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

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