How profitable is Jan aushadhi?

Profits and Incentives If your PM-JAY Kendra is connected to the BPPI systems, you can get up to a maximum of Rs 2.5 lakh of incentives annually. This is calculated 15\% on the monthly sales of your store with an upper ceiling of Rs 10,000.

What is the medical shop profit margin on medicines in India?

Retail medical shop profit margins range from 5\% to 30\%. There are different margins for each type of product, such as profit margins for trapped products, generic medicines, OTC (over-the-counter) medicines, branded prescription products. After this whatever discount you provide which can be from 5\% to 20\%.

What is the profit margin in generic medicine?

Retail Pharmacy and Medical Store Business Profit Margin A retailer/Pharmacy margin is approx. 16-22\% percent at branded medicines and 20-50\% at generic medicine.

How is the quality of Jan Aushadhi medicines?

The quality, safety and efficacy of medicines are ensured by getting each batch of medicines procured from CPSUs as well as private suppliers tested from NABL approved laboratories and conforming to the required standards before the same are supplied to Super stockists /Pradhan Mantri Bhartiya Janaushadhi Kendras from …

Is generic medicine business profitable?

She said retailer margin for five branded medicines they studied was in the range of 25\%-30\%, but for their branded-generics version manufactured by the same company it was in the range of 201\% -1,016\%. “In India, there are very few innovator or patented products.

How much is a margin in medicine?

According to the official, chemists and wholesalers often charge 400-500\% margin on medicines which are already exorbitantly priced.

Is generic medical store profitable?

She said retailer margin for five branded medicines they studied was in the range of 25\%-30\%, but for their branded-generics version manufactured by the same company it was in the range of 201\% – 1,016\%. But doctors say all generic drugs sold under different name do not have similar quality.

Why Generic medicines are cheap in India?

In the post-expiry phase, other drug-makers may manufacture the same drug and sell it under an international nonproprietary name – typically at a lower cost. Because generics break this affordability barrier, Indian law allows doctors to prescribe generic drugs to patients and for pharmacies to sell them.