Panacea Biotec New Delhi Medical Representative Salaries by 4 Employees

1 - 7 years exp.

₹2.6 Lakhs - ₹4 Lakhs

Avg. annual salary

Monthly In-hand Salary

9% less than the average Medical Representative Salary in Biotechnology Companies for 1 - 7 years of experience

Interested in this particular role? 7 job openings

Salaries in different departments

Marketing & Communication Medical Representative Salary 2 - 5 years exp. (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.1 L/yr
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Healthcare & Life Sciences Medical Representative Salary 7 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹4.5 L/yr

Last Updated: 14 Aug 2024

Companies similar to Panacea Biotec for Medical Representative in New Delhi

Panacea Biotec Medical Representative Salary

1 - 7 years exp. (4 salaries)

₹2.6 L/yr - ₹4 L/yr

Company name	Avg Annual Salary	Open Jobs
Lupin Medical Representative Salary 0 - 7 years exp. (34 salaries)	₹2.9 L/yr - ₹5.5 L/yr 14% more
Cipla Medical Representative Salary 0 - 8 years exp. (32 salaries)	₹2 L/yr - ₹7 L/yr 33% more
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Alkem Laboratories Medical Representative Salary 1 - 7 years exp. (32 salaries)	₹2.6 L/yr - ₹5.5 L/yr 16% more
Sun Pharmaceutical Industries Medical Representative Salary 0 - 7 years exp. (31 salaries)	₹2.5 L/yr - ₹8.6 L/yr 61% more
Alembic Pharmaceuticals Medical Representative Salary 0 - 4 years exp. (30 salaries)	₹2.4 L/yr - ₹4.5 L/yr 6% more	3 job openings

Medical Representative salary at Panacea Biotec ranges between ₹2.6 Lakhs to ₹4 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 4 latest salaries received from various employees of Panacea Biotec.

Experience wise Panacea Biotec Medical Representative salaries in New Delhi

Last Updated: 14 Aug 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
2 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
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3 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
4 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
5 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
6 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
7 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr

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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.

65% hike

Regional Sales Manager 9 - 17 years exp.

45% 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)

₹6.6 L/yr - ₹11.1 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

5.0

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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Top trending discussions

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Panacea Biotec Medical Representative Salary FAQs

What is the salary of Medical Representative at Panacea Biotec in New Delhi?

The average salary of a Medical Representative at Panacea Biotec in New Delhi typically ranges from ₹2.6 Lakhs to ₹4.0 Lakhs per year, depending on experience (from 1 year to 7 years).

The top 10% of Medical Representative in New Delhi at Panacea Biotec earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Medical Representative Salaries at Panacea Biotec can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 Panacea Biotec employees in India.

What is the estimated take home salary of a Medical Representative at Panacea Biotec in New Delhi?

The estimated take-home salary of a Medical Representative at Panacea Biotec in New Delhi typically ranges from ₹26,852 to ₹28,264 per month. This is based on the average salary range of ₹2.6 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from 1 year to 7 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Panacea Biotec. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Medical Representative at Panacea Biotec in New Delhi?

To be a Medical Representative at Panacea Biotec in New Delhi, the key skills required include:

- Pharmaceutical Sales
- MR
- MR
- Pharmaceutical Sales
- Pharma Selling

These skills are highly valued at Panacea Biotec and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Panacea Biotec for Medical Representative in India?

Sun Pharmaceutical Industries	₹2.5 Lakhs to ₹8.6 Lakhs per year
Cipla	₹2.0 Lakhs to ₹7.0 Lakhs per year
Alkem Laboratories	₹2.6 Lakhs to ₹5.5 Lakhs per year
Lupin	₹2.9 Lakhs to ₹5.5 Lakhs per year
Alembic Pharmaceuticals	₹2.4 Lakhs to ₹4.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Panacea Biotec, depending on the role and experience level.

How the salary growth look like for a Medical Representative at Panacea Biotec in New Delhi?

The salary growth for a Medical Representative at Panacea Biotec in New Delhi depends on factors such as experience, performance, and promotions. On average, a Medical Representative in New Delhi 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 ₹4.1 Lakhs per year
3 years	₹3.2 Lakhs to ₹4.1 Lakhs per year
4 years	₹3.3 Lakhs to ₹4.2 Lakhs per year

and so on.

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Panacea Biotec Medical Representative Salaries in New Delhi

Panacea Biotec Medical Representative salary in New Delhi ranges between ₹2.6 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Panacea Biotec latest salaries received from various employees of Panacea Biotec.