What is Pharma Franchise ?

Pharma franchise is an authorization or official permission or approval granted by Pharma Company to distributors, group or individual. Franchise Company gives rights to franchisee to spread its business with the help of Franchise Company. Pharma franchise is also known as PCD, this means propaganda cum distribution, pharma company means, company has its own manufacturing facility. Business is similar to any type of Franchise business. Franchise business means Franchise Company gives rights to franchisee to spread its business with the help of Franchise Company. It is the responsibility of franchisee to propagate and distribute the products in his area.