Generic Pharmaceuticals Company Seeking Loan in Delhi, India

- Business is involved in pharmaceutical marketing and distribution of 12 trademarked products in Bihar. We have a back-office team in Delhi which is our main office.

- We outsource the manufacturing process to 5 third-party manufacturers and stock the finished products at a rented storage facility in Bihar. We then sell the finished products to distributors and doctors.

- Products are FDA approved generic medicines and are trademarked under our brand.

- Business only caters to telephonic bulk orders from medical stores and doctors.

- We supply products in bulk to 10-15 distributors in Bihar, who further supply it to the medical stores, and directly sell to 70+ doctors.

- Promoter has 12+ years of industry experience.

- Currently, products are marketed and sold only in Bihar, but the promoter plans to expand pan India in the future.

- Business owned assets include the stock, computers, office furniture and equipment.

- Our sales were affected last year due to changing market conditions and we had to adapt to bring our sales back up.

12 medicines approved by the FDA and trademarked under our own brand: Pregnancy testing, pregnancy prevention, Vitamin & Potassium deficiency, anti-oxidants, and painkillers.

Rented main office in Delhi for the back-office team of 4 employees: 250 sq ft.

Rented a storage facility (120 sq ft) and an office (350 sq ft) in Bihar for the sales and marketing team.