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
- 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.
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.