broad opportunities for pharmacists

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Broad Opportunities in Pharmacy Career Dr. Bhaswat S. Chakraborty Sr. VP & Chair, Science Core Committee, R&D Cadila Pharmaceuticals Ltd. Presented at Nirma University on May 24, 2014

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Page 1: Broad opportunities for pharmacists

Broad Opportunities in Pharmacy Career

Dr. Bhaswat S. ChakrabortySr. VP & Chair, Science Core Committee, R&D

Cadila Pharmaceuticals Ltd.

Presented at Nirma University on May 24, 2014

Page 2: Broad opportunities for pharmacists

MARKET

Page 3: Broad opportunities for pharmacists

Global Pharmaceutical Market

• The global pharmaceutical market research has been done by many companies– All indicate a significant growth of pharma market

in 2014-2020. – The forecasting indicates pharmaceutical market

growth of about ~6% in 2014-2018. – >$1.4 Trillions USD– Expected to grow at a 4 - 7% compound annual

growth rate (CAGR) through 2018.

Page 4: Broad opportunities for pharmacists

Global Top 20 Pharmaceutical Companies

Rank Company Revenue in $ Million(2010)

01 Johnson & Johnson 61,897

02 Pfizer 50,009

03 Abbott 30,764

04 Merck & Co. 27,428

05 Eli Lilly & Co. 21,836

06 Bristol-Myers Squibb 21,634

07 Amgen 14,642

08 Gilead Sciences 7,011

09 Mylan 5,093

10 Genzyme 4,516

Page 5: Broad opportunities for pharmacists

Indian Pharmaceutical Market• 3rd largest (after US and European) generic market in volume,

14th in value– India currently holds only ~2% share, but it has been growing at

approximately 10% per year

– India is a leader in generic drugs and active pharmaceutical ingredients (API)

– Now seeking to become a major player in outsourced clinical research as well as contract manufacturing and research

– There are ~100 U.S. FDA-approved manufacturing facilities in India, more than in any other country outside the U.S

– In 2010, almost 30% of all Abbreviated New Drug Applications (ANDA) to the FDA have been filed by Indian companies

– India’s share of the global generics market is ~33% now

Page 6: Broad opportunities for pharmacists

Top 10 Pharmaceuticals in India, as of 2010Rank Company Revenue 2010

(Rs crore)Revenue 2010 (Rs billion)

1 Cipla 4,198.96 41.989

2 Ranbaxy (Taken over by Daiichi Sankyo in 2008) 4,162.25 41.622

3 Dr. Reddy's Laboratories 3,763.72 37.637

4 Sun Pharmaceutical 2,463.59 24.635

5 Lupin Ltd 2,215.52 22.15

6 Aurobindo Pharma 2,081.19 20.801

7 GlaxoSmithKline Pharmaceuticals Ltd 1,773.41 17.734

8 Cadila Healthcare 1,613 16.13

9 Aventis Pharma Limited 983.80 9.838

10 Ipca Laboratories 980.44 9.8044

Page 7: Broad opportunities for pharmacists

Growth in Indian Domestic MarketRe

venu

e in

US$

Bill

ion

Page 8: Broad opportunities for pharmacists

R&D

Page 9: Broad opportunities for pharmacists

Dynamic Continuum of Drug Discovery

Page 10: Broad opportunities for pharmacists

Distribution of Jobs in Pharma R&D

In addition, there are almost equal number of jobs in production, marketing & sales, supply chain, field….

Page 11: Broad opportunities for pharmacists

Where would Pharmacists fit in Industry?

• Almost anywhere in Pharmaceutical Industry– Discovery– R&D– Production– Marketing and sales– Administration– Consultancy– Regulation & policy making– Pharmacy outlets– entrepreneurs– ……

• In Academia, Government, Banking, Finance, IT, HR, Community wholesales, as consultants or principal participants

Page 12: Broad opportunities for pharmacists

In the Eyes of Int’l Customers

Page 13: Broad opportunities for pharmacists

Professional Roles: Example Clinical Trials• Principal & co-investigators• Clinical (medical ) investigators• Regulatory and Ethics Submissions / Feasibility Specialists • Clinical Trial Assistant (CTA) / Clinical Trial Coordinator (CTC) • Clinical Research Associates (CRA) – from entry level trainee to senior

level jobs • Clinical Project Manager (CPM), Clinical Study Managers, Clinical Trial

Managers (CTM) • Clinical Contract Associate / Manager • Clinical Operations Managers • Clinical Research Scientist, Clinical Research Manager • Clinical Program Managers • Clinical Associate Director, Clinical Directors• Bioanalysts• Biostatisticians• Trial Managers• Top management• ……..

Page 14: Broad opportunities for pharmacists

So..• There are jobs and plenty of them (about 12-20,000 new jobs

per year)

• In all disciplines within Pharmacy and allied professions

• In all roles

• Some years, there may be more demand of fresh graduates than others

• Some years, the average benefits offered by employers may be more attractive

• On an average there is always a continuity of opportunities

• Remember, without you pharma industry cannot be run!! !!

Page 15: Broad opportunities for pharmacists

In Addition to Good Marks

• You need– Ability to apply the knowledge that you have or

acquire on the spot– Skills• Team playing (most important)• Communication• Leadership• Relational• Stress management• …..

Page 16: Broad opportunities for pharmacists

You also need

• A good mentor• Good friends and

colleagues• Good sense of

humour (all science graduates need that)

• Good spouse• Good luck!!

Page 17: Broad opportunities for pharmacists

Thank You Very Much