Difference between PCD Pharma and Franchise Pharma | Comparative Analysis
It is very common to have confusion between PCD Pharma and Franchise Pharma if you do not possess any education in Pharma. With the spurring growth of the pharma industry, there has been quite a lot of interest in starting a business in this industry. But before that, you should understand the different business models and choose the one which suits you. PCD means Propaganda cum Distribution, which further means selling and distribution of products through authorised rights. Let us understand the two types of models in PCD. Which is better, PCD Pharma or Franchise Pharma? In a PCD pharma company, products are sold and marketed by the distributors and medical representatives and the ownership remains with the company. In a Franchise Pharma, authorisation is granted to a company of individuals or individuals to complete the specified activities namely marketing. However, the ownership lies in the hands of the Franchise Pharma. Other differences are: · ...