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Biopharma environment VS Medical Professionals

A career shift from medical practice into the biopharma industry is springing up for various medical doctors. Job opportunities exist for all specialist medical doctors and surgeons. These medical professionals engaged in the process of discovery, development, marketing of drugs, vaccines / devices. With this transition (from clinical practice to biopharma industry) gave a greater work-life balance for doctors and provided a chance to impingement the health of patients on a global scale or an opportunity to originate better treatment options for rare/critical diseases. In spite of anything, there are many things to be learned by newly migrating medical professionals while journey in the drug research.

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Overview of Biotechnology career and scope

Biotechnology Career options:

I am now convinced that what began as biotechnology bandwagon some fifteen years ago has developed some valuable new scientific methodologies and products which need active financial and organisational support to bring them to fruition in food and fibre production systems. Norman E Borlaug

What is Biotechnology?

It is difficult to define Biotechnology as a specific sector or industry. The conventional definition of biotechnology includes work on processes and products at sub-organism levels (tissue, cell and molecule). Some would even identify biotechnology exclusively with genetic engineering. A much widely accepted definition is "Biotechnology is any technological application that uses biological systems, living organisms, or derivatives thereof, to make or modify products or processes for specific use. When interpreted broadly, biotechnology can therefore include traditional methods, for example in improving domesticated plants and animals by breedin

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Opportunities galore in Healthcare Industries

The Indian healthcare industry has not witnessed any sort of downsizing or negative trend during this recession, unlike other industries like the Automotive, manufacturing or Real-estate, that had a direct impact. There had been a steady growth in this sector, revenues from the healthcare sector accounts for 5.2% of the GDP, making it the third largest growing sector in India, and further the healthcare sector is projected to grow to nearly 40 billion US dollars by year 2012.

Taking the entire healthcare industry into account, the sectors that have tremendous growth potential are Medical Infrastructure, Telemedicine, Medical Equipment, Medical Textiles, Health Insurance, Clinical Trials, Medical Services Outsourcing, Medical Tourism, and Training & Education, which are the most important ones that offer numerous opportunities.

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Effective Physician and Patient interaction

Being a good physician means more than simply being a good clinician. Doctors in their day-to-day activities can provide leadership to their fellow workers and vision for the organisations in which they work for and also to the profession as a whole. However, still doctors are willing to contribute to improving the quality of services and to opine when things are wrong, patient care is likely to suffer in these situations. Relationships grounded on openness, trust and good communication will enable doctors to work in partnership with their patients to address the needs.

To fulfil doctor role in the Doctor vs Patient Relationship, doctor must:

  • Be polite, considerate and honest to their patients
  • Consider every patient as an individual
  • Honor patients' privacy and right to secrecy
  • Treat patients with dignity
  • Give courage to patients in caring for themselves to improve and maintain health

 

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Effective Physician and Patient interaction

Being a good physician means more than simply being a good clinician. Doctors in their day-to-day activities can provide leadership to their fellow workers and vision for the organisations in which they work for and also to the profession as a whole. However, still doctors are willing to contribute to improving the quality of services and to opine when things are wrong, patient care is likely to suffer in these situations. Relationships grounded on openness, trust and good communication will enable doctors to work in partnership with their patients to address the needs.

To fulfil doctor role in the Doctor vs Patient Relationship, doctor must:

  • Be polite, considerate and honest to their patients
  • Consider every patient as an individual
  • Honor patients' privacy and right to secrecy
  • Treat patients with dignity
  • Give courage to patients in caring for themselves to improve and maintain health

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Regulatory Challenges in Global Clinical Trials

In the new patent era pharmaceutical companies have changed their strategy to market their products. They are launching products in multiple markets with a single shot to capture their share. In order to get an approval for marketing of their product, regulatory bodies are insisting on clinical trials of land for the safety concerns of the people of their region and suspecting and questioning the efficacy of the product.

In this scenario, the pharmaceutical companies are bound to go for global clinical trials. In contrast to routine trials, there are multiple technical, procedural, and legal hurdles in conducting global clinical trials varying from site selection to regulatory clearances to precede a trial.

Let’s discuss some of the important issues. In this situation one has to go with global thinking with local regulatory process awareness.

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Focus on skilled talent pipeline in Indian Pharma sector

In recent years, several domestic pharmaceutical companies from India has addressed their recruitment needs to flourish their footprint extensively in international pharmaceutical arena and to improve quality of output.

Simultaneously various multinational companies are planing for job cuts, the enticed international market, is making companies in India and other Asian parts strengthen the quality of their human resource base. Now the evolution of human capital is one of the most vital factor for the companies growth, re-structuring of management training programs to built a highly motivated, innovative, and ethically committed team(s) to play a key role in ensuring the future pharma industry progress. The various schemes such as fortifying quality manpower is now an integrated part of the agenda of Asian pharmaceutical companies, as the aim is the evolution of new and innovative drugs.

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Future trends of Indian Pharma Industry

Conventionally, the Indian pharmaceutical industry has been depended on a core competency in generics, manufacturing and comparatively unripened potentialities in Research & Development. This prospect has overhauled considerably since the 1990s and Indian companies have been making investments towards nourishing drug discovery and development activities.

The adoption of patent laws and the surge of contract manufacturing have preceded to the diversification of revenue streams, altering Indian pharma industry to go across high market growth.

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Few tips for Medical Practice Promotion Strategy

400 Plus medical colleges in India, a largest number of medical colleges in the world, where qualifications are recognised by the Medical Council of India (MCI). These medical colleges have a combined capacity to provide medical education for 54,145 students and churning out close to 19,000 medical specialists per year. The MCI motto is to provide quality healthcare to all citizens through promotion and sustenance of excellence in medical education.

Setting up a new healthcare facility is the ultimate goal for doctors in India. The challenge of pulling patients starts right at the beginning of the medical profession. Market competition and standard of living demands that the so called "waiting period" be kept down to a minimum. As a result, calls for effective and highly focused promotions for new medical care establishments. 

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Hiring trends for Medical, Bio and Pharma sector

Medical, bio and pharma : Hiring trends:

From past few years, the healthcare, bio, and pharmaceutical sector has been determined and delineated by ever increasing scientific, industrial progress, invention and developing patient sentience. Market has been perky for players those who are willing to change to newer suits. In spite of, economic precariousness and the general convulsion of an industry in discharge stage; however employment aspects in these segments are continued in a positive wave. We bringing with medical, bio and pharma hiring trends that will be with these sectors ahead:

Patient engagement:

Indian healthcare sector yet to leverage the do good of data repelled patient relationships. Industry anticipated seeing a more active move towards to patient engagement, with more scope for software technologies and data management.

 

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