Pharma Export (Ayurvedic & Neutraceutical Products)

Query:

We've been following your youtube videos since a long time and I must say they're really helpful in creating awareness about the pharma industry.
We have been manufacturing/selling products since 1999 on third party manufacturing basis.
We wish to enter the export sector targeting countries with good scope for our select Ayurvedic & Neutraceutical products.
It would be great if you could guide me over these few questions:
1) Does Ayurvedic export follow the same guidelines as allopathic drugs?
2) What Licenses are required for exporting ayurvedic products to other countries?
3) Does USFDA has any prohibition for import of ayurvedic drugs?
4) Finding business through alibaba/Indiamart would be beneficial or should we keep direct approach and find probable buyers. Buying gold membership on alibaba is an expensive affair so what could be a proper way to start off (sharing marketing brochures, samples etc)
5) Should we hire an agent for all code requirements for Export? would that be an expensive affair too?

Response:

1) Does Ayurvedic export follow the same guidelines as allopathic drugs?

Ayurvedic medicines have almost same regulatory guidelines as of allopathic medicines like COPP, Free Sales certificate, Stability data of ayurvedic medicines is required.
2) What Licenses are required for exporting ayurvedic products to other countries?


3) Does USFDA have any prohibition for import of Ayurvedic drugs?

There is no specific prohibition for import of Ayurvedic drugs. If you follow USFDA processes of registration and other regulatory procedure for ayurvedic drugs then you will not face any prohibition related matter.

4) Finding business through alibaba/Indiamart would be beneficial or should we keep direct approach and find probable buyers. Buying gold membership on alibaba is an expensive affair so what could be a proper way to start off (sharing marketing brochures, samples etc)

For finding export client, you have to follow similar marketing types as companies use to find franchise and distributors here in India. Few tools for finding queries are:
  • Website Creation and Promotion in specific country, you want to export
  • Search Engine Optimization for specific keywords in country, you want to export
  • Google Ads and Social Media Advertisement
  • Content marketing i.e. Blog, Vlog
  • Trade Shows, Trade Fairs
  • Business to business portals i.e. Alibaba/Indiamart etc
  • Offline advertisement etc

Read complete detail: How to find export client for your Company? Free and Paid Method!

5) Should we hire an agent for all code requirements for Export? Would that be an expensive affair too?

If you don’t have knowledge and experience about exporting process and requirements then hiring a agent will be better. It would be expensive affair but if can’t fulfil requirement by yourself then it would be better to hire an agent.

Hope above information is helpful to you...
He is Pharma Entrepreneur having a Ayurvedic Start-up. He loves to share his experience and knowledge what he acquire during his professional life. He is full time blogger, part time entrepreneur and partial time helper for new star-up's

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