PCD pharma franchise: How is a company different from franchise?

Medicines have become a constant need of every person in this era. People are very much dependent on medicines and have almost developed an addiction of it. Almost every home have a patient who is taking medicines.

So pharmaceutical companies have become a big business opportunity. But selling medicines all over the world single-handedly is nearly impossible. So the companies have developed new ways to increase their sales and distribute their product nationwide. Most popular are opening a pharmacy franchise or a PCD based pharma company.

PCD stands for ‘propaganda-cum-distribution’. In the Pharma industry, a PCD co. tries to expand its business by giving its products to its franchise partners for distribution along with the distribution rights and its brand name. The franchise co. distributes the products in their areas.

DIFFERENCE BETWEEN PCD PHARMA COMPANY AND A PHARMA FRANCHISE:

There is a difference between pharma franchise and PCD pharma company.

PCD pharma franchise is a small-scale industry. There is no specific target and one need a small place which means that it will not need a bulky investment. Whereas pharma franchise is a large-scale business. There are specific targets with a wide area of operation and a big unit which requires a heavy investment.

BENEFITS OF PCD PHARMA COMPANY:

The PCD based pharma company is a rapidly growing business. The reason for its growth is that Pharma industries are one of those companies that are in constant demand.