What is Pharmacovigilance And What Is Its Importance?
Wondering what Pharmacovigilance is? Why Pharmacovigilance services in Australia is so popular? Well, it’s a drug safety term that mainly involves the process of collection, analysis, monitoring, and prevention of adverse effects in drugs and therapies. Now, the question arises why is pharmacovigilance important? Let’s get the answer here in this content: Complete patient’s safety A pharma company must follow all the strict regulations for developing, manufacturing, and commercializing the medicines. The regulations focus on the patient’s safety. Drug safety ensures that it is safe for the patients and their well-being is safeguarded with the drug development lifecycle. Early detection of any kind of risks. With the help of pharmacovigilance service, it is possible to make early detection of potential safety risks that linked with medications. If the risks have been identified during pre-marketing clinical trials, then pharmacovigilance will be helpful. Helps in informed decision-maki...