June 3, 2020

Martin Thuna - Wholesale Pharmaceuticals

Martin Thuna - Wholesale pharmaceutical dealers supply medicines to pharmacists and others at competitive rates. As per ethical trade practices, wholesale pharmaceutical dealers sell only to licensed resellers and not directly to end-users. Wholesale pharmaceuticals generally sell their products to doctors, clinics, pharmacies, medical suppliers, and hospitals. A valid wholesale pharmaceutical license is needed for trading in pharmaceuticals. Similarly, most wholesale pharmaceutical companies insist on their customers providing evidence of permission to purchase wholesale pharmaceuticals. This permission should have been obtained through appropriate government agencies.

Wholesale pharmaceuticals are generally supplied with the best possible expiry date at the time of sale. Customers need to check their requirements thoroughly before making purchases. Generally, the prices quoted by wholesale pharmaceutical companies exclude charges applicable to freight, insurance, and customs. Purchasers from other countries are expected to bear any costs incurred for customs clearance, duties, and any other legal requirements. The onus of ensuring that any import of pharmaceuticals complies with relevant domestic laws also lies with the importer.

Martin Thuna - The modus operandi of persons dealing in wholesale pharmaceuticals is to physically assemble goods in large lots, sort them, repack and redistribute in smaller lot sizes. For these activities, wholesale pharmaceutical dealers need to have access to facilities like refrigeration, storage, transportation and, packaging, and labeling services.