SCU-2009.pdf

www.careersbiotech.comCopyright 2007 Career Opportunities in Biotechnology and Drug Development. All rights reserved. 1

Career Opportunities in the Life Sciences: So Many Career Paths

Available for SCU students

Toby Beth Freedman, Ph.D.January, 2009

Career Opportunities in Biotechnology and Drug Development


Definitions

Pharmaceuticals

Chemical synthesis

Small molecule drugs

Pfizer, BMS, Merck, Wyeth

Aspirin, statins, Viagra, antibiotics, taxol, Prozac, antihistamines, anti-inflammatories


Definitions

Biotechnology

Biologics: DNA, RNA, protein, viruses, antibodies, hormones

Large molecule drugs

Genentech, Amgen, Genzyme, Gilead, Biogen

Rituxan, EPO, Enbrel, Gleevec, Herceptin, insulin, HGF


Definitions

Biotechnology

Instruments and tools, enabling technology, services

Microscopes, reagents, software, services

Applied Biosystems/Invitrogen, Zeiss, Promega, Covance


Definitions

Medical Devices

Instrument or software for diagnosis or therapeutic purposes

J&J, GE, Medtronic, Tyco, Siemens, Philips, Boston Scientific, Abbott

Stents, MRI, surgical equipment, defibrillators, wheelchairs


Personal Goals and Priorities

Do Good * Have Fun * Make Money

--J. Leighton Reed, MD, Venture Capitalist


The Experiment

Interviewed over 200 industry executives Gathered data, wrote career book Project took three years


Goals: Get on the Right Track


Goals: Be Sure To Enjoy a Job

If you are doing what you love, then its not really work Peter David


Results: So Many Careers To Choose!Discovery ResearchRecruiting

LawVenture Capital & Banking

Management Consulting

Bio IT

Quality

Operations & Manufacturing

Business Development

Corporate Communications

Product Support

Sales

Marketing

Medical Affairs

Regulatory Affairs

Clinical Development

Project Management

Bio/Pharmaceutical Product Development

Preclinical Research

R&DServices

Operations

Commercial Operations


Careers in ResearchDiscovery Research Discovery ResearchRecruiting



Bio IT

Quality




Product Support

Sales

Marketing

Medical Affairs

Regulatory Affairs


Project Management



R&DServices

Operations



Laboratory Positions in IndustryDiscovery Research Discovery ResearchRecruiting



Bio IT

QualityQuality




Product Support

Sales

Marketing

Medical Affairs

Regulatory Affairs

Project Management



Preclinical Research Preclinical Research

R&DServices

Operations


Clinical Development Clinical Development


Careers for Engineers: Medical Device and Biotech Tools Companies

Discovery ResearchRecruiting

Venture Capital & Banking


Bio ITBio IT

Operations & Manufacturing Operations & Manufacturing



Sales

Marketing

Medical Affairs

Regulatory Affairs

Project Management Project Management


R&DServices

Operations


QualityQuality

Product Support Product Support

Product Development Product Development


LawLaw


Careers in BusinessDiscovery ResearchRecruiting

Bio ITBio IT

Quality

Operations & Manufacturing Operations & Manufacturing

Business Development Business Development

Corporate Communications Corporate Communications

Product Support

SalesSales

MarketingMarketing

Regulatory Affairs





R&DServices

Operations


Management Consulting Management Consulting



Medical Affairs Medical Affairs

LawLaw


So, you want to be a CEO one day?Discovery Research Discovery ResearchRecruiting

LawLawVenture Capital & Banking



Bio IT

Quality



Product Support

SalesSales

MarketingMarketing

Medical Affairs

Regulatory Affairs





R&DServices

Operations

Commercial OperationsOperations &

Manufacturing

Operations &

Manufacturing


Careers where you can earn the most money

Discovery ResearchRecruiting




Bio IT

Quality




Product Support

SalesSales

MarketingMarketing


Regulatory Affairs


Project Management



R&DServices

Operations



If you enjoy writing...Discovery ResearchRecruiting



Bio IT

Quality



Corporate Communications Corporate Communications

Product Support

Sales

MarketingMarketing

Medical Affairs

Regulatory Affairs Regulatory Affairs


Project Management



R&DServices

Operations



In Demand JobsDiscovery ResearchRecruiting



Quality



Product Support

Regulatory Affairs Regulatory Affairs





Preclinical Research Preclinical Research

R&DServices

Operations




Bio-ITBio-IT

SalesSales

MarketingMarketing


So Many Careers To Choose!Discovery ResearchRecruiting



Bio IT

Quality




Product Support

Sales

Marketing

Medical Affairs

Regulatory Affairs


Project Management



R&DServices

Operations



Many Areas to Consider

Table 6-1: Biotechnology and Drug Development Overview... Where the Jobs Are

Drug Discovery & Development

Biotechnology Tools

Biotechnology Services

Other Pharma/ Biotech Areas

Government Institutions

Medical Devices Academia

Pharmaceutical companies

Biotechnologytherapeuticcompanies

Vaccines

Drug delivery

MolecularDiagnostics

Reagents and Chemical suppliers

Instruments (e.g., microscopes)

Platform companies (e.g., genomics, proteomics, nanotechnology)

Bio-IT

Software and hardware

Molecular diagnostics

Management consulting and accounting firms

Law firms

Venture capital and investment banking

Recruiting firms

Contract research organizations (CROs)

Contract manufacturers (CMOs)

Research and clinical testing: clinical labs, customized antibodies

Bio-IT

Other agencies and niche providers: PR, advertising, market research, medical communications

Consultants

Agricultural

Industrial biotechnology

Molecular diagnostics

Veterinary companies

Foundations, non- profits, social philanthropy

Clean tech/energy

Nanotech

Journalism

Food and Drug Administration (FDA) and CBER

Centers for Disease Control (CDC)

National Institutes of Health (NIH)

US Patent and Trademark Office (USPTO)

DOE, USDA, DOD

Research institutes and government labs

CIA, FBI, and NASA

Trade commissions

Medical devices

Diagnostic companies

eHealth

Technology transfer

Industry- supported labs and institutes

Education

Career Counseling


Drug Development: A Risky Endeavor

Discovery Research

Lead Optimization of Drug Candidates

Preclinical Studies

Bio/Chemical Process Development

IND filing

Clinical Trials

Scale-Up / Manufacturing

NDA or BLA filing

FDA review

Product Launch!

Commercial Operations and Sales

Phase IIIB/IV Trials

Discovery Research Preclinical Studies Clinical Development and Regulatory Affairs

Millions of compounds 71-2 1 in 6

About 15 years and $800M!


Careers in Industry

Most common answer to why people enjoyed their jobs?


Why Work in Industry???

Overwhelming feeling of higher aspirations for developing drugs that promise to benefit mankind


Themes to Excel

Personality attributes to be successful, regardless of the career?


Personality Attributes to be Successful in Industry

Flexibility Communication skills Team player Interpersonal skills Can-do positive attitude, sense of humor Multitask Forest through the trees Customers point of view Creative problem solving skills


Job Search Strategy

Build your network


The current economic environment

Implosion of financial institutions Limited credit available FDA more demanding Healthcare reform Pressure to decrease drug pricing IPO window closed VCs holding on to cash, investing in portfolio

companies, public companies (bargain prices)


Top 5 lay-offs for 2008

Merck - 8,400 Schering-Plough - 5,500 Wyeth 5,000 UBC Pharma 2,000 Astra Zeneca 1,400

Source: www.fiercepharma.com, November 17, 2008


Not so bad off

Biotech and medical device better than other industries

Big pharma is cash rich, needs to fill pipelines

Big biotech companies doing well Stock is cheap Will pick up when economy recovers


Opportunities Abound in the Obama World

Energy and clean tech Stem cells Education Healthcare--hospitals Government Academia


The Future of Biotech is Promising

Significant unmet medical needs remain neurological disorders, cancer, infectious diseases, diabetes, obesity, cardiovascular diseases

Aging population Tremendous market opportunity in China

and India Energy


Contact Information

Toby Freedman, Ph.D.President, Synapsis [email protected]

www.careersbiotech.com


Acknowledgments

Over 200+ industry professionals

Special Thanks to: Molly Schmid, Joseph Carlino, Betsy Alberty,

Angelie Agarwal, Bill Lindstaedt

Even More Special Thanks to: My father, Bill Freedman, who edited the

chapters multiple times and Peter Symonds


Additional Information

Free sample chapter on Careers in Project Management, www.careersbiotech.com

Career resources on www.careersbiotech.com


Thank you!

Wishing you much success in your endeavors!May you find a cure for cancer!

Career Opportunities in the Life Sciences: So Many Career Paths Available for SCU studentsDefinitions Definitions Definitions Definitions Personal Goals and PrioritiesThe Experiment Goals: Get on the Right TrackGoals: Be Sure To Enjoy a JobResults: So Many Careers To Choose!Careers in ResearchLaboratory Positions in IndustryCareers for Engineers: Medical Device and Biotech Tools CompaniesCareers in BusinessSo, you want to be a CEO one day?Careers where you can earn the most moneyIf you enjoy writing...In Demand JobsSo Many Careers To Choose!Many Areas to ConsiderDrug Development: A Risky EndeavorCareers in IndustryWhy Work in Industry???Themes to ExcelPersonality Attributes to be Successful in IndustryJob Search StrategyThe current economic environmentTop 5 lay-offs for 2008 Not so bad offOpportunities Abound in the Obama WorldThe Future of Biotech is PromisingContact InformationAcknowledgmentsAdditional InformationThank you!

Documents

SCU-2009.pdf