What exactly does "Licenses" refer to on this platform?

In the context of 'synapse,' Licenses refer to the official business permits issued by national regulatory authorities (such as the Ministry of Health, Labour and Welfare in Japan or the FDA/EMA in other regions). These are mandatory for the proper and safe handling of pharmaceuticals and medical devices.

Systematic Understanding of Pharmaceutical Licenses

The distribution of pharmaceuticals is strictly regulated by law, requiring appropriate licenses based on the specific role of the business (manufacturing, importing, or selling). Key examples include:

• Wholesale License:

  Required for wholesaling pharmaceuticals to medical institutions or other authorized distributors.




• Manufacturing License:

  Required for the production or final packaging/labeling of medicinal products.




• Import License:

  Required to legally import pharmaceuticals from overseas and distribute them within a specific domestic market.




• Pharmacy / Medical Institution License:

  Required for pharmacies or hospitals to dispense and prescribe medications directly to patients.

Why is the submission of these licenses mandatory?

Because pharmaceuticals directly impact human life, global trade is legally permitted only between 'Authorized Entities' who possess valid qualifications.

By verifying that every user on 'synapse' holds the appropriate licenses, we ensure strict compliance with international laws.
This process is vital for:

• Preventing the infiltration of counterfeit medicines.

• Building a secure and transparent supply chain.

• Guaranteeing the integrity of the products being traded.