The Drug License can be defined as a process of providing permission to an applicant or firm to carry on the business of pharmacy or pharmaceutical activity in a particular area or region.
It includes business activities such as drugs ,medications , cosmetic products being sold as a retailer or manufacturer.
It must be noted that any person can do any pharmacy business without the license ,otherwise it will be considered as an offence and strict action will be taken against the person involved. One should always obtain a drug license to do the pharmacy business.
The pharmacy business is governed under the drug and cosmetics act 1940.It includes ayurvedic , allopathic , homeopathic drugs and the person doing the business should be very much concerned as any medicine that may cause harm to the consumer may be held responsible and will be charged against the offence.
The drug license can be obtained through proper process and will take approx.45 to 60 days to get the drug license from the concerned department of state.In case the business is been runned in more than one state then separate license is needed to be obtained from the drug license department of the concerned state.
The drug license in India are classified into three types namely -
- The manufacturing license
- The Sales license
- The Loan license
It must be noted that the sales license is further divided into different categories namely -
- The Wholesale license
- The Retail license
- The license which is restricted to only general store business activity.
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