This is where regulatory affairs come in.
“Regulatory Affairs Professional is the key link to distributing your drugs to world region.”
The Indian Pharmaceutical industry is one of the fastest growing industry in India, with aCAGR of over 13 % in last 5 years and it is expected to grow at a higher rate in coming10 years. It is valued at $ 8.0 billion approximately and ranks 4
in terms of volume and13
in terms of value globally.With such a high growth rate and rapid globalization there is a substantial need forhighly trained professionals ready to perform the work required within this specializedindustrial sector who will keep updates with regulatory law, policies and procedures forone or more product lines as well as maintain an understanding of the scientific andtechnical background of new products.The increasing graph of the global companies’ setup in India demands the trained andskilled professional on a
, looking back for past few years rise insalary is multiplying.There is a widening gap of rising demand and too few skilled human resource, this hasseen a 50 % zoom on average in salaries for skilled manpower specifically in CROsector alone. On an average there has been over 30% rises in salaries inPharmaceutical Sector.Research & Development activity in the Pharma sector is seeing a rapid growth and thisgrowth is only poised to increase the need for skilled manpower and higher pay scale toretain the skilled.
Regulatory Affair Pathway :-
Regulatory Affairs Career Models/Pipeline0-2 Year’s Experience 2-5 Year’s Experience 5-15 Year’s ExperienceRegulatory AffairsExecutive, RegulatoryAffairs Officer, RA Officer(Production), Officer QualityAssurance,B Pharm/ M Pharm/Graduate/post-Graduate(Chemistry)Manager RegulatoryAffairs, Project Manager.Quality Assurancemanager.CEO, General ManagerRegulatory Affairs,Administrative RegulatoryAffairs, Heads project,Technical Director,Consultants.