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Is Major Pharmaceuticals A Good Career Path

Innovative ideas, big career prospects, and good money can all be found in the major pharmaceutical industry.

The pharmaceutical sector is a significant economic and shared force. All kinds of illnesses, such as high cholesterol, cancer, colds, Alzheimer’s disease, diabetes, and allergies, are treated, prevented, and cured by these medications.

Both pharma employers and workers improve the lives of millions of Americans, which in return increases the appeal of major pharmaceuticals as a rewarding career path.

What is Major Pharmaceuticals?

A major pharmaceutical job is a fantastic choice that offers outstanding compensation and benefits and several prospects for growth.

There are numerous specializations within the sector, hence there is something for everyone. Whether your interests are research, production, or sales, there is a position for you in large pharmaceuticals.

How Many Jobs Are There in the Big Pharma Industry?

The U.S. Bureau of Labor Statistics (BLS) predicts that job opportunities for medical scientists should grow by 17% during the same period while jobs for pharmacists are only expected to increase by 2% through 2031.

According to the U.S. Bureau of Labor Statistics, employment in manufacturing pharmaceuticals and medicines is anticipated to increase by 19% between 2019 and 2029.

Salary in the Pharmaceutical Industry

The average yearly salary according to the BLS in the pharmaceutical and medical device manufacturing sector in 2021 was $74,560 which is meaningfully more than the average yearly salary of $58,260 for all U.S. occupations.

The remuneration varies greatly because the sector has a wide variety of role. For example, on average, pharmacy technicians’ earns $35,250 annually compared to compliance officers $82,510.

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Top 5 Pharmaceutical Jobs and Salary

The list below features some of the most promising pharmaceutical careers. Anyone can have a wonderful career in pharmaceuticals with the proper knowledge and expertise. Therefore, look over the list of highest-paying positions below if you’re interested in pursuing a career in this area.

  • Pharmacist: $100K+ annually

The pharmacist’s responsibility is providing patients with safe medication. A pharmacist ensures that prescriptions are written properly and drugs safely administered. Additionally, pharmacists collaborate closely with doctors and nurses to provide counselling services and track patients’ development.

  • Registered Nurse (RN) – $65,000+ per year

Registered nurses are experts in disease processes, treatment methods, pathology, and anatomy and physiology. RNs order tests, assess patients’ illnesses, prepare medications, educate patients and families, arrange treatments, and dress wounds.

  • Clinical Laboratory Scientist: $55,000 and above yearly

Clinical laboratory researchers examine blood and urine samples for various drugs. To identify certain substances in these samples, they may employ chemical reagents.

  • Dental assistant $53K+ per year

When performing routine procedures and surgeries, dental assistants support the dentist. They do dental cleanings, X-rays, and anaesthesia.

  • Optometrist: $50K+ annually

Slit lamps are optical devices that optometrists use to examine the eyes and identify conditions like glaucoma, macular degeneration, cataracts, and other eye illnesses.

Is Major Pharmaceuticals a Good Career Path in 2022?

Absolutely, working in the pharmaceutical industry is an excellent career choice. On the one hand, the sector provides competitive pay and stable employment. The compensation is one of the largest benefits of working for a large pharmaceutical company.

Some of the highest-paying jobs in the nation are those in pharmaceutical sales. A pharmaceutical sales professional makes an annual compensation of over $100,000. Additionally, exceptional performers may make considerably more money than that.

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