I want to discuss and take a suggestion. I started my pharma business. I am getting my own medicines/brands manufactured by a company in Chandigarh, which has its manufacturing unit in Himachal and Haryana. They will manufacture, pack (in selected quality packing-paper, design, color, font & size) and dispatch goods after balance payment. I found that almost all the companies involved in such business are not working on contracts/agreement. its a verbal practice. I want to avoid complications and have prepared an agreement myself.
I finalized everything with this company (COMPANY-A) as there prices are suitable. Few days back I came to know that they will get my order manufactured by COMPANY-B. Kind of outsourcing...which I am comfortable with. I will be signing the contract with COMPANY-A, paying the cost to COMPANY-A.
* As per Drug Act on the manufactured products it is written "Manufactured by ABC pharma" and "Manufactured for XYZ pharma"
Now the actual manufacturer (COMPANY-B) has not done agreement with me.
COMPANY-A has done agreement but has not manufactured my products.Plz let me know how to do an agreement? Shall I add something in the agreement to safeguard my interests?