The Pharmaceutical Industry: Career Opportunities For Pharmacists
The Pharmaceutical Industry: Career Opportunities For Pharmacists
The Pharmaceutical Industry: Career Opportunities For Pharmacists
http://pharmafellows.rutgers.edu
The aforementioned skills enable pharmacists to contribute to the development and implementation of complex study designs that are typically required at this stage of drug development. Pharm.D.s in Late Phase Development have the opportunity to showcase their skills by Planning investigator meetings C hairing international clinical trial team meetings Overseeing deliverables from various external contractors Combined with a strong scientic background, key skills necessary for a career in Late Phase Clinical Development include excellent organizational, writing, communication, and presentation abilities.
Pharmacists also make strong team members in the Managed Markets group. While working in Managed Markets, a Pharm.D. helps to develop strategies to optimize reimbursement from third-party payors or insurance companies. The Managed Markets group works to promote optimal medication use and enhance product market share versus competition. In addition, Managed Markets also works to improve overall resource management, the companys pipeline of products in development, and overall healthcare quality.
An Interview With: Hiliary Johnson, Pharm.D. sano aventis 2nd Year Fellow
Q: What attracted you to Marketing for your fellowship and as a prospective career choice? A: I selected a Marketing Fellowship because I wanted an experience where I could utilize my strong clinical background, while gaining insights into the business side of the industry. I enjoy being challenged, and getting to use my creativity to solve problems and generate innovative ideas. Its rewarding to know that by working in pharmaceutical marketing I am benetting patients around the world by enhancing awareness and helping to nd solutions to the expanding problem of diabetes and the treatment and management options that are available to help control it. Q: How does having a Pharm.D.. help you to excel in your current position?
4 | Career Opportunities for Pharmacists
A: The Strategic Marketing Fellowship has provided me with a unique opportunity to apply my clinical knowledge within the commercial functions of the pharmaceutical industry. My pharmacy background and rotational experiences give me an advantage in that I understand not only the drugs, but the target customer and their needs, whether they be healthcare providers, hospitals, pharmacies or patients. Q: What has been the stand out moment so far for you in your fellowship? A: I recently witnessed the successful outcome of two live speaker training meetings I put together for 250 key thought leaders in a diabetes speakers bureau. This was the culmination of months of hard work and interaction with multi-disciplinary teams
including medical, legal, and regulatory, as well as with outside vendors, key thought leaders, and the sales force. I was able to implement an exciting, new facilitators training workshop into the meeting that resonated very well with attendees. This was a unique opportunity for a fellow, and one that strengthened my teamwork and leadership skills. It was also very important to the business as we work to re-engage key thought leaders and increase our share of voice in the diabetes market.
An Interview With: Megan Herman Pharm.D. Johnson & Johnson 2nd Year Fellow
Q: What attracted you to Regulatory Affairs for your fellowship and as a prospective career choice? A: I was drawn to regulatory because I wanted to be part of a cross-functional team. Regulatory allows me to interact with colleagues in clinical, toxicology, research & development, marketing, etc. on a daily basis. Each department relies on regulatory to help drive the business forward, and I wanted to be part of that. Q: How does having a Pharm.D. help you to excel in your current position? A: Having my Pharm.D. did not immediately prepare me to be the best regulatory employee, that comes with experience. However, I have utilized my ability to evaluate clinical data & studies, as well as comprehend medical literature and regulatory documents. From my education, I have become a true professional, with the desire and ability to excel in a rigorous program. Q: What has been the stand out moment so far for you in your fellowship? A: My most exciting experience was a Type B meeting at the FDA in Washington D.C. I not only prepared for this meeting months in advance up until the nal moments prior to the meeting, but was able to attend the meeting with ve colleagues. This opportunity was a rare one, and I am fully appreciative of the offer to participate. Q: How has the fellowship changed not only your professional but also your personal life? A: I was somewhat nervous to move to New Jersey from the comfort of Boston, close to my family and friends, but I can truly say that I am now the happiest I have ever been. Its extremely comforting and exciting to be welcomed by so many people who truly want you to be part of their community. Professionally, I have found the career that makes me proud and excited to go to work every morning; and personally, I have met lifelong friends. Q: What advice can you give to someone seeking a fellowship or career in Regulatory Affairs? A: Take advantage of every opportunity that is given to you. Regulatory Affairs offers you the potential for a vast array of assignments, so the possibilities are endless. Try everything. You never know where your professional experiences will take you.
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Pharmacists extensive understanding of drug products prepares them to identify and understand a products potential impact in the real world as opposed to what was seen previously in controlled trials.
An Interview With: Todd Okamoto Pharm.D. Bristol-Meyers Squibb 2nd Year Fellow
Q: What attracted you to the Medical Science Liaison area for your fellowship and as a prospective career choice? A: In my last year of school, I completed a summer internship with a biotech company, where I was able to apply my clinical knowledge, work in multidisciplinary teams, and ensure safe and appropriate use of medications. I was also able to reach out to different functional areas, including eld medical, and knew immediately that I would eventually like to become an MSL. This fellowship has allowed me to better understand their roles and responsibilities, and has piqued my interest further. Q: How does having a Pharm.D. help you to excel in your current position? A: Looking around my department in medical information, everyone has their Pharm.D. It makes sense for pharmacists to provide fair, balanced, and accurate information since we are medication experts. The same can be said for eld medical the need for an advanced degree to engage in scientic exchange is essential to gain the trust and respect of physicians and health care professionals and thus ensure the safe and appropriate use of medications. Q: What has been the stand out moment so far for you in your fellowship? A: While there have been multiple moments like this, one such moment was attending our launch preparedness meeting in the second month of my fellowship and being able to provide medical support at this meeting to our commercial colleagues. The excitement of working with a launched product along with the ability to educate others was a great way to start the fellowship! Q: What advice can you give to someone seeking a fellowship or career as a Medical Science Liaison? A: The best advice I received while in school that Id like to share: Dont let school interfere with your education. No one will ask you for your GPA, but they will ask what youve accomplished and how youve prepared yourself for a career in the industry. Take the time to learn about different opportunities and develop lasting relationships with others, as the pharmacy world is small, and the pharmaceutical industry world is even smaller.
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Conclusion
The career paths described are representative of the many exciting possibilities that await pharmacists entering todays pharmaceutical and biopharmaceutical industries. Additional areas of concentration include Business Intelligence, Consumer Health, Promotion Compliance, Advocacy & Policy, R&D Strategy and Analysis, and many others. With a career in the pharmaceutical industry, a pharmacist has an unparalleled opportunity to make a signicant contribution to the development and delivery of medicines to patients around the world. The pharmacists role in industry has evolved from traditional areas of sales and manufacturing, and currently encompasses a wide array of clinical, medical, and marketing functions. Frequently, positions sought by pharmacists in the pharmaceutical industry require additional postgraduate training, which can be obtained through participation in a fellowship or residency program. Individuals interested in a career in industry are encouraged to research and consider carefully the available postgraduate training program options to help them make informed career choices with respect to the pharmaceutical industry.
Institute for Pharmaceutical Industry Fellowships Ernest Mario School of Pharmacy Rutgers, The State University of New Jersey, 160 Frelinghuysen Road, Piscataway, NJ 08854