Pharmacovigilance 2018 - 15th Pharmacovigilance 2018

The global pharmacovigilance (PV) market is expected to reach USD 10.27 billion by 2025. The market is expected to witness growth at 13.1% CAGR owing to Increasing incidence of ADR is key driver for the growth of pharmacovigilance market. As of 2015, the U.S. FDA received approximately 253,017 serious adverse events and 44,693 deaths associated with adverse drug reactions (ADRs). This shows the potential demand for implementing safety and pharmacovigilance services over the forecast period. The rapid induction in the market throws up the challenges of monitoring Adverse Drug Reactions (ADRs) over large population base. New drug approvals by the FDA have risen to near-record levels in the past two years: of the 45 medicines approved by the agency in 2015, 60 per cent went through one of the agency’s fast-track processes. The number of pharmacovigilance inspections for centrally authorized products rose in 2016, mainly driven by an increase in routine inspections carried out under national inspection programs.
15th Annual Pharmacovigilance 2018 will bring together top pharmaceutical, biotechnology and regulatory representatives under one roof that will address the key issues of the industry. The entire program will cover the detection, analysis and prevention of adverse drug reactions. It will be studied with the help of case studies and industry experiences. This conference will help the drug safety representatives from the pharmaceutical industry and quality research organisations who wish to understand how to avoid common deficiencies in inspections by learning from the experiences of others to gain a greater understanding of new and existing pharmacovigilance requirements, and to improve their organisation’s compliance with pharmacovigilance requirements. Also it can help you control your product's lifecycle, your patient's trust, and your revenue. Hence, this conference will provide an important platform for pharmacovigilance stakeholders to discuss and share best practices in expediting pharmacovigilance development.
It gives me great pleasure in welcoming all of you to the Virtue Insight’s 15th Pharmacovigilance 2018. I wish and pray that all our efforts will be beneficial to our industries and to our country at large.