Does PMP certification add value?

In my experience, PMP certification is worth it. PMI salary survey suggests that project managers with PMP credentials garner higher median salaries than the non-credentialed professionals – 22\% higher on average. Salary and emoluments tell us only half of the story.

What do project managers do in BioTech?

A biotechnology project manager is responsible for coordinating and procuring all federal approvals of drug submission pertaining to chemistry and manufacturing. He is in charge of assuring that activities related to the entrance of a new drug in the market are in compliant with the Food and Drugs Act and Regulations.

What is the role of project management in pharmaceutical industry?

Pharmaceutical project managers oversee drug development from start to finish. Their general responsibilities overlap with those of project managers in other industries. For instance, they identify any technical requirements, set timelines and budgets, oversee other team members and create reports.

How much do project managers make in biotech?

According to Salary.com, the median annual salary at the end of 2020 for a biotech project manager was $92,656. Some earn a little less, in the low-$70,000 range, while those with plenty of experience make six figures – roughly $118,000.

How much do biotech managers make?

Biotech Manager Salary

	Annual Salary	Weekly Pay
Top Earners	$132,000	$2,538
75th Percentile	$107,000	$2,057
Average	$81,191	$1,561
25th Percentile	$48,000	$923

How do you become a pharmaceutical project manager?

In order to be successful, pharmaceuticals project managers must be able to multi-task well and wear several different hats in the clinical research process. Project managers must have strong leadership skills for managing at least several pharmaceutical professionals participating in the medical trials.