A Medicine Franchise Company or a Pharma Dealership Company can be defined as the right given to an individual or a group to sell its product under a particular brand name in a given geographic area. Pharmaceutical Franchise is a trendy way for entrepreneurs to start their businesses in the healthcare industry. The Indian pharma sector is a billion-dollar industry that has completely transformed the lives of thousands of investors. To know more about the Top Medicine Franchise Company List in 2024 along with the details of How to Apply for a Medicine Franchise Business, requirements, Investment Cost, and Profit Margin, kindly go through the complete article below.
Top Medicine Franchise Company List 2024
Let us tell you that “Pharma Franchise” Post Covid business growth has multiplied with High profits, and assured returns which is why investment in this sector will be a good one. Now let’s look at the Top 8 Pharma Medicine Franchise Companies which you can apply for;
1) Novalab Healthcare
Novalab Healthcare is one of the fastest Growing Companies in India with distributional channels across 40 plus cities. All the necessary accreditations back to the company. They hold ISO 9001:2015 certification along with GMP and WHO authorizations as well. High-Profit Growth and Handsome returns are some of the key factors to apply for this Franchise option.
- Franchise Investment Cost => Rs 4 to 5 lakhs
- Profit Margin => 25 to 30%
- Address: Plot No-208, Industrial Area Phase 1, Panchkula, Haryana – 134113
- Contact Details: https://www.novalife.in/pharmafranchise.html
2) Elkos Healthcare Pvt. Ltd.
Elkos is Providing Pharma Products Franchise within the affordable range. It is a WHO-GMP Certified Top Pharma Franchise company in India. The franchisees operate independently and are responsible for establishing a network of doctors, hospitals, pharmacies, and other Healthcare Professionals to Promote and distribute the Products. The wide range of high-quality products makes us India’s Best Pharma franchise company. Elkos Healthcare Annual Turnover Rs. 10 – 25 Crore.
- Franchise Investment Cost => Rs 1-2 lakh
- Other Expenses => INR 3 to 4 lakhs
- Expected rate of Return (ROI): 1 Year
- Official Website: https://www.elkosgroup.in/
3) Mankind Pharma
Founded in the year 1995 and ever since its establishment, Mankind Pharma makes sure that the best quality pharma products are served in the market. Presently they deal with over 100 supreme quality products. To apply for the Mankind Pharma Franchise you need to directly contact the head office. Details are provided below-
- Investment Cost => Rs 5 to 6 lakhs.
- Address: Mankind Pharma Limited, 208, Okhla Industrial Estate Phase 3 Rd, Okhla Phase III, Okhla Industrial Area, New Delhi, Delhi 110020
- Email ID: [email protected]
- Phone Number: (+91) 011-4654138
- Website Website: https://www.mankindpharma.com/
4) Zota Healthcare
Zota Healthcare provides a wide range of ayurvedic medicines, pharma medicines, tablets, capsules, and many other pharma products. The company follows all the rules of ISO, WHO, and GMP. Zota Healthcare, a beacon of pharmaceutical excellence, crafts innovative solutions for global well-being.
- Investment Cost => INR 2 to 4 lakhs
- Minimum Space Required => 300 to 400 square feet
- Profit Margin => 20 to 30 % Minimum
- Official Site: https://www.zotapharma.co.in/franchisee.html
- Contact Details: 08048619215
5) Life Genix
Lifegenix, a reputable name in the pharmaceutical industry, is a monopoly-based company that is engaged in manufacturing, exporting, and marketing high-end formulations all over Asia. The company has successfully rooted its place in one of the leading PCD Pharma Franchise Companies in India with its rich quality range of products.
- Contact Address: B-307, Elante offices, Industrial and Business Park Phase 1, Chandigarh – 160002 India
- Phone Number: (+91) 9318058855
- Email ID: http://[email protected]
- Official Website: https://www.lifegenix.in/
6) Alpha Drugs
Alpha Drugs was established in the year 2003 since then we have been engaged in Manufacturing, Exporting, and Supplying Pharmaceutical Products like Syrups, Medicines, Injections Etc. Apart from these Pharmaceutical Bulk Drugs other Allopathic Medicines includeTablet, Ace-SP, Advance-625, Ethixim-O, Othoflam Capsule, Anti-OD, Emlox-DC, Meco Power Plus, Ethisule, Injection, Emiaktion-500, E Panta, Ethitram, Syrup, RB Plus, Ezeekuf, Vitbitone and many others.
- Total Investment => Rs 3 to 4 lakhs
- Area Space Required => 300 square feet
- Email ID: [email protected]
- Phone Number: (+91) 79882-56670
- Offiical Website: https://www.alphadrug.in/
7) Vibcare Pharma
With Over 40 years of experience and Serving 5000 customers Vibcare Pharma today is providing providing top-quality, affordable healthcare solutions through our extensive range of pharma franchise, PCD franchise, and pharma PCD franchise opportunities. Established in Vibcare pharma has grown exponentially, partnering with numerous distributors and catering to a diverse clientele. Products include Auspin, Grace, Cure, Mind, Prima Optho, and a few others.
- Contact Details: 98898-8858
- Official Website: https://vibcare.co.in/
8) Sun Pharma
One of the oldest names in the pharma industry not only in India but even in the world was established in the year 1983 and based in Mumbai, it is one of the PCD pharma companies in India that has gained the fifth position in the list of largest specialty generic pharmaceutical companies in the world. It is also one of the top franchise companies in India to offer high-quality, affordable medicines trusted by everyone in the healthcare industry.
- Investment Cost = 5 to 6 lakhs
- Space Required – 500+ square feet
- Address: SUN HOUSE, CTS No. 201 B/1, Western Express Highway, Goregaon (E), Mumbai 400063
- Email ID: [email protected]
- Official Portal: https://sunpharma.com/
Documents Required to Apply for a Pharma Franchise In India
- Legal Drug License Number.
- PAN Number.
- Copy of the Rent Agreement.
- GST Number.
- Registration Copy of Limited Liability Partnership.
NOTE:- Opening a Medicine Franchise apart from being one of the Successful franchises is also a very Noble thing as Medicines are life-saving drugs. With some Prior knowledge about the Medicine business, you can very well start the Pharma franchise and make it a very profitable venture.
