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The meaning of Pharma Franchise

by Vishakha Bharti Content Editor
Pharma franchise is concept which began in Europe in the 19th and 20th century when the use of Penicillin and Insulin was on the rise. This led to many producers of the medicine to give out franchises to meet the demands which were growing. This also led to formulation of laws for these medicines. PCD pharma distributors are also present in India. They are usually the big names of the pharmaceutical industry who are looking to spread their name by supplying more medicines in the market.

PCD stands of Propaganda cum Distribution. It is a process in which one can connect with a Distributor of pharma franchise and discuss the process of running a pharma franchise. There are certain medicines which companies supply in the market. Anyone who wants to assist the company to supply the medicines in the market can request an approval of setting up a franchise and then become a distributor.

The entities who enter into contracts with the suppliers of Pharma PCD are known as PCD pharma associates. Their main function is to provide sales and marketing assistance to PCD pharma companies for monetary benefit. The process of phama franchise distribution is very common in India since the demand for medicine is huge. A large portion of the pharma franchise distribution involves supply of allopathic medicines.

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About Vishakha Bharti Freshman   Content Editor

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Joined APSense since, February 19th, 2015, From New Delhi, India.

Created on Dec 31st 1969 18:00. Viewed 0 times.

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