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The PharmD, or doctor of pharmacy, degree provides high-level training for those wanting an advanced career in the pharmacy profession. Pharmacists are key players in the health care field with the opportunity to interact extensively with patients. Pharmacists advise patients on possible drug interactions, as well as food, drink, and activities that may alter how medications work.
Most pharmacists work in either community drug stores or hospitals. However, people with PharmD degrees may also choose to conduct research at academic institutions or contribute to the development and safety testing of new medications while working at pharmaceutical companies.
PharmD schools generally offer programs that take four years to complete, though some specializations require an additional one or two years of training. After completing PharmD school, pharmacists must be licensed by the state in which they practice. The requirements for this license vary by state, but generally require passing a series of exams.
The latest studies by Bureau of Labor Statistics make clear that the job prospects for PharmD careers are excellent and expected to grow 18 percent over the 2008-2018 time period. Furthermore, a PharmD career pays well: the median annual salary for those with this degree was $109,180 as of 2009.
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