Drug & Cosmetics
In personal life, health happens to be one of the most crucial aspects. The medical sector offers a lucrative business avenue, which remains outside the influence of economic cycles. In India, pharmacy and healthcare business has undergone a massive growth. Multispeciality and corporate hospitals are also gaining popularity. Entrepreneurs looking forward to make an investment in the healthcare industry may find a great option in medical stores. Even when you have a low capital and space constraints, you can find a lucrative investment avenue here.
Owning a medical store involves a significant responsibility, regardless of its importance. A slight mistake on the part of the owner may prove disastrous for the buyers, Evidently, medical stores need to comply with a number of legal norms. You have to undergo several procedures, before you finally sell the medicines. If you are interested in running a business in cosmetics and drugs, you would require a drug license.
Different types of Drug License
Nobody is entitled to manufacture drugs for distribution or sale on behalf of other individuals or by himself or herself without a license, that the Drug Inspector issues.