Hi, regulatory affairs, also called government affairs, is a profession within regulated industries, such as pharmaceuticals, medical devices, energy, and banking. Regulatory affairs also has a very specific meaning within the healthcare industries. With globalization process reaching out to India, the geographical barriers have become obsolete. Any country will have to compete and trade globally in order to progress and survive in the years to come. If an Indian manufacturer wants to sell his drug or formulation to a foreign country it is mandatory that he has to fulfill all the statutory requirements laid by the regulatory authorities of th... view more
Hi, regulatory affairs, also called government affairs, is a profession within regulated industries, such as pharmaceuticals, medical devices, energy, and banking. Regulatory affairs also has a very specific meaning within the healthcare industries. With globalization process reaching out to India, the geographical barriers have become obsolete. Any country will have to compete and trade globally in order to progress and survive in the years to come. If an Indian manufacturer wants to sell his drug or formulation to a foreign country it is mandatory that he has to fulfill all the statutory requirements laid by the regulatory authorities of that country. Since, the business involved is worth multibillion dollars; this branch has assumed tremendous significance and is bound to grow enormously. Many big companies have already established separate Regulatory Affairs Departments. Regulatory experts are thus in great demand. Hope this piece of information will help you in the best way. Feel free to raise more queries otherwise you may close the question by liking it or marking it as the best answer. All the best!
Hi, regulatory affairs, also called government affairs, is a profession within regulated industries, such as pharmaceuticals, medical devices, energy, and banking. Regulatory affairs also has a very specific meaning within the healthcare industries. With globalization process reaching out to India, the geographical barriers have become obsolete. Any country will have to compete and trade globally in order to progress and survive in the years to come. If an Indian manufacturer wants to sell his drug or formulation to a foreign country it is mandatory that he has to fulfill all the statutory requirements laid by the regulatory authorities of that country. Since, the business involved is worth multibillion dollars; this branch has assumed tremendous significance and is bound to grow enormously. Many big companies have already established separate Regulatory Affairs Departments. Regulatory experts are thus in great demand.
Hope this piece of information will help you in the best way. Feel free to raise more queries otherwise you may close the question by liking it or marking it as the best answer. All the best!