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Factors to Consider Before You Become a Wholesale Medicine Distributor
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Factors to Consider Before You Become a Wholesale Medicine Distributor

As the largest industry in the world, the pharmaceutical industry generates $1.3 trillion in revenue every year. As the prices of generic drugs rise, the competition for market share among wholesalers increases. If you are interested in becoming a wholesale medicine distributor, there are several important factors you should consider. These include the following: License requirements for wholesale medicine distributors Before you start a pharmaceutical or medical distribution company, it's important to obtain the appropriate licensing. As a medical distributor, you'll be required to have a wholesale drug license and a GST number. Both are issued by the district drug licensing authority, an office appointed by the state's drug control office. You'll also need to obtain a license if y...