Yes, but it's a bit of a funny career path. If you want to get into regulatory affairs, or drug safety / pharmacovigilance, you'll likely have to start off as a sales rep and then climb the corporate ladder to get those more science orientated / high paying jobs. The other option I'm seeing a lot of friends having success with is now interning for management consulting, marketting firms and even a few are in a big 4 whilst completing part time a Masters of commerce or MBA. Other options are diagnostics like douglas hanley moore, or quality control with places like sydney water, unilever etc...
In almost all cases you'll need to do more then just a B.Sci to get out of 'the basement' persae, whether this be a Phd, MBA, or a post grad speciality like pharmacy, dental surgery, and of course med.
I'm currently working for a niche firm that does intellectual property and regulatory affairs law research for pharmaceutical companies.