Meaning of PCD pharma franchise

Pharma franchise is a business concept in the pharmaceutical industry that involves granting permission to individuals or organizations to sell products under an established brand. In this arrangement, the company offering the franchise (franchisor) provides a range of pharmaceutical products and support to the person or organization receiving the franchise (franchisee). The franchisee operates as an independent entity but benefits from the reputation and product line of the franchisor. In exchange, the franchisee pays a fee or royalty to the franchisor. The pharma PCD franchise model offers a simplified pathway for individuals or organizations to enter the pharmaceutical market with a recognized brand, established products, and ongoing support. It’s a mutually beneficial partnership where the franchisor expands its market reach while the franchisee gains access to a proven business framework.