Top 10 Ethical Pharma Franchise Companies in India
Top 10 Ethical Pharma Franchise Companies in India – A Pharma Franchise is an exceptional opportunity for someone who wants to begin a business in the dynamic field of pharmaceutics. This business model offers many benefits with assured profits and ROIs to their associates. Special emphasis should be given to selecting a well-established pharma company that gives a head start in the business while winning the trust of potential customers. Following this blog, we have archived a list regarding the Top 10 Ethical Pharma Franchise Companies in India. So, let’s begin.
As the need for high-quality and effective medication increases, the global pharmaceutical sector is flourishing at a rapid rate. India is the prime leader in distributing medicines and vaccines across the globe and is responsible for driving the 60% growth in demand. According to some recent studies, the Indian pharma sector is anticipated to cross a value of US$ 130 Billion by the year 2030.
This demand has influenced many business seekers to begin their own pharmaceutical businesses to earn high future profits. This business model allows an individual to work with a big pharmaceutical company to sell their products under your brand name as a distributor in a specific region.
Top 10 Ethical Pharma Franchise Companies in India
The listed Top 10 Ethical Pharma Franchise Companies in India are involved in the mass distribution of a company’s product while Adhering to ethical standards and practices.
1. Bal Pharma Limited –
Bal Pharma is a leading name among the Top 10 Ethical Pharma Franchise Companies in India. With an experience of 25 years, this company has specialized in offering Prescription Drugs, Generic & OTC Products, Intravenous Infusion, and Bulk Actives.
| Google Review | 63 Reviews |
| Google rating | 4.6/5 Stars |
| Year of Establishment | 1987 |
| Headquarters | Karnataka |
| Legal status of the Firm | Private Limited Company |
| Number of Employees | 100+ |
| Managing Director | Shailesh Dheerajmal Siroya |
Salient features –
- Known to offer a range of Safe, Effective, High Quality, and Affordable medications.
- All of their products are manufactured in world-class manufacturing facilities.
- Their product is made from the finest quality APIs which are exported from Europe, Latin America, Africa, and the Middle East.
Address – Laxmi Narayana Complex, Vasanth Nagar, Palace Rd, Bengaluru, Pin Code:- 560052
2. Ajanta Pharma –
Ajanta is a specialty medication provider that has also established itself as one of the Top 10 Ethical Pharma Franchise Companies in India. They offer their services to over 30+ countries all over the world that manufacture a quality medication range by leveraging the power of research and innovation.
| Google Review | 77 Reviews |
| Google rating | 3.8/5 Stars |
| Year of Establishment | 1973 |
| Headquarters | Maharashtra |
| Legal status of the Firm | Public Company |
| Number of Employees | 1000 to 5000+ |
| Managing Director | Yogesh Agrawal |
Salient features –
- They are known to establish key strategic alliances and long-term associations with many pharma franchise partners.
- A robust team of 800+ scientists who embrace technology to find appropriate solutions to prevailing health conditions.
- To make sure that the right product reaches their customers they operate under strict quality standards.
Address – Ajanta House, Charkop, Kandivali, Mumbai, Maharashtra, Pin Code:- 400067
3. The Madras Pharmaceuticals –
Madras Pharmaceuticals is the most respected and trusted company that offers ethical pharma franchise opportunities to many seekers. They are profile ent in handling a product range of 1000+ products covering different therapeutic areas.
| Google Review | 16 Reviews |
| Google rating | 4/5 Stars |
| Year of Establishment | 1979 |
| Headquarters | Tamil Nadu |
| Legal status of the Firm | Private Company |
| Number of Employees | 1000+ |
| Managing Director | A.M Sulaiman |
Salient features –
- They are known to use the latest technologies and innovations to yield a highly efficient and qualitative product range.
- This company is known for representing accountability, honesty, sustainability, ethics, and respect in our every process.
- Offers a quality range of formulations including Injectables, Soft Gelatin Capsules, Suppositories, Tablets, Capsules, Semi-solids, and Liquid orals.
Address – 15, Gopalakrishnan Road, T. Nagar, Chennai, Tamil Nadu, Pin Code:- 600017
4. Elkos Healthcare –
Elkos Healthcare is a multi-faceted and technology-driven healthcare company that is offering exceptional Pharma franchise services by following complete transparency and ethical practices. Through their franchise services, they helped many individuals with the liberty of doing business in their territory.
| Google Review | 32 Reviews |
| Google rating | 4.4/5 Stars |
| Year of Establishment | 2010 |
| Headquarters | Haryana |
| Legal status of the Firm | Private Limited Company |
| Number of Employees | 50 to 100+ |
| Managing Director | Balinder Gupta |
Salient features –
- Manufacture a product portfolio of 1500+ covering different therapeutic areas like dermatology, antibiotics, ophthalmology, critical care, general, ayurvedic, and many more.
- This company is known to deliver a range of high-quality medications using hygienic ingredients.
- Follows good manufacturing practices during production practices while adhering to all international quality standards.
Address – 246, HSIIDC Industrial Estate, Alipur, Barwala, Panchkula, Pin Code:- 134118
5. Novus Life Sciences Pvt. Ltd. –
Novus Life Sciences is a prominent name among the Top 10 Ethical Pharma Franchise Companies in India for the Manufacturing, Marketing, and Exporting of pharmaceutical formulations. From procurement of the best raw materials to optimum manufacturing technology, they deliver optimum quality in each of their processes.
| Google Review | 29 Reviews |
| Google rating | 3.4/5 Stars |
| Year of Establishment | 2007 |
| Headquarters | Maharashtra |
| Legal status of the Firm | Private Company |
| Number of Employees | 50+ |
| Managing Director | Pramod Saraf |
Salient features –
- Offers a huge product portfolio covering different areas like cardio-vascular, Anti-Diabetic, Anti-Malarials, Anti-Tubercular, Neuropsychiatry, Antibiotics, and Nutritional Supplements.
- Consist of a dedicated regulatory affairs department, responsible for pharmaceutical export over different nations.
- Operate in highly modern and advanced manufacturing facilities to ensure the highest levels of process integrity and product quality.
Address – 17-A, Shreenath Industrial Estate, Mahakali Caves Road, Andheri (East), Mumbai, Pin Code:- 400093
6. Soigner Pharma Pvt Ltd –
Soigner Pharma is a well-known name in the medical fraternity through its beneficial ethical pharma franchise benefits and perks to the associated individuals. All of their practices and operations are dedicated to the highest ethical standards.
| Google Review | 51 Reviews |
| Google rating | 4,9/5 Stars |
| Year of Establishment | 2007 |
| Headquarters | Punjab |
| Legal status of the Firm | Private Limited Company |
| Number of Employees | 200+ |
| Managing Director | Umesh Kalra |
Salient features –
- Their manufactured formulation is used to treat various conditions related to Analgesics, Calcium Supplements, Neuropathy, Colds, Cough, Antacids, Enzymes, Haematinics, Malarial, Dental Range, Cardiac Range, Antidote, Ayurvedic Range, etc.
- They are certified by ISO 9001:2008 while adhering to quality norms.
Address – 6, Wadhawa Nagar, Dhakoli, Zirakpur, Punjab, pin Code:- 140603
7. Biogem Healthcare –
Since its inception in 2012, Biogem Healthcare has been a highly effective assortment of pharmaceutical medicines making it one of the Top 10 Ethical Pharma Franchise Companies in India. This company is highly focused on following quality standards and norms at every production-related stage.
| Google Review | 57 Reviews |
| Google rating | 4.8/5 Stars |
| Year of Establishment | 2012 |
| Headquarters | Rajasthan |
| Legal status of the Firm | Individual Proprietor |
| Number of Employees | 100 to 200+ |
| Managing Director | Neeraj Kotawala |
Salient features –
- A highly quality-conscious manufacturing unit, that adheres to all international quality standards.
- Their infrastructure setup is equipped with highly modern machinery, tools, and technologies to produce highly effective products.
- They are known to offer an assortment of Tablets, Capsules, Tonics, Iron Supplements, Calcium Supplements, Protein Supplements, and many more
Address – 206, Ocean Tower, Chandpole, Jhotwara Road, Jaipur, Pin Code:- 302012
8. Medcure Pharma –
Medcure Pharma is a top-notch pharma franchise company that is dedicated to delivering a quality and safe range of essential pharmaceutical medication all over PAN India. Thesis ISO-certified companies are constantly starving to fulfill every need of their clients.
| Google Review | 179 Reviews |
| Google rating | 4.6/5 Stars |
| Year of Establishment | 2007 |
| Headquarters | Himachal Pradesh |
| Legal status of the Firm | Individual Proprietor |
| Number of Employees | 51 to 200+ |
| Managing Director | Megala Suresh |
Salient features –
- Offers a robust portfolio of capsules, tablets, ointments, creams, syrups, Ayurvedic, cosmetics, protein powder, etc
- They are certified by ISO and GMP making it a highly trusted and appreciated name.
- They use cutting-edge research and technology to manufacture the efficient range that yields the highest therapeutic benefits.
Address – 5-6, Near Hotel City Look, Sai Road Baddi, Solan, Himachal Pradesh, Pin Code:- 173205
9. Albia Biocare –
Albia Biocare is one of the most reputed and renowned names among the Top 10 Ethical Pharma Franchise Companies in India because of the perks and benefits offered by them. Having such a reputation they offer the best quality products to their customers at the most reasonable prices.
| Google Review | 32 Reviews |
| Google rating | 4.8/5 Stars |
| Year of Establishment | 2015 |
| Headquarters | Haryana |
| Legal status of the Firm | Partnership Firm |
| Number of Employees | 200 to 500+ |
| Managing Director | Pankaj Goyal |
Salient features –
- Their extremely talented and experienced professionals make sure that each of their products is of optimum quality and adheres to essential quality norms.
- Offers beneficial monopoly rights in geographical locations.
- This company is also known to offer free-of-cost promotional tools like promotional material such as visual aids, product brochures, leaflets, sample catch covers, order books, and prescription pads.
Address – 287, JLPL Industrial Area, Sector 82, Mohali, Punjab, Pin Code:- 160055
10. Swisschem Healthcare –
Swisschem Healthcare is redefining excellence and precision through its pharmaceutical product Range making it one of the Top 10 Ethical Pharma Franchise Companies in India. Through their marketing team with excellent product management skills, they are distributing their high-quality product word making them a global leader.
| Google Review | 12 Reviews |
| Google rating | 3.3/5 Stars |
| Year of Establishment | 2015 |
| Headquarters | Haryana |
| Legal status of the Firm | Proprietorship Firm |
| Number of Employees | 200+ |
| Managing Director | Veneet Jain |
Salient features –
- Their products are formulated in different sage forms including Tablets, Capsules, Dry Syrups, Liquid Syrups, Injections, Ointment & Protein powder.
- They offer 250+ products that are approved by DCGI.
- They are expert in quality, packaging, and delivery of products pan India helping them build trust among its associates as well as healthcare professionals.
Address – 295, Industrial Area Phase IInd, Panchkula, Haryana, Pin Code:- 134109
Conclusion
Pharma franchise is positively transforming the Indian pharmaceutical industry making it a global leader. The above-mentioned Top 10 Ethical Pharma Franchise Companies in India ensure ethical business with their associates by maintaining transparency, following relatives’ affairs, and adhering to ethical standards for the promotion of pharmaceutical products.
FAQs regarding the Top 10 Ethical Pharma Franchise Companies in India
Question 1. What is meant by an Ethical Pharma franchise company?
Answer 1. An ethical pharma franchise company mostly uses a Medical representative for promotional work and to build a network with contact doctors and healthcare providers directly to promote the medicines.
Question 2. Why ethical pharma franchise is highly preferred in the Pharma sector?
Answer 2. This business model is being opted for by many companies and business seekers due to the following reasons.
- Only high-quality prescription medicines are promoted.
- The profit margin is quite high compared to other business model.
- Help build trust and credibility among users that ultimately bring profits.
Question 3. How much cost expenditure is required to start an ethical pharma franchise business?
Answer 3. The average cost may vary between INR 40,000 to 50,000 or more depending upon the brand’s popularity, reputation, and territory’s exclusivity.
Question 4. What is the essential list of documents required for Ethical pharm franchise ownership in India?
Answer 4. To start an ethical pharma franchise in India and to earn its benefits and perks you need to acquire the following documents.
- Form no 20b, and 21b for legal selling of drugs.
- GST certificate
- Insurance certificate
- Ownership agreement
- Financial investment documents
