Following the IT sector, the Pharma sector is also witnessing quite a growth as a result of the disastrous catastrophe of the coronavirus outbreak. Not only in India but all across the globe, the healthcare sector is growing at an exceptional rate. And the growth rate of the pharmaceutical sector is directly related to the growth of the health care sector.
People are desperately waiting for the vaccine, but till it is released, they are highly relying on the preventive and curative measures of existing drugs. The global pandemic has presented India with a great opportunity for the healthcare sector to grow. With large-scale pharmaceutical production and cheaper price, the demand for Indian drugs is increasing quite a lot. According to the Indian Brand Equity Foundation (IBEF), the Indian pharmaceutical sector is responsible for the supply of about 50% of the global demand for various vaccines. Indian drugs are exported to 200 countries, among which the US and UK are the key markets. India’s domestic pharmaceutical market turnover reached Rs 10,342 Cr in May 2020.
The drugs like paracetamols and ritonavir are exported in a massive quantity to the countries, which are severely affected by the coronavirus. And many private Pharma manufacturers have expressed their desire to increase the export of drugs like hydroxychloroquine.
All these aspects will help this sector to grow and develop at an exponential rate. Moreover, it is expected that this sector will offer great career opportunities to thousands of students in the upcoming year. The decrease in cash flow has stopped the Pharma companies to undertake their hiring process, but now that the economy is slowly coming back on track, we can observe a hike in the hiring’s. And so, it is the right time for the aspirants to enter the pharmacy course.
The aspirants who want to enter the pharmaceuticals can opt for the pharmacy degree courses like- Diploma in Pharmacy, Bachelor in Pharmacy, Master’s in Pharmacy and even get Ph.D. in Pharmaceutical domain. The candidates who want to pursue these courses should have complete 10+2 from the science stream with Physics, Chemistry, or Mathematics/Biology with at least 45%.
For the admissions, some universities take the written test, while some give admissions based on a merit list. Some pharmacy colleges take the Graduate Pharmacy Aptitude Test (GPAT) into consideration during the admission process, which is conducted by the National Testing Agency (NTA) every year.
Below are the major areas of study in the pharmacy courses:
- Communication Skills
- Computer Applications in Pharmacy
- Environmental Science
- Pharmaceutical Analysis
- Pharmaceutical Inorganic Chemistry
- Pharmaceutical Organic Chemistry
- Physical Pharmaceutics etc.
In the post-COVID-19 scenario, we can expect a huge rise in the demand for pharmaceutical professionals. Here are the roles in which a pharmaceutical professional can make their career:
- Chemical Analyst
- Drug Control Administrator
- Drug Inspector
- Drug Technician or Therapist
- Food and Drug Administrator
- Health Centre Manager
- Health Inspector
- Hospital Drug Administrator
- Medical Transcriptionist
- Pharmaceutical Marketing Representative
- Research Manager, etc.
To summarize, the pharmaceutical sector is the best career alternative after the IT sector. The pharmaceutical sector is very much likely to offer a promising career with lucrative salary packages.
If you want to pursue a Pharmacy course, opt for the best pharmacy college in Gujarat- Marwadi University.
For registration, click here.