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A process for identifying trends and correlations between Adverse Events with particular drugs compared to what would be expected and compared to that for other similar drugs.
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Scope and Importance:
The concept is to monitor AEs which occur coincidentally and those which are actually related to the treatment or medication being provided.
WHO defines a pharmacovigilance signal as “reported information on a possible causal association between an adverse event and a drug, the relationship being unclear or incompletely documented previously”.
BCC Research estimates that the global demand for bioproducts will increase at a double-digit compound annual growth rate (CAGR) of 12.6% over the next five years to reach $700.7 billion in 2018 from $387.6 billion in 2013, when it will attain a market penetration rate of 5.5% in 2018, from an estimated rate of 4.2% in 2013
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This page was last updated on September 25, 2020