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Pharmaceutical Forecasting Jobs (NOW HIRING)

AstraZeneca

Global Forecasting Leader

Wilmington, DE

$225K - $291K/yr

Must haveaBachelor'sdegree or foreign equivalent in Pharmaceutical Science or a related field plus five (5) years of experience in the pharmaceutical industry in the position offered, as a ...

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Pharmaceutical Forecasting information

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How much do pharmaceutical forecasting jobs pay per hour?

As of Jul 2, 2026, the average hourly pay for pharmaceutical forecasting in the United States is $19.78, according to ZipRecruiter salary data. Most workers in this role earn between $17.79 and $21.88 per hour, depending on experience, location, and employer.

How to become a forecast analyst?

To become a pharmaceutical forecast analyst, candidates typically need a bachelor's degree in fields such as pharmacy, economics, or data analysis. Gaining experience with statistical tools, forecasting models, and industry knowledge is important, and some roles may require advanced degrees or certifications in data analytics or health economics.

What is the difference between Pharmaceutical Forecasting vs Pharmaceutical Data Analyst?

AspectPharmaceutical ForecastingPharmaceutical Data Analyst
Required CredentialsBachelor's degree in pharmacy, economics, or related field; experience in forecasting modelsBachelor's or master's in data science, statistics, or related field; proficiency in data analysis tools
Work EnvironmentPharmaceutical companies, market research firms, consultingPharmaceutical companies, healthcare analytics firms, research institutions
Employer & Industry UsageUsed for sales, production planning, and market strategyUsed for data analysis, reporting, and decision support

Pharmaceutical Forecasting focuses on predicting market trends, sales, and demand for pharmaceutical products, often using specialized forecasting models. In contrast, Pharmaceutical Data Analysts interpret complex data sets to support decision-making across various functions. While both roles require analytical skills, forecasting emphasizes market predictions, whereas data analysis centers on data interpretation and reporting.

What are the key skills and qualifications needed to thrive in Pharmaceutical Forecasting, and why are they important?

To thrive in Pharmaceutical Forecasting, you need strong analytical skills, proficiency in quantitative methods, and a background in life sciences, business, or statistics, often supported by a relevant degree. Familiarity with forecasting tools like Excel, SAS, or specialized pharmaceutical forecasting software, as well as knowledge of data sources such as IMS Health, is typically required. Exceptional attention to detail, communication skills, and the ability to synthesize complex information are valuable soft skills in this field. These competencies enable accurate demand projections, inform strategic decision-making, and support effective resource allocation in the pharmaceutical industry.

Is forecasting a good career?

Pharmaceutical forecasting is a valuable career that involves predicting market trends and demand for medications, supporting strategic decision-making in the industry. It requires strong analytical skills, knowledge of the pharmaceutical sector, and proficiency with data analysis tools. The field offers opportunities for growth and specialization, often with a stable job outlook.

What is the highest paying job in pharmaceuticals?

In pharmaceutical forecasting and related fields, senior executive roles such as Chief Scientific Officer (CSO) or Vice President of Pharmaceutical Development tend to be the highest paying. These positions require extensive industry experience, advanced degrees, and leadership skills, often commanding six-figure salaries and additional bonuses.

What is the role of forecasting in pharma?

In pharmaceutical forecasting, professionals analyze market data, sales trends, and clinical development timelines to predict future demand for drugs and therapies. This helps companies plan production, allocate resources, and make strategic decisions to ensure product availability and regulatory compliance.

What are some common challenges faced in pharmaceutical forecasting, and how can they be addressed?

One of the main challenges in pharmaceutical forecasting is dealing with uncertainty in market dynamics, such as regulatory approvals, competitor launches, and changes in healthcare policies. Additionally, limited historical data for new products or indications can make accurate predictions difficult. To address these challenges, forecasters often collaborate closely with cross-functional teams like marketing, regulatory, and medical affairs, and use advanced analytical tools and scenario planning to account for various market possibilities. Regularly updating forecasts with real-world data and maintaining open communication with stakeholders are key industry practices to improve accuracy.

What is pharmaceutical forecasting?

Pharmaceutical forecasting is the process of predicting future demand, sales, and trends for pharmaceutical products. It involves analyzing historical data, market trends, epidemiology, and regulatory changes to estimate how much of a drug will be needed or sold over a specific period. Accurate forecasting helps pharmaceutical companies manage inventory, production planning, and financial projections. It also supports strategic decision-making in areas like product launches, supply chain management, and resource allocation.
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Pharmaceutical Forecasting jobs near you
Infographic showing various Pharmaceutical Forecasting job openings in the United States as of June 2026, with employment types broken down into 90% Full Time, 9% Part Time, and 1% Contract. Highlights an 86% Physical, 4% Hybrid, and 10% Remote job distribution, with an average salary of $41,139 per year, or $19.8 per hour.
Director, Commercial Forecasting

Director, Commercial Forecasting

Praxis Precision Medicines, Inc.

OR • On-site, Remote

$181K - $205K/yr

Other

Medical, Dental, Vision, Life, Retirement, PTO

Posted 8 days ago

Job description

Location:  This position may be performed remotely, but requires the flexibility and willingness to travel as needed.

The Opportunity
At Praxis, forecasting is a strategic capability that drives critical business decisions and helps accelerate the delivery of life-changing medicines to patients. The Director of Forecasting will lead all commercial forecasting activities across the portfolio, partnering closely with Finance, Manufacturing, Legal, Commercial, and Executive Leadership to provide clear, data-driven insights that inform strategy, resource allocation, and long-term business planning. 

Primary Responsibilities

  • Develop, maintain, and continuously improve demand and revenue forecast across the Praxis' portfolio including pipeline and launch products
  • Lead cross functional alignment on forecast inputs and assumptions across commercial, finance, manufacturing, and legal teams. 
  • Develop analyses and sensitivity models to quantify risks and opportunities across a portfolio of near-term launches, supporting go-to-market and investment decisions.  
  • Integrate various data sources to track early launch performance, identify trends and variances against forecast, and deliver clear actionable insights to senior and executive leadership 
  • Serve as the primary forecasting resource across the organization, managing multiple concurrent forecast cycles, deliverables, and ad hoc requests in a fast-paced launch environment.
  • Identify opportunities to improve forecasting accuracy and insight generation through advanced analytics, automation or emerging tools  

Qualifications and Key Success Factors

  • 10+ years of experience in pharmaceutical, biotechnology, healthcare, or life sciences forecasting, commercial analytics, strategic planning, or related disciplines.
  • Advanced quantitative and analytical expertise, including patient-based forecasting, scenario planning, and market modeling, with a proven track record supporting specialty, rare disease, or other complex therapeutic areas.
  • Demonstrated success leading forecasting activities for one or more pharmaceutical product launches, including pre-launch planning, launch readiness, and post-launch performance assessment.
  • Deep understanding of pharmaceutical commercialization, market access, patient flow dynamics, epidemiology, and healthcare data sources.
  • Proven ability to build trusted partnerships and shape strategic decisions by turning complex data into clear, actionable insights that drive business impact across all levels of the organization.
  • Thrives in ambiguity, adapting quickly to new information while maintaining focus, momentum, and accountability for delivering results.
  • Bachelor's degree in Business, Economics, Finance, Statistics, Data Science, Life Sciences, or a related field required; MBA or advanced degree preferred. 

The physical and mental requirements of our roles include but are not limited to regular use of a computer, devices or other office equipment, clear communication, and occasional movement.  You'll need comfort with screen work, basic hand coordination, and focus.  Reasonable accommodations may be made to enable individuals with disabilities to perform these functions.

Compensation & Benefits

At Praxis, we believe that taking care of our people (and their people) is important, so we provide a world class benefits package to help you thrive. This includes 99% of the premium paid for medical, dental and vision plans.  We also provide company-paid life insurance, AD&D, disability benefits, and voluntary plans to personalize your coverage.Thinking about the future? We match dollar-for-dollar up to 6% on eligible 401(k) contributions and sweeten the deal with long-term stock incentives and ESPP. We provide a discretionary quarterly bonus, an extremely flexible wellness benefit, generous PTO, paid holidays and company-wide shutdowns. Not to mention, you'll also be joining a phenomenal crew of colleagues who are smart, engaged and inspiring. We aim high, collaborate hard, and produce results. Let's achieve the impossible together! 

To round out our world-class total rewards package, we provide annualized base salary compensation in the range listed below.  This range reflects the base salary the Company reasonably expects to pay for the position at the time of posting. Placement within the range will be based on job-related factors, including experience, qualifications, scope of responsibilities, and demonstrated track record of delivering results in similar roles.

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