In the pharmaceutical and medical device industries, the term “Loan Licence” refers to a manufacturing arrangement in which one company (the Licensor) grants permission to another company (the Licensee) to use its facilities, processes, and technology to manufacture a product.
A licence may be required by medical device manufacturers who intend to sell or distribute their products in a new market but do not already have a physical presence there or established distribution channels.
A loan license allows the manufacturer to grant a temporary license to a third-party distributor or importer, who will then distribute the medical device in the authorized region. This can be an attractive option for manufacturers who want to test the market before investing in a more permanent presence or for those who are looking to expand their reach without committing to a long-term investment.
Class Of Device |
Form Type |
Licensing Authority |
Class A & Class B | MD-4 form & granted in MD-6 | State Licensing Authority |
Class C & Class D | MD-8 & granted in MD-10. | Central Licensing Authority |
Class of device |
Description of manufacturing
|
Fees |
Class A & Class B | One site | ₹5000 |
Each distinct medical device | ₹500 | |
Class C & D | One site | ₹50000 |
Each distinct medical device | ₹1000 |
Constitution of the firm
It takes approx 90 to 120 working days.
[vc_row][vc_column][vc_row_inner][vc_column_inner el_class=”custserv” width=”1/2″ offset=”vc_hidden-xs”][vc_single_image image=”1592″ img_size=”full” alignment=”center”][/vc_column_inner][vc_column_inner width=”1/2″][vc_raw_js]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[/vc_raw_js][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row]