Avacom - Compliance management software is the best automation tool to automate the compliances of pharmaceutical industry in India. Indian pharmaceutical industry supplies over 50% of global demand for various vaccines, 40% of generic drug demand in the US and 25% of all medicine in the UK. India’s pharmaceutical exports is expected to be at $55 billion by 2020. India’s domestic pharmaceutical market turnover reached Rs 129,015 crore in 2018.
Read more about the best compliance software for pharma industry: https://www.avantis.co.in/case-studies/pharmaceutical-industry-compliances .
Avantis Engagement
Avantis engaged with the client in June 2018. A team of 3 Compliance subject matter experts visited their Mumbai based head office for a period of 1 week to conduct a thorough review of their business presence across India.
Over the last few years, Pharma companies in India have seen several issues with US Drug Regulator with respect to Compliances. There have been multiple instances of warnings, observations, import alerts among others leading to loss of licenses and business.
About Avantis RegTech
Avantis, a TeamLease Company, is India's leading Regulatory Technology (RegTech) solutions company enabling Ease of Doing Business for over 1,100 legal entities across 28 States and 9 Union Territories. Avantis offers state of the art multi-tenant, SAAS solution on its web and mobile platforms, enabling a transparent, accountable, and efficient risk and compliance management. Avantis database has list of compliances applicable for pharmaceutical industry in India.
Take a step and visit our website www.avantis.co.in or Call us at 8893594595 for details or write to us at
[email protected] to schedule a demo of the best compliance software for pharma industry.