A Review on Pharmacovigilance: Current Trends and Future Directions

Pharmacovigilance plays a vital role in ensuring the safety and efficacy of medications. This review provides an overview of current trends and future directions in pharmacovigilance, highlighting advancements in signal detection, risk management, and minimization strategies. The article discusses the increasing importance of real-world evidence, artificial intelligence, and machine learning in pharmacovigilance. Regulatory updates, including the implementation of the European Medicines Agency's (EMA) Good Pharmacovigilance Practices and the US Food and Drug Administration's (FDA) Safety Information and Adverse Event Reporting regulations, are also examined. Furthermore, this review explores emerging challenges and opportunities in pharmacovigilance, such as: - The growing need for personalized medicine safety monitoring - The integration of pharmacogenomics and precision medicine - The impact of social media and digital health technologies on adverse event reporting - The evolving role of patients and healthcare professionals in pharmacovigilance.