Profit margin is one of the important things to consider when we start any type of business. So, it is also essential for knowing profit margin in ayurvedic products if we are going to start ayurvedic business. Here we will discuss about how much profit you can earn in ayurvedic industry if you are going to start different types of ayurvedic business like manufacturing, marketing, distribution or retail store. First have a look at how you can start different type of ayurvedic businesses in India? How to start ayush (ayurvedic, yoga/naturopathy, unani, siddha and homoeopathy) products distribution business? How to start ayurvedic store? How to start selling herbal products online? How to start ayush manufacturing business? How to start ayush marketing business? Ayush Franchise Business Now come to the point about profit margin at different types of ayurvedic or ayush products. Profit margin is not fixed for all companies or all ayurvedic products. Profit margin varies company to c
An Ayurvedic, Siddha and Unani madicine should follow rules and regulation for manufacturing and packaging. In this article, we will discuss, what type of matter should be printed at these medicines packaging?
There are two types of Ayurvedic, Siddha and Unani Medicines:
1. Classical Medicines
2. Patent or proprietary medicines
Labelling requirements are same for both types of medicines expect classical medicines are sold with same name as mentioned in authoritative books whereas patent or proprietary medicines are sold with a particular brand name.
Labelling Requirements for Indian Market:
Every ayurvedic, siddha and unani medicine should be either printed or written in indelible inked lable or container having recommended information on it. There should be conspicuously displayed on the container or package of medicines, a true list of all ingredients with their botanical names and form of ingredients used with quantity of each ingredient. In case of classical medicines reference to the method Authoritative book should also be mentioned.
If list of ingredients are large and can’t be written at label then list of ingredients should be printed separately and enclosed with packing and reference should be mentioned at label.
If a medicine meant to be internal use contains any ingredient that is specified in Schedule E(1), be labelled with word “Caution: To be taken under medical supervision” both in English and Hindi language.
Other Requirements:
Other than mentioned above a medicine’s label/container should have following particular either printed or written in indelible ink:
Labelling Requirements for Export:
Labelling requirement for export purpose should be adopted to meet requirement of country in which drug is to be exported but following particulars should be mentioned along with requirement of importing country.
Read Related:
There are two types of Ayurvedic, Siddha and Unani Medicines:
1. Classical Medicines
2. Patent or proprietary medicines
Labelling requirements are same for both types of medicines expect classical medicines are sold with same name as mentioned in authoritative books whereas patent or proprietary medicines are sold with a particular brand name.
Labelling Requirements for Indian Market:
Every ayurvedic, siddha and unani medicine should be either printed or written in indelible inked lable or container having recommended information on it. There should be conspicuously displayed on the container or package of medicines, a true list of all ingredients with their botanical names and form of ingredients used with quantity of each ingredient. In case of classical medicines reference to the method Authoritative book should also be mentioned.
If list of ingredients are large and can’t be written at label then list of ingredients should be printed separately and enclosed with packing and reference should be mentioned at label.
If a medicine meant to be internal use contains any ingredient that is specified in Schedule E(1), be labelled with word “Caution: To be taken under medical supervision” both in English and Hindi language.
Other Requirements:
Other than mentioned above a medicine’s label/container should have following particular either printed or written in indelible ink:
- Name of the drug i.e. same name as mentioned in authoritative books for classical medicines and brand name for patent or proprietary medicines
- Net Content i.e. accurate weight, volume or numbers etc
- Name and Address of manufacturer
- Manufacturing License Number in form of either Manufacturing License Number or Mfg. Lic. No. Or M.L.
- Batch Number or Batch or Lot Number or Lot No. Or Lot
- Date of Manufacturing and Date of Expiry
- The Words ‘Ayurvedic Medicine’ or ‘Siddha Medicine’ or ‘Unani Medicine‘
- ‘FOR EXTERNAL USE ONLY’ If medicine is meant for external application
- The words “Physicians sample. Not to be sold” if it is distributed as free samples to medical professionals
Labelling Requirements for Export:
Labelling requirement for export purpose should be adopted to meet requirement of country in which drug is to be exported but following particulars should be mentioned along with requirement of importing country.
- Name of the Ayurvedic, Siddha and Unani drug (Single or compound formulations;
- The name, address of the manufacturer and the number of licence under which the drug has been manufactured;
- Batch or lot number;
- Date of manufacture, along with the date for ―Best for use before
- Main ingredients, if required by the importing country;
- For export
Read Related:
- How to start Ayurvedic Manufacturing Unit/Company? (Also Covered Unani and Siddha Systems of Medicines)
- How to Start Ayurvedic Wholesale and Distribution Business?
- How to calculate Maximum Retail Price (MRP) including PTR/PTS of an Ayurvedic Medicine Company’s Products?
- Area Required for Starting Ayurvedic Manufacturing Company
- Machinery required for Starting Ayurvedic Manufacturing Company
- Ayurvedic Franchise Company List (Classical, patent and proprietary)
Comments
Post a comment