The pharmaceutical industry is one of the highest-paying industries. It is in charge of developing modern medicine by creating medicines for society and conducting medical research.
They have several well-paying job openings, some requiring no education or prior work experience.
If you want to work in healthcare or medicine and want a well-paying job, consider working in pharmaceuticals. There are currently approximately 54,000 open positions in the industry.
Do you want to know how many jobs are available in major pharmaceutical companies? This article will discuss how many jobs are available in Major Pharmaceuticals.
You can start by applying for these jobs in 2023. There’s no better to start in 2023 than picking any of these career paths in Major Pharmaceuticals.
Why Do Major Pharmaceuticals Stand Out as a Career Path?
A major in Pharmaceuticals stands out as a career path because the industry is brimming with unique and mind-boggling opportunities, as long as you have the necessary educational credentials.
A career in major pharmaceuticals is appealing for various reasons, including high job demands, substantial compensation, and job stability.
Only your desire and suitability for the job can keep you from being a good fit in this industry. Aside from that, all indications indicate it is a promising career path.
Read this to get more insights into this industry: Is Major Pharmaceuticals A Good Career Path?
How Many Jobs are Available in the Major Pharmaceuticals?
So, how many jobs are there in major pharmaceutical companies? The pharmaceutical industry, one of the world’s largest and most diverse, offers many job opportunities.
According to the U.S. Bureau of Labor Statistics, over 5 million people work in pharmaceutical manufacturing, research, and development.
There are currently approximately 54,000 open positions in the industry.
Additionally, retail pharmacies, wholesalers, and distributors of pharmaceuticals employ approximately 500,000 people. These positions typically pay around $70,000 annually, with some paying more than $100,000.
So, how many jobs are there in major pharmaceutical companies? Here are a few examples of jobs available in this industry:
1. Pharmacists
Average Salary: $128,000
Pharmacists are medical professionals who sell and deliver pharmaceutical medications to patients.
These individuals ensure that patients receive the correct drugs and dosages on time and without incident.
They also assist their patients in understanding the information on medicine labels so that they can choose the best course of treatment for themselves.
2. Biophysicists
Average Salary: $102,000
Biophysicists are scientists who study the biochemistry of living cells. In laboratories, hospitals, and universities, these scientists study how cells respond to stimuli and how to modify them to benefit humans.
Biophysicists focus on physiology and biochemistry rather than a specific disease or illness.
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3. Chemists
Average Salary: $60,000 to $100,000
Chemists are responsible for developing, manufacturing, and purifying chemicals. They manage the inventory, test the products, and inspect the raw quality materials.
They frequently work with other chemists and technologists to develop new products using pre-existing formulations or formulas that have been modified by adding or removing ingredients.
4. Bioinformatician
Average Salary: $131,000
Bioinformatician is another field that comes to mind when exploring how many jobs are available in major pharmaceuticals.
“Bioinformaticians” are specialists in biotechnology, biochemistry, and bioengineering. High levels of physical and computational scientific competence and a solid understanding of arithmetic and computer science are required for the job.
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5. Radiopharmacists
Average Salary: $79,000
Radiopharmacists ensure that imaging and spectroscopic techniques are used safely and efficiently in diagnostic and therapeutic procedures.
Furthermore, specialization is critical when dealing with cancer patients who require proton therapy or radiation therapy delivered by a proton beam.
Radiopharmacists conduct clinical trials to evaluate the safety and efficacy of new cancer treatments and equipment.
6. Medical Scientists
Average Salary: $72,000 to $94,000
When considering how many jobs are available in major pharmaceuticals as medical scientists, you could look into another sector.
Medical scientists lead pharmaceutical development and research. They are in charge of developing new pharmaceuticals and medical devices, improving existing therapies, and discovering novel methods of preventing, diagnosing, and treating illnesses.
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7. Physician Assistants
Average Salary: $121,000
Physician assistants (PAs) are primary care medical professionals with extensive training. They perform physical examinations, write prescriptions, order diagnostic testing, and refer patients to specialists.
Physician assistants also counsel patients on self-care and disease prevention.
8. Sales Representative
Average Salary: $62,000
Pharmaceutical sales representatives sell pharmaceuticals to doctors and other healthcare professionals.
They travel to various locations, including hospitals and clinics, to spread the word about their products and services.
They may also be required to attend training or fulfill requirements. Although some companies offer commission-based pay as a reward for meeting specific sales goals or targets, sales representatives are primarily salaried employees who work full-time hours.
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9. Pharmacoepidemiologist
Average Salary:69,450
Their primary responsibility is to distribute medications. They will also investigate the effects of the medicines on people.
Another aspect of their job is to determine whether the drug is effective or not.
10. Pharmacologist
Average Salary:$82,000
A pharmacologist is someone who researches and develops new medications or treatments. A high-level degree in healthcare or pharmacology is required to become a pharmacologist.
They’re also taking part in clinical drug trials. It applies to those who have advanced in their pharmaceutical careers.
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11. Pharmacology Professor
Average Salary:$94,000
We’re sure you’re aware of these academics’ duties to some extent. They teach students and graduates pharmacology-accredited courses, conduct research, and publish scientific findings.
A pharmacology professor’s salary is influenced by various factors, including the school where he teaches, the length of time he has worked at the institution, and so on.
12. Drug Safety Scientist
Average Salary:$101,000
A drug safety scientist’s primary goal is to ensure that a medicine is safe. These doctors are well-versed in pharmaceuticals and their potential side effects on our bodies.
They investigate the medication’s side effects and devise the necessary precautions. In other words, they are the forefathers of the warnings on prescription labels about specific adverse effects you are about to experience.
So, if you want to know how many jobs are available In major pharmaceuticals, you should try this job.
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13. Medical Writer
Average Salary:$104,000
It is not a job for the average writer, and this person must be familiar with medical terminology.
Medical writers are well compensated because they must understand medications and be able to write well.
14. Pharmacometrician
Average Salary:$142,200
This position combines pharmacology and math. We’re sure you’re interested in the sweet spot. Anyone in this position will be in charge of any future study’s quantitative measures.
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15. Clinical Research Manager
Average Salary:$90,000
You can probably guess what a research manager’s duties will be. They are always in charge of pharmaceutical clinical trials.
They supervise the personnel, ensuring that the research team comprises qualified individuals.
You should not assume that someone does not need extensive knowledge because they will only manage and supervise.
16. Clinical Research Coordinator
Average Salary:$52,000
As you can see, the title “coordinator” only refers to positions whose primary responsibility is managing or coordinating activities. This is something that a clinical research coordinator would agree on.
To be a successful clinical research coordinator, you must have a strong background in pharmacology. Coordination of research on subjects you are unfamiliar with will be ineffective.
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17. Formulation Scientist
Average Salary:$83,000
Even from the name, this job sounds intriguing. Formulation scientists are not limited to the pharmaceutical industry, but it is where they spend the majority of their time. I believe I should state that first.
What are the duties of a formulation scientist? Scientists must thoroughly understand chemistry because they build or design chemical formulae that will be used in products.
18. Research Scientist
Average Salary:$84,000
Remember that the pharmaceutical industry does not solely employ research scientists. Other businesses conduct research before manufacturing.
Before a medicine is developed and tested, much research is conducted in pharmaceuticals.
Research scientists carry out the majority of the research. They are gifted and have excellent memory skills.
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19. Epidemiologist
Average Salary:$78,830
Epidemiologists collect data to investigate health issues such as demographic or population-based illness.
An epidemiologist’s responsibilities include the following:
Researching to determine the cause of illness, disease, and injury
20. Biomedical Engineer
Average Salary:$97,410
Biomedical engineers design computer systems, manufacturing equipment, and tools using science and engineering.
They work in pharmaceuticals and medicine, pharmaceutical manufacturing, and scientific research. So, if you want to know how many jobs are available In major pharmaceuticals, you should try this job.
A biomedical engineer’s responsibilities include the following:
- Create and test tools and equipment
- Provide biomedical equipment technical support.
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What Companies are in the Major Pharmaceuticals?
Below are the companies in Major Pharmaceuticals:
Roche (53bn)
This company surpassed Pfizer to become the world’s largest pharmaceutical company in 2020.
It is at the forefront of oncology, immunology, infectious diseases, ophthalmology, and neuroscience, with a workforce of over 90,000 and headquarters in Basel, Switzerland.
Pfizer (49.7bn)
This company specializes in developing medicines and vaccines in various fields, such as immunology, oncology, cardiology, and neurology.
The company employs over 88,000 people and provides healthcare solutions to over 150 countries worldwide.
Johnson & Johnson (42.2bn)
This company remains on the list of the world’s largest pharmaceutical companies this year.
It is headquartered in New Jersey and develops and manufactures pharmaceuticals, medical devices, and consumer health products.
Johnson & Johnson’s pharmaceutical division grew by an impressive 4% in 2019 thanks to solid performances by critical brands Stelara, Darzalex, and Imbruvica.
Merck (41.8bn)
American pharmaceutical corporation Merck ranked fourth among the world’s top pharmaceutical companies in 2019.
Merck, founded in 1891 and headquartered in New Jersey, focuses on pharmaceuticals, vaccines, and animal health.
The company, which employs 71,000 people worldwide, is well known for its contributions to diabetes and cancer care.
Novartis (37.7bn)
Novartis, a Swiss multinational pharmaceutical company, is ranked fifth. For over 250 years, Novartis has been developing, manufacturing, and marketing ground-breaking medicines.
Novartis, which now has a global presence in 155 countries, focuses on innovative medicines, generics, and biosimilars.
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What do Major Pharmaceuticals Jobs Pay?
Regardless of the critical position and advanced education. However, the big pharmaceutical industry in this country pays poorly.
Your salary may be minimal if you apply for an office position at a pharmaceutical company. Nevertheless, your chances of making a good living are better if you work in the field of research.
A low-level employee in the pharmaceutical industry earns an average of $91,000 per year. If you work in a high-level position, your annual salary will be $164,000. This is the national average wage for the pharmaceutical industry.
On the other hand, major pharmaceutical companies’ salaries are affected by several factors.
Your educational level, position, and internship. As a result, setting pay in this profession is difficult because many other factors play a role.
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What is the Job Outlook for Major Pharmaceuticals Careers?
If you want a career that will challenge you while rewarding you financially, major pharmaceuticals may be for you.
This industry is rapidly expanding and is expected to grow faster than the national average through 2028.
With so many options, it’s easy to see why a career in this field is a good choice. You’ll have numerous opportunities to help improve people’s lives worldwide, and there’s no denying the satisfaction that comes from being able to help those who need it the most.
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How to Find the Major Pharmaceuticals Jobs Near You
There are websites where you can look for jobs in the pharmaceutical industry. When you’re ready to begin your job search, ensure you’re prepared with a professional resume.
Examine the best resume services to assist you in preparing a resume to accompany your job application.
Using a resume service can be wise because it saves you time and outsources this time-consuming task to a professional, allowing you to get a polished resume without the stress of preparing it yourself.
You can look to job search banks and career websites like these to find high-paying major pharmaceuticals jobs:
- Ziprecruiter
- Glassdoor
- Indeed
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What are the Alternatives to a Career in the Major Pharmaceuticals?
You might believe that the career options for a major Pharmaceuticals graduate are limited.
High street chemists, hospitals, and the industrial pharmacy sector are popular destinations, but did you know that this course provides you with a wide range of transferable skills, so you can work in a variety of other fields where pharmacy graduates are highly valued?
Here are seven jobs you may not have considered before:
- Sales
- Marketing
- Administration
- Finance
- Teaching
- Science writer/journalist
- Regulatory Affairs Officer
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FAQs on How Many Jobs Are Available In Major Pharmaceuticals
Why Do Major Pharmaceuticals Stand Out as a Career Path?
How many jobs are available in Major Pharmaceuticals?
What do Major Pharmaceuticals Jobs Pay?
What Companies are in the Major Pharmaceuticals?
Conclusion
We hope this article on the number of jobs available in major pharmaceuticals helps you find your calling.
Also, prominent pharmaceutical companies provide high-level positions. You must, however, have the necessary skills and abilities.
This includes the number of available positions, educational requirements, pay, and the application process.