If you want to launch your own company with minimum investment and make your own brand in pharmaceuticals, nutraceuticals, cosmetics, veterinary or herbal products, then you are at the right place. KV Care , India's Number One Third Party Pharma Manufacturing Company, provides Pharma Contract Manufacturing services to other reputed pharmaceutical companies. We try to make the outsourcing activity easy, flexible and transparent for all of our pharmaceutical clients.
Third Party Pharma Manufacturing is redistributing pharmaceutical products or having products manufactured from others’ manufacturing unit with your own brand name on it. In other words, Third Party Pharma Manufacturing , also known as Contract Manufacturing , refers to making of products in your brand or company at others’ manufacturing unit.
Pharma Contract Manufacturing: Contract Manufacturing is the most opted for model in the third party manufacturing pharma supply chain. With the advent of technology and easy access to pharmaceutical information, more and more people are opting for the Pharma Contract Manufacturing model rather than opting for a franchise. Here is how the two differs:
There are many third party manufacturing pharma companies that do not make products by themselves, but they run their own pharmaceutical business. Developing a good working relationship between the marketing company and its third party manufacturer is essential in this case. We will explain the Third Party Pharma Manufacturing Process. This includes every detail from cost to taxation which is the main part of this process.
After that, have the proper conversation with the selected third party manufacturer about all products you need the manufacturer to manufacture in your pharmaceutical company’s name. Ask about costing and taxation rates. After finalization of all your queries, there are some of the phases of running the third party manufacturing pharma process.
We approximately take 35-40 days for manufacturing an entirely new product and 25-30 days for manufacturing the product which we have previously manufactured. Here are the detailed steps:
We need the following documents from our potential client seeking to manufacture their products from us:
If you want to start your third party pharma manufacturing business, KV Care Pvt Ltd can help you with a lower investment of Rs 15,000 to Rs 20,000 whereas other pharmaceutical manufacturing companies generally ask for Rs 50,000 to Rs 60,000 investment.
Many pharmaceutical companies choose to engage in third party manufacturing to ensure that their drugs are sold at a very reasonable rates in the market. Such companies utilize independent manufacturers and production facilities to produce their drugs.
Some third party manufacturing pharma companies specialize in small-quantity, small-molecule production; others may produce larger amounts. These companies process all the raw ingredients used in the manufacture of the finished product and ship the finished product to distributors. Third party manufacturing has several advantages that make it a popular choice for many biotechnology and pharmaceutical companies.
A pharmaceutical company must determine its overall product cost and the relative profitability of its manufacturing process before using third-party manufacturer production services. However, many pharmaceutical companies have found that the savings they get through third-party manufacturing far outweighs the cost involved in establishing and maintaining the plants themselves. In addition to this savings, companies are able to control expenses better than they would if they had to maintain their own facilities. Finally, there are tax incentives available to many pharmaceutical companies through sales and use tax authorities that help offset the costs of third party production.
There is no doubt that third party pharma manufacturing is profitable for both the manufacturer as well as the for the pharma companies, who outsource their pharmaceutical manufacturing order to third-party firms. However, to maintain long-term profitability in third-party businesses, owners should take care of the quality controls on manufacturing the pharmaceuticals. It boosts the trust of pharma companies in your manufacturing services. Moreover, along with quality control terms, the third-party manufacturers should comply with the international regulatory standards for manufacturing medicines. It will help the pharma companies to expand their pharmaceutical business to international nations. Along with this, third-party manufacturers should gain expertise not only in manufacturing but also in designing, packaging, and labeling services they provide to their business associates. By following these suggestions third party manufacturing pharma firms can manage their profitability in business.
KV Care is a WHO-GMP certified pharmaceutical manufacturing company which means our manufacturing facility strictly follows the Good Manufacturing Practices as laid down by the World Health Organization. We are also GLP certified third party pharma manufacturing company which means our testing laboratory follows the Good Laboratory Practices as laid down by the Indian Health authorities. Few of the advantages of Third Party Pharma Manufacturing are:
While manufacturing the pharmaceutical products at KV Care third party pharma manufacturing company, we ensure that we focus on the following:
Real experiences from pharmaceutical companies we've collaborated with
We have been partnering with KV Care Pharmaceutical for our third-party manufacturing needs, and we couldn’t be more pleased with the quality and efficiency they provide. Their team is highly professional and responsive, and the products are consistently delivered on time. KV Care’s commitment to quality and compliance has helped us build trust with our clients. We highly recommend their services
Director of Operations
As a growing healthcare brand, we were looking for a reliable and skilled third-party manufacturer. KV Care Pharmaceutical has been an invaluable partner. Their attention to detail, prompt communication, and high manufacturing standards have made a huge difference to our business. They understand the nuances of the industry and ensure that our products meet every regulatory requirement.
Founder
KV Care Pharmaceutical has consistently exceeded our expectations in the third-party manufacturing space. Their state-of-the-art facilities and expertise in producing high-quality pharmaceutical products have made them our go-to partner. They are flexible and responsive, adapting to our specific needs and timelines. It's a pleasure working with such a professional team.
Business Development Manager
We've been working with KV Care Pharmaceutical for over a year now, and the experience has been excellent. Their manufacturing capabilities and attention to detail have allowed us to expand our product offerings with complete confidence. The team at KV Care is always proactive in addressing any concerns, and the quality of the products has been top-notch. Highly recommended!
CEO