10 Best Franchise Opportunities for Pharmaceutical Companies in India- 2024

1. EL.V. Life Sciences

  • Tagline: Innovating for Healthier Tomorrow
  • Initial Investment: Rs 10,000
  • Resources: Comprehensive support for setup, operations, and marketing. High-quality products with guaranteed results. Promotional materials provided.
  • Market Demand: High; limited areas left for franchise.
  • Profit Margin: 30-50%
  • Outlets: 500+ Franchise Partners
  • Features: Cutting-edge life sciences technologies.
  • Details: www.elvlifesciences.in
  • Location: SCF 330, First Floor, Motor Market, Manimajra, Chandigarh 160101
  • Details: EL.V. Life Sciences, established in 1999 and based in Chandigarh and Baddi, Himachal Pradesh, is dedicated to enhancing access to high-quality healthcare solutions by innovating and marketing cost-effective medicines. As an emergent leader in the pharmaceutical industry, EL.V. Life Sciences prioritizes excellence, affordability, and dedicated customer support, striving for constant advancement in product quality, processes, and systems. The company boasts its own manufacturing unit, underscoring a commitment to premium quality standards and rigorous quality control measures. With a comprehensive range of products across numerous therapeutic areas, EL.V. Life Sciences has established a significant global footprint, including an export unit that extends its reach to more than 10 countries. The organization’s vision is to pioneer better healthcare access for all, supported by advanced facilities and a broad portfolio of approvals, demonstrating a profound influence on global healthcare improvement.
  • Contact: +91  8949424172

2) Apollo pharmacy

Logo of Apollo Pharmacy, a leading pharmaceutical franchise company in India.

  • Initial Investment: The investment required to start an Apollo Pharmacy franchise ranges significantly. The detailed investment could vary based on location, store size, and other factors. An estimated range is from INR 10 to 20 lakhs, including setup costs, inventory, and operational expenses. However, for the most accurate and current investment details, direct consultation with Apollo Pharmacy is recommended.
  • Resources: Apollo Pharmacy provides comprehensive support to its franchisees, including training, store setup guidance, operational support, marketing, and branding assistance. Franchisees benefit from Apollo Pharmacy’s established supply chain, ensuring a wide range of medicines, healthcare products, and services are available.
  • Market Demand: Given the widespread recognition of the Apollo brand and the increasing demand for healthcare products and services in India, the market demand for Apollo Pharmacy franchises is robust.

Number of Outlets: Apollo Pharmacy has a vast network of over 4000 outlets across India, demonstrating its success and popularity in the pharmaceutical retail sector.

  • Standout Features: Apollo Pharmacy is known for its wide range of quality medicines, healthcare products, and customer-focused services. The brand’s strong reputation, backed by the Apollo Hospitals Group, adds immense value to the franchise.
  • Franchise Details: For the most up-to-date information on becoming an Apollo Pharmacy franchisee, including investment details, application process, and support structure, it’s best to directly contact Apollo Pharmacy through their official website or franchise inquiry channels.

For Franchisee – Apollo Clinics


3)
Sasta Sundar 

Sasta Sundar storefront, an innovative pharmaceutical franchise.

Initial Investment: The investment required to start a SastaSundar franchise ranges from INR 50,000 to INR 2 lakhs, making it an accessible opportunity for many entrepreneurs. The investment includes setup costs and initial operational expenses.

Area Requirement: The standard area requirement for a SastaSundar franchise is approximately 120 square feet, providing flexibility for location and setup.

Number of Franchise Outlets: SastaSundar has a growing network with 100-200 franchise outlets, indicating a significant presence and successful franchise model across India.

Market Demand: SastaSundar caters to a growing demand for digital healthcare services and online pharmacy needs, tapping into the convenience and efficiency sought by modern consumers.

Profit Margin: While specific profit margin details are not provided, the low-cost investment and operational model of SastaSundar suggest potential for profitable margins based on sales volume and efficient management.

Standout Features: SastaSundar stands out for its innovative approach to healthcare, offering a wide range of medicines, wellness products, and healthcare services through a digital platform. This includes a strong emphasis on genuine products, affordability, and customer service.

Franchise Details: Potential franchisees can find more information and apply for a franchise opportunity through SastaSundar’s official channels. It is advisable to contact SastaSundar directly for the most accurate and current details regarding the franchise application process, support structure, and other pertinent information.

Franchise India – SastaSundar

SastaSundar’s focus on digital healthcare solutions, combined with the accessibility of its franchise model, presents an attractive opportunity for entrepreneurs looking to enter the pharmacy and healthcare market. The brand’s commitment to quality, affordability, and innovation positions it well for continued growth and success in India’s evolving healthcare landscape.

For detailed and updated information regarding the franchise opportunity, including support, training, and the latest investment details, interested individuals should reach out directly to SastaSundar through their official website or franchise inquiry channels.

 

4) Mankind Pharma:-

Mankind Pharma corporate office, a giant in pharmaceutical franchises.

Mankind Pharma, founded in 1995 by Ramesh C. Juneja and his younger brother Rajeev Juneja, is one of India’s leading pharmaceutical companies, recognized for its significant contributions to the pharmaceutical industry by offering a wide range of high-quality, affordable medicines. With a turnover of ₹8,749 crore (US$1.1 billion) for FY23, Mankind Pharma has established itself as a key player in the market, especially in India, where it derives 97% of its operating revenue. The company’s vast portfolio includes products in therapeutic areas such as antibiotics, gastrointestinal, cardiovascular, dermal, and erectile dysfunction medications, alongside popular consumer healthcare brands like Manforce condoms, Prega News pregnancy test kits, and Unwanted-72 emergency contraception. The leadership team, comprising Ramesh Juneja (Chairman), Rajeev Juneja (MD & Vice Chairman), Sheetal Arora (CEO), and Arjun Juneja (COO), has steered Mankind Pharma towards remarkable growth and innovation, cementing its position as a pioneer in making quality healthcare accessible to all.

5) Cipla :-

Cipla logo against its manufacturing facility background.

Cipla, founded in 1935 by Dr. K.A. Hamied, is one of India’s premier pharmaceutical companies, recognized for its pioneering role in pharmaceutical manufacturing and innovation. With a turnover of ₹8,749 crore (US$1.1 billion) for FY23, Cipla has solidified its status as a major entity in the global pharmaceutical landscape, particularly in India where it earns a significant portion of its revenue. The company offers a broad array of products across therapeutic areas such as antibiotics, gastrointestinal, cardiovascular, dermal, and erectile dysfunction medications. Additionally, Cipla is known for its commitment to healthcare accessibility, producing popular consumer healthcare products. The leadership team, which plays a crucial role in guiding Cipla’s direction and success, includes key figures whose dedication has led to the company’s substantial growth and innovation, ensuring Cipla remains at the forefront of making quality healthcare available to the masses.

 

6) Intas pharma:

Intas Pharma's advanced research facility, a key player in pharmaceutical franchises.

Intas Pharma, founded by the visionary leadership team, has evolved into a notable name in the pharmaceutical sector, committed to delivering high-quality, affordable healthcare solutions. With a substantial turnover, Intas Pharma is prominently recognized in the pharmaceutical industry, especially within its primary market. The company’s extensive product range encompasses various therapeutic areas, including but not limited to antibiotics, gastrointestinal, cardiovascular, dermal, and erectile dysfunction treatments, as well as popular consumer healthcare products. Under the stewardship of its esteemed leadership, comprising key figures in the roles equivalent to Chairman, MD & Vice Chairman, CEO, and COO, Intas Pharma has achieved exponential growth and innovation. This leadership has been pivotal in driving the company’s mission to enhance healthcare accessibility and affordability, thereby establishing Intas Pharma as a pioneer in advancing quality healthcare for all.

7) Pfizer:

Pfizer's global headquarters, a leader in the pharmaceutical franchise industry.

Pfizer, founded by Charles Pfizer and Charles F. Erhart in 1849, stands as one of the world’s premier biopharmaceutical companies, renowned for its commitment to healthcare innovation and provision of quality medicines. With a turnover that highlights its status as an industry leader, Pfizer has a diverse product portfolio spanning key therapeutic areas, including oncology, vaccines, cardiovascular, and anti-infective medications, among others. The company also owns popular consumer healthcare brands, contributing significantly to its global presence and financial success. Under the leadership of its executive team, Pfizer continues to advance in medical research and development, focusing on the creation of breakthroughs that change patients’ lives. Its dedication to improving health and well-being worldwide, coupled with its substantial R&D investments, underscores Pfizer’s role as a catalyst in the evolution of global healthcare.

8) Aurobindo Pharma Ltd:

Aurobindo Pharma Ltd's eco-friendly plant, a sustainable pharmaceutical franchise.

Aurobindo Pharma Ltd, established in 1986 by P.V. Ramprasad Reddy, K. Nityananda Reddy, and a small group of committed professionals, has evolved into a key player in the global pharmaceuticals sector. Renowned for its comprehensive portfolio of products, including generic medicines, active pharmaceutical ingredients (APIs), and over-the-counter (OTC) products, Aurobindo Pharma has carved a niche for itself both in India and internationally. With a commitment to quality and affordability, the company has a strong presence in key therapeutic areas such as neurosciences, cardiovascular, antiretrovirals, anti-diabetics, gastroenterology, and antibiotics, among others. The leadership team at Aurobindo Pharma, with their vast experience and expertise, drives the company’s growth strategy, focusing on innovation, R&D, and expanding its global footprint. Aurobindo Pharma’s mission to enhance patient care worldwide is evident in its extensive product range and its efforts to make medicines accessible and affordable to all.

9) Dr. Reddy’s Laboratories Ltd:

Dr. Reddy's Laboratories Ltd office, a beacon of innovation in pharmaceutical franchises.

Dr. Reddy’s Laboratories Ltd, founded in 1984 by Dr. Kallam Anji Reddy, is a prominent global pharmaceutical company headquartered in India, known for its extensive contributions to the pharmaceutical industry through the development, manufacturing, and marketing of a wide range of pharmaceutical products. The company boasts a diverse portfolio that includes generic medications, active pharmaceutical ingredients (APIs), over-the-counter (OTC) products, and biosimilars, across therapeutic areas such as cardiovascular, gastroenterology, oncology, and anti-infectives. Dr. Reddy’s is committed to providing affordable and innovative medicines that address the unmet health needs of patients worldwide. Under the leadership of its dedicated management team, Dr. Reddy’s has established a significant presence in key markets around the globe, including the United States, Europe, India, and Russia, reflecting its mission to accelerate access to affordable and innovative medicines. Through continuous research and development efforts, Dr. Reddy’s Laboratories Ltd remains at the forefront of pharmaceutical innovation, striving to create a healthier world.

10) Teva Pharmaceutical Industries Ltd:

Teva Pharmaceutical Industries Ltd distribution center, a global pharmaceutical franchise leader.


Teva Pharmaceutical Industries Ltd, founded in 1901, is a global leader in generic and specialty medicines, with a mission to deliver high-quality healthcare solutions that leverage its extensive portfolio of products and innovative R&D capabilities. Headquartered in Israel, Teva is integral to the pharmaceutical industry, offering a wide array of products across multiple therapeutic areas, including neurology, oncology, pain management, and respiratory diseases, among others. Known for its extensive range of generic medicines, Teva also focuses on breakthrough treatments in specialty medicines and biopharmaceuticals, underscoring its commitment to addressing unmet medical needs and improving patients’ lives worldwide.With a strong presence in key markets around the globe, Teva’s leadership is committed to driving growth through strategic initiatives that emphasize sustainable practices and patient-centric healthcare. The company’s dedication to innovation, quality, and accessibility has solidified its position as a trusted name in healthcare, providing value to healthcare systems, patients, and communities across the world. Through its ongoing efforts in R&D and its broad product portfolio, Teva Pharmaceutical Industries Ltd continues to play a vital role in shaping the future of global healthcare.

 

 Additional Considerations for Choosing a Pharma Franchise:

Financial Planning and Support

  • Budget Estimation: Precisely calculate your initial investment, including franchise fees, inventory costs, regulatory compliance expenses, and staff salaries. Ensure the franchise fits within your financial capacity.
  • Market Research: Conduct an in-depth analysis of the demand for pharmaceutical products, understanding the needs of the healthcare sector, potential customer base, and existing competition.
  • Financial Support: Explore financial assistance options. Many banks and institutions offer MSME loans and collateral-free business loans specifically designed for franchises, aiding in managing the financial aspect of your venture.

Understanding the Market and Legal Compliance

  • Competitive Landscape: Gain knowledge about competitors offering similar or alternative pharmaceutical products. Opt for a franchise that allows you to capture a significant market share.
  • Legal and Regulatory Compliance: The pharmaceutical industry is highly regulated. Ensure that your franchisor complies with all relevant laws, regulations, and quality standards. The franchise agreement should be thoroughly reviewed for compliance with pharmaceutical regulations, trademark rights, and tax obligations.

Choosing the Right Franchisor

  • Franchisee Training and Support: Select a franchisor that provides comprehensive training and support, including but not limited to, site selection, marketing strategies, operational management, and ongoing assistance, ensuring your business’s success.
  • Brand Reputation and Growth Prospects: Invest in a franchise recognized for innovation, adaptability to market trends, and solid growth plans. The franchisor should have a good market reputation, a strong digital presence, and a competitive edge.

FAQs for Aspiring Pharma Franchise Owners

  • How much can a franchise client or who takes franchise earn?
    It depends on sales, but small franchises working diligently over time generally earn between Rs 15,000 and Rs 1,00,000 with sales ranging from Rs 15,000 to Rs 2 lakh.
  • How much time does it take to establish a Pharma franchise?
    It generally takes 3-4 months, during which doctors become satisfied with your Pharma product quality. Some long-term acting drugs for cardiac and diabetic conditions take time, while short-term aids like acidity and painkillers are better to start with to show doctors your instant quality results.
  • Who should opt for a Pharma franchise?
    Anyone who is or has experience in the Pharma field and is good in communication skills with doctors. However, before making them believe, have your trust built in the company.

Conclusion:

Venturing into a Pharma franchise requires more than just financial investment. It necessitates thorough research and understanding of various factors that can impact the business’s revenue and growth. Leveraging tools like FlexiLoans can simplify the process of securing initial funding, allowing you to focus on establishing and growing your franchise successfully.

Why Choose a Pharma Franchise:

Opting for a Pharma franchise allows entrepreneurs to contribute to healthcare while tapping into the growing pharmaceutical market. With the right franchisor, the Pharma franchise model offers a blend of professional support and autonomy, enabling you to build a successful business in the healthcare sector. This comprehensive guide, inclusive of FAQs, aims to equip aspiring franchise owners with the knowledge needed for a successful venture in the Pharma franchise business.