Pharmaceuticals

2830|
325400|
2833

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OVERVIEW

An examination of the Pharmaceuticals industry's compensation data. This data is backed by ERI's extensive research using industry salary survey data.

Pharmaceuticals Industry's average salary is 10.00% higher than the US average

Description

Pharmaceuticals

This industry group includes industries involved in biotechnology, medicinal chemical and botanical pharmaceutical manufacturing, and in vitro and in vivo diagnostic substance production.

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Sub-Industries

Biotechnology
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Organizations that are involved in or support the production of pharmaceutical products through the use of biotechnology, genomics, and bioinformatics.

Medicinal Chemical and Botanical Pharmaceutical Manufacturing
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Establishments primarily engaged in manufacturing bulk organic and inorganic medicinal chemicals and their derivatives, as well as processing bulk botanical drugs and herbs through grading, grinding, and milling. This industry also includes businesses producing agar-agar and similar products of natural origin, endocrine products, basic vitamins, and active medicinal principals such as alkaloids isolated from botanical drugs and herbs. Sample business functions include adrenal derivatives (bulk, uncompounded), ground agar-agar, alkaloids and salts, anesthetics in bulk form, bulk uncompounded antibiotics, atropine and its derivatives, barbituric acid and derivatives (bulk, uncompounded), medicinal botanical products (ground, graded, and milled), brucine and derivatives, and caffeine and its derivatives.

In Vitro and In Vivo Diagnostic Substance Production
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Establishments primarily engaged in manufacturing in vitro and in vivo diagnostic substances, whether or not packaged for retail sale. These substances may be chemical, biological, or radioactive and are used to diagnose or monitor human or veterinary health by identifying and measuring normal or abnormal constituents in body fluids or tissues. Sample business functions include angiourographic diagnostic agents, barium diagnostic agents, blood derivative diagnostic reagents, clinical chemistry reagents (including toxicology), clinical chemistry standards and controls (including toxicology), coagulation diagnostic reagents, cold kits for labeling with technetium, contrast media diagnostic products such as iodine and barium, cytology and histology diagnostic products, and biological diagnostic agents.

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