Sunday, 26 June 2016

What is Pharmacovigilance, career options. job description, prospects,pay-scale,growth prospect,

What is Pharmacovigilance?
Abbreviated as PV or PhV, Pharmacovigilance is the science relating to the detection, assessment, understanding and prevention of adverse effects, particularly long term and short term side effects of medicines.  Generally speaking, it is the science of collecting, monitoring, researching, assessing and evaluating information from healthcare providers and patients on the adverse effects of medications, biological, herbalism and traditional medicines with a view to:
  • Identifying new information about hazards associated with medicines
  • Preventing harm to the patients.
Why should students opt for Pharmacovigilance as their career options?
Pharmacovigilance is a great career option for life science and pharmacy graduates. It is a scientific discipline that is primarily concerned with reporting and analyzing of drug side effects. It is primarily due to the work of Pharmacovigilance professionals that the drugs in the market that we consume are mostly safe and those that are found harmful are taken off the market. Pharmacovigilance professionals continuously monitor the safety of the drugs in clinical trials as well as the drugs already being sold in the market. After a drug side effect is reported, the Pharmacovigilance professionals enter the event in relevant databases, follow up with the case to gather more information and forward these reports to regulatory authorities and other applicable bodies. The Pharmacovigilance professionals identify signals in data that may point towards a potential side effect and probe the case further.
About a career in drug safety or Pharmacovigilance
Those seeking a role in drug safety or pharmacovigilance should hold a life sciences degree or a nursing, pharmacy or medical degree. There are also postgraduate courses that could be of benefit to a candidate seeking a role in this sector, such as a Master in Pharmacovigilance.
This course covers a variety of important aspects of the career, including reporting, report writing, signal detection and risk management, as well as providing a thorough understanding of the regulatory bodies around the world.
For anyone looking to find a job in pharmacovigilance or drug safety, previous experience in the industry is of great value. Alternatively, a clinical background and first-hand experience with adverse reactions can be advantageous so nurses and pharmacists can also be attractive candidates.  
A career in drug safety and pharmacovigilance will generally start with a position as a drug safety associate, officer, scientist or coordinator. Responsibilities will then progress to senior specialist or management roles, often with an in-depth knowledge of a specialty area, such as medical writing, auditing, medical affairs or quality assurance.
Finding a pharmacovigilance job or drug safety position abroad can also be a great opportunity for those seeking a career in this sector and opportunities are prevalent, although generally in the larger companies.
How has the sector fared so far?
Setting up of stringent laws by regulatory bodies (e.g. US-FDA, DCGI, EMEA etc.) has led to the adoption of a systematic Pharmacovigilance framework worldwide. This in turn had led to the creation of large number of jobs pertaining to this field.
Worth of Pharmacovigilance market worldwide was US $186 million in 2008 and is estimated to reach US $ 2,253 by the year 2015.
At present, India is the fourth largest producer of pharmaceuticals in the world and therefore is a surfeit of drug brands with more than 6,000 licensed drug manufacturers and over 60,000 branded formulations. India offers unique advantages for the growth of Pharmacovigilance that include:
  • Rapid induction of New Chemical Entities (NCEs) and high technology pharmaceutical products in market
  • Abundance of patients with genetic diversity
  • Presence of Lakhs of formulation in domestic market
  • Presence of large number of licensed drug manufacturers in India
  • Potentially large world scale Adverse Drug Reaction (ADR) database
Job description:
A Pharmacovigilance professional does the following:
  • Track all adverse event reports received and completed;
  • Review and assess all source documents, and compile data in an adverse event report;
  • Data enter report into the safety database;
  • Code adverse events in the safety database;
  • Perform labeling assessment of adverse events, comparing adverse event to adverse events previously reported and contained in the product label;
  • Release report to safety database
Job prospects:
Starting salaries for freshers are substantially a function of their educational background, varying from year to year as well as across organizations and domains.
The following represents the typical work place hierarchy.
  • The Entry level job for life science graduate is DSA (Drug Safety Associate). DSAs are mainly involved in case creation, checking for MSI ( Minimum safety information – a patient, a reporter, a suspect drug and a adverse event ), reconciliation and follow-up process, data entry of all information available in the document and medical coding
  • Once an individual acquires an experience of 2-3 years in that position and builds the required skill sets (Medical coding, narrative and scientific writing, good understanding of medical terms and basic understanding of regulatory affairs, ICH-GCP and compliance etc) he can go on to become a DSS (Drug Safety Scientist).
  • Individuals  once having acquired a good narrative writing experience can pursue it on a larger frame, moving from individual cases like writing for PSUR(Periodic Safety Update Report) and PADER(Periodic Adverse Drug Experience Reports) and as well as becoming a Aggregate report scientist.
  • With an overall of 7-10 years experience in this position individual can easily become a Team lead or Team manager based on the company.
  • Lastly, individuals end up acquiring the position of a Director or Vice-President with an experience of 9-10 years.
Pay-scale:
  • Fresher:  Rs 15,000-20,000
  • After 5 years: Rs 50,000-60,000
  • After 10 years: More than Rs 80,000-90,000
Growth prospect:
Individuals trained in Pharmacovigilance will find good job options in the following sectors:
  • Pharmaceutical Companies (MNCs & Indian) & Biotech companies.
  • Clinical Research Organizations.
  • KPOs like Accenture & Quintiles.
  • Regulatory Agencies like DCG (I) & CDSCO
  • Pharmacovigilance units in Medical colleges & Hospitals
Besides this, students might land up in companies like:
Asian clinical trials serene, Bioserve, Clin invent, Clintec international, Clinigene, Dr Reddy’s lab, Elly Lilly,  Glaxo smithkline, IGATE clinical research, Intass biopharmaceuticals, Johnson & Johnson, Lambda therapeutic research, Lupin limited, Matrix laboratories ltd., Merck, Novartis, Novo Nordisk, Pfizer, Pharmanet, Quintiles, Ranbaxy, Roche India, Sristek, Siro Clinpharma, Synchron, Sanofi Aventis, Torrent pharma, Vimta labs, Zydus,  Reliance life science,  Amed,  Accutest, Actimus, Adroit insights, Alembic, Asian Clinical Trials.
Some of the best institutes to study Pharmacovigilance

·         ICRI (Indian Institute of Clinical Research - India)

·         Catalyst Clinical Services are
Courses can be pursued to become a Pharmacovigilance professional
·         ICRI’s Post Graduate Diploma in Clinical Research and Pharmacovigilance

·         Catalyst's Professional Certificate in Pharmacovigilance

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