- The industry is seeking qualified talent! In the past few years, Regulatory positions increased by 65%. Demand for workers shows no signs of abating in the near future.
- Regulatory positions are more available than ever to workers without prior industry experience. At the beginning of the decade, only about 2% of regulatory workers landed their first regulatory positions without working in biopharma previously. Today, approximately 10% of the regulatory workforce began their careers in the field without working in another functional area beforehand.
- Training is available right here in Massachusetts! There are three higher education institutions offering graduate level training in Regulatory degrees: Regis College, Northeastern University, and Massachusetts College of Pharmacy and Health Sciences. You can take MassBioEd’s new course, Overview of Health Product Regulation, in partnership with Regis College at a reduced rate beginning on February 8th. Participants will receive 3.0 graduate credits that can be applied towards a certificate or master’s degree in Regulatory and Clinical Research Management from Regis College.
- Regulatory professionals are paid handsomely for their critical work. Median pay for non-management regulatory affairs workers in 2015 was nearly $85,000. Ensuring timely submissions are delivered on-time and compliant with FDA requirements, these workers are of utmost importance to ensuring that the work done by scientists in drug discovery and clinical research translate into effective therapies.
- A career in Regulatory Affairs is a challenging and rewarding one that can be applied to drug, device and biologics regulatory affairs; health economics and reimbursement; health policy and development; and clinical trial management. “Regulatory professionals work in companies and agencies to ensure products are safe and effective, and the design, manufacturing, and testing of products comply with regulations and standards,” Regis College.
Sources: Regulatory Affairs Report, MassBioEd
MS in Regulatory and Clinical Research Management, Regis College