The PCD pharma establishment is an ideal model for the drug industry, but it is not perfect. In many ways, the PCD establishment is a bad idea. First, there are many advantages of the PCD arrangement. The main advantage of the PCD pharmaceutical establishment is that it gives monopoly privileges to the pharmaceutical establishments and can give syndication rights to the other organizations. In addition, these monopolies will help them with preparing and advertising materials.
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Secondly, a PCD pharma establishment offers a lot of scope in the market. This is because it works on the principal of greater earnings for a franchisee. The franchise is a profitable venture because of the huge scope. The idea of PCD pharma establishment is generally ideal for the drug industry because more profits are earned by the franchisee. The franchise will be provided by a leading pharma company, which is a good investment for the potential entrepreneur.
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The benefits of a PCD pharma establishment are many. The most obvious one is access to medicines. The demand for medicines has increased owing to modernization and development. Moreover, more middle-class families are spending money on medication. The pharma industry is also growing as a result of the government’s initiative in promoting the sector. This way, there is an increased demand for medical care in the country.
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