Getting the national pharmaceutical regulatory agency (NPRA) license is more than just fulfilling a mere requirement. Although, there are reasons why you should get your license if you are doing business within the drugs and cosmetics products category. Please find the reasons why you need to get a license below;
The very first of the reasons is that it is required by the law of the land. It is backed by controls of Drugs and Cosmetics regulations of 1984. Getting the license shows you are a law-abiding citizen. If you are doing the business without the license, please note that you are breaking the law. That means you are a criminal.
Getting the license also shows that you are certified to carry out business transactions within the drugs and cosmetics products category based on your level of involvement. Without the certification, you are seen as an amateur even if you know all that is to be known.
Whether you are a manufacturer, importer, or wholesaler, getting a license is the leverage that will help to enhance your business. It reflects professionalism and quality for your business. The truth remains, if you are doing it right your product should be fully registered.
Also, it means your business has become a legal entity. That means it has an identity of its own backed by law. That identity is different from its owner's identity. It then means that the business can sue and as well be sued at a court of law. So, if the business gets into trouble, the business will bear its cross in its name.
With the registration and license, you can only deal with registered products. These are products that have been tested and trusted to be effective and harmless to people. This means you will become more careful to avoid your license being revoked.
If you are a manufacturer, getting a license and certification places your product in an advantaged position in the market. It means your product has been added to the catalog of tested and trusted products in Malaysia. If you don't get this, your business is illegal. So, why not prevent yourself from the wrath of the law.
Whether you are an importer, wholesaler, or manufacturer, getting yourself a license is part of the way to brand your business. In today's business world, business branding is essential if you intend to go far.
With the above-listed reasons, getting the national pharmaceutical regulatory agency (NPRA) license is not just a good idea but a necessary one to boost your business and enhance the chances of its survival. So, if you haven't gotten your license yet, this is the best time to begin the processing. And make your business stand out.
All you need to do is to log on to their website. Then navigate to the registration part of the website for your license. Fill out the form and make an online payment for the processing. I will advise you to take time to read through to know what they want to avoid rejection. The processing fee is nonrefundable.
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