Wholesale Drug License Required Documents

Wholesale Drug License Required Documents – Licenses and agreements are the base of every business in India especially when it comes to the pharma industry. The pharma industry is one of the most beneficial business segments wherein all the business activities, deals, and exchange is done based on License and legal paperwork. That is why having strong legal documentation is of utmost importance. This sector involves dealing with the products and medicines that will be ultimately purchased and consumed by the patients. Tus, if you are planning to invest in the pharma industry and you want to know about the Wholesale Drug License Required Documents, then do check out this blog till the end.

The main aim of the government and the regulatory authorities is to ensure that every Indian national has equal and fair access to healthcare medicines and drugs. But at the same time, they also need to ensure that the drugs or medicines sold in the market are 100% safe, and free from side effects and malpractices. All this has forced the authorities to give the right of manufacturing, supplying, and selling the medicines to the individuals who hold all the necessary licenses and accreditations. If you are a pharma aspirant or any interested businessman looking to enter the pharma sector, then it is crucial to know about the Wholesale Drug License Required Documents.

What is Drug Licence and Why it is Important

As we all know that the pharma industry involves medicines that will be consumed by humans. Thus, it is the responsibility of the authorities to make sure that the medicines are safe and can be consumed. The drug license acts as proof of the credibility of the businessmen. It is one of the crucial documents that hold high importance, especially in the pharma sector. This license will allow you to carry out your business in the pharma sector without any legal matters. The 1940s Drugs and Cosmetic Act covers all the batches of rules and laws that relate to medicines, cosmetics, and drugs.

This law states that if the drugs or medicines are stocked at a particular location or premises for sales, then the businessmen need to have a drug license. The Central Drug Standard Control Organization (CDSCO) and the State Drugs Standard Control Organization (SDSCO) are the two bodies that issue the drug license in India.

Required Documents to Obtain a Drug License

There are a few documents that you need to collect to obtain a drug license in India. Apart from this the Total area required for retail wholesale drug stores together needs to be a minimum of 15 sq meters and for a medical shop or chemist shop, it needs to be 10 sq meters. So, if you are planning to obtain a drug license in India, then do keep in mind the following documents:

1. Blueprint of the premises.
2. Applicant ID proof.
3. Proof of the ownership or Rent deed.
4. Challan of the deposited fee.
5. Site plan of the premises.
6. A purchase bill of the freezer containing the address as well.
7. A covering letter along with the applicating name, signature, and designation as well.
8. Electricity bill.
9. The receipt of the registration of the firm (if the firm is privately limited).
10. Affidavit with the details of the proprietor, pharmacist, partner, etc.

Different Types of Licenses Issued In the Pharma Business

After learning about the Wholesale Drug License Required Documents, its time to have a look at the different types of the licenses issued in the pharma business:

1. Wholesale Drug License.
2. Drug Manufacturing License.
3. Import of Cosmetics or Drugs.
4. Export of Medicines.
5. Retail Drug License.
6. Import of Medical Equipment.

Mandatory Requirements to Get Drug License

If you are someone who is looking to enter the pharma segment in India and you want to know about the Wholesale Drug License Required Documents, then read this section till the end. There are several conditions that you have to meet if you want to get a drug license in India. The mandatory requirements to get a drug license in India includes the following:

1. Area Requirements: The Total area required for a retail wholesale drug store together has to be a minimum of 15 square meters and in the case of the medical shop, wholesale outlet, chemist shop, or pharmacy, it needs to be around 10 Square meters.
2. Requirements related to storage: There are some drugs or medicines that need a certain temperature to maintain their life. Medicines like insulin, vaccines, critical care drugs, sera, etc. need immediate care and attention. Thus, you must have a refrigerator on your premises.
3. Workforce Requirements: If you are a wholesaler, then you have to carry out the sales of the drugs or medicines in the presence of a registered pharmacist or any person who is a graduate and holds the experience of 1 year in dealing with the medicines. On the other hand, if you are a retailer, you need to ensure that the sale should be made in the presence of a registered pharmacist.\