Third Party Manufacturing in India and its Benefits | Saturn Formulations

Third Party Manufacturing (TPM) is a business model that helps to outsource the production of goods to an external manufacturer. Third party manufacturer is also known as a contract manufacturer which takes care of design, development, and production of the product, as well as for manufacturing best quality products and delivering them on time set by the client.

The Pharma third party manufacturing model is generally used by the companies who do not have their own manufacturing facilities or team of experts to produce their own goods. By outsourcing you can focus on their core competencies that include product development, marketing, and sales while outsourcing the manufacturing process to a specialized manufacturer. This can save time and money, as they do not have to invest in expensive equipment and facilities, or hire and train your manufacturing staff.

Additionally, Third Party Manufacturing in India is also beneficial for small and medium-sized businesses, as it also allows them to access the economies of scale and resources of larger manufacturers. It also provides access to the latest technologies and capabilities that would otherwise be unavailable or cost-prohibitive in smaller companies. 

Benefits of Third Party Manufacturing

There are many benefits of choosing Third Party manufacturing services from Saturn formulations for your company. Some of them are:

• Cost Savings: Third Party manufacturing is a cost effective option for your company as you do not have to invest in the infrastructure, equipment, and hire a team of experts for in-house manufacturing.
• Scalability: As a leading Third Party manufacturer in Pharma Company we have the capacity to handle large-scale production runs that are beneficial for your company that experiences fluctuations in demand.
• Access to specialized expertise: We have a team of experts in a particular type of manufacturing that is beneficial for your company to meet the demand of clients.
•  Flexibility: Pharma Third Party manufacturing allows companies to work on their core competencies and other activities to increase the growth of the company.
• Quality control: We have a strict quality control process in place to make sure that the product manufactured is of best quality and meets the quality standards.
• Faster time to market: We help your company to launch your products to market faster, as they have experience and resources to handle the manufacturing process efficiently.
• Risk management: With contract manufacturing you can reduce the risks connected with manufacturing that includes supply chain disruptions, and regulatory compliance.
• Focus on core competencies:  By outsourcing manufacturing you can manage your core competencies rather than worrying about the manufacturing process that can help you to grow your business at a faster rate.

Why Saturn formulations are the best third party manufacturing company in India?    

Saturn formulations are a leading company for third party manufacturing in the pharmaceutical industry due to its quality of products, cost-effective labor, raw materials, and favourable government policies. We have a team of experts who are well experienced in pharmaceuticals that make us a hub and perfect choice for contract manufacturing.

With our Third Party manufacturing in India we offer a wide range of services that includes formulation development, analytical development, clinical trial supplies, registration, and manufacturing of different dosage forms such as tablets, capsules, soft-gel capsules, high-class injectables, syrups/dry-syrups, Ointments, creams, and many more. We follow the international standards such as GMP and WHO-ISO.

We are the best Third party Manufacturer in India and major exporter of pharmaceutical products and have partnership with companies around the world and have a proven track record of supplying high-quality products.

We have the latest equipment, required infrastructure, quality standards, regulations and capability to deliver the bulk order as well so you can trust us for getting the best product for your company.

Documents required for Third-Party Manufacturing

The documents required for a third party manufacturing company can vary depending on the type of product to be manufactured and regulations in the country. Some of the common documents required are:  

• Manufacturing agreement: This document outlines the terms and conditions of manufacturing agreement between you and us, including the scope of work, timeline, and pricing of product.
•  Product specification sheet: With this document it specifies the product ingredients, packaging requirement and labelling information.
• Quality Agreement: The quality standards and expectations for the products are specified in quality agreement which includes testing protocols and quality control measures to be followed.
• Certificate of Analysis (COA): These documents provide detailed information about the quality and composition of the raw materials and finished products.
• Good Manufacturing practices (GMP) certificates: This document shows that we follow the regulations and guidelines for GMP practices.
• Regulatory compliance document: With this particular document it is proved that all regulations and guidelines are followed that are compiled by the country.

Terms and conditions:

We accept orders via hard copy or soft copy through an authenticated mail. In order to process the Pharma Third party manufacturing 50% advance payment is mandatory. The balance can be paid once the final order is dispatched. While choosing a third party manufacturing company in India credit limit is raised that depends on previous transactions and credit history.

Costing for Third Party manufacturing:

• Batch charges
• Cost of packaging material
• Manufacturing charges
• Cost of raw material
• Taxes
• Transit insurance
• Loss during manufacturing process
• Transportation