The pharmaceutical industry finds, develops, manufactures, and sells pharmaceuticals or medical products to be administered directly to patients, with the primary purpose of treating them, heal them, or relieve their symptoms. Pharmaceutical industries may distribute drugs under the form of capsules, tablets, liquid preparations, ointments, powders, and oral solutions. They may work by producing a sterile substance from which a medicine is made. Alternatively, they may produce a compound from which a drug is prepared. In any case, the basic business practices are the same.
The pharmaceutical industry employs thousands of people. These include sales personnel who evaluate potential customer needs, conduct research, develop and manufacture medicines, support the marketing and advertising programs, handle financial matters, and maintain the manufacturing plants. Other jobs in the pharmaceutical industry are found in data analysis and clinical supplies management. Data analysis involves using current information about new medicines that have been developed. Clinical supplies include products that are manufactured for patients with specific medical problems and that are supplied to these patients on a prescription basis.
There are several areas of specialization within the pharmaceutical industry. One such area is clinical pharmacists who are primarily responsible for the education and the prescribing of medicines for patients with various medical problems. Other responsibilities of a pharmaceutical sales representative include introducing new products to the pharmaceutical industry, handling financial matters such as pricing and contract negotiations, and implementing marketing strategies. Other duties include manufacturing products, developing drug forms, preparing samples, packaging and shipping drugs. Pharmaceutical sales representatives also perform duties such as billing and accounting.
Some of the primary duties of Pharmaceutical sales personnel are the development of new pharmaceuticals and the distribution of medicines to pharmacies. In order to sell medicines, they must be knowledgeable about the medical condition of a potential customer. Pharmaceutical sales managers assist in the research and development of new medicines that can treat a disease or help someone who has a chronic condition. They will also assist doctors in prescribing the right dosage of a medicine, which will help cure the patient.
A pharmaceutical salesman’s duties depend on the product he is trying to sell. The national average salary for these primary duties is between twenty-two thousand and thirty-six thousand dollars per year. These professionals must be able to work with a number of different people. Their job responsibilities will depend on the company that they are employed with. For example, a pharmaceutical rep might be responsible for selling pharmaceutical products to hospitals, doctors offices, nursing homes, pharmacies, retail stores, suppliers, distributors, and several other companies. In order to obtain employment in this field, the person must have excellent communication skills and a friendly personality.
Many pharmaceutical reps are required to undergo some type of training in order to learn how to sell pharmaceutical products. During this training, they learn about the proper presentation of information, how to make sales appealing to the customer, and how to improve the design of pharmaceutical products. They also learn about the manufacture of medicines, the medical terminology, and how to adhere to all government regulations regarding the manufacture, sale, distribution, and prescription of medicine. It is important for pharmaceutical reps to become familiar with all of the new product designations, as well as the various ingredients that go into making these medicines. It is also important for them to learn how to properly dispose of contaminated pharmaceutical products.
Another category of primary duties is that of medical device sales. These individuals are responsible for bringing in new pharmaceutical products into the market, as well as selling the various medical devices that doctors prescribe to their patients. Some of the tasks that these individuals may perform include giving instructions to the staff that provides a patient’s medication to them regarding the proper use of the medication, distributing medical devices to the appropriate locations, and ensuring that the proper facilities are ready to operate when a medical device is purchased. The national average salary for medical device salespeople is around forty-five thousand dollars per year.
Lastly, one of the major components of the pharmaceutical industry that many do not realize is the fact that nearly seventy percent of the overall Pharmaceutical product supply comes from small unit production. This means that even small pharmaceutical manufacturing companies must keep a tight grip on the quality of their products to ensure that consumers are satisfied with them. Unit operations have one of the highest standards of quality control in the pharmaceutical industry, and work performed by these companies can affect the health and treatment of millions of people. The National Institute of Health (NIH) estimates that up to fifteen percent of all pharmaceutical products may be manufactured by small unit producers who lack the resources and the expertise needed to produce high quality pharmaceutical products.