Regulatory Issues in Animal Health
The global animal health market is expected to reach $69.44 billion by 2026, and register a CAGR of 5.7% during the forecast period (AP Press February 25, 2019). The greater Kansas City region is home to the KC Animal Health Corridor, now representing 56% of the total worldwide animal health, diagnostics and pet food sales. (kcanimalhealth.thinkkc.com). Kansas State University (KSU) has been working closely with the companies in the Animal Health Corridor to identify opportunities for collaboration and to assist with addressing their needs. The regulatory approval process was identified as a top need. More specifically, their needs were for employees to be educated on the approval process; more talent of educated regulatory professionals; collaboration and dialogue with the regulatory agencies to improve the regulatory process; and to keep abreast of changes. KSU established an advisory board of industry and faculty experts to begin building professional development programs, graduate level courses and a graduate certificate in regulatory affairs. The kick off for the program was in September 2017 in collaboration with industry and the FDA Center for Veterinary Medicine (FDA CVM), and the seminar series has continued to educate and address regulatory challenges and opportunities for improvements. Each seminar draws between 90 and 140 regulatory professionals, with a wide array of attendees including industry, academia, and regulatory agency officials. The seminars are the first of their kind to bring together all 3 sectors – industry, academia and government –to provide a balanced discussion to solve problems together.