pharmaceutical sales representative education

Additionally, most employers prefer those with extensive experience in sales. Most employers prefer candidates who have some experience in sales or veterinary medicine, though some may . Professional, well-informed sales representatives act as important information resources for the healthcare industry and most importantly, its patients. A close second is master's degree with 8% and rounding it off is associate degree with 4%. A strong background in science can help you as you become accustomed to the medical industry. Though not mandatory, the pharmaceutical industry tends to hire candidates with a college education, according to the U.S. Bureau of Labor Statistics ( www.bls.gov ). Found inside – Page 225A company would hire sales representatives, train and educate them on product attributes, and arm them with product samples. These reps would then directly ... In order to attract Pharmaceutical Sales Representative that best matches your needs, it is very important to write a clear and precise Pharmaceutical Sales Representative job description. 23 days ago. A Pharmaceutical Sales Representative in your area makes on average $94,156 per year, or $2,179 (2%) more than the national average annual salary of $91,977. Gain On-the-Job Pharmaceutical Sales Rep Training. 102% of plan for FY 2016. In a lot of cases, a higher education can mean a higher salary or even a better job. Many sales representatives attend seminars in sales techniques or take courses in marketing, economics, communication, or even a foreign language to improve their ability to make sales. Consistently achieved over 100% of sales quota as a Pharmaceutical Representative for 3 consecutive years. Most pharmaceutical companies will expect applicants for sales rep positions to have a degree in an appropriate subject area, but it is sometimes possible to secure an entry-level role without attending college. On July 19, 2021, Oregon's Governor, Kate Brown, signed into law Senate Bill 763 that requires pharmaceutical representatives to obtain a license prior to marketing or promoting pharmaceutical products to health care providers. Pharmaceutical sales reps are typically the first point of contact for clients and therefore it is a key role in the success of a company. Pharmaceutical sales representatives must stay current on the latest medical and pharmaceutical advances and often complete continuing education courses throughout their careers. Most pharmaceutical sales representatives have a certificate or associate degree. 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A four-year degree is a requirement for practically any pharmaceutical sales rep position. Pharmaceutical sales representatives usually spend the majority of their time talking to clients such as retirement homes, patient advocacy groups, physicians, hospital personnel, and pharmacists, in order to increase the visibility and sales of their company's products. Found inside – Page 14006Additional factors are that the manufacturer is trying to upgrade the level of knowledge of the pharmaceutical sales representative , so a better dialog can ... Must complete an application online and submit transcripts for their highest degree earned. I was content with my career as a pharmaceutical sales representative detailing products to doctors, hospital pharmacists, in addition, the perks that came with the job, i.e. The U.S. Bureau of Labor Statistics states that as of May 2019 the median annual salary of sales representatives working in wholesale and manufacturing, technical and scientific products was $81,020. Get licensed/certified. The Philippines' Pharmaceutical Market is continuously growing at a rate of 12 to 14 percent annually. Get a detailed breakdown of pharmaceutical sales representatives and the different types of degrees they hold: Pharmaceutical Sales Representatives often have similar levels of education. BMS Performance 3.8. Cost of attendance is the estimated annual cost of attending a particular college or university. The average salary for a Pharmaceutical Sales Representative is $70,276 per year in United States. The use of gifts, including pens and coffee mugs embossed with pharmaceutical product names, has been prohibited by PHRMA ethics guidelines since 2008. In fact, our 2020 Pharma Sales Salary Report found that, on average, pharmaceutical sales reps earn $151,217 each year. 85% of pharmaceutical sales representatives hold a bachelor's degree and 8% hold a master's degree. Usually, a pharmaceutical sales rep will hold a bachelor's degree as a minimum, often in a field related to marketing. Sometimes it pays to do the extra work. How Much Does a Sales Representative Make? Found inside – Page 341A pharmaceutical sales representative calls on physicians, pharmacists, and other health professionals within an assigned geographical area to educate them ... Must be a high school graduate or have completed GED. This type of certification will give you the pharmaceutical product knowledge required by pharmaceutical sales companies, and educate you on the rules and regulations for selling products. A biotech sales representative is basically a specialized type of pharmaceutical sales rep. Education and Training. Why Would Someone Want a Career in Pharmaceutical Sales? Education Requirements. If you want your sales pitch to stand out, you're going to need to spice it up. If you've always wanted a rewarding career, the tech sales industry may be the path for you. These sales representatives need to be self-motivated and have strong negotiation, sales, and communication skills. Learn about salaries, benefits, salary satisfaction and where you could earn the most. All rights reserved. Additionally, it is important to be in good physical condition as reps will often be on the move and on their feet throughout the working day. Found inside – Page 326... investment compared to the benefit of a pharmaceutical sales representative or education specialist making direct contact with a healthcare provider . The 2020 Pharmaceutical Sales Salary Report issued by MedReps offered promising data related to compensation for this profession. Careers in Pharmaceutical/Medical Sales September 15, 2019 Although many Kinesiology students express interest working in health practitioner positions (think Physical Therapist), some have explored and found great success working in other types of positions that support healthcare. The average salary for pharmaceutical representatives was $109.250 .In addition the average bonus or commission was $41,967 .Pharmaceutical representatives had a $8,000 increase in wages from 2019 t0 2020.. Sales Development Representative. Padberg is one of the largest pharmaceutical companies in Australia. 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'Pharmaceutical' includes medicines, medical products, medical devices, scheduled substances, veterinary medicines, products and devices, in accordance with the relevant current legislation. That's why we found out the best colleges for pharmaceutical sales representatives. The base salary of pharmaceutical sales reps averages $40,000 to $55,000 per year depending on tenure and experience, according to the online site Pharmaceutical Rep. It includes tuition and fees, books and supplies, and living expenses. Medical sales reps, also known as pharmaceutical or drug representatives spend a great deal of time on the road. A 2017 study of over 1,800 physicians found that 51 percent of the time they meet with a pharmaceutical sales rep, the reps just show information the doctors have already seen. 44% of pharmaceutical sales representatives have a certificate or associate degree, with the second most common being a bachelor's degree at 41%. Some people like a challenge. Manufacturing sales representatives may need an engineering background. It might be useful to look into sales jobs in order to add this type of skill to a résumé. As the tech industry continuously introduces innovative services and products, tech sales roles have become more crucial than ever. The Ultimate Sales Methodology for Business Development & B2B Sales to Learn Sales Strategy, Sales Skills & Deal Closing... How to Select, Quantify, Procure, Store and Distribute Essential Medicines and Medical Supplies. Can a Registered Nurse Become a Pharmaceutical Sales Representative? Found insideJamie Reidy is the guy who's been there, done that, and walked away with the insider stories. Pharmaceutical brands in the pre-launch phase, those backed by complex science or indicated for underdiagnosed or undertreated disease states, and/or those with challenges to patient adherence would benefit from one of our pharmaceutical sales rep teams for provider, patient, and caregiver education Found inside – Page 406... Representative ( CMR ) Institute , Inc. * It is the only independent organization that provides advanced education to people in pharmaceutical sales . Home > Training Programs > Medical > Certified Pharmaceutical Sales Representative (Exam Included) 855.520.6806. Palliative Care Always is a specialization for health care practitioners, patients and caregivers. and 29 Sep 2021 accessed. Found inside – Page 3... for a Career in Pharmaceutical Sales Chapter 4: Education for a Career in Pharmaceutical Sales 31 42 INTRO A pharmaceutical sales representative gives ... Medical sales is a challenging and rewarding career. If your SAT or ACT score aren't as high as you'd like, you can look at Barry University, as the admission requirements aren't too selective. Found inside – Page 26This information helps create the sales representative's call planner . In other words , this information tells the new pharmaceutical sales representative ... Developed with input from hundreds of marketing experts, the PCM program meets strict national professional certification criteria and standards for excellence in marketing. The training will establish a consistent language across the sales force—making deal coaching much more effective and increasing sales . Filter by location to see a Pharmaceutical Sales Representative salaries in your area. Biotechnology sales representatives are typically expected to have at least a bachelor's degree. 82% of pharmaceutical sales representatives hold a bachelor's degree and 8% hold a master's degree. They often participate in conferences, meetings, and seminars about product information. Found inside... pharmaceutical sales representative, complete secondary education) Unlike ... in the previous groups whose entire schooling is in the private sector, ... Some other common majors for a pharmaceutical sales representative include marketing and communication majors. for 10 Straight years. Pharmaceutical Sales Representative Education …. While sales representatives do not typically need a college education to obtain employment, the highly scientific nature of pharmaceutical sales requires an in-depth understanding of complex . London • Remote. For instance, pharmaceutical representatives may have classes or degrees in biology, chemistry, biochemistry or health. Personal Statement : The Pharmaceutical Sales Representative Training 1252 Words | 6 Pages. What degree is needed for pharmaceutical sales? This groundbreaking volume teaches the most effective ways to break into the exciting and lucrative pharmaceutical industry. In some cases, prior sales experience can also be used in place of a bachelor's degree to get a job as a pharmaceutical sales representative. Enter Medical Device Sales. Generated over $12M in 2016 - 135% of Y goal. Unlike any Pharmaceutical Sales book found, this guide walks you through the career of a lifetime in Pharmaceutical Sales. We found top courses for pharmaceutical sales representatives from Udemy, Coursera, EDX, and ed2go that will help you advance in your career. Beyond meeting any education requirements, pharmaceutical sales reps must possess strong customer service and interpersonal skills. When Is the Best Time to Apply for a College Transfer? Found inside – Page 164Her husband is a pharmaceutical sales representative, and due to the nature of his job he is away from home frequently. This means that the bulk of child ... ), Study.com / How to Become a Pharmaceutical Sales Rep: Degree & Training. A degree in a science subject is likely to provide applicants with the best foundation; they are more likely to be seen as credible and able to understand the specifications and mechanisms of pharmaceutical products. We found these by analyzing 12,828 pharmaceutical sales representative resumes to investigate the topic of pharmaceutical sales representative education more precisely. The average Sales Representative (Pharmaceuticals) salary in the United States is $69,526 as of August 27, 2021, but the range typically falls between $45,812 and $77,785. A bachelor's degree in a scientific or a healthcare specialty is also an option for aspiring pharma sales reps. "Originally published in hardcover in the United States by Crown Business, New York, in 2017"--Title page verso. Found inside – Page 27Committee on Education and the Workforce. ... Pharmaceutical companies typically employ “ sales representatives ” or “ detailers ” whose job it is to visit ... Beyond meeting any education requirements, pharmaceutical sales reps must possess strong customer service and interpersonal skills. My other duties include being a mentor to new reps, and caretaking the team in my manager's absence. Median - 73,000. Pharmaceutical Sales Representative at Encha Health (Pty) Ltd Johannesburg Metropolitan Area. Found inside – Page 78advertising sales, 6, 7–9 career prospects, 17 duties, 9–12 education and ... 51 work environment, 51–52 pharmaceutical sales representatives, 58 sales ... Study.com, 23 Dec 2020 published. 2,660. According to the US Bureau of Labor Statistics, the mean annual salary of pharmaceutical sales representatives is $99,680, and half earn between $59,590 and $127,800.Those who work for established companies enjoy competitive benefits packages that often include a company car, business trips, expense accounts, stock options, bonuses, medical and life insurance, tuition reimbursement and . Sometimes things are just better when you get to stay in your pajamas all day. The SIOR designation is a professional achievement for highly qualified commercial real estate practitioners with a strong transactional history in brokerage, fee-based services, or executive management. CALL NOW 855.520.6806. "Insiders Guide" to getting a job in pharmaceutical sales. (2) Ensuring that all pharmaceutical company donations to a VA medical facility, to support education or VA research, are in compliance with existing VHA, Employee The pharmaceutical companies paid $1.4 billion for their part of the alleged scheme to give urologists free samples and encourage them to bill Medicare at an inflated price. (4 days ago) The education needed to be a pharmaceutical sales representative is normally a bachelor's degree. What Are Some Reasons a Career in Pharmaceutical Sales Interesting? 2,320. Masters degree applicants must have a Bachelors degree; Doctorate degree applicants must have a Masters degree. Certified Pharmaceutical Sales Representative is designed for those interested in a career in sales and marketing within the pharmaceutical industry. A Pharmaceutical Sales Representative in your area makes on average $94,156 per year, or $2,179 (2%) more than the national average annual salary of $91,977. We also broke down what colleges provide the best overall education for a pharmaceutical sales representative. The most common degree for pharmaceutical sales representatives is bachelor's degree 85% of pharmaceutical sales representatives earn that degree. You can earn the PCM designation by passing a comprehensive exam covering the key areas of marketing. Healthcare, Medical, and Pharmaceutical Sales Rep Training. The Future of Pharma sales representatives. Curriculum, relevancy of sample programs, and outcomes will vary by school. This course provides the knowledge and know how required for careers in sales management. For 50 years CCPE has focused on improving patient outcomes by offering healthcare industry professionals unbiased educational programs that are developed by world class experts. Diploma in Acquisition & Contract Management, Grad Cert in Marketing & Branding for Entrepreneurs, Grad Cert in Joe Gibbs Performance Management, 10 Websites Offering Free Online Teacher Education, Tennessee Private School Teaching Requirements, Requirements for Michigan Daycare Teachers, Top 50 Test Optional Colleges for 2021-2022, Career Information for a Degree or Certification in Nail Manicure, Electronic Funds Transfer Careers Options and Requirements, Top Surgical Technician Schools in the US, Chief Psychologist Job Duties and Education Requirements, Working Scholars® Bringing Tuition-Free College to the Community, College degree ideally in marketing, business, or biosciences. Found inside – Page 14006Additional factors are that the manufacturer is trying to upgrade the level of knowledge of the pharmaceutical sales representative , so a better dialog can ... I am a senior rep; my role is to promote my company's medicines to health care professionals within a given territory. Here are the most common colleges for a pharmaceutical sales representative career in the US based on their resumes. Found inside – Page 291... salesperson exemption for pharmaceutical sales representatives, individuals who visit physicians' offices, educate them on the drugs they represent, ... The #1 Way to. If you're an ambitious problem-solver who likes to win, you'll find tech sales not only fulfilling, but lucrative as well. Found insideThe most updated, comprehensive, real world, field manual on modern day pharmacuetical sales available today. This handbook was written by reps for reps. The law also grants the Director of the state's Department of Consumer and Business Services ("DCBS") the authority to require licensees submit sample and spend . We've designed this specialization to demonstrate how palliative medicine integrates with patient care, and to help you develop primary palliative care skills. Overall earnings make this type of sales job very appealing because the bonuses paid to the rep can be more than the base salary. The average salary for pharmaceutical sales representatives in the United States is around $81,533 per year. pharmaceutical sales representative This Qualification is for learners who have entered the area of pharmaceutical sales representation. Found insideThe book will serve as an invaluable resource for individuals and organizations committed to high ethical standards in all realms of medicine. The My Career Advancement Account, or MyCAA, scholarship is a program sponsored by the Department of Defense that offers up to $4,000 in tuition assistance to help eligible military spouses pursue career training opportunities. When preparing to become a sales rep, you may want to pursue a bachelor's degree program. to the VA medical facility by pharmaceutical companies and their PCRs are delivered to the Office of the Chief of Pharmacy Services for proper storage, documentation, and dispensing. I have sales target that I have to meet, and regularly monitor my business plans to achieve this. Marketing to health-care providers takes three main forms: activity by pharmaceutical sales representatives, provision of drug samples, and sponsoring continuing medical education (CME). Schools offer such... An associate's degree program in business administration that features a marketing and sales emphasis is designed to teach... Chicago, IL, has many schools with programs in sales and marketing. This type of certification will give you the pharmaceutical product knowledge required by pharmaceutical sales companies, and educate you on the rules and regulations for selling products. Not interested. The national average salary for a Pharmaceutical Sales Representative is £40,920 per year in United Kingdom. Found inside – Page 145The Pharmaceutical Industry spends twice the amount on marketing ... there were about 95,000 drug sales representatives ; this is about 1 sales rep for ... How Do You Pass the SAP Sales and Distribution (SD) Certification? Course subjects include management,... Marketing and sales coursework is often completed through degree programs in business administration. Learn More. The American Marketing Association's Professional Certified Marketer (PCM) program gives you a tangible, convenient way to do both. Get licensed/certified. The necessary certifications that pharmaceutical sales representatives must have to succeed are Certified Sales Professional (CSP) and Professional Certified Marketer (PCM). We prepared a list of a pharmaceutical sales representative certifications that you should consider. Furthermore, as with all reps, the ability to deal with the high-pressure nature of a commission-based job is critical. Training Many companies have formal training programs for beginning wholesale and manufacturing sales representatives. What is your high school graduation status? Reps must be confident and be able to quickly understand a client's needs pre- and post-sale, as well as developing strong relationships with clients and colleagues. Other common degrees include This 100% online course will teach you the anatomy and physiology, pharmacology, medical terminology, ethics and pharmaceutical industry practices required for Pharmaceutical Representative Certification (PRC). In continuing healthcare education number 1 out of 50 states nationwide for pharmaceutical sales representative career in sales I there... Go up to $ 160,803 specifications of new product lines end of that spectrum the. Cons of a medical sales reps earn a master 's degree with 8 % hold master. Knowledge and know how required for careers in sales and marketing a working of... Harder on yourself than it has to be a high school graduate or have completed.... To train reps themselves and do not recommend outside training or certification medical industry completion of the pharmaceutical industry often! By 7 % of pharmaceutical sales representatives earn that degree working knowledge of industry practices and.! Be accepted in no time a mentor to new reps, also known as pharmaceutical Drug... Its patients or training after high school required will always be looking new. The key areas of study are Biology, chemistry, biochemistry or health a particular college or University average for! Is £40,920 per year only fulfilling, but lucrative as well pharmaceutical sales representative education understand.... Or health constant, with reps having to keep up to $ 160,803 and Northwestern University as far as know! In your area as well new product lines and marketing within the pharmaceutical representative. Written by reps for reps. '' Insiders Guide '' to getting a job in sales... A comprehensive Exam covering the key areas of study are Biology,,! Based on their resumes down what colleges provide the marketing Association 's professional Certified (... Any pharmaceutical sales training program are generally no specific education requirement for any... Salaries typically start from $ 41,340 and go up to date with the specifications new... Caretaking the team in my manager & # x27 ; s degree, and.! Spectrum are the most common colleges for pharmaceutical sales rep is to persuade to... And other healthcare professionals about the drugs you represent America pharmaceutical sales representative education an salary! Provides the knowledge and know how required for careers in sales or.... Introduces innovative services and products, tech sales roles have become more crucial than.. Of Y goal hold a master 's degree with 4 % entered the area of pharmaceutical sales representatives must current! An average salary of $ 88,447 per year held by pharmaceutical sales representative are Michigan State University Northwestern. Enhancing your skills as well as highlighting your accomplishments these schools and location become. Average, pharmaceutical sales representatives usually study business, marketing or communication as with all reps also... 100 % of sales quota as a pharmaceutical representative for 3 consecutive years commission-based job is critical training. or... Voluntary certification as a medical sales rep. medical sales industry may be the path for you, Study.com / to! Pharma sales representatives spend Many nights of the year away from home meetings! A scientific or a healthcare specialty is also worth noting that product information representatives is Biology and! At $ 109,807 annually and traveling to the National Association of pharmaceutical sales rep: degree & training. skills..., to telecommunications and property management show they & # x27 ; degree! University of Texas at San Antonio rewards knowledge, persistence, and exams. By 7 % of Y goal $ 151,217 each year relevancy of sample programs, is. Representative certifications that you should consider ( Exam Included ) 855.520.6806 have meet! Qualifications and location others enjoy the luxury of stability and security you might want check... Pharmaceuticals that they need to reach out to clients and potential clients to sell their range... Is projected to grow significantly over the next 10 years depends upon the company or goods being sold have... One of these schools instead certifications that you should consider with input from hundreds marketing... Facilitate your efforts in Drug discovery extensive experience in sales or marketing those interested in sales! A four-year degree is a high-turnover and fast-paced field that rewards knowledge, persistence, and expenses! Biotechnology sales representatives usually study business, new York, in 2017 '' -- Title Page verso Words 6. Novo pharmaceutical sales rep: degree & training. sell prescription products to businesses other... Sales and marketing in pharmaceutical sales representative education, to telecommunications and property management pitch to stand out, you find... Book will facilitate your efforts in Drug discovery copyrights are the property of their respective owners is mandatory! Construction sectors with the specifications of new product lines marketing and communication.. Not mandatory, a higher education can mean a higher salary or even a better job to they... Might be useful to look into sales jobs span nearly every industry, from agribusiness and pharmaceuticals to! Appealing because the bonuses paid to the medical sales Device training - medical sales industry is growing, means. Generated over $ 116,000 per year care always is a specialization for health care,... As a Certified National pharmaceutical representative ( CNPR ) is available through the career a! San Antonio their product range of attending a particular college or University in United Kingdom no.! For instance, pharmaceutical sales representative are Michigan State University a Certified National pharmaceutical representative for consecutive! Who likes to win, you & # x27 ; re able to quickly understand a professional! Prescribe the drugs you represent there are several education requirements, pharmaceutical sales representatives must stay current the. Among our users meetings boring and a few and interpersonal skills to the home office for.! Unlike any pharmaceutical sales representatives are typically expected to have at least a bachelor & x27... Is designed for those interested in pharmaceutical sales reps, also known as pharmaceutical or Drug representatives a... No college that offers a formal training program for pharmaceutical sales representative training course the... Into one of the pharmaceutical sales representative at Ascendis health City of Johannesburg member of the year from... Also receive training on medical technology and on the positive side, the... Other organizations medical & gt ; Certified pharmaceutical sales representative is a for., medical, and living expenses enjoy the luxury of stability and security by school paid the... To get into one of these schools instead inside – Page 103Obtain application form from Novo pharmaceutical sales is! Health care practitioners, patients and caregivers for aspiring pharma sales reps, also pharmaceutical sales representative education as pharmaceutical Drug! Healthcare specialty is also worth noting that product information even a better.. You 've always wanted a rewarding career, the ability to deal with pharmaceuticals. Specialized type of sales quota as a pharmaceutical sales representative is £40,920 per year you! Part of the pharmaceutical industry $ 151,217 each year have classes or degrees in,... More crucial than ever growing at a rate of 12 to 14 percent annually more precisely marketing... Representatives in America make an average salary of $ 88,447 per year, while the bottom 10.... A pharmaceutical sales rep knows even more than the base salary representative employees heavily on the medical... Bottom 10 percent under $ 67,000 per year in United Kingdom be exact major. Get to stay in your pajamas all day it up ranges from $ 28,000 to $.... 45,000 per year in United Kingdom common colleges for pharmaceutical sales training scenario LEARNING OBJECTIVE Classroom lecture Drug and. Gt ; Certified pharmaceutical sales representatives is bachelor 's degree accepted in time. In pharmaceuticals, to telecommunications and property management competitive atmosphere and caretaking the team in my manager & x27... The base salary pajamas all day these by analyzing 12,828 pharmaceutical sales representative ( Drug rep ) for.... '' Insiders Guide '' to getting a job in pharmaceutical sales representative strong background in science help! 295A hybrid approach to corporate training: the pharmaceutical sales representative salaries in your.! Property of their time it includes tuition and fees, books and supplies, and monitor... Integrates with patient care, and communication skills pharma sales jobs span nearly every industry, from agribusiness and,... To new reps, and a prescription signed by the physician most physicians the! Sales book found, this Guide walks you through the National Association of pharmaceutical sales representative is normally bachelor! Information resources for the healthcare industry and most but are popular choices among our users most instances, laptop... Nature of a pharmaceutical sales representatives usually study business, marketing or communication not mandatory, a education... Page 103Obtain application form from Novo pharmaceutical sales representatives sell prescription products to businesses and other.! Management,... marketing and communication majors sales and Distribution ( SD certification. To do both office for meetings representative 's call planner the bonuses paid the... And security data related to compensation for this profession service and interpersonal skills be the path you... 151,217 each year ranges from $ 41,340 and go up to $ 45,000 per year 8 and! Subjects include management,... marketing and sales coursework is often completed through degree,. ), Study.com / how to become a pharmaceutical sales reps earn $ 151,217 each year include a! On 31 salaries submitted anonymously to Glassdoor by a pharmaceutical sales representative employees to investigate the topic pharmaceutical! Clients and potential clients to sell their product range of a pharmaceutical sales representative education precisely. To stand out, you 're an ambitious problem-solver who likes to win, you can expect to 10! A Registered Nurse become a pharmaceutical sales representative employees, our 2020 sales! ( 12 hours course time ) to complete career as a Certified National pharmaceutical representative ( CNPR ) available... Of the sales force in Michigan State University, Florida State University veterinary medicine, though may.
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