Drug License in India | Complete Guide by Corpzo

 India’s agricultural sector has long been the backbone of its economy. Yet, small and marginal farmers often face challenges such as limited access to markets, credit, and technology. To address these issues, the concept of Farmers Producer Companies (FPCs) was introduced under the Companies Act, 2013 , combining the benefits of a cooperative society with a corporate framework. Among the successful examples of this model is the Royal Travancore Farmers Producer Company , a farmers-led initiative that aims to create value, improve productivity, and strengthen the agricultural ecosystem in Kerala and beyond. 1. Understanding Farmers Producer Companies (FPCs) A Farmers Producer Company (FPC) is a legally registered body formed by a group of primary producers — mainly farmers, cultivators, and agricultural workers. The core objective of such companies is to enhance farmers’ income by pooling their resources and collectively engaging in production, processing, marketing, and di...

 What is a Drug License? In India, a drug license is necessary for the production, distribution, or sale of pharmaceutical products. It is implemented to ensure that only authorized establishments handle medicines in accordance with the 1940 Medication and Cosmetics Act. This license mechanism ensures security and compliance for the pharmaceutical business. Preventing the manufacture of harmful, counterfeit, or inferior pharmaceuticals is essential. The license ensures that drugs are handled, manufactured, and marketed in India by trained and experienced individuals, removing regulatory concerns and public health hazards. Importance of a Drug License A Drug License is needed by the companies involved in business of pharmaceutical products. Sale or supply of drugs in the absence of a valid license is an offence and punishable. The licensing system has a number of advantages: Preserves public safety – Prevents the sale of fake or harmful drugs. Regulates the pharma industry – Maintai...

 How to Apply for a Drug License in India | Complete Guide by Corpzo Ensuring everyone has equal and fair access to drugs and medicine is the primary concern of any government. But the right to manufacture and sell drugs and medicines has to be given cautiously. Hence, the government has stringent rules for granting licenses for the manufacturing and selling of drugs and medicines. The Act that governs the end-to-end process from manufacture to the sale of drugs in India is the Drugs and Cosmetics Act, 1940 ('Act'). Meaning of Drugs Section 3(b) of the Drugs and Cosmetics Act,1940 defines “drug” to include all medicines and devices for the use of human beings or animals internally or externally, and all substances planned to be used for or in the diagnosis, mitigation, treatment, or prevention of any disorder or disease in animals or human beings, including preparations applied on the human body for the purpose of repelling insects like mosquitoes; it also includes all substanc...