.
If you are rented then you must have a rent agreement copy of the house and if you have your own house then you must have your house ownership details.
A copy of owning a refrigerator is necessary because we need to keep those medications in the refrigerator or for storage purposes.
3-4 copies of your passport size photograph for identity purposes.
A cover letter signed by both parties featuring the detailed agreement between those parties.
Application form 19.
15 Rs/- stamp paper for legal verification.
Why is a drug license mandatory ?
Drug license is an authority from the government of India to run a pharma company or any pharma related business. The area required for starting a franchise business is a minimum of 10 square feet.
Premises which you have selected for an office must be fully ventilated. Casually the drug licenses are of two types one is a retail drug license and the other is wholesale drug license.
A retail license is for those who are directly selling medicines or drugs to customers but wholesale drug licenses are for those who sell medicines in wholesale to the chemists, pharmacists, doctors, nurses, etc.
Stensa life science is one of the most famed companies which has been supplying its manufactured drugs for many years. The company is producing more than 300 production neuro sectors, ortho sector, derma sector, ophthalmic sectors, and many more
. The company has been serving its pharma associates for a very long period. There is an easy setup to connect with the company.