Industrial Pharmacist

Industry:
Healthcare
Last Updated:
April 27, 2023

Job Description Overview

An Industrial Pharmacist job description entails working in the healthcare industry, where they research and develop pharmaceutical drugs and medical products. Their role involves analyzing and identifying the active ingredients in drugs, determining dosages, and assessing their safety and effectiveness. Industrial Pharmacists also play a critical role in ensuring that production and packaging of drugs meet regulatory requirements and quality standards. They work hand and hand with other healthcare professionals to develop new drugs and improve existing ones. Additionally, they develop the manufacturing processes of drugs and medical equipment, as well as design and conduct clinical trials to test the new products. Their typical work environment includes research facilities, pharmaceutical manufacturing plants, and regulatory agencies. Industrial Pharmacists must have advanced education in chemistry, pharmacology, and other related fields. This job requires great attention to detail and critical thinking skills as they work to bring effective and safe medicines to market to help healthcare professionals save lives.

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Job Duties and Responsibilities

  • A Industrial Pharmacist is responsible for designing and formulating medication for production in the healthcare industry.
  • They play a significant role in ensuring the quality and effectiveness of medication through research and development of new drug products.
  • They collaborate with research teams to ensure adequate testing of new medicinal products before introducing them to the market.
  • They are also responsible for ensuring compliance with regulations from various governmental agencies.
  • They work with production and manufacturing teams to develop and improve the production processes through implementation of latest technology and good manufacturing practices.
  • Industrial pharmacists work with medical professionals to ensure that patient's therapeutic needs are met.
  • They develop approaches for proper drug administration and delivery that might provide more effective outcomes.
  • Ultimately, their primary purpose is to make sure that patients have access to safe and useful medication.

Experience and Education Requirements

If you want to become an industrial pharmacist in the healthcare industry, you'll need to have both education and experience. First, you'll need to earn a Doctor of Pharmacy (Pharm.D.) degree from an accredited program. This typically takes four years of study, including coursework in pharmacology, medicinal chemistry, and pharmaceutical economics. After graduation, you'll need to gain experience working in the pharmaceutical industry, ideally in a manufacturing or regulatory compliance role. Some employers may also require additional certifications or specialized training in areas like quality control or drug development. With a strong background in both education and experience, you'll be well-positioned to pursue a career as an industrial pharmacist.

Salary Range

Industrial Pharmacist salary range varies according to factors such as experience, location, and sector within the healthcare industry. According to Payscale, in the United States, the median salary for Industrial Pharmacists is $99,425 per year. Entry-level positions pay around $75,000 while experienced professionals earn up to $143,000.

In Canada, the median salary for Industrial Pharmacists is CAD 93,000 per year, according to Neuvoo. In the United Kingdom, the average salary is £43,000 per year, according to Adzuna.

Factors that can affect an Industrial Pharmacist's salary include location, years of experience, company size, and qualifications. Industries that pay higher salaries for this role include Biotechnology, Pharmaceutical Manufacturing, and Contract Research Organization.

Sources:

  • Payscale: https://www.payscale.com/research/US/Job=Industrial_Pharmacist/Salary
  • Neuvoo: https://neuvoo.ca/salary/?job=industrial+pharmacist
  • Adzuna: https://www.adzuna.co.uk/jobs/salary/industrial-pharmacist

Career Outlook

Industrial pharmacists play an important role in drug development and manufacturing. According to the Bureau of Labor Statistics, the employment of pharmacists is projected to grow 3% from 2019 to 2029, which is about average compared to other occupations. However, the demand for pharmacists in the healthcare industry is expected to increase due to an aging population and the development of new drugs. The role of industrial pharmacists is also expanding beyond traditional drug development to include biologics and gene therapies. The Pharmaceutical Research and Manufacturers of America predicts that the industry will innovate by investing in more innovative treatments and developing new ways to deliver drugs. Therefore, the career outlook for industrial pharmacists seems promising over the next five years.

Frequently Asked Questions (FAQ)

Q: What does an Industrial Pharmacist do?

A: An Industrial Pharmacist works in healthcare pharmaceutical companies to conduct research and develop new drugs, ensure the safety and effectiveness of medications, and oversee the manufacturing and distribution process.

Q: What kind of education do you need to become an Industrial Pharmacist?

A: To become an Industrial Pharmacist, you typically need a Doctor of Pharmacy degree (PharmD) and a state pharmacy license.

Q: What skills are essential for an Industrial Pharmacist?

A: Essential skills for an Industrial Pharmacist include critical thinking, strong analytical abilities, communication skills, attention to detail, and problem-solving abilities.

Q: What challenges do Industrial Pharmacists face?

A: Industrial Pharmacists face challenges related to regulatory compliance, manufacturing processes, drug efficacy and safety, and meeting the demands of the healthcare market.

Q: What is the job outlook for Industrial Pharmacists?

A: The job outlook for Industrial Pharmacists is positive as the demand for new drugs and healthcare treatments continues to grow. Job prospects may vary by geographic location and industry sector.


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