Pharmaceutical third party/contract manufacturing is easy way to expand your business whether you want to start pharma marketing company or you want to expand your manufacturing business by manufacturing of other companies products along with own products.
One of the best reasons of popularity of this concept is simplicity and easy availability. You don’t have to do much work and investment. It gives opportunities to even those persons who don’t have own manufacturing units to start their own Pharma company. Starting and running a manufacturing pharmaceutical company is difficult and tensed work, and require high investment but starting and running Pharma marketing company is easy thanks to third party manufacturing. Before announcing of excise free zone of Himachal Pradesh and Uttarakhand, it was not so popular as it is today, but after implementation of excise free zone in these above states, it became one of the most popular concept in pharmaceutical industry.