USA based MEDICAL jobs for indians in INDIA

By Live Dr - Fri Nov 07, 11:48 am

handigarh, Nov 05, 2008 (Asia Pulse Data Source via COMTEX) — MRK | Quote | Chart | News | PowerRating — Even as global financial slowdown is forcing companies to retrench jobs, MSD Pharmaceuticals– a subsidiary of US-based Merck & Co today said it will employ 1,500 people in the next two years to strengthen its sales and marketing network and become a leading company by 2015.

“We will be doubling our staff strength in India in next two years as part of our plans to consolidate our marketing network in the country which will further help us achieve our aim of listing among first five pharma companies by 2015,” MSD Pharmaceuticals Managing Director Naveen A Rao said.

At present, the company has a total staff strength of 700 in India.

With an objective of expanding its product portfolio in the country, MSD Pharmaceuticals also plans to launch wide range of vaccines and medicines every six months.

“We have plans to launch our product range including vaccine and medicine which are relevant to India,” he said.

Adding further he said, the company would launch its vaccine for hepatitis-A, Chickenpox and rotavirus. In addition, it would also bring out medicines for cardiovascular disease, dyspledemia and asthma.

The company has about six products– four medicines and two vaccine for therapeutic areas namely, critical care, cardiovascular and metabolic at present in the Indian market.

The company is also looking at project-based agreements with major pharma companies for developing molecules and providing leads as part of its research and development initiative. “We have such arrangements with Ranbaxy, Nicholas Piramal and Advinus and we are also in negotiations with several other companies for these collaborations,” he said.

MSD Pharmaceuticals has also collaborated with Indian Council of Medical Research in pubic private partnership mode to bring cervical vaccine to Indian public sector at affordable rates.

“Our prime concern is that people should get medicine or vaccine at affordable rates and this tie up with Ministry of Health is a step in that direction,” he said.

Incorporated in year 2005, MSD Pharmaceuticals is a sales and marketing company set up here for distributing products of its US based parent company Merck & Co Merck sales for the year 2007 stood at USD 24.2 billion and product sales spanning 140 countries worldwide.

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