Third Party Manufacturing Pharma: Are you aware of the advantages of working as a Third Party Manufacturing company in India? Or do you know the benefits you could enjoy by hiring the services of third party manufacturers in India? Let us help you get acquainted with the concept of contract manufacturing pharma if the answers to the questions above is a “no”.This blog is dedicated to understanding the meaning, services offered and the advantages of working with a third party manufacturing company. So, let us get started.

third party manufacturing

What is Third Party Manufacturing or Contract Manufacturing Pharma in India?

Contract Manufacturing Pharma is useful when you are looking to work your way through pharma manufacturing at reasonable rates. By hiring the services of a good third party manufacturing company, you could get the same or better quality if you were doing it yourself. The only difference is that using a third party medicine manufacturer can significantly lower your investment capital thus earning you better profits while keeping the risk low.

Must Read: Top Third Party Manufacturing Pharma Companies in India

In third party manufacturing of pharma products, a pharma company outsources the manufacturing of pharma products in its own brand name to a third party medicine manufacturer.

The Benefits of using the services of a Third Party Medicine Manufacturer in India

Third party manufacturing offers tremendous benefits to pharma companies, therefore, the concept has become a norm where large-scale production is required. Listed below are only some of the so many benefits of Contract Manufacturing Pharma.

  • Large-scale Production at Reasonable Prices

Hire the services of a third party manufacturing company if you are in search of cost-effective investment. Contract manufacturing services let you forego a headache that comes with establishing a production unit and then hiring a professional team to operate it. Thus, with contract manufacturing, you are looking at reduced development costs. Bulk production at reduced prices is also made possible with third party medicine manufacturing service.

  • Quality Control

The best third party medicine manufacturers are usually equipped with their own in-house quality control department that is overseen by quality assurance experts. Such manufacturers follow stringent quality protocols to the rule and are certified by notable health regulatory bodies like the WHO, GMP, ISO, etc.

  • Customized Services

Also Read: What are the elements of Best Pharma Franchise Suppliers in India?

Most top class third party manufacturing companies offer bespoke services customized to suit your preferences. Customized packaging and labeling are some unique features offered by such pharma manufacturers.

Looking for a third party manufacturing company? Give us a call at +91-9888885364.

To become one of the best third party manufacturing pharma companies in India, a pharma manufacturing entity must comply with specific rules and regulations. Also, establishing a manufacturing unit for a pharma company is a tad cumbersome compared to setting up a manufacturing unit for other industrial units.

Third party manufacturing pharma companies

Working of the Third Party Manufacturing Pharma Companies in India

Third Party medicine manufacturer companies are hired by Pharma PCD franchise companies or small-scale pharmaceutical manufacturers for a large-scale production capacity of pharma products. Third party manufacturing pharma companies in India lend their expertise to the whole production process on a contract basis, therefore, such companies are also known as contract manufacturing companies. The whole process of Third party pharma manufacturing is carried out in accordance with the GMP and can be summarized into a few steps that include raw material procurement, processing, formulation production, Packaging & labeling, storage, and shipment.

Checklist for setting up a Pharmaceutical Manufacturing Unit

Tick off the following items on your checklist if you wish to set up a Pharmaceutical Manufacturing unit in India. The list has been compiled based on the tips offered by some of the top Third party manufacturing pharma companies in India that enjoy a grand position in terms of market share and reputation among peers.

  • Familiarize yourself with Basic Pharma Manufacturing Knowledge

Consider doing a study of the pharmaceutical manufacturing market if you are thinking of taking a plunge in this industry. A careful research and study would help you gain an insight into the workings of a pharmaceutical manufacturing company. If this sounds time-consuming, then a better alternative would be to associate with an expert having an in-depth knowledge of pharma manufacturing and its procedures.

  • Premises for setting up the Manufacturing Plant

One of the most significant and crucial steps is to look for premises to set up a manufacturing facility. The location of the plant and the premises layout must comply with Good Manufacturing Practice (GMP). The facilities must also adhere to protocols laid out by the governing bodies of WHO, GLP, and ISO. Many top Third party manufacturing pharma companies of North India have chosen to set up manufacturing facilities in Baddi in Himachal Pradesh. The town is a popular pharma hub and marked as a Special Economic Zone (SEZ).

  • Pharma Manufacturing Licenses

To run a legal Pharma Manufacturing Unit, the third party manufacturing pharma companies in India must hold the following permits and licenses:

  • Company Registration
  • License for Drug Manufacturing
  • License to operate a Testing Laboratory
  • License for Drug Distribution
  • GST Registration
  • NOC for Pollution

Related Article: How to Become a Successful Third Party Pharma Manufacturer in Chandigarh

  • Machinery & Manufacturing Equipment

The next step involves the purchase and installation of machinery and equipment as per your business requirement. The equipment varies from drug type to type but some that find utility across multiple dosage forms include mixers, dryers, granulators, sifters, storage tanks, compressors, etc.

  • Hire the Experts

Let us not overlook the strongest link in the whole setup process which is hiring a team of experts. A minimum of 2 technical people is required to run a smooth and successful pharma manufacturing unit in India. The staff usually employed by a third party manufacturing company includes technical experts, quality assurance executives, manufacturing chemist, supervisors, production staff, and others.

Also Read: Factors behind the Success of Top PCD Pharma Companies in India

Once all the above parameters have been taken care of, you are good to go. For more information on the Third party manufacturing pharma companies in India, call +919888885364.