
Michael Sassano
Founder, Chairman & CEO Somai Pharmaceuticals -Investor, Cannabis, GMP, Pharmaceutical &Herbal Medicine https://www.linkedin.com/in/michaelsassano3/
Antonio Guedelha
Selling to Pharmacies
Pharmacies carry multiple different forms of pharmaceutical products. Branded products are labeled with the brand name of a medication, while generic products are labeled according to the APIs. Prescription products must be prescribed by a doctor or medical provider, while over-the-counter (OTC) products do not require a prescription. Although these products cannot be marketed to the general public, your sales staff must still reach the doctors who prescribe these medicines and the pharmacists who deliver them. Doctors must be convinced of the efficacy of your branded products, and pharmacists need to be educated about your generic products. The documentation required in the pharmaceutical industry is extensive. All documentation provided to doctors, pharmacists, and consumers must comply with the applicable laws and agencies. Regulatory affairs officers or a qualified Contract Research Organization (CRO) typically analyze and prepare these documents.Branded Products
Branded products sold to pharmacies are highly regulated and require a significant investment. Prescription drugs are controlled by regulative organizations such as the Food and Drug Administration (FDA) in the United States and the European Medicines Agency (EMA) in Europe. Depending on the drug, branded pharmaceutical products can be sold without a doctor’s prescription.Generic Products
Generic products are recommended based on their active pharmaceutical ingredient (API). Pharmacies have some discretion when presenting generic products to patients, especially if the doctor has not indicated a preference.OTC
Country authorities also control OTC drugs as pharmaceutical drugs. These agencies also regulate the marketing and media allowed for OTC. The general rule is that advertising claims must be truthful, not misleading or unfair.Selling to Other Businesses
There are also rules and regulations to follow when selling to another company. Good manufacturing practice (GMP) standards impose proper protocol for both buyer and seller. The most critical areas to watch are media information, client marketing pieces, new product procedure for clients, and customer relationship management (CRM) compliance.Marketing and Customer Management
You can advertise your services through regular media channels such as newsletters, flyers, and emails that comply with privacy protection and other requirements. You can also promote your services and products at exhibitions. Your salespeople should regularly visit clients and provide marketing services as well.Contract Manufacturing
Before you sign an agreement with a new contract manufacturing client, you must ensure the product can be manufactured in your installation. This should be part of your GMP system’s standard operating procedures (SOPs). There are several components of this compliance:- You must ensure the origin of the API and that your regulators approve the supplier
- Check that your facility has the authorization to manufacture that product
- Verify that your client has the necessary licenses to sell the product
- Confirm your client has given you the complete dossier of the approved product