Best paying jobs in major pharmaceuticals | best jobs in the pharmaceutical industry
The drugs we take to be healthy are developed and produced by the pharmaceutical business. There are many well-paying employment available in the medical field because research and medicine are crucial to the growth of medical science. Knowing which positions pay the most can be helpful if you work in the pharmaceutical sector or if you want to.
This article discusses the pharmaceutical industry, the highest paying pharmacy jobs in USA, the highest paid pharmaceutical jobs UK, Best paying pharma companies, job titles in pharmaceutical companies, as well as best paying jobs in major pharmaceuticals.
What are pharmaceutical jobs?
Pharmaceutical jobs are duties or works that are compensated on a weekly, monthly, or annual basis in the pharmaceutical industry. These pharmaceutical careers could also be contracts, part-time, or full-time positions.
Pharmaceutical Career Salary
The average pharmaceutical salary in the USA is $50,000 per year or $25.64 per hour. Entry level positions start at $35,100 per year while most experienced workers make up to $115,000 per year.
Senior Project Manager – $91.35 per hour
Clinic Manager – $81.06 per hour
Compliance Officer – $73.50 per hour
Senior Clinical Manager – $84.39 per hour
Information Design & Documentation
Quality Assurance Analyst – $38.58 per hour
Business Process Analyst – $53.69 per hour
Business Analyst – $55.00 per hour
Pharmaceutical Career Salary
Pharmaceutical scientists are highly trained to find, develop, test, and produce novel pharmaceuticals, in contrast to pharmacists who are prepared to monitor medication use, connect with other healthcare professionals, prepare and distribute prescriptions, and educate patients about those medications.
The majority of a typical pharmaceutical scientist’s time is spent in a lab figuring out and learning about how various substances interact with disease-causing cells and animals. They also look into how these substances affect the body to see whether they could potentially be turned into new medicines.
It takes a long time and a lot of money to develop new medications. They divide this procedure into three steps:
- Finding novel drugs to treat sickness through discovery
- Development: Testing the new medication’s effectiveness and safety on humans and animals
- Creating the new medication in big quantities for distribution
In the US, pharmaceutical scientists receive an average salary of $79,535 per year, or $38.24 per hour. The bottom 10% of pharmaceutical scientists earn approximately $55,000 annually, while the top 10% earn $115,000 annually.
How much a pharmaceutical scientist makes depends on where they work. The states with the highest pharmaceutical science salaries are California, Montana, Rhode Island, Maryland, and Illinois.
30 Best Paying Jobs in Major Pharmaceuticals USA
Here are a few of the pharmaceutical business occupations that are very high ranking among the best paying jobs in major pharmaceuticals.
1. Medical Liaison Officer
A medical science liaison is a professional who educates consumers, investors, and government agencies about a medicinal device, substance, or treatment. They conduct studies to determine how to treat medical conditions and investigate data through medical samples. They can create and test medical devices and write grant proposals to apply for federal funding.
To be successful, they are passionate about problem-solving and knowledgeable about medicine and the scientific method. You can not finish the list of best paying jobs in major pharmaceuticals without
National average salary: $51,340 per year
2. Pharmaceutical financial analyst
By examining and evaluating financial data, pharmaceutical financial analysts offer advice on corporate investments and business decisions. When advising corporate leaders on how to manage their finances, they can take into account marketing trends, the organization’s current financial soundness, and the surrounding economic, industrial, and commercial contexts. These professionals need in-depth understanding of accounting and finance in order to succeed.
National average salary: $71,022 per year
3. Regulatory Specialist
A regulatory specialist is a specialist who helps biotechnology or pharmaceutical businesses get their goods approved. They can confer with government officials on how to make drugs or devices compliant and advise scientists on how to meet current regulations when developing medicines. They aid in ensuring that they properly labeled all products throughout production. Successful regulatory experts are critical thinkers who are knowledgeable about both government and medical policy.
National average salary: $75,143 per year
4.Pharmaceutical sales representative
Pharmaceutical sales specialists inform medical practitioners about medical products and convey the value of drugs. Pharmacists, nurses, and other medical practitioners are examples of these healthcare professions. Additionally, salespeople may share things with customers and instruct them on how to use them. Pharmaceutical sales people need to be well knowledgeable about medications and patients in order to be effective.
National average salary: $76,351 per year
5. Clinical data manager
Clinical data managers offer direction to the groups of researchers and data analysts who collect and assess clinical data. They collaborate with other data managers to handle the data and organize the data from medical and pharmacological trials. After reviewing, they produce data reports to communicate their results and their significance to individuals who might not be familiar with them.
A clinical data manager, for instance, might be in charge of a group of people who describe whether a new drug meets expectations. Clinical data managers must be natural leaders, mathematically inclined, and enthusiastic about technology to succeed. They are among the highest paying pharmacy jobs in USA.
National average salary: $77,197 per year
6. Pharmaceutical outside sales representative
Outside sales people meet with target customers in person, which sets them apart from ordinary sales agents. They routinely travel to meet with merchants and medical specialists. Additionally, they could represent their employer at conferences or exhibit novel treatments and applications at trade shows. These experts need to be charming and informed about the medications they’re marketing if they want to succeed.
National average salary: $81,626 per year
7. Drug manufacturer
A person who assists the commercial production and distribution of pharmaceuticals is known as a drug producer. They manufacture a lot of pharmaceuticals or medical equipment, then transport it to pharmacies, medical supply shops, mail-order companies, and hospitals. A medication maker needs to be informed about chemistry, biology, and supply chain management components to be effective.
National average salary: $82,977 per year
8. Research scientist
Scientists that conduct pharmaceutical research carry out studies to improve, find, or develop new medications. They investigate the pharmacological reactions and potential adverse effects of any new medicine using synthetic and natural materials. Clinical trials may be planned and carried out by a research scientist in pharmaceuticals. Research scientists need to be meticulous and have in-depth understanding of biology and chemistry to succeed in this position.
National average salary: $86,876 per year
9. Pharmacy Manager
For the pharmacy they oversee, a pharmacy manager offers direction and structure. They plan medication deliveries, consult with patients, and train techs and pharmacists. A hospital, grocery store, corner shop, local or chain pharmacy, or disbursement center could employ A pharmacy manager. Pharmacy managers can increase their self-assurance and understanding of drugs and their interactions in order to succeed. It is one of the best paying jobs in major pharmaceuticals.
National average salary: $117,828 per year
10. Biotechnology consultant
Consultants in biotechnology are professionals with backgrounds in both biology and technology. They give management at biotechnology companies direction and counsel on how to create better drugs and medical devices. To advise decision-makers on what new initiatives they should launch, a biotechnology consultant may identify problems that require treatment or current trends in the sector. Successful biotech consultants are familiar enough with therapies, medical technology, and product development to offer reliable guidance for boosting earnings.
National average salary: $137,073 per year
A biostatistician carries out research and gathers information on public health. They can analyze the data they gather to make projections about the course of biological events. Professionals in the medical field, such as doctors, surgeons, and geneticists, can work along with biostatisticians. There are among the best paying jobs in major pharmaceuticals in USA.
They mainly work at research institutes or government organizations to monitor new diseases, assess the efficacy of new medications, and study genetics. You can learn the analytical and mathematical abilities necessary for success as a biostatistician.
National average salary: $145,099 per year
12. Biomedical Engineer
Biomedical engineers design computer systems, manufacturing tools, and equipment using science and engineering. They are employed in industries like pharmaceuticals, healthcare, pharmaceutical production, and scientific research.
A biomedical engineer’s duties may include:
- Create and evaluate tools and equipment.
- Give biomedical equipment technical support
Average Salary: $97,410/year
Epidemiologists’ job is to gather information to look into health problems like population- or demographic-based sickness.
An epidemiologist’s duties may include; Investigating the causes of illness, disease, and harm through research. Epidemiologist is one of the best paying jobs in major pharmaceuticals.
Average Salary: $78,830/year
14. Medical Liasion Officer
An essential position in the medical or health sector is that of a medical science liaison. They put a lot of effort into forming connections with influential people in the healthcare industry and provide the potential for expansion.
This position is open in organizations that create drugs and medical devices, typically pharmaceutical firms and contract research organizations. There are numerous factors at play when it comes to income. For their employees, several businesses make a variety of offers.
A medical liaison’s annual salary ranges from $50,000 to $150,000 making it one of the best paying jobs in major pharmaceuticals in USA.
15. Regulatory Affairs Associate
A regulatory affairs associate is one of the positions held by pharmaceutical firms. This individual assists medical and pharmaceutical firms in navigating the regulatory approval procedures so that goods are flawlessly compliant with all local, state, and federal regulations.
Average salary: $70,000 – $100,000
16. Clinical Research Physician
A regulatory affairs associate is one of the positions held by pharmaceutical firms. This individual assists medical firms in navigating the regulatory approval procedures so that goods flawlessly comply with all local, state, and federal regulations.
Average Salary: N/A
A regulatory affairs associate is one of the positions held by pharmaceutical firms. This individual assists medical firms in navigating the regulatory approval procedures so that goods flawlessly comply with all local, state, and federal regulations. It is an integral part of pharmaceutical practice in addition to being of the best paying jobs in major pharmaceuticals.
Average Salary: $50,000 – $90,000
18. Quality Control
This is a system of maintaining standards in manufactured products by testing a sample of the output against the specification.
These pharmaceutical companies directly employed people to monitor the standards of products to be of general acceptance and such would make company products to be approved by external quality control agents.
Average Salary: N/A
19. Medical Writing
The ability to communicate well with words is important, yet there are people who choose to pursue careers as medical writers.
A medical writer is someone who chooses this line of work. A medical writer creates clinical trial documents that concisely communicate research findings, product use, and other medical information using the clinical research principles.
Average Salary: N/A
20. Business Development Manager
In order to create and implement growth prospects within and between firms, business development involves a number of duties and procedures.
The aforementioned duties are under the supervision of a business development manager who makes sure the company’s business operations run smoothly.
21. Quality assurance associates and analysts
Together with the quality control staff, they ensure that the created goods are both safe and of a high caliber. Maintaining and enhancing the reputation of the pharmaceutical company requires this career path.
Average Salary: $60,147-$100,000 annually
22. Pharmaceutical Support Officer
Together with the quality control staff, they ensure that the created goods are both safe and of a high caliber.
Maintaining and enhancing the reputation of the pharmaceutical company requires this career path.
Average Salary: N/A
23. Teaching and Lecturing
Support is a crucial component of productivity in every firm. Any department of the organization has a pharma support officer.
The industry and company history serve as the prerequisite for this employment offer.
Average Salary: N/A
24. Medical Advisor
A medical advisor contributes substantially to the pharmaceutical company’s appraisal and dissemination of critical scientific data. Typically, this job path is the following step in a Clinical Research Physician’s career.
Average Salary: $60,000 – $100,000
25. Customer services
This is one of the more sought-after positions in pharmaceutical firms. A customer service representative is typically in charge of assisting and representing clients in relation to the use, enhancement, and resolution of a good or service.
They consider criticism and put in a lot of effort to provide excellent customer service.
Average Salary: $30,000 – $80,000
26. Marketing Manager
A marketing manager is to oversee the positioning and promotion of a brand or the goods and services that a business offers.
Typically, companies hire marketing managers to develop marketing initiatives that would increase brand awareness and bring in more customers.
Average Salary: N/A
27. Talent Acquisition Specialist
An organization’s talent acquisition specialist is in charge of finding, luring, interviewing, employing, and onboarding new personnel. Internal recruiter can also fill in at this position.
28. Security Personnel
Pharmaceutical firms are not exempt from the need for security personnel at any establishment.
Depending on a company’s preferences, security personnel’s qualifications can differ.
Average Salary: N/A
It is a wonderful career that will always exist and keep on giving millions of people jobs and services. This is one position that pharmaceutical companies have the most demand for.
When you perform cleaning work professionally, having the correct skills will pay off well. Although it pays more than the majority of white-collar employment, most people disregard this job.
30. Financial Accountant
Financial accountants work in pharmaceutical corporations, among other industries. This person is in charge of the business’s financial operations.
For ease of understanding and clarity, they manage and assess the company’s expenses and revenue in a fairly straightforward manner. The list of best paying jobs in major pharmaceuticals will not be complete if we fail to put Financial accountant.
Average Salary: $80,000 – $120,000
The pharmaceutical sector is expanding quickly and is here to stay. Working in this area may lead to a high salary, benefits, and other benefits, as well as the chance to support a sector that is introducing new medicines and vaccines to the globe.
We hope that this list has inspired you to choose a career in the big pharma industry. Visit Applyforajob.com to begin your job search when you’re ready to do so.
Frequently Asked Questions
What is the highest paying job in pharmaceuticals?
- Pharmaceutical sales representative. …
- Clinical data manager. …
- Pharmaceutical outside sales representative. …
- Drug manufacturer. …
- Research scientist. …
- Pharmacy manager. …
- Biotechnology consultant. …
- Biostatistician. National average salary: $145,099 per year.
2. What is the best career in pharmacy?
- Community pharmacist. Do you love to work with people? …
- Hospital pharmacist. Hospital pharmacists are medicine experts in the field of medicines. …
- Primary care pharmacist. …
- Researcher / academic. …
- Pharmaceutical industry / clinical trials. …
- Locum pharmacist. …
- Government and NGO roles.
- Military pharmacist.
What pharma company pays the most
We have seen a lot of best paying pharma companies, but what pharma company pays the most? With sales of USD 82.06 billion and the top spot among pharmaceutical companies in terms of sales, Johnson & Johnson is the biggest pharmaceutical business in the world. Founded in 1886, Johnson & Johnson is an American global firm that creates consumer packaged goods, pharmaceuticals, and medical equipment. They offer the best paying jobs in major pharmaceuticals.
What is the difference between pharma and Biopharma?
The process by which they made the drugs differs significantly between biopharmaceutical and conventional pharmaceuticals: the former are made in living creatures like bacteria, yeast, and mammalian cells, whereas the latter are made by a series of chemical syntheses.