what is third party manufacturing process?
Third party manufacturing is not as complicated as people think. here we are explaining the simple steps of third party manufacturing
- Required documents
- Select composition for third party manufacturing
- Choose the brand name for the selected composition for third party manufacturing
- Minimum quantity
- Mrp of your selected brands
- Select WHO-GMP third party manufacturing plant
- Prepare a design for packing of products selected for third party manufacturing
- Printing of packing material
- Batch process
- Payment and delivery
1. Documents Required
To start the process of pharma third party manufacturing, first of all, you have to prepare some mandatory documents and processes.
In first you have to get a wholesale drug license yourself or you have to appoint a stockist who has a drug license to do the billing.
next, you have to choose the name of the marketing company under which you will make the product for marketing in the third party a marketed by office address. In such a way, it is not compulsory to register the name of the marketing company, but in the future, no one can claim that name, so most people register their marketing company name.
Also keep preparing a logo on your marketed by the company to print on packing material of your products. when you associate with impileo lifescience for third party manufacturing we provide you all services like brand registration, logo design & website design etc.
2. Select Compositions
First of all you have to select the Molecule that you want to manufacture. The selection of molecules for third party manufacturing from Impileo Lifescience or other depends on various factors. like Your Past experience of marketing, Geographical situation, Money budget, medical infrastructure & any specialist hospital in the nearby area.
3. Select Brand Name
after selecting a composition that you have to manufacture in third party manufactured now you to Now you have to keep their brand names. The main precaution while keeping a brand name is to keep your brand name in a way that no one is using before. Try to keep the brand name easy to speak and composition-related. again Brand name registration is not mandatory. But if you register it is safe because after the registration, no one else will be able to use it once your brand becomes famous.
4. How much Quantity do I have to manufacture in third party manufacturing?
What is the minimum quantity that can be produced in third party manufacturing is depend on various factors. mainly its depends on the cost of molecules and terms of manufacturing plant that you have select for third party manufacturing of your composition.
cost wise example :-
if any composition is less costly for third party manufacturing Then you have to give more quantity to produce in third party manufacturing, as compared to expensive composition. like Aceclofenac with Paracetamol tablets have a low-cost comparison to Amoxicillin with Potassium Clavulanate tablets and Amoxicillin and Potassium Clavulanate is less costly compared to Voriconazole tablet. in this case, any third party manufacturer will produce more quantity of Aceclofenac with Paracetamol compared to Amoxicillin and Potassium Clavulanate and will manufacture less quantity of Voriconazole Tablets compared to Amoxicillin and Potassium Clavulanate.
Third party manufacturer plant wise