The pharmaceutical industry is the most research-intensive and lucrative industry in the world. Annual global pharmaceutical sales have quadrupled since 1980 and currently total about $500 billion, with the United States being the largest market for medical products. Thus, there is a tremendous scope for pharmaceutical business development.
Drug labs can be exciting places. You can test for forensics or test for drug evaders. You might also be at the forefront of new drug research, working to cure various diseases or conditions.
Smoking has long been accepted as a contributing factor in lung disease, but now researchers from the Karolinska Institutet in Sweden have shown that genes also play a significant role in the development of chronic respiratory disease.
One of the last fraud cases I worked on as an attorney in the Fraud Division of the Department of Justice (DOJ) was an investigation to determine if Merck, a giant pharmaceutical company, was gouging Medicaid.
At a recent photochemistry conference, I was asked to sit on a discussion panel, principally because my career has been almost exclusively in industry rather than academia. The panel members were asked to introduce themselves and detail their career paths. The eight or so panel members who preceded me all relayed that they'd had relatively similar career paths. The panel members stories all began with something along the lines of ''I earned an undergraduate degree, Master's, Ph.D., did a post-doctoral fellowship, and then got my first job as an assistant professor.''
The recent death of actor Heath Ledger, whose premature demise has been attributed to an accidental overdose of a combination of prescription drugs, has brought into the spotlight an issue many people across the country have only begun to acknowledge: that prescription drugs are now the drug of choice for abusers and addicts looking for a quick, easy, and legal way to get high.
In the pharmaceutical industry, the be-all and end-all is the medical drug. Yet despite the influx of breakthrough pharmaceutical treatments in recent years, achieving progress is significantly more difficult than the mainstream public is led to believe. This is where the concept of ''orphan drugs'' comes in.
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