What is a Pharmacy?
Pharmacy is the science and practice of discovering, producing, preparing, dispensing, reviewing, and monitoring medications, aiming to ensure the safe,
effective, and affordable use of medicines. It is a miscellaneous science as it links health sciences with pharmaceutical sciences and natural sciences.
Requirements For Opening Up A Wholesale Pharmacy In Uganda
1Apply for a license to operate a pharmaceutical business. language.
2Notification of receipt of application.
3Submit application documents. language.
4Pay for inspection.
5Inspection of premises.
6obtain suitability certificate and license to operate.
How much does it cost to start a wholesale pharmacy in Uganda?
Be ready to spend Sh 400,000 to Sh 2,000,000 on-premises depending on location and size. Location size/Area:
A minimum area of 10 square meters is required to start a medical shop or pharmacy or wholesale outlet. In case, the pharmacy business combines retail and wholesale, a minimum of 15 square meters is required.
What is the biggest wholesale pharmacy in Uganda?
Joy Pharmacy, Sseguku Uganda
Address: 145 Kampala – Entebbe Rd, Kampala, Uganda
Hours: Open ⋅ Closes 11 pm
Phone: +256 706 146858
Supermedics pharmacy
Address: William St, Kampala, Uganda
What is a good profit margin for a pharmacy?
Some experts say a pharmacy’s profit margin shouldn’t be less than 25 percent. And you could be earning far more than that.
How do pharmacies make money?
A pharmacy’s revenues come from prescription drugs, over-the-counter products, vitamins, cosmetics, groceries, and other merchandise.
A typical independent pharmacy generates more than 90% of its revenues from prescriptions.