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Panacea Biotec

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Panacea Biotec Medical Representative salaries in India

Annual salary range
1 - 7 years exp.
₹2 Lakhs - ₹5.2 Lakhs
Salary of majority employees
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At par with the average Medical Representative Salary in Biotechnology Companies for 1 - 7 years of experience

Interested in this particular role? 10 job openings

Salaries in different departments

Marketing & Communication
Medical Representative Salary
1 - 7 years exp. (16 salaries)
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₹2 L/yr - ₹4.2 L/yr

Sales & Business Development
Medical Representative Salary
1 - 6 years exp. (3 salaries)
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₹3.6 L/yr - ₹4.6 L/yr

Healthcare & Life Sciences
Medical Representative Salary
7 years exp. (AmbitionBox Estimate)
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₹3.5 L/yr - ₹4 L/yr

Last Updated: 31 Jan 2025

Companies similar to Panacea Biotec for Medical Representative

Company name Avg Annual Salary Open Jobs
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₹1.8 L/yr - ₹9 L/yr

arrow icon 64% more
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Cipla Medical Representative Salary

0 - 10 years exp. (285 salaries)

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₹1.3 L/yr - ₹7 L/yr

arrow icon 33% more
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Lupin Medical Representative Salary

0 - 7 years exp. (269 salaries)

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₹2 L/yr - ₹6.1 L/yr

arrow icon 16% more
4 job openings
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₹2 L/yr - ₹5.8 L/yr

arrow icon 20% more
Logo
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₹1.6 L/yr - ₹6.5 L/yr

arrow icon 11% more
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₹1.7 L/yr - ₹6.5 L/yr

arrow icon 25% more
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Biocon Limited Medical Representative Salary

1 - 10 years exp. (13 salaries)

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₹2.8 L/yr - ₹5.5 L/yr

arrow icon 14% more
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₹1.8 L/yr - ₹4 L/yr

arrow icon 16% less
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Abbott Medical Representative Salary

1 - 10 years exp. (197 salaries)

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₹1.5 L/yr - ₹8 L/yr

arrow icon 39% more
1 job opening
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₹1.7 L/yr - ₹5.3 L/yr

arrow icon 19% more
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₹3.7 L/yr - ₹4.6 L/yr

arrow icon 13% more
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₹2.4 L/yr - ₹5.8 L/yr

arrow icon 11% more
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₹3.7 L/yr - ₹5 L/yr

arrow icon 19% more
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₹2.7 L/yr - ₹3 L/yr

arrow icon 20% less
Medical Representative salary at Panacea Biotec ranges between ₹2 Lakhs to ₹5.2 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 31 latest salaries received from various employees of Panacea Biotec.

Latest annual salaries shared by Panacea Biotec Medical Representative

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6 years exp.
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Experience wise Panacea Biotec Medical Representative salaries

Last Updated: 31 Jan 2025

Experience Avg Annual Salary
1 year  (4 salaries)

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₹2 L/yr - ₹3.6 L/yr
2 years  (4 salaries)

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₹2.2 L/yr - ₹3.5 L/yr
3 years  (8 salaries)

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₹2.5 L/yr - ₹4.5 L/yr
4 years  (4 salaries)

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₹2.5 L/yr - ₹6.5 L/yr
5 years  (6 salaries)

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₹2.8 L/yr - ₹5.2 L/yr
View all
Panacea Biotec Medical Representative Salary and Career Growth

From

To

Medical Representative

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1 - 7 years exp.

Regional Sales Manager

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9 - 17 years exp.

Medical Representative 1 - 7 years exp.
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Area Sales Manager 7 - 16 years exp.
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arrow icon 63% hike
    Regional Sales Manager 9 - 17 years exp.
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    arrow icon 55% hike

    From

    1 more level

    To

    Medical Representative

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    1 - 7 years exp.

    Regional Business Manager

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    9 - 20 years exp.

    View 1 more career path

    Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

    Similar Designation salaries in Panacea Biotec

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    ₹3 L/yr - ₹5.5 L/yr
    Medical Executive Salary
    (AmbitionBox Estimate)
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    ₹1.9 L/yr - ₹2.4 L/yr
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    ₹1.65 L/yr - ₹4.13 L/yr
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    ₹5.85 L/yr - ₹11.3 L/yr
    Regional Manager Salary
    (AmbitionBox Estimate)
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    ₹7.2 L/yr - ₹9.2 L/yr
    Marketing Executive Salary
    (AmbitionBox Estimate)
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    ₹4.1 L/yr - ₹5.3 L/yr
    Business Executive Salary
    (AmbitionBox Estimate)
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    ₹2.5 L/yr - ₹3.2 L/yr
    Territory Sales Executive Salary
    (AmbitionBox Estimate)
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    ₹5.4 L/yr - ₹6.9 L/yr
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    ₹4 L/yr - ₹8.1 L/yr
    Sales Officer Salary
    (3 salaries)
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    ₹4.5 L/yr - ₹5 L/yr

    Top skills at Panacea Biotec for Medical Representative

    Pharmaceutical Sales MR MR Pharmaceutical Sales Pharma Selling Pharma Marketing TBM Pharma Marketing Medical Rep

    Salary related reviews for Panacea Biotec

    3.5

    Rated by 20 employees for salary & benefits

    Marketing & Communication Department

    5.0
      •  posted on 13 Jun 2020

    4.0
     for  Salary and Benefits

    Likes

    I am working with safety avoid rush area crowded area company supporting me terms of salary and inputs like ppkit and mask company policies are good .

    read more
    • Salary - Good
    • +6 more

    Dislikes

    I got salary timely from the company but there is a big issue regarding my package i have completed 4year in panacea still my package is just 2.5 lack but new bde who joining the company got 3lacks package on same territory .senior bde of company is like a pillar company should give him more support as compare to new bde . Thankyou !

    read more

    Marketing & Communication Department

    1.0
      •  posted on 24 Jul 2018

    3.0
     for  Salary and Benefits

    Likes

    Work life balance

    Dislikes

    Delayed salary Policy paralysis Unresponsive senior management Nil growth Disconnect of managers from team No skill development Incompitable top management White elephants In company Spoiled corporate image among customers

    read more
    • Skill development - Bad
    • +3 more

    Sales & Business Development Department

    1.0
      •  posted on 31 Jan 2018

    2.0
     for  Salary and Benefits

    Likes

    Worked for long 7years in the organization but very hard last 2years

    Dislikes

    There is no work culture now a days and there is no guaranteed salary date and overall single man show.There is no role of managers at all levels.

    read more
    • Salary - Poor
    • +6 more

    Marketing & Communication Department

    4.0
      •  posted on 28 Jun 2019

    3.0
     for  Salary and Benefits

    Likes

    I have enjoyed worked with panacea and the knowledge which I have gained in the period of employment is amazing.But the company culture needs to be improved a lot

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    • Skill development - Excellent
    • +1 more

    Dislikes

    Salary structure and not disbursement of salary at the right time

    Full Time

     · 

    Research & Development Department

    2.0
      •  posted on 28 Mar 2024

    1.0
     for  Salary and Benefits

    Likes

    Company provide opportunities to freshers but don't provide growth opportunities further

    • Skill development - Good

    Dislikes

    ...d. 2. Field HR has no professionalism. They treat employees as bad as they can. They just conduct interviews without discussing salary expectations. 3. Quality control department has worst lab Managers who are non competent, Egoistic & have no Scientific knowledge. They are terrible in handling their teams. They discourage employees who are good at work. 4. There is no Employee Encouraging Work culture. No matter how much good /excel you are at work, they always praise ones who are good at pretending to be a smart one. 5. No promotion strategy, no appraisal/increment for the employees who are at Analyst level. Give Increment every 2 years. That too 10%. 7. Quality Control Methods are unnecessary complicated, lengthy and has no supported scientific studies performed to support Method Validation data. 8. No vision for future expansion. Entire company is running on 2-3 products.

    read more
    • Salary - Bad
    • +2 more
    see more salary related reviews

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    Panacea Biotec Medical Representative Salary FAQs

    What is the salary of Medical Representative at Panacea Biotec?
    Medical Representative salary at Panacea Biotec in India ranges between ₹2.0 Lakhs to ₹5.2 Lakhs for experience between 1 years to 7 years. According to our estimates it is 2% less than the average Medical Representative Salary in India. Salary estimates are based on 31 latest salaries received from various employees of Panacea Biotec India.
    How does the salary of a Medical Representative at Panacea Biotec India compare with the average salary range for this job?
    The average salary of a Medical Representative at Panacea Biotec is 2% less than the average salary of a Medical Representative in India. To know exact salary insights, login to view.
    What are the top skills required to work as a Medical Representative at Panacea Biotec?
    Pharmaceutical Sales, MR, MR, Pharmaceutical Sales and Pharma Selling are some of the popular skills required to work as a Medical Representative at Panacea Biotec India.
    Which similar companies are paying more than Panacea Biotec to a Medical Representative in India?
    • Sun Pharmaceutical Industries Medical Representative Salary - ₹1.8 Lakhs to ₹9.0 Lakhs per year
    • Abbott Medical Representative Salary - ₹1.5 Lakhs to ₹8.0 Lakhs per year
    • Cipla Medical Representative Salary - ₹1.3 Lakhs to ₹7.0 Lakhs per year
    • Torrent Pharmaceuticals Medical Representative Salary - ₹1.7 Lakhs to ₹6.5 Lakhs per year
    • Glenmark Pharmaceuticals Medical Representative Salary - ₹2.0 Lakhs to ₹5.8 Lakhs per year
    What is the salary of a Medical Representative in companies similar to Panacea Biotec in India?
    • Indian Immunologicals Medical Representative Salary - ₹3.7 Lakhs to ₹5.0 Lakhs per year
    • Serum Institute of India Medical Representative Salary - ₹1.7 Lakhs to ₹5.3 Lakhs per year
    • Lupin Medical Representative Salary - ₹2.0 Lakhs to ₹6.1 Lakhs per year
    • Biocon Limited Medical Representative Salary - ₹2.8 Lakhs to ₹5.5 Lakhs per year
    • Bharat Biotech International Medical Representative Salary - ₹3.7 Lakhs to ₹4.6 Lakhs per year
    What is the estimated take home salary of a Medical Representative at Panacea Biotec in India?
    The estimated take-home salary of a Medical Representative at Panacea Biotec ranges between ₹26,356 per month to ₹27,774 per month in India. The take-home salary calculation is based on the average Panacea Biotec Medical Representative salary in India which ranges between ₹2.0 Lakhs to ₹5.2 Lakhs per year for employees with experience between 1 years to 7 years. Check how did we calculate take home salary?
    What is the notice period for Medical Representative at Panacea Biotec?
    According to AmbitionBox, 75% of the Panacea Biotec Medical Representatives reported a notice period of 15 days or less, 19% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 16 responses on AmbitionBox in last 2 years.

    Tell us how to improve this page.

    Panacea Biotec Medical Representative salary in India ranges between ₹2 Lakhs to ₹5.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 31 Panacea Biotec latest salaries received from various employees of Panacea Biotec.