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ACD Biomedical Workforce Working Group Data

Pharmaceutical Market Conditions:
Bureau of Labor Statistics Pharmaceutical and Medicine Manufacturing Outlook 2010-2011



Training and Advancement

  • Scientific and engineering occupations. A bachelor of science degree is typically the minimum requirement for these workers, although scientists involved in research and development usually have a master's or doctoral degree. A doctoral degree is generally the minimum requirement for medical scientists, and those who administer drug or gene therapy to patients in clinical trials must have a medical degree.
  • Science technician occupations. To fill these jobs, most companies prefer to hire graduates of technical institutes or community colleges or those who have completed college courses in chemistry, biology, mathematics, or engineering. Some companies, however, require science technicians to hold a bachelor's degree in a biological or chemical science. In many firms, newly hired workers begin as laboratory helpers or aides, performing routine jobs such as cleaning and arranging bottles, test tubes, and other equipment.
  • Sales and related occupations. Pharmaceutical manufacturing companies prefer to hire college graduates, particularly those with strong scientific backgrounds.
Source: Bureau of Labor Statistics: Pharmaceutical and Medicine Manufacturing Outlook 2010-11 Edition https://www.bls.gov/oco/cg/cgs009.htm#outlook

Outlook

  • Employment is expected to increase as demand for drugs continues to grow. Prospects should be favorable, particularly for life scientists with a doctoral degree.”Bureau of Labor Statistics
  • The number of wage and salary jobs in pharmaceutical and medicine manufacturing is expected to increase by 6 percent over the 2008-18 period
  • Even during fluctuating economic conditions, demand is expected to remain strong for this industry's products, including the diagnostics used in hospitals, laboratories, and homes, the vaccines used routinely on infants and children, analgesics and other symptom-easing drugs; antibiotics and other drugs for life-threatening diseases, and "lifestyle" drugs for the treatment of nonlife-threatening conditions
  • Job prospects. Prospects should be favorable, particularly for life scientists with a doctoral degree. Unlike many other manufacturing industries, the pharmaceutical and medicine manufacturing industry is not highly sensitive to changes in economic conditions. Even during periods of high unemployment, work is likely to be relatively stable in this industry, because consumption of medicine does not vary greatly with economic conditions. Additional openings will arise from the need to replace workers who transfer to other industries, retire, or leave the workforce for other reasons.
Source: Bureau of Labor Statistics: Pharmaceutical and Medicine Manufacturing Outlook 2010-11 Edition https://www.bls.gov/oco/cg/cgs009.htm#outlook

Industry: Pharmaceutical and Medicine Manufacturing:Bureau of Labor Statistics

Industry: Pharmaceutical and Medicine Manufacturing:Bureau of Labor Statistics

On average the number of wage and salary jobs in pharmaceutical and medicine manufacturing is expected to increase by 6 percent over the 2008-18 period


Source: Bureau of Labor Statistics: BLS National Employment Matrix, 2008-18, https://www.bls.gov/oco/cg/cgs009.htm#outlook