Are you working in a stagnating industry, or perhaps your company is downsizing? Why not consider an IT career in the pharmaceutical world?
June 9, 2006 (Press Release) --
Are you losing interest in your current information technology position? Are you working in a stagnating industry, or perhaps your company is downsizing? These are just some of the many reasons people find themselves on that cliff looking back on their career just as the dirt begins to crumble beneath them.
Why not consider an IT career in the pharmaceutical world? According to Corporate Watch, the pharmaceutical industry is one of the most profitable industries in both the US and Great Britain. Gross Profit margins of some of the leading pharmaceutical companies in recent years has been around 70 to 80 percent .
In most workplaces, IT professional must perform the same software life-cycle phases, only to benefit the end users. Perhaps it’s to increase productivity or enhance corporate profits. With the healthcare industry, not only is the work fascinating because each drug trial is unique, but knowing your efforts to help the general public become healthier is an added benefit other industries cannot claim.
Specifically, groups in data management, safety, and thesaurus management (medical dictionary) are hot tickets for success. These clinical associates maintain all aspects of the clinical trial data and utilize IT systems that track the information during the different phases of a clinical trial. This data is critical to the organization for FDA approvals and bringing drugs to market.
The data management group tracks patient data. Systems used by these groups include Oracle Clinical by Oracle and ClinTrials by PhaseForward. Because the Oracle Pharmaceutical Application suite is integrated, a large majority of Oracle Clinical users have purchased its sister products: Oracle AERS and Oracle TMS. The safety group, also known as “adverse events,” tracks adverse reactions to the drug. The most common safety systems in the market today are Oracle AERS by Oracle, ARISg by ARIS Global and ARGUS by Relsys. Lastly, an IT global librarian or group of librarians maintains the medical dictionary used by the two groups above, keeping terminology consistent and accurate. Oracle TMS by Oracle is the most utilized system for medical coding. A host of other IT systems are used by these departments, however it pays to learn the most frequently used systems.
Of course, you must pay before you play. Directors want industry experience and training. How to get trained, you say? Googling the system names listed in this article trailed with the word “training” will result in a host of IT service providers offering in-house training. Often, these vendors have job board systems to both view open positions and enter your resume for future opportunities.
The experience part is a bit more complicated. You may need to trade in your high-paying job for a lower salary for few years while you learn how the clinical world uses procedures and processes to ensure safety and efficiency. If you are not familiar with this industry, it is a regulated industry full of rules and standards that must be followed. It’s very different from making a mistake in most other industries because you are dealing with the welfare of the patients using an experimental drug.
Why not consider an IT career in the pharmaceutical world? According to Corporate Watch, the pharmaceutical industry is one of the most profitable industries in both the US and Great Britain. Gross Profit margins of some of the leading pharmaceutical companies in recent years has been around 70 to 80 percent .
In most workplaces, IT professional must perform the same software life-cycle phases, only to benefit the end users. Perhaps it’s to increase productivity or enhance corporate profits. With the healthcare industry, not only is the work fascinating because each drug trial is unique, but knowing your efforts to help the general public become healthier is an added benefit other industries cannot claim.
Specifically, groups in data management, safety, and thesaurus management (medical dictionary) are hot tickets for success. These clinical associates maintain all aspects of the clinical trial data and utilize IT systems that track the information during the different phases of a clinical trial. This data is critical to the organization for FDA approvals and bringing drugs to market.
The data management group tracks patient data. Systems used by these groups include Oracle Clinical by Oracle and ClinTrials by PhaseForward. Because the Oracle Pharmaceutical Application suite is integrated, a large majority of Oracle Clinical users have purchased its sister products: Oracle AERS and Oracle TMS. The safety group, also known as “adverse events,” tracks adverse reactions to the drug. The most common safety systems in the market today are Oracle AERS by Oracle, ARISg by ARIS Global and ARGUS by Relsys. Lastly, an IT global librarian or group of librarians maintains the medical dictionary used by the two groups above, keeping terminology consistent and accurate. Oracle TMS by Oracle is the most utilized system for medical coding. A host of other IT systems are used by these departments, however it pays to learn the most frequently used systems.
Of course, you must pay before you play. Directors want industry experience and training. How to get trained, you say? Googling the system names listed in this article trailed with the word “training” will result in a host of IT service providers offering in-house training. Often, these vendors have job board systems to both view open positions and enter your resume for future opportunities.
The experience part is a bit more complicated. You may need to trade in your high-paying job for a lower salary for few years while you learn how the clinical world uses procedures and processes to ensure safety and efficiency. If you are not familiar with this industry, it is a regulated industry full of rules and standards that must be followed. It’s very different from making a mistake in most other industries because you are dealing with the welfare of the patients using an experimental drug.
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