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PCD Franchise Model of Production

The PCD model in the pharmaceutical industry operates on a monopoly basis, with not more than one vendor in one particular district. The vendor’s have their own medical representatives visiting the doctors. Medicines can be of two types- Ethical Medicines and Generic Medicines, ethical medicines are usually life saving drugs these are regulated strictly by the government other in terms of quality standards and their prices, these cannot be sold at prices other than Government approved ones.

Ethical drugs are also produced as per predetermined quotas. On the other hand, generic drugs are bulk produced hence quality of these are not as high as ethical drugs, prices of these are not administered by Government but determined by the market forces usually these are cheaper than ethical drugs. Logo’s of these drugs may not be very uniform and usually these come in glossy packing to attract consumers.  Big private hospitals usually always use ethical drugs and qualified doctors writing the prescription on their letter pads only prescribe these.

However in India still there are ample doctors who don’t use letter pads for writing prescriptions they would write on blank sheets these would often carry prescriptions of generic drugs, quality of which is not always very high. Law exists against prescribing drugs of low quality; hence the certified doctors using proper letter pads would usually always prescribe ethical drugs so that they are free of any risk.  In our country people want can afford only cheap medicines here people themselves may ask the doctors or chemists to give the cheaper generic drugs than ethical drugs.

There are many companies which besides being involved in PCD (Propaganda cum Distribution) Franchise in India also do manufacturing for the big pharmaceutical companies this arrangement is known as third party production.

Third party production model has really taken off in the last decade this change is due to the Government policy of promoting business through tax rebates where third party producers have blossomed. This model usually lowers input cost as the supply chain is not as long and hence ensures economy for the end user.  So in the near future this market is expected to grow further. Big corporate have understood this and they themselves are into this market. Anybody interested in knowing more about third party and PCD producers can get in touch with the ‘Drug Today’ group. 

Some critics have raised questions regarding the quality standards of drugs produced through third party model. Propaganda cum Distribution is a model of distributorship where big pharmaceutical companies give distributorship rights. PCD products are manufactured by third parties which are quantity oriented and not quality oriented. The major reason being the evolution of high tech manufacturing units in the excise free zone, catering to the needs of the PCD companies.

This has led to blooming of PCD companies which were quite dormant during the period of 1992-2002.The question of ethics and quality is laid to rest as even the biggies are outsourcing many of their requirements from the same manufacturers.

http://www.drugtodayonline.com/

India Drugs and medicine news bulletin

As the population of India is growing constantly, the health sector is been effected badly. The lack of facility available in the hospital has leaded many patients untreated. And most of all is the cost of the treatment. As the generation is constantly changing, the need for medical service will increase too. The way people are enjoying their life unhygienic; eating street foods etc will be affecting the individual body slowly. Now what is the best way to keep oneself healthy and free from all these medical expenses? In my opinion the very best way is to keep yourself healthy with the food you eat and secondly keeping yourself updated with latest Drugs and medicine news as well as the medical and health news.

Drugs and medicine news are related to medicine that is available in the Indian market. Some companies trend to impose higher rates on the medicine that is available in the economical rates too. This difference comes when a company is trying to make higher profit. So for a consumer it is very important for him or her to known what is the price of the medicine that is available in the market. Buyer can very much take help from a book that is almost available in the chemist shop called “Drug Today” the journal has almost all details on drugs that is available in the market including the rates and the other brand of same salt or generic.

In fact in my opinion every house should have this book with them, so that none can cheat them. Drug  Today is No1 medicine formulation book and it is also known as Ready Reckoner For Current Medical Formualtion.

It is very important to be updated with all the latest Medical and health news. Drug Today Medical Times is the only newspaper which is dedicated to the health sector of India. The news that is published are very much reliable and factual, the common man should know all this fact as it is related to one’s health and lifestyle. It is a monthly newspaper and is easily available in the local newspaper stall. The newspaper has acted as a wake up coffee for many readers. The content of the paper is in the layman language which is why it is easily acceptable by the readers. The company has its own website where you can get yourself updated too.
http://www.drugtodayonline.com/