Pharma/Biotech Jobs

These jobs can range from as general as a drug dispenser to a rare research chemist. Unlike other fields this one needs minimally educated ones because even dispensing the drugs requires some sort of knowledge or familiarity with trade names of the medication/drugs.

Pharmaceutical (Drug) industry has been, is and will be the most revenue fetching for any country. As far as India is concerned pharmaceutical industry accounts to an annual revenue of USD4.5 billion and it is growing at a faster pacer every year. Financial analysts estimate this growth at a rate of 8 to 9 percent annually. Pharmaceutical industry includes a wide range of goods or products. Any thing (product of medicinal field) that involves science & technology associated with it is comes under pharmaceutical industries’ offspring.

Biotechnology is a field which has recently emerged in our country though its existence is of around thirty complete years. This field (of biotechnology) was explored in early 1980s. Since then it has emerged as a key subdivision (sub field) or a key element in rapidly growing pharmaceutical industry. Biotechnology products account to a mere amount of USD1.8 billion and its growing at a faster than that of pharmaceutical industry as a whole.

There are, as usual in any industry, hell lot of jobs in this sector. These industries mainly employ or hire graduates and post graduates who are well versed in the field of medicinal sciences. There are frontend jobs like marketing, sales, and purchasing et al. and also backend jobs like accounting, auditing, tax et al. There are many drug industries which offer jobs in this field namely GlaxoSmithKline plc, Ranbaxy Laboratories., Lupin Laboratories, Novartis, Cipla, Reddy’s laboratories, Nicholas Piramal et al.

The intellectual property associated with these companies, like the ones in software companies, is the patents associated with the technology involved in their drugs. Their asset, other than the capital, is their patent technology. Before the drug gets clicked in the society and widely used by the public, the formula (chemical combination) used in the drugs has to be patented with regulatory body that deals with the patents. These are all the legal issues associated with the drug industries and that’s the job top management or higher officials in the organization to look into those aspects.

First job seeker has to be distinct about what he wants to do in the industry, whether he likes to be on the research (technical) side or on the management side which handles these legal issues et al. Both the ways the opportunities are adequate enough in Pharmaceutical Jobs.