“The Indian pharmaceutical industry is a success story providing employment for millions and ensuring that essential drugs at affordable prices are available to the vast population of this sub-continent.”
-Richard GersterThe Indian Pharma Industry has been growing at a rapid space in the last 4 -5 years, according to a McKinsey Report India Pharma 2015 the industry is expected to grow at a CAGR of 16% for the period of 2007-2011.
The growth and development of Indian Parma industry has seen India on the world map, today India has gained the reputation of producing high quality low cost generics.
Indian Pharma Industry has more than 20,000 registered units producing drugs. India also has the largest numbers of US FDA approved plants outside USA.
India has become the favored destination for all sought of Pharmaceutical activities, out of this Research & development and Clinical Research are the front runners.
This increase is Pharmaceutical activities has seen a major demand for skilled manpower to power this growing sector. It has opened different job profiles for aspirants who are looking for a career in the Pharmaceutical field. Aspirants Interested in R&D sector can work on drug discovery, development of new generic product, analytical R&D, API or Bulk drug, and formulation R&D. Drug delivery is also another area where aspirants can look into.
Regulation in Pharma Industry has been there for a long time now and it is getting stringent day by day and professionals how mange this regulatory affairs are growing in demand all over the world. With India’s increasing exports and growing domestic industry regulatory affair professional will be a key to any organization rapid growth.
Advantage of English Speaking Human resources and low cost R & D is seeing India the new hub for Clinical Research, many CRO are setting up their base in India as result the demand for trained & skilled manpower has risen up. Clinical Research professionals include Clinical Research Associates, Clinical Research Heads, Site Monitoring Officer, Regulatory Affairs Specialist, Regulatory Affairs Professionals and many more. To reduce this gap of skilled manpower institutes have come up to offer training in Clinical Research and GIRA i.e. Global Institute of Regulatory Affairs is one of its kind to train professionals in Regulatory Affairs in India.