Types of Pharmaceutical Distributors and Wholesalers

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Types of Pharmaceutical Distributors and Wholesalers
Pharmaceutical distributors are simply intermediate personnel who ship pharmaceutical products from manufacturers to pharmacies, hospitals and other healthcare facilities. Pharmaceutical distributors play an important role in the provision of medications to the right patients at the right time safely and efficiently and help hospitals, clinics and other long-term care facilities keep their medicine cabinets fully stocked.

Pharmaceutical wholesalers purchase the medications and other pharmaceutical products directly from the manufacturers either for storage in warehouses or for distribution throughout their designated areas.

There are several types of pharmaceutical distributors and wholesalers:

●       Single party pharma PCD franchise distributors or wholesalers

●       Multiple party pharma PCD franchise distributors or wholesalers

●       Generic pharma products distributors

●       OTC Supply Pharma distributors

●       Ethical/branded Pharma products distributors

Single Party Pharma PCD Franchise Distributors and Wholesalers

These type of distributors and wholesalers buy pharmaceutical products from the manufacturers and are solely responsible for the primary and secondary sales of every product. Single party franchise distributors are required to be more market-oriented. They usually cover smaller areas. In simple words, they can be described as small-scale, high margin re-sellers. Single Party PCD distributors may not have their own wholesale drug license number.

Multiple Party Pharma PCD Franchise Distributors and Wholesalers

Wholesalers and high-scale distributors are usually listed in this category. These pharmaceutical distributors and wholesalers issue medication and other products only to their appointed franchises, PCD parties and secondary wholesalers. They cover much larger areas and but they provide very little margin. Multiple Party PCD Franchise distributors must have their own wholesale drug license number.

Generic Pharma Products Distributors

A generic medication is created exactly as an existing approved branded medication having the exact same dosage, strength, form, safety and way of administration. The only difference is that they don’t have a specific brand name associated with them instead they have a generic name which in most cases the name of the active ingredient. They sell at much lower prices as compared to branded medication. Generic distribution does not have a fixed sales margin and sales enhancement companies usually hire pharmaceutical sales representatives.

Branded Pharma Products Distributors

Branded pharma distributors are hired by companies to sell their pharmaceutical products and medications to retailers and hospitals. They are not responsible for marketing and worked with a fixed percentage of margin.

OTC Supply Pharma Distributors

They only deal with Over-The-Counter medications that don't require a doctor's prescription.
Location: Unit 2, Honywood Business Park, Honywood Rd, Basildon SS14 3HW, UK

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