Top Pharmaceutical Careers

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Between 2004 and 2014, the pharmaceutical industry is predicted to grow by 26.1%. There is a strong demand for biological and medical scientists concentrating on research and development, and a similar demand for computer specialists. By 2014, careers for medical scientists and business operations specialists are expected to increase by 41.8%. Computer systems analysts are right behind with a 41.7% projected growth. Meanwhile, the numbers of jobs available for sales representatives, first-line supervisors, chemical equipment operators, mixing machine setters, industrial machinery workers, and filtering machine operators are all predicted to grow by 28.9%. The biology tech sector is predicted to grow by 28.3%, and jobs for chemists are expected to increase by 23.6%.

Training requirements for the pharmaceutical industry range from on-the-job training to advanced graduate programs. More than 60 % of all pharmaceutical workers hold a bachelor’s degree, master’s degree, or Ph.D. Pharmaceutical companies have a preference for college graduates with strong scientific backgrounds. These companies also place a heavy emphasis on continuing education. Even those workers who aren’t directly involved with the scientific aspects of the industry are often expected to take courses to familiarize themselves with the latest technologies and drug findings. Such knowledge comes in handy, for example, for the sales and marketing members of the pharmaceutical industry. They represent 3% of the sector’s occupations at this time, and their commissions depend largely on their knowledge of the latest technologies.

Professionals in the pharmaceutical industry typically earn a nice living. In May 2004, production workers or those in non-supervisory positions took home an average of $892 a week. Those in similar manufacturing jobs in other industries took home only $659 a week. Medical scientists, of course, are at the top of the hourly earnings ladder with a median average of $36.92. Obviously, furthering one’s education in this burgeoning field is certainly well worth the time.

Those seeking careers in the industry can certainly expect to have ample opportunities in the long term. Certain diseases, such as cancer, Alzheimer’s, and heart disease, remain, as yet, incurable. Ongoing research into such maladies and the manufacturing of new products to support this research are always going to be needed, which will certainly mean even more employment opportunities. What’s more, the aforementioned diseases are only three of the most common; there are, of course, many, many others.

As the population expands, the demand for pharmaceutical products will increase commensurately. Greater personal income and the increasing health consciousness of the general public are likely to further increase the demand for pharmaceutical products. Even during periods of high unemployment, work is relatively stable in the pharmaceutical field. No matter what the prevailing economic conditions, there will always be a market for over-the-counter and prescription drugs, and the various other products of the pharmaceutical industry.

In short, the industry presents many wonderful and exciting opportunities for individuals seeking stable and meaningful careers.
On the net:Pharmaceutical Industry Channel: Jobs and Job Growth

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