Medicine Distributors In India - In this blog, you will get all the information about the “leading Medicine Distributors In India”. Also, we will discuss the best way to start a medicine distributor system. The rising economy brings many more business opportunities than ever before. So let’s get started!

First of all, let us introduce the leading pharmaceutical company in India - SYNTONIX BIOFARM. We are actively looking for all interested wholesalers, retailers, and distributors. Our medicines are ISO-certified. Also, Syntonix offers a lifetime opportunity to have the best business experience with us. Reach out to us either by calling us at +91 9357005353 or you can email us at syntonixbiofarm@gmail.com.

Read in Hindi - भारत में दवा वितरक

Reasons To Opt For Medicine Distributorship In India

The pharma sector is a huge contributor to the country’s economy. Not only fulfilling the domestic need but also maintaining the world supply chain. For a better reach of the pharma products in all the small cities, and villages, the country offers legal ownership of pharma products to a third person. Did you know? Around 90% of the supply of pharma products occurs through a chain of distributors, pharmacy services administration, manufacturers, pharmacy benefit managers, etc.

In the entire cycle, medicine distributors play an important role in the secure and transparent supply of pharma products. These distributors are also responsible for the storage and transportation of pharma products at optimum conditions.

Some Facts About Indian Pharmaceuticals Sector

The current value of the pharma industry is over Rs. 3,00,000 crore.
The export of medical products valued at nearly Rs. 1,50,000 crore.
We are the 3rd world’s largest in terms of volume and 14th largest in terms of value in the world’s supply chain of pharma.
Segments such as Generic drugs, bulk drugs/API, OTC, vaccines, etc. are the largest in India.
India is among the top markets place for API.

Steps To Become A Medicine Distributor

For starting a distributor business, you will require a Wholesaler drug license and GST number. This wholesale drug license is issued by the respective district authority by a drug control office.
Now, you will need a stockist ship pr distribution agency from the pharma company for your choice.
But one must understand that different kinds of drugs need a different license for selling. There are majorly two categories - Branded drugs and Generic Drugs.
Another set of Licenses is required for the distribution business of medicines. Suc has FSSAI Registration - It will be required for selling dietary supplements and Shop and Establishment Act Registration
Meet the company and finalize the deal.
Set up the office for an in-person inspection of the drug inspector.
The drug inspector will approve the application for the license issue.
Get the drug license and make purchasing of respective medicine.

Investment Needed For Medicine Distribution Business

In general, the pharma distribution business required quite a lown investment. The overall investment required for the business is divided into two major categories -

Fixed Investment - These are one-time investments needed and cannot be ignored.

Documentation and license cost - 20k-35k
Furniture - 20k
Refrigerator - 5k - 10k

Liquid Investment - These can be varied over time and one can control the investment as per their requirement. Such as - Rent and Medicines

What is the Scope Of Medicine Distribution Business In India?

After getting the drug license, you can start a wholesale distributor business in the following fields -

Prescription Drugs
Over-the-Counter Medicine distribution
Pharma Franchise business
Institutional sale and hospital, pharmacy, supply business, etc.
Surgical dressings business
Medical equipment
API distribution
Food and Dietary supplement distribution
Pharma Marketing Company

Top Medicine Distributor In India - Syntonix Biofarm

Syntonix Biofarm is one of the leading pharma companies that are offering the best business deals across India. Our company is ISO-certified and all the pharma products are DCGI-approved. Also, Syntonix has a very professional staff and a manufacturing unit. The company is one of the trusted pharma brands in India. You can have the best range of pharma medicines at Syntonix Biofarm. At Syntonix Biofarm we are promising top class quality pharma medicines. If you are looking for trusted medicine distributors then we suggest you to get in touch with our company.

We are offering premium quality products at a very low investment. We have assured 100% High-profit margins of up to 15%-20% on our pharma range. Furthermore, medicine distribution has a much lower risk of business and promised high returns.

Lastly, for more details about the medicine distribution business, reach out to Syntonix Biofarm on the following details.

Contact Details

Name: Syntonix Biofarm 
Contact no.: +91 9357005353
Email id.: syntonixbiofarm@gmail.com
Address:  Plot No. 11-12, Danik Bhaskar Building. Sec 25 –D, Chandigarh Pincode – 160014, India