Holding a pharmaceutical distribution license allows the company to offer any kind of product of this sort, from over-the-counter-drugs (medicine sold without any doctor’s prescription) to prescription drugs and antibiotics. The company better be free in the choosing of its suppliers, meaning, it allows the company the opportunity of purchasing pharmaceutical products from other countries, at much lower costs. The license authorizes the company to offer generic drugs. Some of the other advantages using that structure are: all nationalities accepted as directors or owners, basic due diligence requirements, quick approval, affordable registration fees, competitive renewal fees, operations can be carried out worldwide, no paid up capital required, etc.
In Panama there are many international Pharmacy corporations that have established their headquarters. The region, in specific Panama, offers legal and financial benefits.
The registration process is the following
If you are interested in, please contact ASG Legal S.A.