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Pharmacy Registration in India | Online Pharmacy Law in India (1)

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The blog includes everything you wanted to know about Pharmacy Registration in India and the Online Pharmacy Law in India. – PowerPoint PPT presentation

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Title: Pharmacy Registration in India | Online Pharmacy Law in India (1)


1
(No Transcript)
2
About Us
  • Taxolawgy is an online marketplace for providing
    highest quality of Legal and Financial services
    in the most transparent environment at affordable
    rates, while opening global business
    opportunities for experts like Advocates, CA, CS,
    etc.

3
A Complete Guide to Online Pharmacy Registration
in India
  • Online Pharmacy Registration

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4
Introduction to the Indian Pharmaceutical Industry
  • The pharmaceutical industry in India is slated to
    increase its value in the near future. From US
    33 billion in 2017, it is expected to go up to
    US 55 billion by 2020. The domestic pharma
    industry grew from Rs 116,389 crore in 2017 to Rs
    129,015 crore in 2018. That is a result of the
    rapidly rising pharmaceutical product exports of
    India.

5
Types of Pharmacy
  • Firstly, you will need to decide on the type of
    pharmacy you want to open. Is it a standalone
    pharmacy, a chain pharmacy, a hospital pharmacy,
    an online pharmacy or a township pharmacy. If you
    intend to open a standalone pharmacy, you can
    proceed with obtaining an LLP pharmacy
    registration in India. Else you can even register
    your business as a private limited company.

6
Eligibility for Pharmacy Registration in India
  • However, you need to be aware that in most
    states, a person needs to possess a
    university-recognized diploma or a degree in
    pharmacy. It will be helpful to obtain pharmacy
    registration in India such as Retail Drug License
    (RDL) from the State Drugs Standard Control
    Organization. The list of recognized and approved
    colleges is accessible through the Pharmacy
    Council of India website.

7
Prerequisites for Obtaining a Drug License
  • Along with qualifications, obtaining a drug
    license requires at least a shop area of 10
    square meters. Space air conditioners and
    refrigerators will also be required to store
    drugs in the Chemist Shop.

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8
Prerequisites for Obtaining a Drug License
If you are applying for a Wholesale Drug License
(WDL), you will not need to possess any degree or
diploma in pharmacy. But you will have to ensure
that the sale of drugs will take place under the
supervision of a registered pharmacist. A
degree-holder with at least one year of
experience in dealing with drugs can also conduct
the same. In both retail pharmacy stores and
wholesale pharmacy stores, drugs can only be sold
by pharmacists who have been approved by the
states Department of Drug Control.
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9
Documentation Forms Required
  • The application forms include Form 19 (for Retail
    Licence), Form 21 (for Wholesale Licence), Form
    19B (for Retail Homeopathic license), Form 20C
    (for Wholesale Homeopathic License), Form 19C
    (for Retail and Wholesale license of Schedule X
    Drugs), and Form 19A (for Retail Restricted
    license).
  • One can download these forms from the Central
    Drugs Standard Control Organization website. Even
    individual State Drugs Standard Control
    Organizations provide the same.
  • Submit the mandatory forms with required
    documents to ensure the smooth functioning of
    pharmacy registration in India.
  • Aside from fulfilling these requirements, you
    will need to deposit a number of documents in
    order to obtain a Retail Drug Licence or a
    Wholesale Drug Licence.

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10
Online Pharmacy in India
The procedure for opening an online pharmacy in
India is quite similar to opening a pharmacy in
India. However, there are rules that have to be
followed in both cases while they put more stress
on online pharmacy law in India
  • No Sale without prescription
  • No Sale of Schedule X drugs
  • Final Packing in a tamper-proof cover under the
    personal supervision of registered Pharmacist of
    the pharmacy
  • Valid Bill for Every sale
  • Facilitate Medicine Recall in the case directed
    by the Government

The IIPA is collaborating with the Central
Government to update regulations by linking the
Aadhaar Number with prescriptions to strengthen
the online pharmacy law in India.
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11
We are sure this information would be helpful for
you. You can simply follow the above steps to
obtain pharmacy registration in India and to
start your chemist shop.
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12
Thank you!
  • www.taxolawgy.com
  • 918961101101
  • info_at_taxolawgy.com
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