India Advocacy
Venue : Perumal Nagar 7th Cross Street, Nanmangalam, Chennai, Tamil Nadu, India
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Form 19: Application for grant or renewal of a license to sell, stock, exhibit or offer for sale, or distribute drugs apart from those specified in Schedule X.
The drug controlling authority or the regulatory authority is responsible for issuing the drug license.
Advantages of Drug License
★ Legal compliance: A drug license ensures that the company or individual complies with all the legal requirements set forth by the government for manufacturing, distributing, and selling drugs. This helps to prevent legal issues and penalties that may arise due to non-compliance.
★ Quality control: A drug license requires the company or individual to adhere to strict quality control standards for their products. This helps to ensure that the drugs manufactured and sold are safe and effective for use by patients.
★ Trustworthiness: Having a drug license can increase the trust and credibility of the company or individual in the eyes of customers and the general public. This can lead to increased sales and a better reputation.
★ Access to markets: Many countries require companies to have a drug license before they can enter the market. Having a drug license can help a company to expand its business by gaining access to these markets.