Traditional Culture Encyclopedia - Traditional customs - What does veterinary drug OEM mean?

What does veterinary drug OEM mean?

Veterinary drug OEM means that a veterinary drug manufacturer produces its own products, and then sticks another company's brand logo on the products, which becomes the company's "OEM product" sales. This industrial form belongs to the power generation industry, which not only reduces the production cost and risk of enterprises, but also shortens the time to market of products.

The advantages of OEM processing of veterinary drugs lie in reducing the production cost, shortening the time to market, avoiding the pressure of sales channels, increasing the income of enterprises and expanding the market attention and reputation.

However, there are some shortcomings in veterinary drug OEM, such as losing control of the brand and transferring brand awareness to other enterprises, and there may be negative effects such as plagiarism and counterfeiting, which will affect product quality and safety.

At present, veterinary drug OEM has become one of the common OEM modes, and there is quite a market in the veterinary drug industry. Many veterinary drug enterprises choose to enhance their competitiveness through OEM, so as to gain greater market share. With the increasingly fierce market competition, veterinary drug OEM will also usher in new development opportunities and challenges, and the industry may continue to develop in a more professional, branded and scientific direction in the future.