Top 10 Third Party Manufacturing Pharma Companies in Punjab – Investing in the pharmaceutical business in Punjab is a good move towards helping the needy. If you want to enter the pharmaceutical sector, this is the right time. Punjab has seen a lot of demand for the contract manufacturing of medicines. In the following article, we will talk about the Top 10 Third Party Manufacturing Pharma Companies in Punjab and will also discuss about the third-party manufacturing services and its benefits.
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Explain third party manufacturing services.
Third-party manufacturing is when one company has other companies manufacture a product for them. In this case, the company is outsourcing the manufacturing of its medicines through a professional contract manufacturer that has the capabilities to offer the best quality medicines. This process also saves a lot of time and money, and that time will be better spent developing sales, branding and marketing, delivery, and other activities related to running a business. This is third-party contract manufacturing.
Why is everyone choosing Third Party Manufacturers?
Cost-effecient
Costing expenses to put in a production unit covering requires investment money, labor force, machinery, raw components, land, and many more. This is often a lot of money compared to sourcing your production.
Focus on only the key factors. You can now focus on other parts of the business, if you choose to outsource your production to contract manufacturers.
It is scalable
Depending on market needs, the orders are delivered to suit the demands, so you have less burden on excess inventories.
Advanced Manufacturing Units
The products are made using high-grade machinery, many manufacturers are GMP-certified, and typical of an ISO certifications, therefore assuring best practices.
It saves time
The organization has already set up a production unit to get started. You can quickly connect with third party manufacturers and **race for the benefits of their establishment.
How does a third party manufacturer hire?
- The first step is to select on what product you want the manufacturing arrangement, and then you may decide how you would like that product to be manufactured. For example, you can provide a document on the ingredients you want in your medicine.
- The next stage is to define the cost of manufacturing. Contract manufacturers will provide quotations on the minimum order quantity, cost of packaging, lead times, and other things.
- The next step will have some exchange of documents needed by both parties, including the Aadhar card, PAN card, GST number, name of the company, trading address, drug license number, and other necessary documents.
- It will also have any regulatory compliance certificates, which are a requirement for manufacturers in producing medicines.
- The manufacturer gives a sample to the employer and then the bulk order has to be decided if they will be proceeding based on an approval from the employer of the manufacturer.
- All the finished products will be checked for quality and be packaged. Upon going through their procedures they are then delivered to the employer address, and they are packaged using the best quality materials.
Top 10 Third Party Manufacturing Pharma Companies in Punjab
Matins Healthcare
The company was established in 2005 to give the Indian healthcare system access to the highest-quality medications. Their goal was to manufacture the medications at a cost that would be affordable for all. One of Rajasthan’s Top 10 Third Party Manufacturing Pharma Companies, Matins Healthcare offers a large selection of medications for PCD franchise and contract manufacturing.
What are the advantages of choosing Matins Healthcare as your top third party manufacturer?
- Matins Healthcare is a GMP, ISO, and WHO-certified company that follows all the rules and regulations and provides the best quality product.
- Matins Healthcare Private Limited focuses on Quality Control (QC) and Quality Assurance (QA) because this is its focus area and strength.
- “We are committed to following GMP norms and continually improving product and service, process, and workforce capability, which enables us to continually serve our customers and consumers better.
- Throughout the quality control process, a high-quality, trained analytical chemist carries out the testing to continually provide excellence in quality control.
- Matins Healthcare leads in providing effective customer-centric solutions to people. It ensures the product is safe and is the best product to consume.
Salvus Pharma
As one of the leading PCD pharma franchise companies, Salvus Pharma has always been committed to the improvement of health care through the development of pharmaceutical formulations and associated business partnerships. With several years of experience, the company offers the best manufacturing services for medicine.
Address – Plot No 633, Park, Sector 82, JLPL Industrial Area, Punjab 160055
Saturn Formulations
Saturn Formulations is one of the best Pharmaceutical companies in India. With over 15 years of experience in the pharmaceutical domain, we have built a reputation for excellence, reliability and our utmost commitment to customer satisfaction. We are dedicated to manufacturing the best quality pharmaceutical products. We specialize in Third Party Manufacturing and PCD Pharma franchise services.
Address – Plot No., 463, Industrial Area Phase 1, Panchkula, Haryana 134113
OriGam Pharmocrats
One of the PCD Pharma companies with the quickest rate of growth in the Indian pharmaceutical sector is Origam Pharmocrats. We have worked in the pharmaceutical industry for thirty-four years. We are a firm with ISO 9001:2015 certification. Only WHO, GMP, and GLP-certified manufacturing facilities produce any of our products.
Address – Sco 10, Bhabat Rd, City Enclave, Utrathiya, Zirakpur, Punjab 140603
FIBAX PHARMA
The company is known for the products it provides to the market. It is one of the well-known companies with a variety of medicines available at reasonable prices. It is a WHO, GMP-certified company.
Address – Lower Ground, Metro Plaza City Market, Sco 29, Lohgarh Rd, Zirakpur, Punjab 140603
NB Healthcare
We have set up a distinct quality control unit to carefully evaluate our products before releasing them to the public, as mandated by international standards. Its facilities, which are GMP and ISO certified, are the best.
Address – Plot No. 966, JLPL Industrial Park, Sector-82, Airport Road, Sahibzada Ajit Singh Nagar, Punjab 160062 India
Asterisk Healthcare
Asterisk Healthcare India (P) Ltd., located in Chandigarh, is the leading manufacturer and supplier of Pharmaceutical Products in the country. To provide a better and quality range of medicines, we are committed to providing quality Pharmaceutical Tablets.
Address – ASTERISK HEALTHCARE (I) PVT LTD S.C.O 867 BASEMENT N.A.C MANIMAJRA CHANDIGARH-160101
ADDII BIOTECH PVT LTD
ADDII BIOTECH PVT LTD is among the top 10 third party manufacturing companies in Punjab with a variety of medicines at reasonable prices, furthermore, It provides the PCD franchise and third party manufacturing services.
Address – Plot no, ITC-10, Addii Biotech PVT. lTD. , 7th Floor World Tech Tower, Sector 67, Sahibzada Ajit Singh Nagar, Punjab 160062
Fedley Healthcare Pvt. Ltd
Fedley Healthcare began its operations in 2013 and in such a short period has established itself as a much respected player, with clients from Chandigarh, India are now taking notice. Our products range extends to Analgesics and Anti-Inflammatory Tablets, Antibiotics and Anti-Infective Tablets & Antiemetic and Anti-Ulcerants Tablets, and more.
Address – SCF-245, 2nd Floor, Motor Market, Sector 13, Chandigarh, 160101
Sanative Remedies
It is also among the top pharmaceutical third party manufacturers in India and provides ther best medicines at reasonable prices, with timely delivery of the quality assured products.
Address – PLOT NO. 1323, Sector 82, SEC-82, JLPL Industrial Area, Sahibzada Ajit Singh Nagar, Punjab 140306
Frequently asked questions
How to select a third party manufacturer?
The best way to select a contract manufacturer is to consider their experience and reputation. You should also look at the products they manufacture, their capacity, their quality control facilities, branding and packaging, price, and the time it takes to develop or manufacture the product. Matins Healthcare has all the appropriate characteristics to act as the contract manufacturer.
Is there a future for medicines in Punjab?
Yes, there will always be a medium to high demand. People use medicines, and they are an important part of their lives. Plus, the government is supportive of the contract manufacturing business, and the growth of the industry will happen.
Does Matins provide the delivery of medicines?
Yes, Matins Healthcare does the best packing and delivery to a feasible location. Their packing is top quality and damages to their packing are rare.