How to Choose Best Third Party Manufacturing Company in India?
The pharma industry in India is flourishing, and pharma professionals, entrepreneurs, and even established players are now resorting to third party manufacturing to expand operations without having to heavily invest in infrastructure. With increasing demand, there has appeared a large number of Third Party Manufacturers that provide services to entities seeking effective, affordable production of high-quality drugs. With so many choices available, however, how do you select the best Third Party Manufacturing Company in India?
This complete guide will assist you in knowing the most important factors to check while choosing a trustworthy Pharma Third Party Manufacturing Company to ensure your brand’s growth, quality, and compliance.
What is Third Party Manufacturing in Pharma?
Pharma third party manufacturing is the process in which a WHO and GMP Cert. pharma products manufacturer makes the medicines under the brand name. The third party medicine manufacturer takes care of everything from manufacturing to the product’s packaging and the pharma marketing work on the products distribution and marketing of medicines.
This model beneficial for:
- New pharma companies
- Small to medium scale pharma companies
- Entrepreneurs with no manufacturing setups
- Companies with fast-growing product range
Advantages of Selecting 3rd Party Pharma Manufacturing in India
Before proceeding with the selection criteria, let’s see some of the main advantages of opting for 3rd Party Pharma Manufacturing:
- Cost-Efficient: Spares you from the capital investment to set up and run a manufacturing unit.
- Time-Efficient: Saves time to market for your pharmaceutical products.
- Quality Control: Most well-known Third Party Pharma Companies adhere to WHO and GMP standards.
- Scalability of Business: Allows you to concentrate on growth, marketing, and distribution while manufacturing is cared for.
- Broad Range of Products: You have the ability to release multiple products without the need for manufacturing limitations.
Important Factors to Select the Best 3rd Party Manufacturing Company in India
The right 3rd Party Manufacturing partner is very important. Consider the following when making your decision:
1. Company Experience and Market Credibility
Choose a reputable company in 3rd Party Pharma Manufacturing. Go through how long they’ve been in business, who their type of clients are, and their image in the market.
- See their online reviews and feedback.
- Talk to current clients, if possible.
- Inquire about their most successful partnerships.
- Certifications and Compliance
A genuine Third Party Pharma Company must be compliant with prominent certifications such as:
- WHO-GMP (World Health Organization – Good Manufacturing Practices)
- ISO 9001:2015
- DCGI approvals
- FSSAI license (for nutraceuticals and food-based supplements)
These are a sign of quality assurance and international standards of production.
- Range of Products Offered
Your partner must have a large range of products such as:
- Tablets, Capsules, Syrups
- Injectables, Ointments
- Softgels, Nutraceuticals, Ayurvedic
- Specialty segments such as derma, pediatric, cardiac, diabetic, etc.
This gives you the flexibility to add more and more products under one roof.
- Manufacturing Capacity
Evaluate the Third Party Medicine Manufacturer’s manufacturing capacity. This entails:
- Daily or monthly capacity
- Manufacturing line count
- Level of advanced technology and automation
This will ensure they can efficiently fulfill your future scaling needs.
- Quality Assurance and Control
Quality medicine is not a compromise. Opt for a Pharmaceutical Third Party Manufacturing company that possesses:
- In-house quality test laboratories
- Regularity in audits and batch inspection
- Transparency in quality control processes
Request them for their SOPs (Standard Operating Procedures) and quality checks throughout the production process.
- Packaging and Labelling Standards
Your product’s appearance says a lot. Choose a company that provides:
- Glamorous, tamper-proof packaging
- Custom labelling as per your brand guidelines
- Compliance with government regulations for packaging (MRP, batch no., expiry, etc.)
Professional packaging adds to product appeal and legality.
- On-time Delivery and Supply Chain
Delivery delays hurt your market reputation. Your 3rd Party Manufacturer must ensure:
- Timely sourcing of raw materials
- Efficient manufacturing cycles
- Timely dispatch and transportation
Verify their logistics support and turnaround time (TAT) for batch deliveries.
- Minimum Order Quantity (MOQ)
Most startups or small enterprises are hindered by high MOQs. Find a Third Party Manufacturing partner who:
- Provides flexible MOQ according to your needs
- Has pilot batches and sample-making support
This is particularly critical while introducing new products or conducting market trials.
- Clear Agreement and Documentation
Third Party Pharma Companies are transparent in legal contracts, which must contain:
- Product list and formula
- Quantity and price
- Delivery schedule
- Payment conditions
- Intellectual property protection
Always have a legally enforceable manufacturing contract to protect your company interests.
- Client Support and Responsiveness
Customer support is vital. Select a Pharma Third Party Manufacturing Company that provides:
- Fast communication
- Adequate periodic updates regarding production status
- Regulatory document support (e.g., COA, MRP fixation)
Good support translates into fewer headaches for you as a brand owner.
Questions to Ask Before Finalizing a 3rd Party Pharma Manufacturing Partner
- What are your certifications and licenses?
- Can you provide some client references?
- How long does it typically take for you to complete orders?
- Do you provide custom packaging solutions?
- What is your pricing structure and are there hidden fees?
These questions assist in understanding the company’s transparency and trustworthiness.
Conclusion:
Selecting the appropriate Pharma 3rd Party Manufacturing company is not supplier searching; it is an exercise in looking for a long-term business partner. A reliable Third Party Pharma Manufacturer can assist you in establishing your brand, adhering to the standards, and propelling your business. Be particular about credentials, manufacturing greatness, product diversity, and open communication in selecting.
Related Blog Post: What is Third Party Manufacturing and How Can It Benefit Your Pharma Business?