Role of Pharma Third Party Manufacturers in India’s Growing Pharma Franchise Market
Pharma third party manufacturers are one of the largest players that contribute to the rapid growth of the Indian pharmaceutical industry. Today, third party manufacturing pharma companies are the ones relied on by thousands of brands to manufacture high quality medicines without necessarily investing in expensive infrastructure. It is this model that has made the difference behind many successful pharma franchise business and PCD pharma franchise in India. Understanding Pharma Third Party Manufacturing Pharma third party manufacturers are those companies that produce pharmaceutical products on other brands' behalf. Rather than establishing production facilities, brands engage third party manufacturing pharma companies to make tablets, capsules, syrups, injections and ointments among others. This enables the companies to concentrate on branding, marketing and distribution but not production, which is left to the experts. In India, the pharma third party manufacturers adhere...