In
a healthcare organization the task of a doctor is to treats patients whereas a pharmacist
saves the lives of the people. The science of pharmacology is as old as the art
of healing. Previously, it was the hakims or vaids which used to make drugs by them
and prescribed it to their patients.
Due
to the advancement of time the art of healing also developed into a more
professional and systematised industry.These days the doctors are in no way creating
drugs. However, this is task which is solely done by experts from the pharma industry.
The sector flourished with great gusto leading to huge revenue. Nowadays with a
spurt in the demand of medicines and drugs, a lot of players are there who have
come to the market so that they are able to earn the maximum profits. In this
sector, the competition has led to the demand for skilled professionals to
manage the business effectively so as to earn the maximum profits from
consumers.
In
order to look after the growing industry of pharmaceuticals, a need arose of
smart organising, apt planning and right execution of ideas. It is here that
the role of the MBA in Pharma Management
played a crucial role for those students who were interested in entering the
managerial aspect of pharmaceuticals after they had finished their graduation
in pharma or other medical fields.