Brand Institute pays doctors, nurses, pharmacists, and various other medical professional money to participate in their online surveys and telephone panels. The money is very good, as much as $50 to $100 or more sometimes depending on your specialty, and you also do get a chance to participate in some pretty interesting studies.
Brand Institute provides brand naming services for the medical industry and especially the pharmaceutical industry. They basically create brand names for new pharmaceutical products and submit research studies to the Food and Drug Administration regarding the safety of those names when it comes to their practical everyday use. They study whether a particular drug’s name could be confused with current names of drugs on the market when they are written on prescriptions or spoken between professionals. The drug names must be approved by the FDA before they can be used, so millions of dollars and years of research and branding depend on the success of these research studies and their subsequent approval or denial by the FDA.
It will give you an interesting insight into how the brand naming and marketing industries interact with the FDA and the pharmaceutical industries, but best of all, it’s a great way to earn some extra cash, and you can sometimes make the equivalent of $50-$100 an hour.
You don’t always need to be a practicing medical professional either, so if you have your license or certifications or if you are a recent graduate with certain qualifications, you may be able to participate while you are otherwise venturing into your career.
Thanks and enjoy.