post mpharm - career planning & skills
TRANSCRIPT
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Post -Phar macy Pl anning
Dr. Amit Bhargava, MD
Vice-President (Medical), Alkem Labs., Mumbai
Part 1: Future & Options
Part 2: Skills To Excel
Sanjivani College of Pharmaceutical Education & Research
7th December 2011
Career Is All About F Words
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Finance
FamilyFidelity
Fun
Friends
Fickle
Frivolous
Fume
Frustration
Failure
To Be Avoided To Be Focused On
Fame
Finesse
mailto:[email protected]:[email protected] -
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Finance : The Most Important F
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Finance
GAIN FINANCIAL INDEPENDENCE
Make lots of Money
Early in Life
Without Risk Resulting in Predictable Income
FUTURE & OPTIONS
PART 1
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An Overview
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B.Pharm.
M.Pharm.
Ph.D.
+12 College
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2
4
22
24
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AGE EDUCATION OPPORTUNITIES
Qty : ++++
Qlty : +++
Horizon : Restricted
Qty : +++
Qlty : +++
Horizon : Broad
Qty : +Qlty : +
Horizon : Broad
OPPORTUNITIES with MBA
Qty : ++++
Qlty : ++++
Horizon : Broad
Qty : +++Qlty : +++
Horizon : Broad
Conventional M.Pharm.
SPECIALTYCAREER
PATH
Start-Up
Salary(Lacs/ annum)
Time-to-
Head(Years)
Max
Salary(Lacs / annum)
1 PharmaceuticsF&D
(Head Formulation)2.2 - 3.4 15 -20 60 -80
2 PharmacologyToxicology
Pre-Clinical(R&D / NCE Head)
1.8 - 2.4 15 - 20 50 - 60
3Pharmaceutical
Chemistry
ARD
QC / QA(QA Head)
1.6 - 2.4 20 - 25 30 - 40
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Targets : Organizations
Pharmacy Colleges
Pharmaceutical Companies
CRO
Research Institutions
Healthcare Institutions
Management Consultant Agencies
Health Communication Agencies
Publishing Houses
Government
Retail Outlet
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Targets : Functions
Research
Teaching
Medico-Marketing
Training
Medical Writing
Marketing / Intl Marketing
Business Development
Regulatory Affairs
Pharmacovigilance
Clinical Research
Data Management
Administration
Pharmacist
IPR
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Clinical Research
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CTA
Trainee CRA
CRC
Asst. PM PMCRA
CRO
Healthcare Setup
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Sr. CRA1 2 1
10-12,000 pm 10-12 L pa6 yrs Salary x10
Medico-Marketing : Overview
Technical Support to Marketing
Training
Rationalizing
Medical Writing
Clinical Studies
KOL Interaction & Management
CMEs
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Medico-Marketing : Tech-Info-Support
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PROCURE Info.
PROCESS Info.
PRESENT Info.
SOURCE : Credible
SEARCH : Limited
SPEED : At-a-Glance
STORE : Classi fy
SIFT : Remove chaff
SORT : Extract & Organize
SUMMARIZE : Crunch
CREATIVE : Aesthetic , Appropriate, Different
CRISP : Concise & to the Point
CREDIBLE : Correctness intact
MM : Training : 1
The PURPOSE: Impart Knowledge
To infuse CONFIDENCE not to test
To induce FAMILIARITY ... not expertise
The MEANS:
Simplify ... Analogies Conceptual
Relevance to the function of selling
Repetition & Revision to help remember
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MM : Training
The SKILLS:
Identify with & Understand the MR
Have COMPREHENSIVE knowledge about subject
Extensive Pre-Session Preparation
Anticipate
Humor Talk less Ask More Explain Even More
Accessible
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MM : Rationalization
Genesis of credible explanations based on
medical evidence
Often required to explain a real effect People more comfortable with what they can
explain
An example
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MM : Medical Writing : Scope
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Other Forms Of Medical Writing
Educational Medical Writing
Marketing Medical Writing
Regulatory Medical Writing
Protocols, IB,
Interim & Final CT Reports
PSUR, SAE Reportin gIND Applications, CTD
Prescribing Information
Promotional Literatures
Patient Education L iteratures
Product Monographs
Data Presentations at Medical Congress
Medical Journal ArticlesCME Material
Journal Abstracts & Articles
Pharma Advertising Copies
Internet Content
Medical Education Material
MM : Medical Writing
Not very attractive in India
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Rs. 1,80,000 - 2,40,000 paStarting Salaries
Rs. 3,00,000 - 3,50,000 paJunior MW Salaries
Rs. 4,00,000 - 8,00,000 paSenior MW Salaries
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MM : Medical Writ ing : Salaries
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~ $ 75,000 paStarting
Salaries~ Rs. 37,50,000 pa
> $ 100,000 pa3-4 yrsSalaries > Rs. 50,00,000 pa
> $ 120,000 paManagerial
Salaries> Rs. 60,00,000 pa
2008 US data
$ 600 million market growing at 15% (as of 2008)
15% Indians in Pharmaceutical & Biotech companies in US
a lot of them are medical writers
MM : Medical Writing : Skills
Understanding of science
Good Writing Skills Ability to write about science
Impeccable English Ability to clarify & simplify complex topics
Meticulous attention to detail
Ability to analyze descriptive and numeric data
Knowledge of GCP, Drug Development
Experience with Basic and Clinical science (Ph.D. preferred)
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SKILLS TO EXCEL
PART 2
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A-Way A Your Way to A Good Life
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ACADEMICS
ABILITIES
ATTRIBUTES
ADAPTIBILITY
ATTITUDE
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Attributes to be Demonstrated
Performance Attributes
Timeliness
Initiative
Neatness
Details
Systematic
Personality Attributes
Stability
Credibility
Honesty
Flexibility
Maturity
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Attitude & Behavior Connection
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The totality of those states that lead to or po int toward some particular
activity of t he organism. the dynamic element of in hu man behavior, the
motive for activity North 1932
BEHAVIOUR
Personality Attitude
Relatively Static Relatively Dynamic
Readiness of the psyche to act or react in a certain way Jung 1927
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Attitude : Definition
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Jung 1927
ATTITUDE
Consciousness
Unconscious
Extroversion
Introversion
Rational Irrational
Thinking Feeling Sensing Intuition
Attitude To Suit-All
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ATTITUDE
Courteous Helpful
Antidote to the rare resultant Toxicity = Healthy Dose of Detachment
The combination ensures efficacy and blocks manifestation of
numerous undesirable toxic components
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ABCD Day-to-Day Functioning
ALTERNATE SOLUTIONSTurning down a proposal to be accompanied by an alternative
BUILD CREDIBILITYPunctuality, Behavior, Honesty, Hard-working image
COMPLIANTDo what is expected
DELIVERY CUSTOMIZATIONGive what is asked for not what you think is required
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Employment Kinetics : 1
Seek good brand names for employment
Indian companies for initial years
Demonstrate stability in first 10-12 years
Try not to have more than 5 positions before the top
Implement changes at senior positions
Can consider retirement for self-employment after
holding a top level position for 4-5 years
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Employment Kinetics : 2
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Level 1 : LEARN
Level 2 : DO FOR EXPERTISE
Level 3 : MANAGE AS EXPERT
Level 4 : SUPERVISE
Get Experience
Get Experience
Show Stability
Show Stability
2 x 2 yrs = 4 yrs
1 x 3-4 yrs = 3-4 yrs
1 x 4 yrs = 4 yrs
1 x 4-5 yrs = 4-5 yrs
Preventing Frustration
Fame is over-rated most of us are not cut out for it
Dont be Pig-headed and Idealistic and Romantic get real
Stay focused on Family & Finance your only life-long
accompaniments
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Consider & Choose Deliberate & Decide !!!
Creativity
Networking
Detail
Reading
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Personality
&
Attitude
CHOOSE & DECIDE
Introvert / Extrovert
Conformist / Exploratory
Face-Value / Detail-Driven
Academic / Applied
Abilities
&
Attributes
Inherent
Interest
Commitments
&
Resources
Relocate
Migrate
Family
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