Every leading pharmaceutical company in the pharmaceutical industry has the majority of their manufacturing either inhouse or allocated to the outsourcing partners and pharmaceutical contract manufacturers as well as exporters. Although outsourcing from local pharmaceutical manufacturers is very common due to trust factors and ease of communication, there are many countries that prefer to import and outsource pharmaceutical products from countries like India. The fact is outsourcing from Indian pharmaceutical contract manufacturers has been very advantageous to many countries like Venezuela, Dominican Republic, African countries and so on. The myths that still exist in some chunk of pharmaceutical companies are based on the wrong assumptions.
Assumption 1 : Importing is expensive
Reality : Quite budget friendly and affordable
When it comes to big pharmaceutical companies where production occurs in massive quantities for multiple clients, outsourcing from contract manufacturers and importing pharmaceutical products eases the production, reduces the production costs and time and positively impacts the growth. Moreover, outsourcing pharmaceutical manufacturing from foreign countries can be highly affordable due to differences in currencies and labor costs. The other big advantage of importing from countries like India is the cost competition among the India pharmaceutical manufacturers. There are numerous pharmaceutical contract manufacturers in the market and hence a high competition in terms of providing pharmaceutical product quality, range and costs. Therefore, it is rather affordable and profitable to import from foreign countries than to manufacture locally.
Assumption 2: Quality Compromise
Reality: Wide range of high quality Pharmaceutical products
Pharmaceutical companies that usually outsource only from local manufacturers have the misconception that the pharmaceutical products are compromised in quality if the manufacturing locations are in foreign countries or at a long distance. It is rather the lack of trust that creates the opinion that is quite different from the fact that the distance does not decide the quality of products manufactured. The costs associated for accomplishing the manufacturing and export and the price paid by the client decides the product quality. In fact certain countries do provide very fine quality pharmaceutical products at very competitive prices when compared to local vendors. It is indeed a win-win situation for the pharmaceutical companies that outsource from Indian pharmaceutical contract manufacturers and exporters.
Assumption 3: Distance equals no customer support
Reality : Always supportive in every way
Another common misapprehension for Indian pharmaceutical contract manufacturers or any other foreign pharmaceutical outsourcing partner is the fear of lack of communication, transparency and responsiveness. It is rather the opposite. Many pharmaceutical companies that are already outsourcing from India, have had a better experience with the Indian pharmaceutical manufacturers in terms of communication, customer support, response to the customer queries and so on. Due to high competition among the pharmaceutical manufacturers in India, each firm strives hard to support the customers in the best possible ways to earn their loyalty.
Assumption 4: Customization issues & order inflexibility
Reality : More options for customizations
The pharmaceutical manufacturers in India possess high tech R&D and certified manufacturing facilities that can accomplish all sorts of manufacturing processes of a wide range of pharmaceuticals. While these pharmaceutical contract manufacturers hold expertise in certain kinds of generic medicines, they provide excellent customizations for the same products in the market as per client’s requirement and respective countries’ regulations. There are many such pharmaceutical manufacturers and exporters looking for opportunities to export globally, and hence they are extremely flexible and can provide advanced customizations for their foreign clients.
Assumption 5: Uncertified facility , documentation issues, delayed deliveries
Reality: End to end services, formulations to on-time delivery with clear documentations for exports
There are plenty of options among the contract manufacturers to choose from who ensure all the necessary documentation and transportations until the products are safely exported to the destination. Top Indian pharmaceutical manufacturers provide end to end services, from formulations to manufacturing as per guidelines and regulations, to complete documentations and export. On-time deliveries, transparency, complete customer support, quality assurance and export documentations are some of the strengths and major unique selling points of the top pharmaceutical contract manufacturers and exporters in countries like India.
If you are looking for a pharmaceutical outsourcing partner in India or pharmaceutical manufacturer and exporter in India, Aidotick Pharmaceutical is just the right company for all your pharmaceutical manufacturing and exporting needs. With the promise of finest quality of pharmaceutical products, Aidotick pharma guarantees to offer the best pricing compared to other manufacturers and a complete formulation to documentation and delivery along with a dedicated support team. To know more about the product list, manufacturing facilities, processes and the countries we export to, visit us on https://aidotickpharma.com/.
