For the people who are from science background (BSc, MSc, B.Pharm, M.Pharm,
Pharm-D, Bio Tech etc), clinical research field is the best way for career.
It is the only hope to
get a nice job quickly at present situation in India.
Not only in India but
also worldwide clinical research has very wide scope
Clinical research
The term Clinical
Research refers to the entire bibliography of a drug from its
inception in the lab to its introduction to the consumer market & beyond.
Not every compound that is tested in the lab is marketed. Before a drug is
marketed, it has to undergo several stages of development.
Hence Clinical research
may define as a “branch of medical science that determines the safety &
effectiveness of medications, devices, diagnostic procedures &
treatment regimens intended for human use.”
A clinical trial targets
specific health issues in human volunteers. Performing clinical trials is one
of the best methods in clinical research field for finding new treatments &
practices for combating illness.
Clinical trials are
studies performed with human subjects to test new drugs or combinations of
drugs, new approaches to surgery or radiotherapy or procedures to improve the
diagnosis of disease and the quality of life of the patient.
SCOPE
It is very clear that
India has become a very preferred destination for clinical research. The
industry is growing exponentially and is expected to reach Rs. 7000 Cr by 2010.
Statics shows that if India's clinical trial business grows to 10% of that in
US by 2015, the industry will need approximately 50,000 clinical research
professionals.
Any professionals from
CRO (Clinical Research Organisation), Pharmaceutical, biotech, practising
doctors and fresh graduates can apply for it. Salary states is high. As arond
700 Cr. expanditure is there for single research.
Clinical Research has
emerged as a popular career choice in India and abroad. Holding a strong growth
potential, a clinical research profile has become a calling for many. India
being a land known for Ayurveda, Unani, Siddha, and Homeopathy besides
allopathy, India is growing as the preferred destination for global clinical
trials.
Career in Clinical
Research
Clinical
Research is a systematic study to evaluate the effectiveness and safety of
medications or medical devices by monitoring their effects on large groups of
people. Clinical research has become a multi-billion and multidisciplinary
industry. A number of factors favor India as a clinical research hub. There are
numerous government-funded medical and pharmaceutical institutions with
state-of-the-art facilities, which can serve as ideal centers for
multi-centered clinical trials.
India boasts of well-trained and qualified manpower, well versed
in English. The research and the development process in India can be done at a
more affordable price. More importantly, there is vast clinical material, which
can be utilised, due to the prevalence of a large variety of diseases,
including widespread cases of cancer and diabetes, India is viewed the world
over as the ideal location for clinical research trials for the pharmaceutical
industry.
Eligibility Criteria: -
Graduate / final year
graduation students in Life Science, Pharmacy, Medicine, Dentistry, Paramedical
Science, Allied Heath Sciences and Biotechnology. A BSc.degree is a must to
enter this field. Ideally the industry is looking for science graduates from
pharmacy, medicine, life science and bioscience. Within bioscience too there
are various other fields such as botany, zoology, biochemistry and genetics.
Anybody who fulfils these criteria can join the industry.
Job Prospects: -
The demand for
professionals in this field is growing rapidly. Clinical research business in
India will be worth $1 billion by 2010. Thus, there will soon be a massive
demand for clinical research professionals, making it an interesting career
option with massive growth potential. According to a survey, there are 2,50,000
vacancies available worldwide 50,000 job openings in India by 2010. Highest
remuneration packages owing to the shortage of skilled professionals.
Job profile: -
Clinical Research
branches off into various categories at the entry level. The most common
entry-level position is that of a Clinical Research Associate (CRA). The role
of a CRA is varied, they are key participants in the design, implementation and
monitoring of clinical trials. Bio-statistician is those who, perform
statistical programming, design, and analysis for clinical trial projects.
CRM are Clinical
Research Managers, they supervise design and writing of protocols, case report
forms and informed consent forms for clinical trials. There are other posts too
such as Clinical Research Coordinator, Business Development Manager, Clinical
Research Investigator, Clinical Data Manager etc.
Remuneration: -
There is high demand for
trained professionals in this field; the pay package is impressive at the entry
level. Freshers can expect a pay packet of around three lakhs or more per
annum.If you have a master's degree backing your qualifications, then the
amount is almost doubles. Clinical research is an industry where experience
counts, thus the longer you are in this field; higher the salary you can
expect. The clinical research industry worldwide is growing at unparalleled
rate.
It has opened up new
vistas for employment for a large number of trained professionals. The clinical
trials market worldwide is worth over USD 26 billion and the industry has
employed an estimated 2,10,000 people in the US and over 70,000 in the UK, and
they form one-third of the total research & development staff. There
are more than 2,50,000 positions vacant globally and salaries vary in the
region of approximately USD 40,000 per annum for a Clinical Research
Coordinator.
Contract Research Organization
A Contract Research
Organization, also called a Clinical Research Organization, (CRO) is a service
organization that provides support and/or services for clinical trials.
CROs support the pharmaceutical, biotech and medical device industries as well
as foundations, research institutions, and universities, in addition to
governmental organizations (such as the NIH, EMEA, etc.). There
are over 1,100 CROs in the world, despite continued trends toward consolidation
(many CROs are being acquired in recent times or others go out of business). It
is a very fragmented industry with the top 10 controlling 56.1% of the market
in 2008 and down to 55% in 2009. One estimate had the size of the market set to
reach $24 billion in 2010 and set to grow at a rate of 8.5% through
2015.
Top CROs based on the Industry Standard Research
- Quintiles
- PAREXEL
- Covance
- Pharmaceutical Product Development (PPD)
- ICON
- INC Research
- inVentiv Health (PharmaNet/i3)
- BioReliance
The following are the streams where you can get a job at present.
Go for it....
- Clinical operations
- clinical data management
- pharmacovigillance
- medical writing
- medical coding
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