We invite you to join our Clinical Research NanoDegree Program which glorifies your career graph. Whether a fresher or an experienced professional, we are open to all with an amicable ambience and myriads of growth opportunities.
For clinical researchers, professional development is key to staying competitive in the growing and evolving research landscape. It’s particularly important to have a well-rounded skillset and the ability to adapt to common industry changes. Continuous learning and improvement help prepare you for new industry regulations, updates to good clinical practice (GCP), institutional turnover and more.
The global clinical research industry is worth more than US $89 billion. The global pharmaceutical market is estimated at US $739 billion and research and development cost is estimated at US $80-87 billion annually. Two-third of this amount is spent on drug development i.e. approximately US $65 billion. Clinical trials involve almost 73% of time and money of new drug development. The cost of conducting clinical trials for a new drug is approximately US $350-450 million. Clinical research industry has grown around the world at an unparalleled rate in the past few years. It has opened up new vistas of employment for a large number of people.
Clinical research doesn’t allow much room for error, especially when performing complex tasks like activities related to coverage analysis and billing compliance. Quality work is essential to avoid negative downstream consequences. Investing in training and certification courses can give you the necessary skills to improve the quality of your work and develop expertise in targeted areas. The clinical research industry is always evolving and introducing new regulations, best practices and innovations. It’s important to stay up-to-date on current industry practices and happenings so you can adapt to changes accordingly. Following credible industry blogs and publications is an easy way to stay informed and find best practices to optimize your clinical research operations.
In-depth courses and workshops help participants develop a better understanding of complex topics and often provide time for group discussion and hands-on activities. Participating in a workshop or training course also gives you valuable knowledge to share with your organization to inform and improve current practices.
Clinical research is an attractive industry for researchers globally, because it foresees tremendous growth and job opportunities not only for trained medical, pharmaceutical and paramedical professionals, but also for project management staff, regulatory authorities, government and the society at large. With the inflow of multinational players globally in clinical research, the industry is poised to grow exponentially and open up new vistas of employment for a large number of people.
Seeking out new opportunities to learn and advance your career also benefits your employer by giving you the knowledge and tools to be successful in your current role. Take advantage of these three valuable opportunities to grow your career in clinical research and gain the necessary tools to make meaningful improvements.
- Contract Research Organizations (CRO)
- Pharmaceutical Industries
- Biotechnology Companies
- Medical Device Company
- Patient Recruitment Organisations (PRO)
- Clinical Data Management
- Regulatory Affairs
- Medical Writing
- Central Lab
- Logistics and Courier Services
- Research Sites
- Auditing of Clinical Trials
There are various growth opportunities along the way for those who are keen to learn. For those interested in serious research work, a PhD can be a good solution. There are post graduate degrees and diplomas offered by various colleges which come in handy to enhance one’s career prospects. Specialization in branches of pharmacy, life sciences, biochemistry will be useful. Studying further will also help one in bettering their current job profile. For instance doing masters will enhance the job prospects of a CRA to become a Project Manager. Similarly a PhD in a related discipline is needed to become a Medical Director.