Pharmacovigilance and Drug Safety

Pharmacovigilance Significance & Scope

Pharmacovigilance as defined by the World Health Organization, comprises the science and activities relating to the detection, assessment, understanding, and prevention of adverse effects and other drug-related problems. The aim of pharmacovigilance developments to collect information about various broad aspects of medicinal product safety. These aspects are listed in the guidance file on good pharmacovigilance practices of the Food and Drug Administration (FDA). The revenue of this market is projected to growth at CAGR of 13% during the forecast period.

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