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Panacea Biotec

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3.7

based on 761 Reviews

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Panacea Biotec Medical Representative salaries in India (Updated 2025)

Annual salary range
1 - 9 years exp.
₹2.2 Lakhs - ₹5.3 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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Medical Representative Salary at Panacea Biotec ranges between ₹2.2 Lakhs to ₹5.3 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 36 latest salaries received from... Read more

At par with the average Medical Representative Salary in Biotechnology Companies for 1 - 9 years of experience

Interested in this particular role? 2 job openings

Last Updated: 10 Jul 2025

Companies similar to Panacea Biotec for Medical Representative

Company name Avg Annual Salary Open Jobs
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Serum Institute of India Medical Representative Salary

2 - 15 years exp. (42 salaries)
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₹2.8 L/yr - ₹6.5 L/yr

arrow icon 30% more
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Biocon Limited Medical Representative Salary

1 - 11 years exp. (13 salaries)
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₹2.8 L/yr - ₹6 L/yr

arrow icon 14% more
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Bharat Biotech International Medical Representative Salary

1 - 6 years exp. (10 salaries)
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₹3.2 L/yr - ₹4.6 L/yr

arrow icon 5% more
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Biocon Biologics Medical Representative Salary

0 - 9 years exp. (5 salaries)
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₹2.4 L/yr - ₹5.8 L/yr

arrow icon 8% more
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Hester Biosciences Medical Representative Salary

1 - 8 years exp. (4 salaries)
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₹2.7 L/yr - ₹3 L/yr

arrow icon 21% less
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Indian Immunologicals Medical Representative Salary

2 - 7 years exp. (4 salaries)
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₹3.7 L/yr - ₹5 L/yr

arrow icon 14% more
Panacea Biotec Medical Representative Salary and Career Growth

From

To

Medical Representative

₹unlock blur Lakhs/yr

1 - 9 years exp.

Regional Sales Manager

₹unlock blur Lakhs/yr

9 - 18 years exp.

Medical Representative 1 - 9 years exp.
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Area Sales Manager 7 - 16 years exp.
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arrow icon 56% hike
    Regional Sales Manager 9 - 18 years exp.
    unlock blur
    arrow icon 58% hike

    From

    View 1 more level

    To

    Medical Representative

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    1 - 9 years exp.

    Regional Manager

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    18 - 18 years exp.

    From

    View 1 more level

    To

    Medical Representative

    unlock blur

    1 - 9 years exp.

    Regional Business Manager

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    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.

    Latest annual salaries shared by Panacea Biotec Medical Representative

    4d ago
    ₹3.2 Lakhs
    8 years exp.
    1w ago
    ₹5.3 Lakhs
    9 years exp.
    1w ago
    ₹3.5 Lakhs
    6 years exp.
    1w ago
    ₹4.6 Lakhs
    8 years exp.
    5mo ago
    ₹4.6 Lakhs
    6 years exp.
    7mo ago
    avg blur mobile
    7 years exp.
    10mo ago
    avg blur mobile
    5 years exp.
    10mo ago
    avg blur mobile
    1 year exp.

    Panacea Biotec Medical Representative salaries by

    Years of experience Avg. annual salary
    1 year (AmbitionBox Estimate)

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    ₹3.1 L/yr - ₹4 L/yr
    2 years  (6 salaries)

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    ₹2.2 L/yr - ₹4.5 L/yr
    3 years  (8 salaries)

    unlock blur

    ₹2.5 L/yr - ₹4.5 L/yr
    4 years  (3 salaries)

    unlock blur

    ₹2.5 L/yr - ₹5.3 L/yr
    5 years  (5 salaries)

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    ₹2.8 L/yr - ₹5.2 L/yr
    View all salaries by experience

    Similar Designation Salaries at Panacea Biotec

    Similar Designation Avg. annual salary
    Medical Sales Representative Salary
    (4 salaries)
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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

    Sales Executive Salary
    (6 salaries)
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    ₹1.7 L/yr - ₹4.1 L/yr

    Regional Business Manager Salary
    (34 salaries)
    unlock-blur

    ₹5.3 L/yr - ₹12.0 L/yr

    Regional Manager Salary
    (AmbitionBox Estimate)
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    ₹7.4 L/yr - ₹9.4 L/yr

    Marketing Executive Salary
    (4 salaries)
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    ₹3.7 L/yr - ₹5.5 L/yr

    Business Executive Salary
    (AmbitionBox Estimate)
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    ₹2.5 L/yr - ₹3.2 L/yr

    Area Sales Manager Salary
    (27 salaries)
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    ₹4 L/yr - ₹7.5 L/yr

    Sales Officer Salary
    (3 salaries)
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    ₹4.5 L/yr - ₹5 L/yr

    Business Officer Salary
    (AmbitionBox Estimate)
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    ₹2.8 L/yr - ₹3.6 L/yr

    View more similar designations

    Top trending discussions

    View All
    Salary Discussions, Hike & Promotions
    1w
    a full stack developer
    No Salary Discussion in My Appraisal — What’s Your Experience?
    In my appraisal meeting, they didn’t ask or discuss my expectations about my salary or hike percentage. The entire discussion was only about feedback and performance review. After the meeting, I asked why they didn’t allow me to share my expectations or reveal my hike numbers. They told me that the hike numbers would be decided only by the owner and then they would inform me. I feel an appraisal meeting should include open discussion about both performance and future expectations. What are your thoughts? Does this happen in your company too?
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    Salary related reviews for Panacea Biotec

    4.1

    Rated by 23 employees for salary & benefits

    Territory Business Manager in New Delhi

    Full Time

     · 

    Sales & Business Development Department

    3.0
      •  updated 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.

    read more
    • 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 .

    read more

    Business Development Executive

    Marketing & Communication Department

    5.0
      •  updated 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

    Sales Executive in Mumbai

    Marketing & Communication Department

    1.0
      •  updated 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

    Area Business Manager in Hyderabad / Secunderabad

    Sales & Business Development Department

    1.0
      •  updated 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

    Business Development Executive in Mumbai

    Marketing & Communication Department

    4.0
      •  updated 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

    read more
    • Skill development - Excellent
      • +1 more

    Dislikes

    Salary structure and not disbursement of salary at the right time

    see more salary related reviews
    More about working at Panacea Biotec

    Panacea Biotec Medical Representative Salary FAQs

    What is the salary of Medical Representative at Panacea Biotec ?
    The average salary of a Medical Representative at Panacea Biotec in India typically ranges from ₹2.2 Lakhs to ₹5.3 Lakhs per year, depending on experience (from 1 year to 9 years).

    The top 10% of Medical Representative at Panacea Biotec earn more than ₹4.9 Lakhs per year, and the top 1% earn over ₹5.3 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 30+ Panacea Biotec employees in India.
    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 in India typically ranges from ₹27,274 to ₹28,679 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹5.3 Lakhs per year for employees with experience ranging from 1 year to 9 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 30+ 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 ?
    To be a Medical Representative at Panacea Biotec in india, 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?
    Serum Institute of India ₹2.8 Lakhs to ₹6.5 Lakhs per year
    Indian Immunologicals ₹3.7 Lakhs to ₹5.0 Lakhs per year
    Biocon Limited ₹2.8 Lakhs to ₹6.0 Lakhs per year
    Biocon Biologics ₹2.4 Lakhs to ₹5.8 Lakhs per year
    Bharat Biotech International ₹3.2 Lakhs to ₹4.6 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.
    What is the salary of a Medical Representative in companies similar to Panacea Biotec in India?
    The salary of a Medical Representative at companies similar to Panacea Biotec in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

    Hester Biosciences ₹2.7 Lakhs to ₹3.0 Lakhs per year

    These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
    How the salary growth look like for a Medical Representative at Panacea Biotec in India?
    The salary growth for a Medical Representative at Panacea Biotec depends on factors such as experience, performance, and promotions. On average, a Medical Representative 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 ₹2.2 Lakhs to ₹4.5 Lakhs per year
    3 years ₹2.5 Lakhs to ₹4.5 Lakhs per year
    4 years ₹2.5 Lakhs to ₹5.3 Lakhs per year
    and so on.

    Tell us how to improve this page.

    Panacea Biotec Medical Representative Salaries by Location

    Panacea Biotec Medical Representative salary in India ranges between ₹2.2 Lakhs to ₹5.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 36 Panacea Biotec latest salaries received from various employees of Panacea Biotec.