NEED FOR EMBASSY ATTESTION FOR IMPORT PURPOSES

Indian Medicine Industry is a high yielding market producing a superior quality of drugs for a global usage. Indian Pharma market is also known as one of the fastest growing market all over the world. In the past decade there has been a massive development which  seen in the globalization of the pharma industry. Indian pharma industry is facing a huge challenge for penetration due to this globalization. There are a number of reasons which makes it comparatively difficult for the new pharma company’s to establish their presence in the market. Challenges like Competition from Generics, High Health care cost, increasing cost of Research and development, stringent price control etc. which is why more and more international companies are stepping into the Indian market. For establishment of a foreign company for introducing any new drug or test a NOC for Import is required.

There is a list of separate provisions involved in licensing for drug importation. This is because a particular drug  is used in varied quantity by various establishments like Testing & research institutes, Govt Hospitals, clinical researches etc . The Pharma Act of 1948 governs the pharma profession in India for domestic consumption.

For authenticating a drug in the market it becomes very important for any pharma company to get Embassy Attestation for the consumption of any drug. In the absence of this attestation it becomes extremely difficult for the company to penetrate as they don’t have any legitimacy or proof of authenticity attached with that new or improved drug.

In order to complete the vivid process of pharma regulation there are an array of Govermental organizations involved while getting an Embassy Attestation for Pharma Industry in Delhi. The various embassies have various rules and regulations which are to be followed for importing any pharma product. It involves a long and tiresome job of filling various documents and following a lengthy process. In order to ease this process RIHIM pharma has a team of trained professionals who are always on their toes to assist their client with each and every aspect of licensing processing involved.