6 easy steps for Third Party Manufacturing in Pharma (2024)

steps for third party manufacturing

steps for third party manufacturing in pharma

third party manufacturing

third party manufacturing in pharma

Third Party Manufacturing in Pharma is Easy

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.


1. MAKE LIST OF DESIRED PRODUCTS AND REQUEST FOR RATES

Pen down your desired products which you wish to be manufactured by a third-party manufacturer. Make a list of potential manufacturers, you can find their details through online research, referral, etc.
Send them an email or call them to request for their quotation which should include Product Cost, securities, the minimum quantity of delivery schedule, etc.

2. FINALIZE YOUR ORDER QUANTITY AND PRODUCT COMPOSITION

Now, finalize the order quantity of the selected product and write down your desired product composition.
Few things to keep in mind: Minimum order quantity can be 500 boxes
For Injections – 2000 Units
For syrup – 2500 Bottles

3. PLACING THE ORDER

After finalizing product composition and order quantities, you should place a purchase order to the selected third-party manufacturer. You should also request the manufacturer to confirm your products. After confirmation, the partial advance amount should be deposited to initiate the process.

4. FINALIZE ARTWORK

While finalizing the Artwork, you should check points listed below:
– Your Brand Name on carton & foil
– Packing details, Composition, Manufacturing details
– Design & Color combination
– Marketed By company name, logo & address on carton & foil

6 easy steps for Third Party Manufacturing in Pharma (1)

5. SUBMISSION OF REQUIRED DOCUMENTS

– Company profile
– Director’s documents (Aadhar Card and Pan Card)
Drug Licenses
– Sales Tax/TIN Registration Certificates
– Manufacturing Agreement
– Certificate for Non-resemblance

6. PRODUCTS DELIVERY

After the productsare manufactured, you will receive a quotation from the manufacturer mentioning the details of the product and the remaining amount which has to be deposited. Yourmanufactured products will then be despatched through your preferred transporter after submission of documents & clearance of accounts.

Your Product is now ready for sale. Happy Selling!

Learnthe benefits of third party manufacturing in pharma

Similar Posts You Might Like

Reason for the growth of third party manufacturing companies in India

The third-party contract manufacturing includes the involvement of reputed and...

By Vibcare Pharma January 3, 2022

Things to Consider for Third Party Manufacturing PCD Companies

PCD third party manufacturing company can bring many benefits. The...

By Vibcare Pharma January 20, 2021

Benefits of Third Party Pharmaceutical Manufacturing

Benefits of Third Party Pharmaceutical Manufacturing What is contract manufacturing?...

By Vibcare Pharma August 18, 2018

Third party manufacturing

Third Party Manufacturing in the Pharma Industry Third Party Manufacturing...

By Vibcare Pharma July 27, 2018

6 easy steps for Third Party Manufacturing in Pharma (2024)

FAQs

What is third party manufacturing pharma? ›

Third party pharma manufacturing is a process in which a pharma marketing company outsources the manufacturing of its products to a pharmaceutical manufacturer referred to as third party manufacturer. The third party manufacturer packages the products according to the specifications provided by the marketing company.

What are the stages of production in pharmacy? ›

The procedure may include milling, granulation, coating, and tablet pressing. In continuous production, raw materials and energy are fed into the system at a constant pace, while output products are extracted continuously. The consistency of the material flow rate is critical to the process's success.

What are the four major steps in the commercial scale manufacturing of pharmaceutical products? ›

4 Steps to Complete Drug Manufacturing
  • Drug Blending. For drug blending, we begin with an already developed formulation. ...
  • Drug Coating. Our commercial coating equipment is versatile, powerful, and capable of high volume throughput. ...
  • Pharmaceutical Serialization. ...
  • Pharmaceutical Shipping.
Sep 21, 2020

What are the 6 main manufacturing processes? ›

Six types of manufacturing processes
  • Job shop manufacturing. ...
  • Repetitive manufacturing. ...
  • Discrete manufacturing. ...
  • Batch process manufacturing. ...
  • Continuous process manufacturing. ...
  • 3D printing.
Mar 10, 2023

What is difference between contract manufacturing and third party manufacturing? ›

In third party manufacturing, there is no deadline for delivery of goods, whereas in contract manufacturing, the company must deliver its product within a certain time.

What is the difference between third party manufacturing and PCD? ›

Ownership and Control: In third-party manufacturing, the manufacturer owns the product and has complete control over the manufacturing process. On the other hand, in a PCD pharma franchise, the franchisee owns the rights to sell the products but has limited control over the manufacturing process.

What is the third party quality control process? ›

3rd party inspections provide an independent and objective assessment of a company's operations, products, or services. These inspections are conducted by external agencies that evaluate and verify compliance with industry standards, regulations, and best practices.

What are the 5 steps of production? ›

When it comes to film production, you've got 5 key phases: development, pre-production, production, post-production and distribution. Each stage is centered around a different purpose, with each one leading nicely onto the next. Many films fall at the development and pre-production stages.

What are the steps in production stage? ›

Steps of the Production Process
  • Production Planning. Before you can go into production, you'll need to do some planning. ...
  • Production Routing. ...
  • Production Scheduling. ...
  • Production Dispatching. ...
  • Production Control. ...
  • Mass Production. ...
  • Craft Production. ...
  • Batch Production.
Aug 22, 2023

What are the phases of the production process? ›

Each stage has purpose and goals, and it is important that in each phase the goals are met before proceeding to the next. The 5 stages are development, pre-production, production, post-production, and distribution.

What are the six systems of pharmaceutical industry? ›

Six-System Inspection Model:

A model that can help pharmaceutical manufacturers comply with CGMP regulations. The six systems referred to in this inspection model are: quality, production, facilities and equipment, laboratory controls, materials, and packaging and labeling.

What is lifecycle management in pharma? ›

Pharmaceutical Product Lifecycle Management is the process of managing the entire lifecycle of a product from its conception, through design and manufacture, to service and disposal. Lifecycle Management forms the product information backbone for a company and its extended enterprise.

What is the life cycle planning in pharma? ›

Life cycle management pharma is a well-established tool – and ever since the pandemic stirred up the healthcare industry, it's become more of a focal point. Every product experiences a lifecycle. That lifecycle consists of the discovery, research, design, manufacture, service and finally the disposal of a product.

What are the 5 steps of manufacturing? ›

5 Steps: How to Manufacture a Product
  • Step 1: Research Research….and do more Research. Before you begin looking for manufacturers, do your research on your product. ...
  • Step 2: Designing your part. ...
  • Step 3: Outsourcing. ...
  • Step 4: Design input. ...
  • Step 5: Manufacturing your product.
Feb 21, 2014

What are the 5 processes of manufacturing? ›

The five types of manufacturing processes
  • Repetitive manufacturing.
  • Discrete manufacturing.
  • Job shop manufacturing.
  • Process manufacturing (continuous)
  • Process manufacturing (batch)

What are the basic steps in manufacturing? ›

Steps of the Manufacturing Process
  • Develop the Product Vision. The product vision is the seed the finished goods will grow from. ...
  • Research the Vision. ...
  • Design the Product. ...
  • Finalize the Design. ...
  • Make a Prototype. ...
  • Manufacture the Product. ...
  • Get Feedback and Do More Testing. ...
  • Official Release.
May 11, 2022

Top Articles
Latest Posts
Article information

Author: Kareem Mueller DO

Last Updated:

Views: 5527

Rating: 4.6 / 5 (46 voted)

Reviews: 93% of readers found this page helpful

Author information

Name: Kareem Mueller DO

Birthday: 1997-01-04

Address: Apt. 156 12935 Runolfsdottir Mission, Greenfort, MN 74384-6749

Phone: +16704982844747

Job: Corporate Administration Planner

Hobby: Mountain biking, Jewelry making, Stone skipping, Lacemaking, Knife making, Scrapbooking, Letterboxing

Introduction: My name is Kareem Mueller DO, I am a vivacious, super, thoughtful, excited, handsome, beautiful, combative person who loves writing and wants to share my knowledge and understanding with you.