Top 10 Best paying Pharmaceutical Jobs in private sector - Video Representation

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There is a need to be sure about our career when we join in any industry. Here, we are providing information on top paying pharmaceutical jobs in private sector.

In USA, average salary of pharmacists is 99000-140000 USD per anum. It can be varied depending on many factors.

As per IBEF, The pharmaceutical sector was valued at US$ 33 billion in 2017. The country's pharmaceutical industry is expected to expand at a CAGR of 22.4 per cent over 2015–20 to reach US$ 55 billion. India's pharmaceutical exports stood at US$ 17.27 billion in FY18 and have reached US$ 19.14 billion in FY19. Also in 2018, research and development spending in the pharmaceutical industry totaled 1790 billion U.S. dollars globally. For comparison, R&D expenditures totaled 129 billion dollars in 2010.

Currently we can wmention these job sectors as top paying sectors. They are listed as Drug Regulatory affairs, Pharmacovigilance and CR, R&D, F&D, Production, QA, QC, Teaching, SAP/SAS and Medical Writing.

Pharmaceutical field is completely talent based industry. So, salaries and work profiles can be different for person to person. Also let me tell you that Sales and Marketing is not involved in this list. Sky is the limit in pharma sales and marketing. And sales professional can earn even higher than all of those mentioned in this list.
Below, Job profiles of such roles are mentioned.

1. Drug Regulatory Affairs
Eligibility: B.Pharm, M.Pharm, Ph.D
What to do in this job:
Prepares and/or reviews regulatory submissions to support clinical trial and marketing authorisation activities for either internal and/or external clients. With guidance from senior staff, provides regulatory support for more complex projects.
Providing high-quality CMC review of technical documentation i.e CTD Modules, Medical Data Packages, SmPCs, PIs, PILs, Labelling documents, for regulatory filings in emerging markets, for DDReg clients Assist in development of high quality dossier for various markets Adequacy Review and Gap Analysis of Technical Documentation for Non-CTD/CTD dossier compilation. Closure of comments with the cross functional team & review of additional data generated in response to review comments per country. Compilation of Dossier. Review of registration dossier (m1-m5) as per country specific regulatory requirements etc.

2. Pharmacovigilance and CR
Eligibility: B.Pharm, M.Pharm, B.Sc, M.Sc, MBBS, MD, Ph.D, Pharm.D
What to do in this Job:
There are different categories or job profile in pharmacovigilance and clinical research (CR) such as clinical research associate, clinical data management, pharmacovigilance scientist, safety analyst etc.
As clinical research associate one has to conduct pre-study, initiation, monitoring, and closeout visits for research sites according to Medpace/Sponsor SOPs and GCP; Maintain ongoing site correspondence and site files; Complete visit reports and maintaining study-related databases; Oversight and interaction with clinical research sites; and Review of patient charts and clinical research data.
In Clinical Data management, job profile will be Oversight of data discrepancy management. Conduct and/or Close-out activities. Owner of study documentation, including completeness, accuracy, and performing periodic review of eTMF/TMF; Responsible for compiling HoS content. Conduct the protocol amendment impact assessment and complete appropriate documentation; Manage migration and audit trail reports; Create slides for study-specific EDC investigator training; Request DTS creation and ensure DTS finalized and complete for any LSH loads; Execute data review per IDRP (e.g. SAE reconciliation, PK reconciliation, short term-long term reconciliation).
As Pharmacovigilance scientist one has to work in conjunction with Clinical Safety Associates, Clinical Safety Scientists from other processing sites and Medical Safety Physicians (Pharmacovigilance Leader and Brand Safety Leader) to ensure that reports are accurately evaluated and databased. Triage literature cases for databasing or pass them on to the Team Leader for approval of rejection.  Co-author, together with the Medical Safety Physicians, all required regulatory periodic re-ports, collecting, organizing and presenting the available data.  Work with external partner groups, e.g. co-licensing partners and Clinical Research Organisations to meet joint accountabilities.  Represent DS&E at internal and external meetings. Assist the Medical Safety Physicians with project activities in specific therapeutic areas, compatibly with the timely processing/production of individual case reports and regulatory periodic reports.

3. Research & Development
Eligibility: B.Pharm, M.Pharm, M.Sc, Ph.D
What to do in this Job:
Research and development (R&D) is a core talked area of pharmaceutical industry. And also job profiles can vary depending on projects and molecules.
But mainly it includes building a culture of innovation to drive Innovative Generics, New Drug Delivery Systems (NDDS), New Drug Applications and Medical Devices to create new revenue streams for the organization. Contribute to new product selection and prioritization decisions Operationalize and align the Integrated Product Development (IPD) team to deliver on time within budget drug development. Analysis of Raw Materials, Packing Materials. Monitoring In-process quality control & quality assurance activities. Designing, developing and validating new analytical methods, process validations, bottlenecks eradication and troubleshooting Preparation of SOPs & Documentation as per regulatory requirements. Compliance with, GMP, ISO, HACCP guidelines, FDA & other local /International regulatory bodies. Handling customer complaints by root cause analysis and implementation of preventive actions etc.

4. Formulation & Development
Eligibility: B.Pharm, M.Pharm, Ph.D
What to do in this Job:
In pharmaceutical industry, we cannot separate formulation and development (F&D) sector with R&D. F&D and R&D professionals work hand to hand and almost with same profiles but major difference is F&D involves more research towards formulation aspects unlike molecule development in R&D.
F&D scientist roles include design and perform the pre–formulation studies considering the characteristics of drug substance. Selection and Characterization of reference products for the use in development trials and Bio–equivalence studies. Conduct trails to finalize the Prototype and Process optimization for the pilot scale manufacturing. Execution of scale up/exhibit batches to identify the suitability of formulation and manufacturing process for higher scales. Compilation of Product Development Report (PDR) and Comparative Dissolution Report (CDR) etc

5. Production
Eligibility: B.Pharm, M.Pharm, B.Sc, M.Sc, Ph.D
What to do in this Job:
As name suggests, pharmaceutical manufacturing profile is more involved in production of various formulations in industry but their role is not only limited to manufacturing processes but extended in quality aspects.
Production professionals should well versed with quality system and sound knowledge of formulation manufacturing and quality assurance; they have to ensure manufacturing operations are continually supported and maintained in compliance with GMP, quality, safety and environmental regulations. Meeting all the delivery schedules for the products as committed in the Plan and Co-ordination with API Research team, Quality Assurance, Quality Control, Engineering and Warehouse functions to ensure compliance to the committed Plan. Support and maintain Equipment, Systems and Procedures related to manufacturing operations.

6. Quality Assurance
Eligibility: B.Pharm, M.Pharm
What to do in this Job:
They are responsible for ensuring that the units produced adhere to an established quality standard.  Documentation and good GMP Knowledge. SOP as per FDA & GMP Guidelines, Packing Material Development skill. Specific duties of a Quality Assurance Executive position include overseeing the entire production process, looking out for specific problems, minutely Observing the units of goods produced for visible defects, performing various tests on the samples drawn, noting down observations, accepting and rejecting lots on the basis of samples checked, assisting in implementation of quality control programs, assisting in preparation of training manuals and quality guidelines.
It also involves to conduct and monitor QMS related activities and compliance for same. Change control, Deviation, CAPA, Risk Assessment , Self inspection etc.

7. Quality Control
Eligibility: B.Pharm, M.Pharm, B.Sc, M.Sc
What to do in this Job:
They are responsible for managing all the activities of the Quality Control department, including testing of materials (Raw Material, Packing Material, Finished Goods, Stability Studies) and Documentation.
Preparation of departmental SOP in compliance with current guidelines; Analysis, review, and release of Raw Materials, Hold Time samples and Finished Goods. Preparation of Method Transfer Protocols (MTP), Method Transfer Report (MTR), Method of Analysis (MOA), Specifications (SPEC), Test Data Sheet (TDS) for Stability Analysis in compliance with current guidelines. Performing Method transfers and/or Method Validation to and from other sites/laboratories/institutions to support in-process and intermediates sample analysis. Responsible for Stability Program Procurement, validation, and calibration of Instruments.

8. Teaching
Eligibility: B.Pharm, M.Pharm, Pharm.D, Ph.D
What to do in this Job:
It is most humble profession which generates quality of pharmacists. Teaching professionals are involved in many activities apart from education such as research activities, training, documentation etc.
It includes teaching and covering the curriculum as designed by the university; Creating, developing and implementing innovative techniques for better and easy understanding; Monitoring and observing the students attendance, progress and assessments. Preparing various kinds of reports by evaluating and grading the students based on their assessment. Plan and organize for the availability of different study materials and laboratory equipment. Conduct and involve in ongoing research projects and also bring funding to institutes from various government or non-government organizations.

9. SAP/SAS
Eligibility: B.Pharm, M.Pharm, B.Sc, M.Sc
What to do in this Job:
SAS and SAP are unique career lines which are different work profiles than core pharmaceutical professionals.
In the pharmaceuticals industry, those in statistics and SAS programming are important members of the clinical trial and drug development team. They are involved in preparing Clinical Trial Data; Recording Medical History Data, Lab data, investigational Therapy Drug Log, Adverse Event Data, Study Termination Data etc.
SAP is specific software and many pharmaceutical industries runs it. SAP Professionals job profile involves Installation, Upgrade Various SAP Product i.e. SAP ERP, SAP BW, Solution Manager, SAP PO; STMS Configuration, Client Copies, Logical system, Partners profile & RFC configuration activities; Monitoring the SAP system for health and performance issues i.e. spool, RFC, tRFC, Runtime error, System logs, update issue, Lock;  SAP Kernel Upgrades, Add-Ons and Support Packages Installation, System Upgrade, EHP Upgrade and troubleshooting; Ensure all stakeholders are engaged and remain committed to assigned projects and have complete and continuing awareness of the project plan, key milestones, progress to date and plans to completion, providing regular and accurate reports on progress, issues and plans to relevant stakeholders and escalating any issues to AZ management as per agreed Escalation Procedures etc.

10. Medical writing
Eligibility: B.Pharm, M.Pharm, B.Sc, M.Sc, Ph.D
What to do in this Job:
Their roles are to author and prepare patient education reading material, medical documents, PPT for MRs and doctors, brochures, and sections of medical news letter; Assist with the authoring of other more complex scientific documents such as abstracts and publications. Provide basic medical writing support for documents produced by clinicians. Review & provide the scientific feedback on the essential documents related to conduct of clinical trial. Write & review scientific abstracts, publications, related to clinical studies.

Note: This article has been created on basis of internet data and results. Actual job profiles and salaries can vary from company to company and person to person.

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