International Journal For Multidisciplinary Research

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Strategic Medical Affairs Outsourcing: Pragmatic Solution In A Fast-Changing And Resource-Constrained World

Author(s) Dr. SC Chavan, Dr Barkha S. Tiwari, Dr. JK Joshi, Dr. Anjana Ulhas, Dr. DA Pingle
Country India
Abstract This review explores the advantages of strategic medical affairs outsourcing and introduces 'Medical Affairs Consultation' as a pivotal concept. The pharmaceutical industry grapples with challenges such as regulatory complexity, cost pressures, and limited internal resources, requiring expertise in various domains. Medical affairs consultation empowers companies to navigate these hurdles, optimize costs, and expand geographically. The global market for medical affairs outsourcing is growing rapidly, presenting significant opportunities, particularly in the pharmaceutical sector. Outsourcing promotes agility and adaptability in this evolving healthcare landscape, while digital platforms enhance collaboration and information sharing on a global scale. However, careful risk evaluation and proactive management are essential for successful medical affairs outsourcing. Various outsourcing models cater to diverse organizational needs, allowing efficiency and effectiveness in specific functional areas. The future of outsourcing in India holds promise, driven by its skilled workforce, internet accessibility, and cost-efficiency.
Keywords Medical affairs outsourcing, Medical strategy, Medical strategic consultation, Medical strategic outsourcing, Medical affairs consultation
Field Medical / Pharmacy
Published In Volume 5, Issue 6, November-December 2023
Published On 2023-12-09
Cite This Strategic Medical Affairs Outsourcing: Pragmatic Solution In A Fast-Changing And Resource-Constrained World - Dr. SC Chavan, Dr Barkha S. Tiwari, Dr. JK Joshi, Dr. Anjana Ulhas, Dr. DA Pingle - IJFMR Volume 5, Issue 6, November-December 2023. DOI 10.36948/ijfmr.2023.v05i06.10050
DOI https://doi.org/10.36948/ijfmr.2023.v05i06.10050
Short DOI https://doi.org/gs8dcw
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