Drug development salary

How much does a Scientist, Formulation and Drug Product Development make in the United States? The average Scientist, Formulation and Drug Product Development salary in the United States is $69, as of September 27, , but the salary range typically falls between $61, and $81, Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

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Scientist, Formulation and Drug Product Development Salary by State

The Masters in Drug Discovery and Development program will teach you how to generate ideas for innovative drug products, develop those drugs through pre-clinical development, and bring them to market. The Masters in Drug Discovery and Development program is an interdisciplinary approach that combines the sciences of pharmacology, biology, chemistry, protein science, biotechnology, bioinformatics & genomics, molecular biology, cell biology, physiology and neuroscience.

The article below presents you with some of the most important information on pharmaceutical scientist salary PhD, pharmaceutical scientist salary in India and pharmaceutical scientist salary Canada. All you have to do is read on!

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Pharmaceutical Scientist degree

Have you ever wondered how a plant or a sponge from the ocean becomes a medication that a doctor prescribes to treat disease?

While pharmacists are highly trained to evaluate medication use; communicate with other health care providers; prepare and dispense medications; and educate patients about those medications, pharmaceutical scientists are expertly trained to discover, develop, test and manufacture new medications.

Typical pharmaceutical scientists spend most of their time in a laboratory discovering and learning how different compounds interact with disease-causing cells and organisms. In addition, they investigate how these compounds interact with the human body to ultimately determine if they can become new drugs.

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Developing new drugs takes a very long time and costs a great deal of money. There are three stages to this process:

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• Discovery: Identifying new compounds that help treat disease
• Development: Administering the new drug to animals and humans to make sure it is safe and effective
• Manufacturing: Producing the new drug in large quantities for distribution

Creating new medicines requires a large team of scientists with training in many different scientific disciplines including various areas of chemistry, biology, engineering, informatics and medicine.

During the discovery phase, pharmaceutical scientists may examine thousands of molecular compounds before they find one that effectively fights disease without harming the patient. Alternatively, hundreds of molecular pathways are evaluated to determine if a protein can alter the signaling in a beneficial way. If a pharmaceutical scientist identifies a promising new compound or target today, it may take up to 20 years before the medicine is available in your drug store.

Pharmaceutical scientists usually specialize in one aspect of the drug development process. They may:

• Design new drug therapies using natural or synthetic (man-made) ingredients
• Uncover new ways to use existing drugs to treat different types of disease
• Study how disease affects the body and what causes some people to develop certain types of disease
• Study how the human body responds to medications, so scientists can develop better, safer drugs Test drugs on animals and humans to ensure safety and efficacy
• Determine the most effective formulation and dosage for a specific drug
• Work on improving the drug manufacturing process
• Ensure the consistent quality of prescription medications
• Advise corporations or government agencies, including the Food and Drug Administration, on issues related to pharmaceutical development

Regardless of where they choose to specialize in the drug development process, pharmaceutical scientists have the satisfaction of spending their time looking for ways to help people fight disease and stay healthy.

Working Conditions

Pharmaceutical scientists are employed by any number of institutions, from large drug manufacturing and biotech companies and contract research organizations (CROs) to academic institutions and governmental agencies. Many work in laboratories as part of a large team of scientists and technicians developing new drug therapies. Others teach and work in offices near universities or hospitals, supervising clinical drug trials, or in manufacturing centers, overseeing the large-scale production of medications.

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Pharmaceutical scientists use sophisticated computers and equipment, work with microscopic compounds and conduct scientific experiments. They must be extremely detailed and precise. They also need to be patient, because it can take a team of pharmaceutical scientists many years to bring a new drug to market.

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Salary Range and Outlook

Pharmaceutical scientists just starting their careers earn an average salary of $85, With experience and increasing responsibility, their compensation can grow significantly. They also can receive bonuses throughout the development of a new drug.

Academic Requirements

To become a pharmaceutical scientist, you must have a strong interest in mathematics, biology, chemistry and the scientific process. You may want to decide early on which aspect of the drug development cycle you want to focus on – discovery, development or manufacturing. In college, you can major in the pharmaceutical sciences, pharmacy, biology, chemistry, medicine, engineering or a related field.

Good communications skills are important, because you’ll be working as part of a scientific team made up of people with diverse backgrounds. You’ll need to be able to stay motivated and keep your team energized throughout the long development process. You also must be able to handle failure and disappointment: Most promising new drugs are rejected before they ever reach the market, because they are dangerous, don’t work consistently or have unacceptable side effects.

During college, get involved with the student chapter of the American Association of Pharmaceutical Scientists. Explore internships and/or co-ops and look for opportunities to meet and “shadow” working pharmaceutical scientists.

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Many pharmaceutical scientists begin working in the field after college and then go on to complete advanced degrees in more specialized subjects. Pharmaceutical companies often pay for talented workers to complete graduate and post-graduate degrees, such as Master of Science (M.S.), Master of Public Health (MPH), Doctor of Medicine (M.D.), Doctor of Pharmacy (Pharm.D.) or Doctor of Philosophy (Ph.D.), to help them qualify for advancement.

Related Careers for a Master&#;s Degree in Pharmaceutical Sciences

pharmaceutical research scientist salary

Students may pursue a master&#;s degree in pharmaceutical sciences on their way to earning an advanced degree to become a pharmacist or medical scientist, but there are several other fields that could utilize this degree as well. Here we discuss a handful of these available careers and their job duties.

Related Careers for a Master&#;s Degree in Pharmaceutical Sciences

pharmaceutical scientist job outlook

Microbiologists

A microbiologist may need a master&#;s degree for an advanced research position, and a background in pharmaceutical sciences may help these professionals as they conduct research projects and develop new drugs to fight conditions caused by microorganisms. Microbiologists may study bacteria, viruses, parasites, algae and more to learn how they interact with and affect their environments, including humans. Many of these professionals oversee the work of other laboratory technicians for accuracy while providing lab services that are used in the medical field to treat illnesses. All of their work is carefully documented in research and scientific papers.

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Chemists

Chemists usually need at least a master&#;s degree for research positions, and a master&#;s in pharmaceutical sciences could especially apply to medicinal chemists who help develop new and improve current drugs on the market. The research of analytical chemists and organic chemists also contributes to new pharmaceutical developments. Chemists may test the quality of other products and work to make improvements by studying substances at the molecular level. They use complex lab equipment in their research projects and mix ingredients, solutions and compounds to test. Chemists must report their findings in technical reports that are available to other scientists and interested parties.

Natural Sciences Managers

Natural sciences managers need a bachelor&#;s, master&#;s or doctorate degree in a natural science, as well as years of experience as a scientist. Those with a background in pharmaceutical sciences may oversee teams of biologists, chemists and other scientists working together to develop new drugs or testing the quality of products. These managers are responsible for keeping a project running on time, within budget and coordinating the activities of the various scientists. They also check work for accuracy and keep their clients updated on the project&#;s progress.

Biochemists and Biophysicists

A master&#;s degree may qualify a biochemist or biophysicist for an entry-level position. Knowledge of pharmaceutical science may help these scientists as they study the effects of drugs, hormones and other substances on biological processes. Biochemists and biophysicists examine the chemical and physical components of diseases, cell development and other natural processes. Their research is reported in scientific papers and often has implications for new medicines and treatments in the field of healthcare.

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Sales Managers

Some sales managers have a master&#;s degree, and those with a background in pharmaceutical sciences may have begun their career as a sales engineer. A sales engineer is a salesperson with technical knowledge of their product, like a pharmaceutical sales representative. As a sales manager, these professionals are now responsible for overseeing an organization&#;s entire sales team, managing the department&#;s budget and setting sales goals for the team. These managers also analyze sales data and provide training for their teams.

Graduates with a master&#;s degree in pharmaceutical sciences likely have the laboratory skills and background knowledge to work various scientific jobs requiring chemistry. All of these positions offer relatively high median salaries (greater than $65,, per the BLS).

How much does a Director, Pharmaceutical Development make in the United States? The average Director, Pharmaceutical Development salary in the United States is $, as of September 27, , but the salary range typically falls between $91, and $, Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

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Director, Pharmaceutical Development Salary by State

How much does a Pharmaceutical Researcher make in the United States? The average Pharmaceutical Researcher salary in the United States is $, as of September 27, , but the salary range typically falls between $, and $, Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

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