Pharmacovigilance Jobs: The Path to Lucrative Salaries

A scientific discipline that focuses on the safety of medication and drug therapies is known as pharmacovigilance. This discipline includes detecting, understanding, assessing, and preventing harmful effects or drug-associated problems in the body. Pharmacovigilance job opportunities are constantly growing in the market as the demand for skilled Pharmacovigilance professionals is skyrocketing globally. Job opportunities in this discipline are available in different settings, such as contract research organizations, pharmaceutical companies, healthcare organizations, and regulatory authorities.

Is Pharmacovigilance A Good Career?    

Pharmacovigilance is a good career field as it offers a plethora of job titles, such as the following

Job profile

• Pharmacovigilance Specialist
• Drug safety associate
• Drug safety officer
• Pharmacovigilance scientist
• Senior drug safety associate
• Pharmacovigilance associate
• Clinical SAS programmer
• Clinical data manager Etc.

Pharmacovigilance offers plenty of career opportunities to professionals with well-defined salary structures, constant career growth, and job security. It is one of the best career options for graduates, especially those with pharmacy and life science backgrounds.

Pharmacovigilance Coordinator Salary

On average, the salary of a pharmacovigilance coordinator expert is around $50,000. This figure can go even higher to $90,000 upon achieving more experience in this field.

Pharmacovigilance Entry-Level, Jobs Salary

The entry-level salary of a pharmacovigilance professional is $69K. This figure can go high to $130K after 10 years. If you want to fill up the entry-level position of pharmacovigilance job position then you can acquire professional skills by enrolling in accredited pharmacovigilance courses and launch a successful career in this field. Certification courses make it easier to land your dream job and acquire hands-on learning experience.

Education and skills required for succeeding in a pharmacovigilance career field

An educational degree in pharmacy or life science will be preferred for entry-level job positions. You can also acquire additional formal education to acquire a substantial understanding of pharmacovigilance regulation, event reports systems and drug safety databases. 

To be successful in the career field of pharmacovigilance, candidates have to acquire the following skill set

•  Excellent communication skills
•  Attention to detail
•  Planning and project management skills
•  Team working skills
•  Foreign language skills
•  Ethical approach
•  Problem-solving and analytical skills

Senior Pharmacovigilance Specialist Salary

On average, the salary of senior pharmacovigilance specialists who are residing in the United States accounts for $930242. This figure can increase to $139536 on acquiring prior experience and skill sets. The median annual salary of a senior pharmacological specialist is $116280. According to reports middle 67% of pharmacovigilance specialists earn $116280, while the top 67% of specialists earn around $139536

How can you get hired as a Pharmacovigilance Specialist in 2023?

To get hired as a pharmacovigilance professional, you must acquire the proper skill set and apply to various job portals like Indeed, LinkedIn, etc. where you can search for pharmacovigilance jobs, according to your skill sets, qualification, and job position.

You can apply through the job portals and connect with the hiring managers and recruiters in this field and even contact them directly

Prepare a strong resume and CV as per the pharmacovigilance job profile that you’re applying for

Prepare thoroughly for the interview and practice topics related to pharmacovigilance or related PV trends

Salary Growth in Pharmacovigilance

Accenture, Wipro Cognizant, IQVAI, and TCS are some of the top pharmacovigilance companies which pay lucrative salaries to pharmacovigilance professionals. The average annual salary of a pharmacovigilance professional ranges between INR 2 LPA to 8 LPA. As per Glassdoor, the average national salary of a skilled pharmacovigilance professional is around INR 3, 01,464 respectively. Fresher pharmacovigilance professional in India around INR 1.9 LPA to 2.5 LPA.

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