How to Obtain a Loan License for Drug Manufacturing in Delhi
Introduction
Obtaining a loan license for drug manufacturing is a critical step for pharmaceutical companies looking to produce drugs without owning a manufacturing facility. This guide provides a comprehensive overview of the process for obtaining a loan license for drug manufacturing in Delhi.
What is a Loan License?
A loan license allows a pharmaceutical company (the licensee) to use the manufacturing facilities of another company (the licensor) to produce drugs. This arrangement enables companies to manufacture drugs without investing in their own production facilities, thereby reducing costs and accelerating the time to market.
Benefits of a Loan License
Cost Savings
A loan license eliminates the need for significant capital investment in manufacturing infrastructure, allowing companies to allocate resources to other areas such as research and development.
Flexibility
This arrangement provides flexibility for companies to scale production up or down based on demand without the burden of maintaining a manufacturing facility.
Benefits of a Loan License
Cost Savings
A loan license eliminates the need for significant capital investment in manufacturing infrastructure, allowing companies to allocate resources to other areas such as research and development.
Flexibility
This arrangement provides flexibility for companies to scale production up or down based on demand without the burden of maintaining a manufacturing facility.