FAQs (Friendly Asked Questions)

Q1. WHAT IS PHARMA FRANCHISE?

Pharma Franchise is a franchise business. When a company gives permission to a person or other company to sell its products by their name. It is called franchising a business. A franchise is an agreement between the franchisee and the franchiser. The franchisee is the entrepreneur that is going to buy the franchise from the larger company also known as the franchiser.

Q2. WHAT IS PCD PHARMA AND WHAT IS ITS FULL FORM?

Same as Pharma Franchise, Pharma PCD (Propaganda cum Distribution) refers to authorization of distribution and marketing rights on monopoly basis provided by a pharmaceutical firm to a pharma distributor to use their company name or brand name on behalf of the company. PCD Full Form – Propaganda cum Distribution

Q3. IS PCD PHARMA DIFFERENT FROM PHARMA FRANCHISE?

No, both PCD and Pharma Franchise are the same thing.

Q4. WHAT is SOLASTA HEALTHCARE LP PROGRAM?

Solasta Healthcare LP program is an Innovative ,unique ,new age and technology enabled program similar to a Pharma Franchise or PCD but inventory management, sales revenue generation, demand creation and various other parameters are taken care by our expert and tech savvy team.

Q5. HOW MUCH ROI I CAN GET FROM LP PROGRAM

LP – ROI expected 70-100% yearly on your investment.

Q6. WHAT IS A DRUG LICENSE? WHAT TYPES OF DRUG LICENSE ARE IMPORTANT FOR US AT SOLASTA HEALTHCARE?

To start the Pharma business, a drug license (DL) is required. The central drugs standard control organization and state drugs standard control organization issue the drug license in India. Normally, the drug control organization issues two types DL, one is retail drug license which is issued to a person who runs a chemist shop and another one is a wholesale drug license which is issued to a person who wants to sell drugs on a wholesale level. In some states, retail drug license is issued only to a person who possesses the degree or diploma in Pharma from a recognized university. At MB30 lifescience, we do the billing on both Retail DL and wholesale DL.

Q7. WHAT IS THIRD-PARTY MANUFACTURING?

Third party or contract manufacturing is referred to the outsourcing of pharmaceutical products or to get products manufactured from other manufacturing units with your own brand names.

Q8. HOW MANY PRODUCTS DO WE HAVE AT OUR DOMESTIC BRANCH?

We have 650+ products in our portfolio.

Q9. LIST ALL PROMOTIONAL MATERIALS PROVIDED

Solasta Healthcare provides all the usual promotional materials but along with that there is an exclusive and unparalleled proposition . To know the complete details please connect with our team. The usual materials are: Shirts with Solasta Healthcare Logo MR Bags with Solasta Healthcare Logo Water bottles Product Brochures / Visual Aid’s Order books Table calendars Prescription pads Leave behind leaflets Diaries Visiting cards Pens, Key chains , paper weights and lots more

Q10. WHAT IS MONOPOLY RIGHT ?

Monopoly Rights means being the only supplier of a particular commodity in a particular area. In a monopoly, a single person or entity controls the market. A Pharma Franchise monopoly agreement means one person or company at one location as per the agreement. If you are looking for monopoly rights then look for vacancy in that particular location.

Q11. WHAT IS THE DIFFERENCE BETWEEN ETHICAL, PCD AND GENERIC MEDICINES?

Generic medicines are the same as compare to ethical medicines in all aspects i.e. strength, dosage, efficacy, results, uses, etc. just that they are cheaper in price as compared to branded or ethical products. Same is the case with PCD franchise medicines; the same medicine is used as in case of generic and ethical. The only difference is the channel of distribution. We cannot say which medicine is better, the medicine is the same, the manufacturing process is the same and the origin of raw material is the same. The difference is created by the marketing team. At MB30 lifescience, we do the billing on both Retail DL and wholesale DL.