The industry has scope for multiple roles– be it in cybersecurity to maintain the secrecy of medicinal formulations, blockchain to build resilient delivery models, or robotics and AI to make smarter assembly lines, there’s ample scope and opportunity for professionals from diverse digital skills backgrounds.
Let’s take a look at some of the high-demand jobs in the pharmaceutical industry.
Pharmaceutical executives are looking to reduce their product development costs and time. To achieve this, companies require talent skilled in machine learning, artificial intelligence, and static/dynamic simulation software. As per a study by Pharmaceutical Technology, 70% of drug development is already done by leveraging cutting-edge technologies like Artificial Intelligence (AI), Machine Learning (ML), and Natural Language Processing (NLP).
- Quality Assurance & Manufacturing Roles
Quality assurance is one of the core domains of the pharmaceutical industry and is responsible for developing and implementing quality standards for manufacturing drugs and medical equipment. There are several new job opportunities in this department for candidates from BPM (Business Process Management) and Lean Six Sigma backgrounds who can develop efficient error prevention techniques, streamline inventory management, and improve the material flow.
Project management is another key area of focus for companies, with a focus on ensuring effective collaboration among the teams. This has led to an increase in demand for professionals with knowledge in implementing the agile working methodology.
Research and development (R&D) is at the heart of every pharmaceutical company; hence, the need for research-oriented professionals is always high. The Indian Government is also playing a crucial role in promoting R&D by allocating USD 419.2 million towards research and development initiatives taken by the Ministry of Health and Family Welfare.
This has led to job opportunities for scientific technicians who specialize in genomics, biochemistry, molecular biology, drug discovery, toxicology, and several other fields.
Lastly, if we look at the non-technical side, companies are also looking for experienced sales and marketing professionals to gain a competitive advantage and build a strong relationship with their customers. This opens up doors for job seekers proficient in digital marketing, branding, social media management, and marketing strategy planning in this sector.
Mrs. Namrata Gill, HR Lead at Dr. Reddy’s, says that “The pharmaceutical sales market will require professionals who possess a strong understanding of marketing and product management to excel, as has also been stated in the Decoding Jobs India Report 2023.”