Regulatory affairs play a significant role in the
pharmaceutical industry, particularly during drug development phase, which is not just a lengthy process but also complex and extremely costly & necessary process. Regulatory affairs experts are involved in all steps of the development & they are present even after drug approval & commercialization. They hold a unique combination of both scientific as well as management skills for achieving a commercially important goal with a
drug development organization.
The Regulatory Affairs department renders strategic as well as technical advice at the highest level in such organizations. In this manner, they make a huge contribution both commercially as well as scientifically, to not just the success of a development program but also the company as a whole.
Several pharmaceutical firms are looking for external Regulatory Affairs team members with particular expertise in order to ensure that products are developed, manufactured as well as controlled at all levels of expected quality, safety & efficacy. Experienced consultants for ensuring all filing & submission goals are met, with high quality & within expected timelines.
Lifecycle management that helps in keeping the pharmaceutical product alive
For ensuring the successful & lasting commercialization of the pharmaceutical product within the pharmaceutical sector, a very strong lifecycle management strategy is crucial. Lifecycle management will commence at a very early stage which is at the beginning of the discovery and R&D phase & will continue after the patent expiry of a product.
The
Regulatory Affairs team plays a central role throughout all the phases of the product lifecycle for demonstrating the quality, conformity, control, safety as well as efficacy of the product in the documentation submitted to the competent authorities for review as well as approval.
After the drug discovery process, potentially interesting compounds are tested for their non-clinical characteristics. These clinical phases are commenced to test the safety as well as efficacy of the drug candidate further. Marketing approval for a medicinal product should be sought through the submission of a marketing authorization after successful clinical trials.