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Pharmaceutical Forecasting Jobs (NOW HIRING)

MSD

Assoc. Dir , Strategic Forecasting

Rahway, NJ · On-site

Minimum of 5+ years of relevant delivery of complex analytical projectsin the pharmaceutical ... Experience in developing forecast models and/or related analytics (e.g., scenario analysis ...

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Pharmaceutical Forecasting information

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How much do pharmaceutical forecasting jobs pay per hour?

As of Aug 12, 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.

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?

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.

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 August 2026, with employment types broken down into 96% Full Time, 2% Part Time, and 2% Contract. Highlights an 84% Physical, 5% Hybrid, and 11% Remote job distribution, with an average salary of $41,139 per year, or $19.8 per hour.

Manager, Forecasting & Business Analytics

Initial Therapeutics, Inc.

Basking Ridge, NJ • On-site

$140.40 - $210.60/hr

Other

Posted 6 days ago

Job description

Job Summary

This position is responsible for providing forecasting & analytics support to the Forecasting Director by analyzing, reviewing, and managing the analytical reporting process for ADC brands (inline and pipeline as needed). Facilitate the development of enhanced reporting analytics and prepare performance reports for internal DSI stakeholders. Provide regular performance assessment, communicate results to Brand and Senior Management, and provide any other forecasting/business analysis to support commercial and budgeting decisions.

Responsibilities
  • Develop and maintain daily, weekly, monthly, quarterly, annual, and ad‑hoc business performance and analytics.
  • Own the reporting process by actively developing Excel/VBA based performance dashboards and tracking sources of variances vs. forecast.
  • Facilitate discussions on analytics and activities required to accurately support performance analysis and forecast updates, providing necessary reporting for business stakeholders and management.
  • Support the Forecasting Director in communicating forecast/performance results to Brand and Senior Management.
  • Analyze secondary data and desk market research (quantitative and qualitative) to identify key findings and trends, incorporate them into forecast/budgeting processes.
  • Perform ad‑hoc analyses and provide insights to business questions from different stakeholders, helping them shape strategies.
  • Handle patient/claims data, demand/ex‑factory data, and review Market and Epidemiology Assessment, Pipeline Analysis, and market research.
  • Understand major pharmaceutical market events such as US drug formulary, pricing, inventory challenges, and market access implications.
  • Have a thorough understanding of at least two therapeutic areas; oncology forecasting or rare disorders experience is a plus.
  • Develop deep knowledge of the brand’s therapeutic area and competitive landscape.
  • Work closely with the Forecasting Director and Brand teams to stay aware of trends and evolving dynamics.
  • Collate relevant forecasting data with the Insights team and interpret primary research and secondary analysis to assess the effect of market events.
  • Work with market access and contract analytics teams to understand dynamics in managed care markets and their impact on revenue and profitability.
  • Assist in Net Sales forecasting (Annual Plan, Latest Estimates, other business requirements, and/or Alliance forecasts) by working with the Forecasting Director.
  • Review forecast assumptions and results with DSI stakeholders, driving decision‑making on forecast assumptions, including Alliance partners.
  • Maintain and support the forecasting team’s ecosystem, including ADC forecast model management and data management (claims, demand, etc.).
  • Participate and help drive new forecast models/solutions development and customization.
Qualifications
  • Bachelor’s Degree required.
  • 4 or more years of commensurate experience in pharma business analytics and data reporting.
  • 1 or more year(s) of experience in performance tracking, promotional, sales, prescription, payer, and patient data analytics.
  • Technical knowledge of modeling tools (e.g., Excel) and data sources (e.g., Symphony, IQVIA, Kantar Health).
  • Experience in Pharma Brand Forecasting (Demand and Patient based), Analytics, Market Access, or Finance preferred.
  • Deep knowledge of therapeutic areas competitive to DSI, especially oncology, or demonstrated ability to develop that knowledge.
Additional Information

Daiichi Sankyo, Inc. is an equal opportunity/affirmative action employer. Qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected veteran status, age, or any other characteristic protected by law.

Salary Range: USD$140,400.00 - USD$210,600.00

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