India is one amongst the biggest producers of prescribed drugs within the world and is well-liked even for mercantilism the prescribed drugs. There are over 8000 commissioned drug makers in India. India offers distinctive benefits for the expansion of Pharmacovigilance that include:
Pharmacovigilance (PV), is one of the unique careers which is associated with life science and pharmacy. It plays a vitally important role in assessing the risk/benefit of pharmaceutical products and ensuring that they are safe for use in patients. Generally it is the science of collecting, monitoring, researching, assessing and evaluating information from healthcare providers and patients on the adverse effects of medications, biological and traditional medicines with a view to:
1) Identification of new information on hazards associated with medicines and
2) Prevention associated harm to the patients.
As the regulatory bodies (e.g. US-FDA, DCGI, EMEA etc.) laws getting stringent day by day, 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. Refer the below chart to see the Career path of Pharmacovigilance.
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