Author Topic: How can you start a pharmaceutical company?  (Read 1936 times)

Afsana Ahmmed

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How can you start a pharmaceutical company?
« on: July 31, 2018, 12:32:25 PM »
How can you start a pharmaceutical company?
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A2A!!
Im a B.pharmacy professional. my dream project is open a pharma company with mutinational quality medicine and lowest price compare to all.
Coming to the piont, to start a pharma industry you need following things

1. Funding
2. Equipment and furniture
3. Headquarters
4. Supplies
5. Licenses and permits
6. Marketing plan

Find an investment  firm--ideally with experience loaning funds to pharmaceutical  start-ups—willing to take a chance on your company. Draft a business  plan and present it to venture capitalists you approach. Include goals,  objectives, a mission statement, competitive analysis, operational plan,  laboratory design proposal and a complete list of the equipment and  supplies your company will require at start-up. Anticipate asking for at  least 100 million—perhaps more--based on the unique needs of your  business plan

Recruit the best  scientific talent under the sun and make certain packages of information  about the scientists you’ve recruited are included with your pitch to  the venture capitalists on your radar. Pump up biographical data to  showcase staffer's accomplishments and biggest discoveries to convince  lenders that your pharmaceutical company’s future is solid given the  caliber of scientists under roof.

Focus on the future by  setting attainable goals—e.g., "four products ready for clinical trials  in two years" or "25 new drugs with Food and Drug Administration  approvals in five years." Encourage everyone to stay abreast of industry  news by reading medical journals, taking workshops, enrolling in  continuing ed classes and pursuing other opportunities to grow; after  all, giving plenty of professional support to employees really is the  best medicine of all.
Im working in a pharma industry who manufacture solid dosage form.
Equipments you need to start a small scale industry are
1. RMG
2. FBD
3. May be two Shifters
4. Two Multi Mill
5. Blender
6. Two tablet compression machine
7. Blister Packing machine
8. IF it's coated tablets then a Pan Coater.

All this equipments can get upto 50 millions.
 so plan and execute.

I hope the information is helpful to you