<p>I want to be a pharmacist first-and-foremost, but I also want to research in pharmaceuticals, make new products, and better the world community and perhaps make a little money selling my new products at the same time. Is there really any way I can accomplish my ambitious goals?</p>
<p>Yes, if you are a hospital based pharmacist there will be opportunities to conduct research and be involved in drug trails. The extra money part… probably not so much.</p>
<p>Maybe I wasn’t clear with my question, because what I was thinking of doing was practicing and making a new, original contribution to drug research, patenting it, and then selling the patent to add some royalties to my income while I practice.</p>
<p>I’m aware of what you are saying, the chances of creating original drugs and patenting them is minimal. Most pharmaceutical research is done by companies or in joint with academic institutions. They, more than the researchers, are the ones who profit from it. Can you make money off of research? Absolutely, but it isn’t likely if you are doing it on top of a full time job.</p>
<p>The individual payout in the field of pharmacy isn’t astounding. There’s a certain level of risk and insurance that you have to factor in with R&D. Needless to say, groundbreaking discoveries are not being made at the same rate as they have in the past which is why you see so many mergers and acquisitions.</p>
<p>you need money for research
unless you win the lotto, that means either a grant or a company
grant goes to the univ which owns the patent as does the company</p>