Okay, let’s calculate Derek’s potential hourly rate. Considering his skills in cross-functional team leadership, product development, and commercialization, which are valuable in the biopharmaceutical industry, I’d estimate his rate around $125 per hour. This is slightly lower than the average rate for a product development manager in the pharmaceutical industry, which can range from $150 to $250 per hour. However, Derek’s certification in Pragmatic Marketing, Level 2, adds a layer of complexity to his skill set, which might justify a slightly lower rate. Additionally, his location in Advance, North Carolina, is a smaller market, which can also impact his earning potential. So, $125 per hour seems a reasonable estimate.