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The blog includes everything you wanted to know about Pharmacy Registration in India and the Online Pharmacy Law in India.
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Online Pharmacy Registration A Complete Guide to Online Pharmacy Registration in India www.taxolawgy.com
Introduction to the Indian Pharmaceutical Industry The pharmaceutical industry in India is slated to increase its value in the near future. From US$ 33 billion in 2017, it is expected to go up to US$ 55 billion by 2020. The domestic pharma industry 116,389 crore in 2017 to Rs 129,015 crore in 2018. That is a result of the rapidly rising product exports of India. grew from Rs pharmaceutical www.taxolawgy.com
Types of Pharmacy Firstly, you will need to decide on the type of pharmacy you want to open. Is it a standalone pharmacy, a chain pharmacy, a hospital pharmacy, an online pharmacy or a township pharmacy. If you intend to open a standalone pharmacy, you can proceed with obtaining an LLP pharmacy registration in India. Else you can even register your business as a private limited company. www.taxolawgy.com
Eligibility for Pharmacy Registration in India However, you need to be aware that in most states, a person needs to possess a university-recognized diploma or a degree in pharmacy. It will be helpful to obtain pharmacy registration in India such as Retail Drug License (RDL) from the State Drugs Standard Control Organization. The list of recognized and approved colleges is accessible through the Pharmacy Council of India website. 6 www.taxolawgy.com
Prerequisites for Obtaining a Drug License Along with qualifications, obtaining a drug license requires at least a shop area of 10 square meters. Space air conditioners and refrigerators will also be required to store drugs in the Chemist Shop. 7 www.taxolawgy.com
Prerequisites for Obtaining a Drug License If you are applying for a Wholesale Drug License (WDL), you will not need to possess any degree or diploma in pharmacy. But you will have to ensure that the sale of drugs will take place under the supervision of a registered pharmacist. A degree-holder with at least one year of experience in dealing with drugs can also conduct the same. In both retail pharmacy stores and wholesale pharmacy stores, drugs can only be sold by pharmacists who have been approved by the state’s Department of Drug Control. 8 www.taxolawgy.com
Documentation & Forms Required • The include Form 19 (for Retail Licence), Form Wholesale Licence), Form 19B (for Homeopathic Form 20C (for Wholesale Homeopathic Form 19C (for Retail and Wholesale Schedule X Form 19A Restricted license). application forms • One forms from the Central Drugs Standard Control Organization website. Even individual State Drugs Standard Organizations same. • Submit the mandatory forms with required documents to ensure the functioning registration in India. can download these 21 (for • Aside from fulfilling these requirements, you will need to deposit a number of documents obtain a Retail Drug Licence or a Wholesale Licence. Retail license), Control in order to provide the License), Drug license Drugs), (for of and Retail smooth pharmacy of 9 www.taxolawgy.com
Online Pharmacy in India The procedure for opening an online pharmacy in India is quite similar to opening a pharmacy in India. However, there are rules that have to be followed in both cases while they put more stress on online pharmacy law in India : • • • • • No Sale without prescription No Sale of Schedule X drugs Final Packing in a tamper-proof cover under the personal supervision of registered Pharmacist of the pharmacy Valid Bill for Every sale Facilitate Medicine Recall in the case directed by the Government The IIPA is collaborating with the Central Government to update regulations by linking the Aadhaar Number with prescriptions to strengthen the online pharmacy law in India. 10 www.taxolawgy.com
We are sure this information would be helpful for you. You can simply follow the above steps to obtain pharmacy registration in India and to start your chemist shop. www.taxolawgy.com
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