Project Manager, Pharmaceuticals Salary
Job Description for Project Manager, Pharmaceuticals
A pharmaceuticals project manager is in charge of overseeing new products and/or new iterations of existing products within their company. They manage a project from conception to completion, assembling teams, assigning tasks and determining target completion dates for the project's different stages.Read More...
Typically, pharmaceuticals project managers work with biochemical engineers and development scientists within their company to identify the potential of a drug or medication under research. They direct research chemists and technicians to perform testing to ensure that relevant data are consistent and repeatable; they also assign personnel to arrange clinical trials and testing. As data are generated through research testing and clinical trials, the project manager assigns teams to interpret and extract valuable information such as potential side effects and ancillary beneficial interactions. The project manager then works with manufacturing, branding and marketing teams to bring the medication to the consumer market, the professional healthcare community or both as applicable.
Most project managers in pharmaceuticals have a strong background in the scientific and biochemistry aspects of drug development. Many possess postgraduate degrees in a relevant field; previous experience in a related role is generally required as well. Pharmaceuticals project managers should have strong management, leadership, organizational and interpersonal skills, as well as the ability to work in a team setting and on their own with minimal supervision.
Project Manager, Pharmaceuticals Tasks
- Create reports on status, final deliverables, and challenges for clients, management, and regulatory bodies.
- Manage timelines, budget, and risks for each assigned project.
- Interact with clients to identify requirements and specify project plans, schedules, and deliverables.
- Manage data, documentation and error or problem reports.
Project Manager, Pharmaceuticals Job Listings
Search for more jobs:
Pay by Experience Level for Project Manager, Pharmaceuticals
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Pharmaceutical Project Managers with a lot of experience do not necessarily enjoy more money. The median compensation for relatively untried workers is $77K; in the five-to-10 year group, it's higher at around $88K. Experienced professionals who have spent one to two decades on the job can score lucrative paychecks that average out to $105K. Pharmaceutical Project Managers with more than 20 years of experience report incomes that are only modestly higher; the median for these old hands hovers around $110K.
Related Job Salaries
Key Stats for Project Manager, Pharmaceuticals
Rated 4 out of 5
based on 25 votes.