Since the Indian pharmaceutical sector is a forerunner in global markets for sizable production capacities with high-standard quality parameters, third-party manufacturing or contract manufacturing has always had great significance in India. Here we discuss the third party manufacturing pharma in Mumbai, which are recognised for their operations excellence and strategic contribution to global healthcare.
It leads to outsourcing the manufacturing of drugs to specialised third parties, which is advantageous in terms of resource allocation and permits the major activities like research and development and marketing to be focused upon.
In the world of pharmaceuticals, with its ever-changing nature, third-party manufacturing has become a strategic choice for companies wanting to produce only high-quality pharmaceutical products and sidestepping working in-house with production facilities.
A myriad of third-party manufacturing companies in India thrives in the heart of Maharashtra’s fast-paced Thane district, famed for their dedication to quality, adherence to international standards, and a fairly diverse portfolio of products.
This blog will explore the top third party manufacturing pharma in Mumbai, focusing on how they contribute to the pharmaceutical sector.
Mumbai: An Introduction
The metropolitan city of Mumbai is the headquarters for industry, commerce, finance, and state government. Approximately 23 million inhabitants are located in the city.
More than 6% of India’s GDP can be attributable to the industries that employ individuals in factories or collect income tax and customs duties. Mumbai boasts of such tourist attractions as the Asiatic Society, Gateway of India, Chhatrapati Shivaji Terminus, and Bandra-Worli Sea Link, among others.
This truly depicts the high demand for pharmaceutical products that exists in Mumbai. Hence, now is the apt time to set up one’s own pharmaceutical business.
Many reports suggest that the pharmaceutical industry in India will increase three times over in the next few years. For this reason, Voizmed Pharma is presenting the best opportunity currently available in the market. So what are you waiting for? Contact Voizmed Pharma.
What is Third-Party Manufacturing?
If a pharmaceutical company refers to third-party manufacturing in Mumbai, it means it is entering into an agreement whereby its resources shall be used to manufacture its drugs and pharmaceuticals for another company or brand on a lease basis.
Pharmaceutical companies sometimes hire outside pharmaceutical manufacturers in Mumbai due to their lack of capital, labour, and other resources for manufacturing.
Compared to a pharmaceutical company in Mumbai that manufactures the products, pharmaceutical manufacturing companies in Mumbai provide better-quality pharmaceutical products.
The pharmaceutical company and the Manufacturing in Mumbai need to mainly focus on marketing and production, whereas the third-party pharmaceutical manufacturer will only focus on production. The popularity of third-party pharmaceutical manufacturing in Mumbai is increasing with each passing year.
Voizmed Pharma: Best Third-Party Manufacturing Pharma in Mumbai
Voizmed Pharma is among the rising third-party pharma manufacturers in Mumbai. Our reputation as a pharma contract maker and supplier to the nation has always been recognised because we offer the best drugs.
- Experience
With years of experience, Voizmed knows how to give its associates the best possible product without compromising on quality.
- WHO-GMP Certified
All the manufacturing units of Voizmed Pharma are WHO, GMP & ISO certified. Apart from that, we also follow the complete guidelines set by related authorities.
- Wide range of Pharma Products
We keep a careful eye on market trends. As a result, we carefully choose our products & keep adding new ones to meet the needs of the Indian market. The demand for cardiac, gastrointestinal, respiratory & many other services is rising right now.
- One solution Under One Roof
Voizmed Pharma provides a full range of services for outsourcing the manufacturing of pharmaceuticals, including raw material procurement, R&D, manufacturing, quality assurance, packing & distribution. In India’s pharma industry, we have always been the best & most reliable company.
Procedure for third third-party Manufacturing Company
Being one of the famous concepts for manufacturing quality pharma products, third-party pharma manufacturing is highly preferred by pharma companies. Most of the companies prefer to work with third-party manufacturing instead of setting up their own plants, which require a huge investment.
It also reduces the huge amount of time for other activities and, most importantly, becomes a hassle-free mode of obtaining pharma products. Manufacturers should emphasise quality, and the users sell the products in the marketplace. This keeps the good market flow and gives a very high growth in the vendor’s business.
Here is a scenario in which most of the companies work with third-party manufacturing:
- Create a list of pharmaceutical products and place an order for the quantity required by the clients.
- The design and colour scheme of the product, including the packaging and labelling, must be decided upon.
- A copy of an Aadhaar card, PAN card, drug licence, GST certification, etc, is required to enter into the contract.
- Estimate the packing charges, products chosen, brand name, and payments.
- After the finalisation of the entire agreement, manufacture of the pharmaceutical products will commence.
- Once the manufacturing part is completed, our logistics team transports the products to their destination.
In order to get services from Voizmed Pharma for pharma products, feel free to contact us.
Conclusion
Voizmed Pharma is the best third party manufacturing pharma in Mumbai. Known for their best quality products, latest manufacturing facility & customer-centred approach. Their commitment to quality, regulatory compliance & innovation has made them a trusted partner for many pharma companies.
By providing cost-effective solutions & promoting sustainability, Voizmed Pharma contribute to the growth & success of the pharma industry in Mumbai & beyond.
Contact Information
Name: Voizmed Pharma Pvt Ltd
Phone: +91 8814892777
Address: Plot No. -363, 2nd floor, Industrial Area Phase 2, Panchkula, Haryana, India 134113
Email: [email protected]
Pharmaceutical Manufacturing unit no.1:- Vill- Anji, p.o Barog, Distt- Solan, Himachal Pradesh, India, 173211
Pharmaceutical Manufacturing unit no.2:- Plot no. 134, vill- kotla, Barotiwala, Distt- Solan, Himachal Pradesh, India, 174103
Nutraceutical Manufacturing unit no.3:- Plot no. F-27, Industrial focal point, Derabassi, SAS Nagar, Mohali, Punjab, India, 140308
Frequently Asked Questions
Que1. Which is the best third party pharma manufacturing company in India?
Ans. Voizmed Pharma is the best third party pharma manufacturing company in India
Que2. What is 3rd party pharma manufacturing?
Ans. Third-party manufacturing in the pharmaceutical industry involves outsourcing the production of drugs to specialised manufacturers.
Que3. What is the cost of third-party pharma manufacturing?
Ans. Voizmed Pharma Pvt Ltd can assist you with an investment of Rs 20,000 to Rs 50,000.
Que4 – What are the advantages of Pharma Third Party Manufacturing in Mumbai?
Ans – Lower production costs, access to specialised manufacturing equipment and expertise, and flexibility in production are some of the advantages.
