Panacea Biotec Bangalore / Bengaluru Medical Representative Salaries by 3 Employees

1 - 3 years exp.

₹2.2 Lakhs - ₹3.9 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

10% less than the average Medical Representative Salary in Biotechnology Companies for 1 - 3 years of experience

Interested in this particular role? 9 job openings

Last Updated: 17 Mar 2023

Companies similar to Panacea Biotec for Medical Representative in Bangalore / Bengaluru

Panacea Biotec Medical Representative Salary

1 - 3 years exp. (3 salaries)

₹2.2 L/yr - ₹3.9 L/yr

Company name	Avg Annual Salary	Open Jobs
Cipla Medical Representative Salary 0 - 8 years exp. (39 salaries)	₹2.2 L/yr - ₹7 L/yr 32% more
Torrent Pharmaceuticals Medical Representative Salary 0 - 12 years exp. (33 salaries)	₹1.7 L/yr - ₹6.1 L/yr 26% more
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Sun Pharmaceutical Industries Medical Representative Salary 0 - 8 years exp. (32 salaries)	₹3 L/yr - ₹10 L/yr 60% more
Abbott Medical Representative Salary 2 - 10 years exp. (23 salaries)	₹3.2 L/yr - ₹8 L/yr 44% more
Alembic Pharmaceuticals Medical Representative Salary 0 - 6 years exp. (22 salaries)	₹2 L/yr - ₹5.2 L/yr 8% more

Medical Representative salary at Panacea Biotec ranges between ₹2.2 Lakhs to ₹3.9 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 3 latest salaries received from various employees of Panacea Biotec.

Experience wise Panacea Biotec Medical Representative salaries in Bangalore / Bengaluru

Last Updated: 17 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
2 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
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3 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr

From

Medical Representative

₹

Lakhs/yr

1 - 7 years exp.

Regional Sales Manager

₹

Lakhs/yr

9 - 17 years exp.

Medical Representative 1 - 7 years exp.

Area Sales Manager 7 - 16 years exp.

54% hike

Regional Sales Manager 9 - 17 years exp.

55% hike

From

View 1 more level

Medical Representative

1 - 7 years exp.

Regional Manager

18 - 18 years exp.

From

View 1 more level

Medical Representative

1 - 7 years exp.

Regional Business Manager

9 - 21 years exp.

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

Regional Business Manager Salary

(5 salaries)

₹7.3 L/yr - ₹11.3 L/yr

Area Sales Manager Salary

(5 salaries)

₹4.6 L/yr - ₹6.5 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

1.0

Rated by 1 employees for salary & benefits

Territory Business Manager in New Delhi

Full Time

Sales & Business Development Department

3.0

• posted on 21 Feb 2025

3.0

for Salary and Benefits

Likes

Salary and expenses on time..expense policy is good. Culture is so nice supportive but some policy's is so worst.

Company culture - Excellent

Dislikes

No Investment, other segment product you also promote like i am in vaccine and i have to sale diaper and wipe.😒 ill happily keep promoting and sailing if they give more vaccine or pharma brands .

Business Development Executive

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 .

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 !

Sales Executive in Mumbai

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

Skill development - Bad

+3 more

Area Business Manager in Hyderabad / Secunderabad

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.

Salary - Poor

+6 more

Business Development Executive in Mumbai

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

Skill development - Excellent

+1 more

Dislikes

Salary structure and not disbursement of salary at the right time

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Salary Discussions, Hike & Promotions

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

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Panacea Biotec Medical Representative Salary FAQs

How the salary growth look like for a Medical Representative at Panacea Biotec in Bangalore / Bengaluru?

The salary growth for a Medical Representative at Panacea Biotec in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Medical Representative in Bangalore / Bengaluru can expect the following growth trajectory at Panacea Biotec:

Experience	Average Salary Range
1 year	₹3.1 Lakhs to ₹4.0 Lakhs per year
2 years	₹3.2 Lakhs to ₹4.0 Lakhs per year
3 years	₹3.2 Lakhs to ₹4.1 Lakhs per year

and so on.

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Panacea Biotec Medical Representative Salaries in Bangalore / Bengaluru

Panacea Biotec Medical Representative salary in Bangalore / Bengaluru ranges between ₹2.2 Lakhs to ₹3.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Panacea Biotec latest salaries received from various employees of Panacea Biotec.