Easily Get CDSCO Market Standing Certificate for Pharmaceuticals

Pharma companies try to obtain a market standing certificate for pharmaceuticals to prove the credibility of their business. Moreover, this document certifies the good reputation of the pharma company in the market. However, the application process is complex and tedious and requires supporting document preparation. Pharmadocx Consultants market standing certificate application service can make this process a breeze for you. Our comprehensive service will include document preparation and application support. With our support, you can easily secure the CDSCO market standing certificate.

Eligibility criteria for obtaining the CDSCO market standing certificate for pharmaceuticals:

• A valid CDSCO manufacturing license issued by the Central Licensing Authority (CLA) or State Licensing Authority (SLA) is required.
• The company must be actively manufacturing and selling the specific product in the Indian market for which it has applied for the MSC.

Issuing authority for the CDSCO market standing certificate

The authority (CLA or SLA) that had issued the CDSCO manufacturing license will issue the CDSCO MSC.

Validity of the MSC

The market standing certificate is valid for 1 year from the date of issuance or till the validity of the manufacturing license, whichever is earlier.

Supporting documents required for market standing certificate application

• A cover letter clearly stating the reason for applying for the market standing certificate for pharmaceuticals. The list of documents submitted, which should be indexed with page numbers. Also, any other important and relevant information may be highlighted in the letter. The authorized signatory should duly sign and stamp the cover letter. The cover letter should clearly mention the intent of this application. Additionally, the name and designation of the authorized signatory and the name and address of the firm should be stated.
• A valid copy of the CDSCO drug manufacturing license. Also, the approved product list issued by the CLA.
• The company must sign a legal declaration on a Rs 100 registered notarized stamp. The legal declaration should be stating that no legal action has been taken against the company. Also, it should state that the company has not been found guilty of market complaints, not of standard quality reports, and adverse events.
• List of products for which the market standing certificate for pharmaceuticals is being applied.
• Bills of entry and import information (if applicable) for the past 3 years for the particular pharmaceutical products.

Some additional documents that maybe required are financial statements, business licenses, tax returns, and customer and supplier reference letters. Additionally, some other regulatory approval documents and other supporting documentation may be required. For the complete list of documents, please contact us.

Furthermore, all the documents have to be complete and accurate and should be certified. Additionally, the documents should be arranged in a logical order. Thus, document preparation and compilation are an arduous task. Our team of experts can make this mammoth task very easy and streamlined for you.

What are the benefits of obtaining the market standing certificate for pharmaceuticals?

A market standing certificate for pharmaceuticals company has multiple benefits:

• Improved company credibility and reputation in the industry: The market standing certificate for drugs demonstrates the company’s good business status and reputation in the industry. Furthermore, this certificate enhances the company’s credibility and reputation among suppliers, investors, and customers. Additionally, it is a validation of the company’s financial stability and business performance.
• Increased business opportunities: To participate in certain government and public sector tender and contract bids, an MSC is mandatorily required. Moreover, an MSC makes it easier to secure loans from banks.
• Competitive edge: An MSC certified company has a competitive edge over non-certified companies when acquiring business opportunities.

Want to secure your market standing certificate in a hassle-free manner?

Reach out to us using the form below.

How can Pharmadocx Consultants market standing certificate application service help you?

We at Pharmadocx Consultants provide an all-encompassing service for CDSCO regulatory compliance in India. Our service ranges from licensing and certification to documentation and plant designing.

To prove the good business status and reputation of your company in the market, you will need a market standing certificate. This certification demonstrates a proven a track record of business performance. However, the application process is not simple. Navigating through this process may be difficult. Nevertheless, you need not worry. Market standing certificate for pharmaceuticals is our forte. Pharmadocx Consultants will be your trusted ally throughout the application process. We will support you in every step of the application process as well as take care of the document preparation. Our team will streamline the application process so that you can easily obtain the certificate.

Frequently asked questions on market standing certificate