broad opportunities for pharmacists
DESCRIPTION
TRANSCRIPT
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
MARKET
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.
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
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
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
Growth in Indian Domestic MarketRe
venu
e in
US$
Bill
ion
R&D
Dynamic Continuum of Drug Discovery
Distribution of Jobs in Pharma R&D
In addition, there are almost equal number of jobs in production, marketing & sales, supply chain, field….
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
In the Eyes of Int’l Customers
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• ……..
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!! !!
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• …..
You also need
• A good mentor• Good friends and
colleagues• Good sense of
humour (all science graduates need that)
• Good spouse• Good luck!!
Thank You Very Much