Joint Venture:Establishment of a new entity in an agreed region by both parties’ contributing equity with the aim of Quick market penetration & Increment of profit by Decrement of risks. This model is one of the most powerful tools for being successful in today's competitive business atmosphere. Even the joint venture can create a separate business entity, to which the owners contribute assets, have equity, and agree on how this entity may be managed. The new entity may be a corporation, limited liability company, or partnership. Main advantages of this model is capturing an eye-catching market share along with income through leveraging the market by using abilities & relationships of the host company from the first entrance stage with the lowest risk & cost.
Strategic Alliance:Setting up a formal relationship & cooperation between two parties to meet a critical business need & make a synergy with maintaining both parties’ independency. Each partner hopes that the benefits from the alliance will be greater than those from individual efforts. Main characteristics:
• High level of transparency between partners
• Common long-term strategy and goals
• Pooling/sharing ideas
• Increased business opportunities and reach
• Greater service capabilities, focus on adding value
• Executive and senior management exchange
Franchise & licensing :
Under license manufacturing of specific drugs’ dossiers with the aim of own portfolio enhancement. Faran Shimi Pharmaceutical Co. is seeking to rapidly expand its product portfolio in the Iran & Region market. And in this regard, we will consider in-licensing or any other partnering opportunities. Therapeutic categories of primary interest include Addiction Treatment, pain management, Bio-Similar Medictions, although we will consider other opportunities outside of these mentioned areas.
Granting own developed dossiers Faran Shimi Pharmaceutical Co. is working to expand its global strategic marketing partnerships for products developed-in house. In this regard, we are ready to grant our Know-How, Experts & Expertise.
Mutual Co-operation in regard with Sales & Distribution of parties’ products in order to market expansion. With reference to our effective relationships in Iran market & also strong & vast distribution fleet & network all over Iran which is providing excellent geographic coverage, we are ready to make a distribution contract with well-known international companies with an interesting & valuable portfolio. Vice-versa, we are looking for a strong international distributor or wholesaler who is authorized for working on specific & Narcotic products.