What is Pharma?
The pharmaceutical industry works to discover,
develop and commercialize the medicines of the future. Companies conduct drug
development research in-house and/or license products from academia, other
pharmaceutical companies, or small biotechnology companies. Many firms also develop
other goods, such as medical devices and personal care, nutritional and animal
health products.
Why switch?
A career in pharma allows you to work on
developing products that directly improve people’s lives. Pharmaceutical
research is usually very focused, with a clear aim and a practical application,
and is conducted in well-resourced facilities. Pharmaceutical companies
comprise diverse departments ranging from research & development to
business development or law, and thus provide PhD holders with diverse
opportunities and the flexibility to explore careers that extend beyond bench
research. Pharma is a great choice for those who enjoy working with others in
highly collaborative, multidisciplinary teams. Other advantages include attractive
financial and benefit packages and the ability to maintain a good work/life
balance.
What positions
can one hold in the pharmaceutical industry?
Research
scientist: design and execute
research to discover new drug candidates
Clinical
development scientist: perform clinical
trials to determine efficacy and safety of new drugs
Biostatistician: provide statistical support during design,
execution, analysis and reporting of clinical studies
Project Manager: oversee multidisciplinary, cross-departmental projects
and ensure collaborative and timely execution.
Business
management: co-ordinate the overall
running of the company or a department
Business
development: identify, analyze and
implement new growth opportunities for the company
Regulatory
affairs: communicate with drug
regulatory agencies (e.g. the FDA) to keep up with government regulations and
ensure company compliance
Quality
assurance/quality control: design,
develop and implement systems to ensure that products are developed and
manufactured in accordance with FDA rules
Pharmaceutical
sales representative: sell drugs and
medical devices to healthcare providers and research institutions
Medical Science Liaison: establish
and maintain relationships with physicians working in a specific disease area to
maximize effective use of company products
Where will
you work?
Pharmaceutical companies range in size from small start-ups to huge global corporations, and are located across
the world. Within the US, companies are situated
throughout the country, although many are concentrated in Boston and the San
Francisco Bay area.
How to make
the transition?
Skills commonly sought by hiring managers
in pharma include the ability to solve problems, manage projects, communicate
effectively, think flexibly and creatively, take initiative and collaborate
with others. While some research positions
demand specific technical skills, others require more general scientific
abilities. Many of the required skills can be honed during your academic
training, but others - such as the ability to work in a team - are not always promoted
in this environment. Identify other opportunities to develop people skills, for
example, join a student organization or work on community projects. While prior industry experience is not
essential for many jobs, it can distinguish you from other PhDs, and industry
internships are a great way to gain such experience concurrently with graduate
studies.
Bench science positions in pharma often require
postdoctoral experience, and grad students should think carefully when
selecting a postdoc position. Try to
find a lab in which you will gain the skills and subject knowledge required for
pharma jobs that interest you. Ask whether previous postdocs have landed jobs
in the pharma industry, and whether the lab has any collaborations with pharma
companies. Industry postdocs can also help to get your foot in the door, but a
postdoc in a good academic lab is just as highly valued by many employers.
Finally, and most importantly, network! Reach out to people working in roles and/or
companies you’re interested in, and talk to them about their jobs and how they
landed them. Interact with pharma
representatives at conferences and meetings, and attend networking events
organized by CNSPY and other organizations.
Remember that potential employees are often recommended by existing
ones, so a good contact at a company can be an invaluable resource.
Prepared by: Kerry Hollands, Ph.D.
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