Key Trends in the Labor Market of the Biopharmaceutical Industry in Russia

Abstract

Introduction: Developments in biotechnology are a priority direction in economic development, with pharmaceuticals being the largest consumer of biotechnological products. The biopharmaceutical industry includes the production of antibiotics, immunobiological drugs, hormones and preparations based on them, vitamins, preparations containing cultures of microorganisms, amino acids, biologically active additives (BAA), medical materials, and diagnostic equipment.Purpose: To analyze the labor market trends of the industry in 2021-2022, the attractiveness of the industry for young specialists, and the strategies for attracting relevant specialists to the production process.Realities of the Labor Market in the Biopharmaceutical Industry: Despite the reduction in investments from Western investors, the attractiveness of the labor market in the biopharmaceutical field has significantly increased, which, on the one hand, has led to an increased demand for skilled employees, and on the other hand, has resulted in higher salaries in companies. An increasing number of Russian companies are ready to collaborate with relevant universities.Conclusion: The biotechnological and biopharmaceutical industries are in a stage of active development, the need for highly qualified specialists has increased, and companies are ready to train young employees.