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