How Many Jobs Are Available in Major Pharmaceuticals?

From drug research and development to marketing, there are many jobs available in major pharmaceuticals. Pharmaceuticals are a significant part of the healthcare industry, responsible for the production and distribution of drugs and medical devices. With the ever-increasing demand for drugs, medical supplies, and treatments, pharmaceuticals are one of the most lucrative industries in the world.

Overview of the Major Pharmaceuticals Job Market

The pharmaceutical industry has been a key part of the global economy for decades. The sector had annual revenue of about 1.42 trillion U.S. dollars in 2021, making it one of the most lucrative industries in the world. Pharmaceutical companies research and develop new drugs, medicines, and medical devices to help people improve their health and well-being.

The demand for pharmaceutical products is expected to increase in the future due to the growing global population. As such, the number of available jobs in major pharmaceuticals will increase, especially in research and development, production, sales, and marketing.

What Jobs are Available in Major Pharmaceuticals?

Pharmacist - One of the Available Jobs in Major Pharmaceuticals?
Pharmacist – One of the Available Jobs in Major Pharmaceuticals?

Pharmacist 

Available Jobs: 323,500

Annual Average Salary: $128,570

A pharmacist is a healthcare professional who dispenses drugs and provides advice on their use. Pharmacists are essential members of any healthcare team, as they ensure the safe and effective use of medicines. A pharmacist must have a bachelor’s degree in pharmacy and a license from a state board of pharmacy. The job outlook is 2% and will produce 7,700 job opportunities in the U.S. between 2021 to 2031.

Pharmacologist 

Available Jobs: 116,800

Annual Average Salary: $101,437

A pharmacologist is a researcher who studies how drugs affect the body, how they are absorbed, and how they are broken down. Pharmacologists perform experiments to determine how effective a drug is, how harmful it is, and how it should be administered. A pharmacologist must have a degree in pharmacology. The job outlook is 8% between 2021 to 2031 and will produce 10,600 job opportunities across the U.S.

Pharmacoepidemiologist 

Available Jobs: 8,600

Annual Average Salary: $78,830

A pharmacoepidemiologist studies how the use of drugs affects large populations. They examine how diseases spread and how they can be treated with pharmaceutical products. A pharmacoepidemiologist must have a master’s degree in epidemiology and experience conducting research in a laboratory setting. The job outlook is 26% and will produce 2,200 job opportunities across the U.S. between 2021 to 2031.

Pharmacometrician 

Available Jobs: 7,700

Annual Average Salary: $152,000

A pharmacometrician is a researcher who analyzes pharmaceutical data and conducts statistical analyses. They help to identify patterns and trends in the data to guide research and product development. A pharmacometrician must have a Ph.D. in pharmacokinetics and experience analyzing pharmaceutical data. The job outlook is 28% between 2021 to 2031 and will produce 2,200 job opportunities across the U.S. 

Research and Development Scientist 

Available Jobs: 93,013

Annual Average Salary: $90,278

A research and development scientist works in pharmaceutical laboratories to conduct experiments and develop new drugs. They may work directly with patients to test new drugs and monitor side effects. A research and development scientist must have a degree in biomedical sciences or pharmaceutical sciences and experience conducting research in a laboratory setting. The job outlook is 8% and will produce 7,500 job opportunities across the U.S. between 2021 to 2031.

Clinical Research Scientist 

Available Jobs: 10,453

Annual Average Salary: $99,160

A clinical research scientist is a healthcare professional who researches the safety and effectiveness of new drugs. They perform experiments on patients to determine how drugs affect them and if they are safe for public use. A degree in biology or any related field and experience conducting research in a laboratory setting is essential for clinical research scientists. The job outlook is 6% between 2021 to 2031 and will produce 700 job opportunities across the U.S.

Project Manager 

Available Jobs: 781,400

Annual Average Salary: $94,500

A project manager is a member of the management team responsible for overseeing a company’s projects. They are in charge of scheduling, organizing, and directing project staff to ensure timely and accurate completion of projects. A project manager must have a bachelor’s degree in business management or a related field and experience in a management role. The job growth rate is 8% and will produce 56,300 job opportunities across the U.S. between 2021 to 2031.

Drug Safety Scientist 

Available Jobs: 16,395

Annual Average Salary: $108,766

A drug safety scientist is a researcher who examines pharmaceutical products and their components. They are responsible for testing the safety and effectiveness of drugs and medical devices. A drug safety scientist must have a degree in biomedical or pharmaceutical sciences and experience conducting research in a laboratory setting. 

Drug safety scientists must have a strong understanding of chemistry and biology to excel in this role. The job outlook is 8% between 2021 to 2031 and will produce 1,400 job opportunities across the U.S.

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Quality Control Specialist 

Available Jobs: 12,000

Annual Average Salary: $46,974

A quality control specialist is a healthcare professional who ensures that pharmaceutical products are safe for public use. They conduct tests and experiments on drugs, medicines, and medical devices to ensure they are effective and without defects. A quality control specialist must have a bachelor’s degree in chemistry or a related field and experience in a quality control role. The job growth rate is 1% between 2021 to 2031 and will produce 1,200 job opportunities in the U.S.

Medical Writer 

Available Jobs: 50,300

Annual Average Salary: $93,842

A medical writer is a healthcare professional who writes articles and reports on pharmaceutical products. They summarize research and present it in a way that the public can easily understand. Medical writers must have a bachelor’s degree in biomedical sciences or a related field and experience in a medical writing role. The job outlook is 8% between 2021 to 2031 and will produce 4,700 job opportunities across the U.S.

What Are the Education Requirements for Major Pharmaceuticals Jobs?

For the most part, pharmaceutical companies are looking for candidates with a science background. Therefore, a degree in one of the following fields is essential for finding a job in this industry:

  • Pharmacy
  • Pharmacology
  • Medical sciences
  • Biology
  • Chemistry
  • Biochemistry
  • Microbiology

A strong understanding of these sciences is essential for those who want to work in the pharmaceutical industry. To be competitive in the job market, completing a degree in one of these fields is essential.

Factors Affecting the Availability of Jobs in Major Pharmaceuticals

Factors Affecting the Availability of Jobs in Major Pharmaceuticals
Factors Affecting the Availability of Jobs in Major Pharmaceuticals

Several factors affect the availability of jobs in major pharmaceuticals, including economic conditions, technological advancements, and the changing regulatory landscape.

Economic conditions

Economic conditions play an important role in the availability of jobs in major pharmaceuticals. When there is an economic downturn and a decrease in consumer spending, pharmaceutical companies see a reduction in demand for their products, which leads to a decline in jobs.

Technological advancements

Technological advancements also affect the availability of jobs in major pharmaceuticals. As new technologies are developed, they often replace jobs currently being done by workers in the pharmaceutical industry. For example, the introduction of robotics in laboratories has resulted in the replacement of many lab technicians.

Changing regulatory landscape

A changing regulatory landscape often results in a reduction in the availability of jobs in major pharmaceuticals. When there is a change in the regulatory requirements, it often results in the approval of fewer new products. This is due to varying standards by regulatory agencies and difficulty in meeting regulatory requirements.

Availability of funding

Availability of funding also affects the availability of jobs in major pharmaceuticals. Over the past few years, there have been fluctuations in the amount of funding available for research and development. When there’s a reduction, fewer projects get initiated, and fewer jobs become available.

How to Get a Job in Major Pharmaceuticals

How to Get a Job in Major Pharmaceuticals
How to Get a Job in Major Pharmaceuticals

Get the required education

Most major pharmaceutical jobs require a bachelor’s degree or higher in a science-related field such as pharmacy, pharmacology, biology, or chemistry. These fields will help prepare you for the rigors of the job and give you the knowledge you need to succeed. You can also look into getting a graduate degree in a related field or MBA if you want to go into management. Some positions require certifications or licensure.

Get your certification and license

Depending on the specific job you’re pursuing, you may need a certification or a license. For example, if you want to work as a pharmacist, you must become certified and get your license. Other areas, such as pharmaceutical sales representatives, do not require a license.

Understanding the job market

Before you begin applying for positions and interviewing, research the job market and what employers are looking for. This will help you tailor your resume and cover letter for each employer and make you a strong candidate.

Hone your skills

Depending on the specific field you’re trying to break into, you can enhance your skills to make yourself a more attractive candidate. For example, suppose you’re trying to break into pharmaceutical sales. In that case, you’ll want to be able to speak to potential customers and demonstrate your product knowledge. You can take courses or shadow employees in the field to enhance your skills and become an attractive candidate for employers.

Networking

Although not everyone gets their job through networking, it is an excellent way to meet people in the industry and let them know you’re looking for a position. You can also use your network to reach hiring managers and show you’re interested and qualified for the job. Also, join networking groups to help you get in touch with the right people.

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Researching job openings

Once you understand the job market and have honed your skills, you can begin researching job openings and finding potential employers. Start with job boards and reach out to employers to let them know you’re interested in working for them.

When researching job openings, note the skills and expertise to apply for the position, education and experience, salary range, and job location.

Submitting your resume and cover letter

You need to submit your resume and cover letter when applying for positions. These are your introduction to the hiring manager and can help you land an interview. Your resume should be professional, concise, and written for the specific position.

Preparing for interviews

Before you enter an interview, you should know as much as possible about the company and the position. You can start by reading their website and social media pages. You can also use Google to find information about the company and the industry.

You can the following steps to prepare for interviews:  

  • Practice Interview Questions: You can find sample interview questions online to practice and ensure you’re ready for anything.
  • Know Your Strengths and Weaknesses: You can list your strengths and weaknesses to ensure you’re prepared for any questions the hiring manager may ask.
  • Know Your Priorities: Knowing what’s most important to you can help you stay focused and know what to highlight during the process.

Landing the job

After all this hard work, you’ve finally landed the job. Now what? Make sure to hit the ground running as soon as you start the job. Demonstrate your commitment and capability by familiarizing yourself with the company, role, and processes before your first day. This will help you transition smoothly into the new job and ensure that you make a good lasting impression.

Skills Needed to Get a Job in Major Pharmaceuticals

Skills Needed to Get a Job in Major Pharmaceuticals
Skills Needed to Get a Job in Major Pharmaceuticals

Knowledge of the industry

To work in major pharmaceuticals, you must have a thorough knowledge of the industry. You need to understand the various stages of production and be able to distinguish between them. Also, you may need to know the different types of drugs, treatments, and their manufacturing process.  

Understanding of regulations and procedures

Working in major pharmaceuticals requires that you have a strong understanding of the regulations and procedures that govern the industry. Regulations vary from country to country and are designed to protect people from potential risks and side effects of the drugs being manufactured. They also protect the reputation of the brand and the company behind them.

Products development

For many, working in major pharmaceuticals means being part of the team responsible for developing new drugs. This requires a thorough understanding of the entire development process from start to finish. You will need to know the procedures to test the drugs, how long they take, and the end results.

Negotiation skills

Working in major pharmaceuticals often involves negotiating with suppliers, clients, and colleagues. You may need to find suppliers that can produce the materials used in your company’s products at a reasonable price. Or negotiate contracts with companies that wish to sell your products. You may also need to negotiate with clients to ensure they receive the best product and experience possible.

Interpersonal skills

In addition to having strong negotiation skills, you will also need strong interpersonal skills to work in major pharmaceuticals. This includes working well with colleagues and clients, communicating effectively, and creating positive relationships with others. You will also interact with people outside the team, including suppliers, clients, and customers.

Leadership skills

Some positions in major pharmaceuticals are managerial roles. As a leader, you will be managing other team members as they work on various projects. You will need to manage the work effectively, assign tasks, and lead your team to success. Also, you need to communicate your vision for the team and motivate them to do their best.

Project management

Project management includes assigning work to your team members, monitoring their progress, and helping them stay on track with their milestones. You will need to break down big projects into smaller tasks. Also, you need to create timelines for when these tasks must be completed. This will help you stay organized and able to troubleshoot when the project goes off course.

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Understanding of the latest trends

Keeping up with the latest trends in major pharmaceuticals will help you stay informed about what is happening in the field. This will allow you to contribute meaningful discussions with your colleagues and provide valuable insight to your manager.

Understanding the latest trends will also help you identify new project ideas and areas where your company can improve. You can keep up with the latest trends by following industry publications and participating in online forums.

Strong business skills

Major pharmaceuticals is a business, and as such, you will need strong business skills to succeed. You should understand company finances, project budgets, and how your work contributes to the bottom line. Also, you need to know how the sales of your products impact the company’s finances. In addition, make recommendations to improve the company’s performance.

Marketing

Marketing is an essential part of major pharmaceuticals. This includes promoting your company’s products and their benefits to clients and the general public. It also includes promoting your team and the work that they do. You can help promote your team by highlighting their achievements and using them to promote the products you are working on.

Where to Find Jobs in Major Pharmaceuticals

Industry-Specific Job Sites for Major Pharmaceuticals

Industry-specific job sites are a great place to find jobs in major pharmaceuticals, especially if you’re targeting a specific niche. Here are some of the best industry-specific major pharmaceuticals job sites:

PharmaOpportunities: a niche pharmaceutical job board connecting pharmaceutical and life science professionals with employers looking to hire them.

PharmiWeb: The leading industry-sponsored job portal for the pharmaceutical sector in Europe

EuroPharmaJobs: Here, international and English-speaking job seekers can find pharma jobs across Europe.

NextPharmaJob: An online job portal for the pharmaceutical industry founded in 2010.

BigPharmaJobs: This is India’s number one pharmaceutical recruitment company with a presence in India and overseas.

National & International Job Boards

If you’re open to working in any part of the world, there are several national and international job boards you can use to find major pharmaceutical jobs. Here are some of the best national and international major pharmaceuticals job boards:

  • Monster
  • Indeed
  • Glassdoor
  • ZipRecruiter
  • LinkedIn

Social Media

Social media is a great place to find jobs in major pharmaceuticals, in your geographic region, or worldwide. LinkedIn is one of the best social media platforms for job hunting. You can also try posting your resume on Facebook and Instagram.

Networking

Networking is another great way to find jobs in major pharmaceuticals. If you have industry contacts, ask them if they know of any positions that are coming up. You can also ask your friends and family if they know of any major pharmaceuticals jobs.

Professional Organizations

Finally, you can also look for jobs in major pharmaceuticals in your local professional organization. Most employers in major pharmaceuticals recruit through these organizations so that you can find out about a wide range of positions at once.

Top companies with available jobs in major pharmaceuticals

Tips for Finding Jobs in Major Pharmaceuticals

You can use any job boards and sources listed above to find jobs in major pharmaceuticals. However, you can do a few things to improve your chances of success.

  • Remember to keep your resume and cover letter up to date and accurate at all times, and look at your industry-specific job boards as often as possible.
  • If you have a specific company in mind, apply directly through their job board or website. This will give your application a greater chance of standing out from the crowd.
  • Finally, don’t forget to network with people in your industry or those who work in major pharmaceuticals. You never know what opportunities might come your way through a personal connection.

Conclusion: How Many Jobs are Available in Major Pharmaceuticals?

The pharmaceutical industry is a key part of the global economy, responsible for producing and distributing drugs and medical devices. With the ever-increasing demand for drugs, medical supplies, and treatments, pharmaceuticals are one of the most lucrative industries in the world. As such, the number of available jobs in major pharmaceuticals is constantly growing.