What Are The Pros And Cons Of Working At A Small Pharmaceutical Company Versus One Of The Biggies

What Are The Pros And Cons Of Working At A Small Pharmaceutical Company Versus One Of The Biggies


  • 24 Mar, 2012

    There are a lot of advantages to working for a small pharmaceutical company. First of all, a small company may be more willing to take a chance on somebody with less experience. It is easier for you to shine and advance at small pharmaceutical companies. Also, small pharmaceutical companies can become big pharmaceutical companies very rapidly. Small companies offer stock options as incentive to stay with them long-term. Often, small companies get acquired by larger companies, and the original stockholders get wealthy.However, working for a small pharmaceutical company is riskier than working for a big one. If your company has a small stable of products, that means you have all your eggs in one basket. Small pharmaceutical companies don't provide big expense accounts for entertaining clients, and you don't have as much marketing support. Also, the territories are bigger so you have to drive more. Instead of working a territory that's 3 hours end-to-end, your territory may be an entire state.

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