DRUGS AND COSMETICS INDUSTRY

What are Drugs and Cosmetics?

The Drugs and Cosmetics Act, 1940 is an Act of the Parliament of India which regulates the import, manufacture, and distribution of drugs in India. The primary objective of the act is to ensure that the drugs and cosmetics sold in India are safe, effective, and conform to state quality standards. The related Drugs and Cosmetics Rules, 1945 contains provisions for the classification of drugs under given schedules and there are guidelines for the storage, sale, display, and prescription of each schedule.

What Services do We Serve?

Detailed Project Report

Financial Feasibility and Market Studies.

Market Study

Determining the demand-supply gap and aids in choosing of area, size, speciality.

Financial Feasibility

Details the profit-loss statements, break-even point, revenue projections, and estimated capital and operational expenses.

Project Management

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Drugs & Cosmetics Facility Planning

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Architectural layout and planning

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Space planning

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Complete project management

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Equipment planning

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Furniture and accessories

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Biomedical Equipment Management

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Department/specialty wise, details of equipment

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The price range for various equipment's

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Dealing options

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Warranty guidelines for equipment negotiations

36(2)

Guidelines with respect to contracts for technology procurement

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Vendor selection and management

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Vendor contract management

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Furniture sourcing and planning

Commissioning of Drugs and Cosmetics Setups:

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Developing Mission and Vision Statement.

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Manpower planning and sourcing.

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Setting up Standard Operating Procedures and Policies and execution.

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Tariff rationalization.

Human Resource Assistance

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Identifying the manpower needs

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Address specific job profiles

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Training

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Benchmarking compensation and benefits and recommending employee retention strategies

Marketing Support

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Developing marketing strategies to increase revenues

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Executive of marketing strategies

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SWOT Analysis

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Defining your USP

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Website designing and online promotion, SEO, social networking