Difference between Manufacturing Company and Pharma Marketing Company - V Care Biotech - PowerPoint PPT Presentation

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Difference between Manufacturing Company and Pharma Marketing Company - V Care Biotech

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What is the fundamental difference between manufacturing company and pharma marketing company? In this blog, we will understand that on the basis of some parameters. Visit: – PowerPoint PPT presentation

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Title: Difference between Manufacturing Company and Pharma Marketing Company - V Care Biotech


1
V Care Biotech
2
What Is The Difference Between Manufacturing
Company And Pharma Marketing Company?
  • We have seen impressive growth in the
    pharmaceutical industry worldwide, especially in
    India. Therefore, it is a wise decision to build
    a career in this field.
  • As far as newcomers are concerned, they have two
    choices. Either they can join a good company and
    rise on the organizational hierarchy.
  • Or they can launch their own business.
  • If the second option is selected, then again
    there are two choices. One can launch a pharma
    manufacturing company or a pharma marketing
    company.

3
Difference between Pharma Manufacturing Company
and Marketing Company
  • What is the fundamental difference between
    manufacturing company and pharma marketing
    company?
  • In this blog, we will understand that on the
    basis of some parameters.

4
Number of clients
  • If you own a pharma manufacturing company, then
    the number of clients will be limited. These
    clients will be those who contribute to the
    manufacturing process.
  • In a pharma marketing company, the number of
    clients will be more. It is because here the
    company has to interact with the distribution
    channel partners and customers.
  • Therefore, the number of clients served at one
    single time in different locations will be many.

5
Operational processes
  • If we consider the operational process, then
    these two models are significantly different.
  • A manufacturing unit makes products of several
    formulations for pharma companies. It has to
    acknowledge the production process, from start to
    finish.
  • Obviously, it is a complex model where several
    departments have to work in coordination, maybe
    under one roof or on an outsourcing model.
  • A pharma marketing company has to focus on only
    two things- business promotion of the products
    and brand valuation. The challenge here is to
    build an efficient network of people to market
    and promote products.

6
Competition
  • If you launch a manufacturing company, then the
    level of competition will be relatively less.
    There will not be many manufacturing companies in
    your segment. You are supposed to compete with
    companies that manufacture the compositions like
    you.
  • On the contrary, a pharma marketing company faces
    fierce competition. You will have a large number
    of companies trying to sell similar products in
    the same marketplace.

7
Experience
  • If you want to launch a pharma manufacturing
    company, then it is mandatory to have experience
    of 4 years or more.
  • If you want to launch a marketing company, then
    there is no such condition. You need to have a
    portfolio of quality medicines and efficient
    promotion techniques.

8
Certification
  • You do not need to have any certification to
    launch a marketing company but to launch a
    manufacturing unit, you need certification from
    valid sources.
  • It is because you need to prove the reliability
    and authenticity of the manufacturing process to
    make medicines. Hence, you need certification
    from ISO, WHO, FSSAI, and so on.
  • In a pharma marketing company, marketing and
    promotion capabilities play an important role.

9
Scale and profit margin
  • A manufacturing company has a higher turnover
    than a marketing company. Its profit earning is
    also higher.
  • A pharma marketing company has less profit margin
    because it has to impose the same rate on
    different clients. Here, the economy of scale is
    required to increase profit.

10
  • V Care Biotech is one of the best PCD pharma
    companies in India with an objective to make sure
    that no patient shall be deprived of
    cost-effective and quality healthcare products.
    We welcome a variety of PCD pharma distributors,
    Pharma dealers, and Pharma franchise distributors
    from all over India to turn into our franchise
    for our Pharma products in their states.

11
Thanks!
  • Any questions?
  • You can find me at
  • https//vcarebiotech.in/
  • Email
  • infovcarebiotech_at_gmail.com,
  • admin_at_vcarebiotech.com
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