Arjundesh Pande a rising young entrepreneur of India, he is 17 year old and ,he is a founder of Generic Adhara pharmaceuticals start-up company.
this is the cover story of many big media houses about there start-up and he went many events (TEDx, BBC news,etc,) to cover up the idea of there pharmaceuticals company.
In 21st century a high quality and good standard medicines is impossible to buy at affordable prices.
This is the main problem point of Arjun desh pandey why people of India can’t afford inexpensive medicines.?
by finding the solution of this problem he made a start-up GENERIC PHARMACEUTICALS company which provide medicines at cheaper rates.
GENERIC ADHARA PHARMACEUTICALS:
This is the company which is started by young entrepreneur and business man Arjun desh pande .
it is the pharmaceuticals company where you get high quality medicines,with certified approval of WHO-GMP( WORLD HEALTH ORGANISATION – GOOD MANUFACTURING PRODUCTS).
The best thing about this startup is that it provide affordable medicines to all the people of country at cheaper rates.
why getting so expensive medicines ?
Arjun tells in there many interviews that when he went with her mother in many other countries like China, Vietnam,and USA.(his mother working in international pharmaceuticals company).
he used to talk with many employees of pharmaceuticals company that why Indian medicines are so expensive ? and in return Arjun get reply this is happened because of branding company.
which means many company uses marketing tools to sell there medicines which increase the cost of medicines and this directly impact on Indian middle class consumer.
And because of these middle man, the cost of medicines are so high that can not affordable by 60% people of India (as per survey).
BUSINESS MODEL OF COMPANY:
Company having a strong business model which leads to RATAN TATA to invest in his company which is a very big thing for a teenager who crack a big deal with a renowned industrialist of our country.
Company having simple business model which deals with the retailers of medicines, generic pharma directly provide medicines to these retailers and these retailers directly sale the medicines to consumer.
By this way they can reduce the expenses of middle man or branding the product and this way a middle class consumer gets affordable medicines.
These medicines are approved by government of India and after approving they are ready to sell in the medical stores.
TRANSFORMING LIVES OF MANY SMALL RETAILERS :
Generic pharma made a change in the lives of small retailers by providing direct supply of medicines,there business transform as you can see above ,earlier they having simple medical shop and now they converted this shop in generic pharma medical shop ,which gives them feeling of brand name.
This company tied up with 30 retailers in Mumbai, Pune ,Bangalore, and, Odisha following a profit sharing business model.
Aim of company to provide low cost medicine to all senior citizens of India which are required on a daily basis.
REVENUE GENERATION AND OPPORTUNITIES FOR YOU:
Generic pharma is a growing company which having a very good revenue in starting year company about 6 crore and company plans to increase there revenue by next three years about 150-200 crores.
Company growing at very fast rate so there are various opportunities for you as a medical store owner or as an investor.
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opportunities for retailers:
company plans to expand there business and for this they decided to do partnership with 1000 of medical store owners , if you want to take advantage of this opportunities then you can contact with the team of generic pharma and registered as a franchise owner.
this branding of company helps you to engage more number of customers for your business and by this way you can generates more income .
opportunities for investors:
there are very high chance that in upcoming years company announce there IPO(initial public offering)in stock market.
the reason behind this prediction is that it is a growing company and in upcoming years it will going to expand there business so for expanding there business they need more funds and for this purpose company can be listed in stock market.
this is the very big opportunity for all investors to fetch the stock at low price and get a very high returns in future.
so,investors keep your eyes on generic pharmaceuticals when it will announce there IPO.
CONCLUSIONS:
- THIS ARTICLE IS REALLY HELPFUL FOR THOSE WHO WANT TO BECOME BUSINESSMAN IN FUTURE .
- THIS GIVES YOU COMPLETE PICTURE OF HOW YOU WILL TAKE THE ADVANTAGE OF GENERIC PHARMACEUTICALS?
- IF YOU ARE A INVESTOR THEN YOU HAVING VERY GOOD OPPORTUNITY.
Great Ideas Can Change The LIVES ... 