Let’s understand first what does it mean by third party manufacturing in pharma. Third party or contract manufacturing is referred to the outsourcing of pharmaceutical products or to get products manufactured from others manufacturing units with your own brand names. In the current time, it is a very popular strategy among all the marketing companies. Even, pharma companies having their own manufacturing plants are gotten manufactured their pharma products from other manufacturers. Multinational companies are also preferring this concept to manufacture their products. It comes with lots of benefits. Learn the benefits of third party pharmaceutical manufacturing if you’re not aware.
It is an easy way to start a pharma company in India. This strategy provides an easy solution for manufacturing pharma products of your own brands.
Here given below is the how we manufacturer and what 5 steps do we take for the third party manufacturing process at NineWest Remedies:
FINALIZE THE ORDER QUANTITY
It is a very important step for the third party pharma manufacturing. The whole procedure starts with the finalization of the Minimum Order Quantity.
1. When the Order quantity is fixed then we move to the selection of the salt names and compositions.
2. Tablets and Capsules usually take 300-1000 boxes to pack the 30000 – 1 Lakh tablets.
3. On the other hand for Syrups/Dry Syrups, 2000 to 5000 per product. Generally, it depends upon the authorization of salt manufacturing for provided compositions of the salts.
4. The ointment/cream quantity for third party manufacturing should be 5000.
QUOTATION PROCESS
For the quotation of the contract manufacturing process, we take salt names for the medication compositions and combinations.
1. After the finalized list of salts and product compositions, the company representatives will send you a quotation.
2. The quotation will comprise all the important information regarding the budget and pricing of the products produced and other activities such as packaging, product security, etc.
3. The quotation will also have your pending dues for the contract manufacturing process.
REQUIRED DOCUMENTS FOR MANUFACTURING
For the setup of the manufacturing unit, certain requirements need to be fulfilled. The state and central government have the authority to grant rights to the associates.
1. There are mainly two important documents that are primarily required i.e Drug License and GST Number.
2. During the manufacturing phase, make sure that you have NON RESEMBLANCE CERTIFICATE, PAN Card, Adhar card and cancel cheque of the company.
3. During the visit of inspection officials, they can check the hard copies of the documents.
PRODUCT PACKING AND DESIGN MATERIAL
The product packaging and design material play a vital role in product sustainability. After the completion of the documentation process, the designing and packaging process of the products takes place.
1. Once the selection of the product design is done, the selected design send for the final packaging printing.
2. The printing of the final packaging laid down on a large scale for completing the whole stock packaging.
DOORSTEP DELIVERY OF PRODUCTS WITH SAFETY
Our company provides 100% quality-oriented products to its clients with strict quality screening under various parameters. The diligent team of laboratories experts supervised different aspects of the product. If the customer has transportation availability then they can take away the manufactured stock. Otherwise, we provide transportation services in different locations.
1. All the stock is delivered within 3-7 working days depending upon the location.
2. Before forwarding the order, each product is thoroughly checked by our team.
3. We have a good logistic service which presents safe and quick delivery services.
