Highlights Of Pharmacovigilance- Career Prospects and Salary

pharmacovigilance course


What is a Pharmacovigilance course?

Pharmacovigilance is a branch of pharmacy concerned with identifying, quantifying, validating, and evaluating adverse drug reactions during drug development,  thereby improving the safety of the medicines in use.

A career in Pharmacovigilance has a well-defined career path offering lucrative salaries. Pharmacovigilance professionals have to assess, detect, monitor, supervise and prevent the adverse effects of medicines. The pharmacovigilance industry is ever-expanding, and so is the need for pharmacovigilance professionals. 

Here are some highlights of the Pharmacovigilance industry that will help you understand the scope of pharmacovigilance worldwide.

Highlights of the Pharmacovigilance Industry

According to the latest Grand View Research report, the global pharmacovigilance market size is expected to reach USD 13.11 billion by 2027.
According to the National Center for Biotechnology Information (NCBI), approximately 5% population hospitalize in Europe due to Adverse Drug Reactions(ADR).
There is a constant soaring demand for Pharamavigilance industry novel therapeutics medicines via extensive clinical trials.

What is the need for pharmacovigilance services?

Pharmacovigilance is needed in every country. Its services are needed in the following sectors:

  • Medicine production and timely availability
  • Evaluation of efficacy and safety of medicines before its launch
  • Administration of medicines dosage
  • Checking standard pharmaceutical quality
  • Auditing chemical composition of pharmaceutical products

Pharmacovigilance services are much needed to reduce human suffering. It is a huge help to the healthcare sector and mankind.  Therefore, pharmacovigilance is a monitoring authority for the supply, demand, authenticity, and price of medicines and pharmaceutical products.

Scope of Pharmacovigilance/Career Prospects

Pharmaceutical professionals can earn attractive salary packages and have bright career prospects. After completing our pharmacovigilance courses, our trainee will find good jobs in the following sectors:

  • KPOs
  • Pharmaceutical Companies like Novartis, Lupin, etc.
  • Clinical Research Organizations
  • Drug development and clinical trials development companies
  • Medical Colleges & Reputed Hospitals
  • Trail and site management organizations
  • Regulatory agencies like CDSCO and DCG

Salary structure of Pharmacovigilance professionals

The demand for pharmacovigilance professional is ever increasing. India has made a position to develop and supply cost-effective and safe medicines worldwide, which has increased the demand in the pharmacovigilance industry. 

 Freshers can earn from 2.8 to 4.2 lakhs INR per annum, and as they rise in verticals, there will start earning 5  to 8 lakhs INR per annum very soon.


                            careers in pharmacovigilance

Top 10 Pharmacovigilance Companies in India

  1. Sun Pharma
  2. Lupin
  3. Wockhardt
  4. Novartis
  5. TechMahindra
  6. Accenture
  7. ImmedGlobal
  8. Bioclinica
  9. Cognizant
  10. TCS


How can I become a Pharmacovigilance Officer?

If you aspire to become a pharmacovigilance officer, you must take a clinical research course to enter in pharmacovigilance industry. These courses are based on practical-pharmacovigilance training that grooms students with hands-on industrial experiences and their roles and responsibilities.

Our pharmacovigilance course provides students best possible resources to prepare and equip them for launching as pharmaceutical professionals.

Why choose Lifepoint Research for the pharmacovigilance course?

Our 6-months pharmacovigilance course will equip you to grab a high-paying job opportunity. You can pursue this course online from the remotest locations and learn from the best-in-industry subject matter experts.

Our experts schedule interactive sessions with teachers and students with whom you compete and become better. We also help polish your soft skills such as communication, office ethics, etc., much needed in every industry.

With 100% placement assistance, get job-ready in the best pharmacovigilance companies. Keep checking our portals at Lifepoint Research to get the latest updates on news, career, and job opportunities in pharma companies.