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Pharmaceutical business
02-19-2012, 02:37 PM
This may not be the right place to ask this but i dont know any other forum where you can ask questions to other business minded people in action, so i decided to post the question here.
Do you guys know if you need to be a doctor or hold a medical license for you to buy pharmaceutical products from the UK, US or any asians countries? I remember two years ago i was looking to buy a X ray machine in the UK, i had a good friend who worked for british hospitals for many years in medium-senior positions and he had contacts for pharmaceutical suppliers. He told me that these suppliers wouldnt sell me those machines because i dont have any medical license and dont represent any governmental/medical private entity, i insisted that he should give me the suppliers contacts for a try. I called the suppliers and they told me that they dont sell pharmaceutical products to regular business people.
I am wondering if any of you guys know about a company who is specialised in selling pharmaceutical business products and would sell it to regular business people. Any country good to close such deals?
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Pharmaceutical business
02-19-2012, 08:59 PM
Quote: (02-19-2012 02:37 PM)pitt Wrote:
This may not be the right place to ask this but i dont know any other forum where you can ask questions to other business minded people in action, so i decided to post the question here.
Do you guys know if you need to be a doctor or hold a medical license for you to buy pharmaceutical products from the UK, US or any asians countries? I remember two years ago i was looking to buy a X ray machine in the UK, i had a good friend who worked for british hospitals for many years in medium-senior positions and he had contacts for pharmaceutical suppliers. He told me that these suppliers wouldnt sell me those machines because i dont have any medical license and dont represent any governmental/medical private entity, i insisted that he should give me the suppliers contacts for a try. I called the suppliers and they told me that they dont sell pharmaceutical products to regular business people.
I am wondering if any of you guys know about a company who is specialised in selling pharmaceutical business products and would sell it to regular business people. Any country good to close such deals?
It's an interesting business with an obscene profit margin, but one that spends a healthy chunk of it's profits on influencing politicians. The FDA IS big pharma, and at this level of goverment they act similar to a mafia. They can viciously prosecute companies or individuals who step on the toes of big pharma profits. It can be an ugly racket, and is big government at it's most corrupt.
But those who manage to sell pharmaceuticals online competitively can pull in many millions per month, or even per day. Startup costs are commensurate with the potential gain and the level of competition.
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Pharmaceutical business
02-20-2012, 12:18 PM
Do you mean things that you would need to start a business?
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Pharmaceutical business
02-20-2012, 01:38 PM
Quote: (02-20-2012 12:18 PM)Neo Wrote:
Do you mean things that you would need to start a business(analytical and lab equipment etc.) or purchasing the pharmaceuticals themselves?
I was referring to an online pharmacy, such as an offshore online pharmacy, regarding the big money in sales and development costs.
What kind of business do you have in mind?
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Pharmaceutical business
02-20-2012, 01:46 PM
You can buy pretty much anything without prescription in Cambodian pharmacies.
It worth a try to find out if they export medical stuff.
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Pharmaceutical business
02-20-2012, 10:26 PM
I dont know what its like in Cambodia but you can get virtually whatever you want otc in Thailand as well, Im here right now and just loaded up for cheap but its not legal to export thai meds outside of thailand and it may be the same in cambodia, taking personal use is one thing but exporting and importing requires licenses etc. You could probably get away with being a go between, asian company that does have an export license and essentially taking orders taking a cut and having them send.
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Pharmaceutical business
02-21-2012, 03:45 AM
Quote: (02-20-2012 05:20 PM)pitt Wrote:
Quote: (02-20-2012 01:46 PM)Neil Skywalker Wrote:
You can buy pretty much anything without prescription in Cambodian pharmacies.
It worth a try to find out if they export medical stuff.
Do you know if Cambodia manufactures pharmaceutical products? Did you find these products there to be cheap?
Sorry, i have no idea.
i bought a 40 pack of 10mg Diazepam(valium) there for 3.85 USdollar. Dirtcheap. They sell just about any medicine there in the pharmacies. I met a american/indian guy in the Phillies who claimed to have an online pharmacie. It ran from cambodia.
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Pharmaceutical business
02-21-2012, 12:33 PM
With pills you can source them from other countries. You will only ge able to get generics though as I believe pro brands are made via contract with certain suppliers. It seems like petty money unless you are in wholesale. Having a virtual pharmacy and dealing with all those logistics would seem like a nightmare. The higher up you can go the better it would be. For equipment the West has rules in place to only by overpriced junk from big corps like GE this is probably you had issues acquiring stuff since that is a closed supply loop and you do need "credentials" to get into it. Now the developing world is different acquiring a machine built in India and shipping it to a medical centre in Kenya or the Philippines would seem like a venture where no licenses would be needed.
It is funny because Big Pharma is indeed run like a mafia. The West is the most lucrative market because so many people are close to old age and there will be tons of hurdles put up to get into the most viable segments of this Industry by the FDA and Big Pharma.
It would probably be easier to get into arms sales/smuggling lol.