A prescription for success: finding career opportunities in the pharmaceutical industry.
Coats' salesmanship and business prowess put him on the fast track to the C-suite. Today, he is president and COO of the U.S. subsidiary of the Japanese-based Eisai. Coats. 41, made his quick ascent through research, networking, and toiling in a number of the company's business departments. Through a series of promotions, he was also able to secure key roles at a time when Eisai was gaining a foothold in the U.S. As Coats discovered, the rapid growth of the pharmaceutical industry has created a variety of opportunities for professionals with expertise and training in sciences, as well as those poised to make a career transition. In fact. during the recession of 2001. it was one of the few industries that actually prospered, growing into a $550 billion sector by 2004. According to WetFeet.com, the top five "big pharma companies--Pfizer, Johnson & Johnson, GlaxoSmithKline, Bayer Group, and Roche--spend nearly $32.6 billion on research and development.
A number of factors are driving the industry's expansion, mostly the aging baby boomer population and looming threats of bioterrorist attacks. As a result, employment in this field is projected to grow at a rate of 23% annually through 2012. According to the Bureau of Labor Statistics, job growth in the pharmaceutical industry is greater than all other sectors combined.
There are no rigid requirements for entry into this industry. Some skills are easily transferable while others involve on-the-job training. Degrees in the sciences, engineering, business, or computer science can be applied to manufacturing or sales positions.
"There are people who are sitting in professional jobs throughout our company today that came in as administrative assistants, with absolutely no experience in pharmaceuticals," says Coats.
Jennifer Stewart, a 30-year-old senior manager of federal government affairs for AstraZeneca Pharmaceuticals, transitioned into her position after five years on Capitol Hill, first as Rep. Gregory Meeks' legislative director then as Rep. Eddie Bernice Johnson's legislative assistant. Stewart, who does not have an educational background in science, is currently pursuing her Ph.D. in education and public policy.
But her current role is a natural progression from her previous position. She spends roughly 60% of her time lobbying members of Congress and political staffers.
It is a heavily networked business, confirms Janet Murphy, a former chemical engineer and president of bcgPHARMA, a pharmaceutical recruitment firm based in Cincinnati. "We find our candidates primarily through networking, especially at association conferences," she says. Murphy strongly advises students and entry-level candidates to join industry associations.
Jarrod Collier, a 27-year-old Ph.D. candidate in pharmaceutical sciences at Howard University, agrees. Collier, who has an undergraduate degree in chemistry and a master's in pharmacy, gained work experience as an R&D chemist at Novartis. He has worked with his fellow graduate students to form Howard's first student chapter of the American Association of Pharmaceutical Scientists, a nonprofit organization of more than 13,000 industry professionals. The goal is to provide greater opportunities to more black students.
"As anyone knows coming out of graduate school, you're looking for a job," says Collier, who conducts doctoral research at the U.S. Food and Drug Administration's Center for Drug Evaluation and Research and works as a clinical research assistant at Howard University Hospital. "Going to the AAPS meetings and informing people that you are graduating, and that you have these abilities, skills, and experiences, is one of the better ways to do that."
The career paths in the pharmaceutical industry are multifaceted. Depending on your education, work experience, and willingness to learn, there are several career options:
Lab Technician: This is an entry-level job. Biological and chemical technicians play an important part in research and development of new medicines. Duties include operating and maintaining laboratory equipment, monitoring experiments, and analyzing data. $27,000-$35,000
Clinical Research Associate: In demand, these associates interact with the pharmaceutical company and healthcare sites. The position is a smooth transition for RNs and other medical professionals who can conduct trials of experimental drugs and analyze data under supervision of a more senior scientist. Clinical research associates are often called upon to write study protocols. An intricate knowledge of FDA guidelines is essential. A chemistry or biology degree is required for this job, as well as experience working in a lab. $42,000-$95,000
Clinical Research Physician: Often filled by medical doctors who develop and implement plans for taking experimental drugs through pre-approval clinical trials. $90,000-$200,000
Research Scientist: With a broad base of scientific knowledge, they are required to conduct experiments for new drugs. They work as researchers and professors at universities, as regulatory scientists for agencies such as the Food and Drug Administration, and as researchers for government agencies such as the National Institutes of Health. $65,000-$110,000
Quality Control Analyst: These analysts are responsible for developing formalized product testing procedures and for writing and debugging the scripts to run the procedures. $39,000-$60,000
Process Engineer: Responsibilities include designing chemical or biological methods for mass producing compounds and design equipment. Engineers make significant contributions toward improving quality control and production efficiency. Chemical engineers design equipment and devise manufacturing processes. Bioprocess engineers design fermentation vats and various bioreactors for microorganisms. Industrial engineers plan equipment layout and workflow to maintain efficient use of plant facilities. $47,000-$86,000
Programmer/Analyst: Requires a background proficient in both computers and science because of the amount of complex database work they do, particularly for clinical trials. $43,000-$86,000
Pharmaceutical Field Sales Rep: Provides information to physicians, pharmacists, dentists, and health services administrators on their company's products. $32,000-$76,000
Regulatory Affairs Associate: Responsibilities include assuring regulatory requirements have been met in drug approval studies and interfacing with the FDA in the approval process and in post-marketing follow-up to ensure the largest possible market for a product. $39,000-$84,000
Where to Find Work
Associations: The American Association of Pharmaceutical Scientists helps members find internships, provides networking opportunities through career fairs, and allows them to post resumes online for potential employers. AAPS also offers career development seminars and workshops, as well as career counseling on-site and online. (www.aapspharmaceutica.com/careercenter/)
Online Job Boards: BioSpace.com and MedZilla.com are Internet recruitment sites that list jobs in biotechnology, pharmaceuticals, healthcare, and science.
SOURCE: WETFEET, AAPS, BUREAU OF LABOR STATISTICS, HIREHEALTH.COM
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|Author:||Jackson, Lee Anna|
|Date:||Jun 1, 2006|
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