Career Opportunities in Biotechnology and Drug Development Finding

Career Opportunities in Biotechnology and Drug Development Finding the Right Career in the Life Sciences UC Berkeley Toby Beth Freedman, Ph. D. April 25 th, 2013 www. careersbiotech. com Copyright © 2007 Career Opportunities in Biotechnology and Drug Development. All rights reserved. 1

Three Main Career Paths for Scientists Academia Tenured Professor Government, Research Institutes, Non. Profits Dean Director or Other Industry CEO VP Director Tenure track Educator Scientist or Other Manager Fellow or Principal Scientist Track Science and Business Student www. careersbiotech. com Copyright © 2007 Career Opportunities in Biotechnology and Drug Development. All rights reserved. 2

My Experiment • A comprehensive, systematic assessment of careers for life science professionals • Not hypothesis driven • Career choices for science and medical backgrounds • Resource guide for career planning—so much information that readers identify a career that suits their skills, interests, goals and personality attributes www. careersbiotech. com Copyright © 2007 Career Opportunities in Biotechnology and Drug Development. All rights reserved. 3

Goals: Be Sure To Enjoy a Job “If you are doing what you love, then it’s not really ‘work’” Peter David

Goals: Get on the Right Track

Methods • • 200+ interviews 1 hour telephone informational interviews Mostly VPs, Ph. D. s or MDs 10 interviews per chapter Compiled, analyzed and summarized Took three years Published by Cold Spring Harbor Laboratory Press and is on Amazon www. careersbiotech. com Copyright © 2007 Career Opportunities in Biotechnology and Drug Development. All rights reserved. 6

Results: So Many Careers To Choose! www. careersbiotech. com Copyright © 2007 Career Opportunities in Biotechnology and Drug Development. All rights reserved. 7

Product Development Overview Preclinical Studies Discovery Research Lead Optimization of Drug Candidates Discovery Research 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 Medical Affairs Clinical Development and Regulatory Affairs Commercial Operations: Marketing, Sales, and Technical Support Chemical and Biological Development, Operations and Manufacturing, Quality www. careersbiotech. com Copyright © 2007 Career Opportunities in Biotechnology and Drug Development. All rights reserved. 8

Careers in Research Venture Capital & Banking Law Discovery Preclinical Recruiting Research Bio/Pharmaceutical Product Development Management Consulting Project Management Bio IT Services Quality R&D Clinical Development Operations Commercial Operations & Manufacturing Regulatory Affairs Business Development Medical Affairs Marketing Corporate Communications Product Support Sales www. careersbiotech. com Copyright © 2007 Career Opportunities in Biotechnology and Drug Development. All rights reserved. 9

Bench Research Positions Venture Capital & Banking Law Discovery Preclinical Recruiting Research Bio/Pharmaceutical Product Development Management Consulting Project Management Bio IT Services Quality R&D Clinical Development Operations Commercial Operations & Manufacturing Regulatory Affairs Business Development Medical Affairs Marketing Corporate Communications Product Support Sales www. careersbiotech. com Copyright © 2007 Career Opportunities in Biotechnology and Drug Development. All rights reserved. 10

It’s easier to train scientists about business than the reverse Discovery Preclinical Recruiting Research Venture Capital & Banking Law Bio/Pharmaceutical Product Development Management Consulting Project Management Bio IT Services Quality R&D Clinical Development Operations Commercial Operations & Manufacturing Regulatory Affairs Business Development Medical Affairs Marketing Corporate Communications Product Support Sales www. careersbiotech. com Copyright © 2007 Career Opportunities in Biotechnology and Drug Development. All rights reserved. 11

Do you want to be a CEO one day? Venture Capital & Banking Law Discovery Preclinical Recruiting Research Bio/Pharmaceutical Product Development Management Consulting Project Management Bio IT Services Quality R&D Clinical Development Operations Commercial Operations & Manufacturing Regulatory Affairs Business Development Medical Affairs Marketing Corporate Communications Product Support Sales www. careersbiotech. com Copyright © 2007 Career Opportunities in Biotechnology and Drug Development. All rights reserved. 12

Careers where you can earn the most money Venture Capital & Banking Law Discovery Preclinical Recruiting Research Bio/Pharmaceutical Product Development Management Consulting Project Management Bio IT Services Quality R&D Clinical Development Operations Commercial Operations & Manufacturing Regulatory Affairs Business Development Medical Affairs Marketing Corporate Communications Product Support Sales www. careersbiotech. com Copyright © 2007 Career Opportunities in Biotechnology and Drug Development. All rights reserved. 13

Hot Jobs Venture Capital & Banking Law Discovery Preclinical Recruiting Research Bio/Pharmaceutical Product Development Management Consulting Project Management Bio-IT Services Quality R&D Clinical Development Operations Commercial Operations & Manufacturing Regulatory Affairs Medical Affairs Business Development Marketing Corporate Communications Sales Product Support www. careersbiotech. com Copyright © 2007 Career Opportunities in Biotechnology and Drug Development. All rights reserved. 14

Highly coveted jobs Recruiting Venture Capital & Banking Law Discovery Research Preclinical Research Bio/Pharmaceutical Product Development Management Consulting Project Management Bio-IT Services Quality R&D Clinical Development Operations Commercial Operations & Manufacturing Regulatory Affairs Business Development Medical Affairs Marketing Corporate Communications Product Support Sales www. careersbiotech. com Copyright © 2007 Career Opportunities in Biotechnology and Drug Development. All rights reserved. 15

Government Careers USPTO, Reg Law FDA Research Scientist, Fellow CDRH Engineer Forensics FDA PM FDA Medical Reviewer, Epidemiologist CDC FDA Reviewer Auditing FDA Public Policy www. careersbiotech. com Copyright © 2007 Career Opportunities in Biotechnology and Drug Development. All rights reserved. 16

Positions for Graduates Patent agent, advisor, USPTO Research Analysts/Assoc Kauffman Fellow Consultant Scientist I Project coordinator Bioinformatics Medical writer, IT QC chemist Startups FDA, Liaison OTT, Portfolio MSL, Scientific affairs Marcom, AAAS Fellow Market research Tech Support, FAS, Trainer Technical sales rep, FAS www. careersbiotech. com Copyright © 2007 Career Opportunities in Biotechnology and Drug Development. All rights reserved. 17

So Many Careers To Choose! www. careersbiotech. com Copyright © 2007 Career Opportunities in Biotechnology and Drug Development. All rights reserved. 18

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 Reagents and Chemical suppliers Management consulting and accounting firms Agricultural Medical devices Tech transfer Biotechnology therapeutic companies Instruments (e. g. , microscopes) Law firms Industrial biotechnology Food and Drug Administration (FDA) and CBER Diagnostic companies Venture capital and investment banking Molecular diagnostics Industrysupported labs and institutes Vaccines Drug delivery Molecular Diagnostics Platform companies (e. g. , genomics, proteomics, nanotechnology) Bio-IT Software and hardware Molecular diagnostics Recruiting firms Contract research organizations (CROs) Contract manufacturers (CMOs) Research and clinical testing: clinical labs, customized antibodies Bio-IT Veterinary companies Foundations, nonprofits, social philanthropy Clean tech/energy Nanotech Journalism Other agencies and niche Viticulture providers: PR, advertising, market research, medical communications Consultants Centers for Disease Control (CDC) National Institutes of Health (NIH) e. Health Education HC Informatics Telemedicine US Patent and Trademark Office (USPTO) Program management Incubators Depts of Ag, Energy, Veterans Affairs, Defense Homeland Security & Defense CIA, FBI, NASA, Air Force Trade commissions Crime labs forensics www. careersbiotech. com Copyright © 2007 Career Opportunities in Biotechnology and Drug Development. All rights reserved. 19

Non-Profits Drug Discovery & Development Granting Organizations World Health Educational Lobbying and Workforce Dev Cancer Non Profits Myelin Repair Foundation American Cancer Society WHO ACS BIO Melanoma Research Alliance Alzheimer’s Association Gates Foundation ASCB Mass. Bio American Cancer Society DIA So. Cal Ph. RMA Bay. Bio Michael J Fox Foundation Leukemia Society Skoll Foundation SENS Research Foundation CRI Doctors Without Borders BIO NIO Leukemia Society Cancer Research Institute Multiple Myeloma Research Foundation Prevent Cancer Foundation St Jude Children’s Research Sloan Kettering Cure. Search Breast Cancer Fund Prevent Cancer Foundation National Breast Cancer Coalition Livestrong www. careersbiotech. com Copyright © 2007 Career Opportunities in Biotechnology and Drug Development. All rights reserved. 20

Careers in Healthcare Practitioners Nursing Associated Careers and Therapists Technologists and Technicians Rehab Therapists Healthcare Administration Insurance Industry Physicians Licensed nurses Acupuncturists Audiologists Dentists Nurse anesthetists Dental hygienists Optometrists Nurse midwives Dietitians and nutritionists Podiatrists Nurse practitioners Genetic counselors Veterinarians Home health aides Pharmacists Admitting officers Accounting and finance Coordinators of health wellness Environmental health and safety Food service Health education Health information technologists Human resources Librarians Public relations Nursing home directors QA directors Geriatric care managers Medical records Medical billing, claims, patient accounting Medical secretaries Mental health workers Administration Registered nurses Anesthesiologists Blood bank techs Cardiovascular techs Radiology techs Clinical lab techs Cytotechnologists Cardiovascular Nuclear medicine Dental assistants Dental lab techs Diagnostic medical sonographers Diagnostic imaging Dietetic techs Electroencephalograph Emergency techs Paramedics Food techs Histology techs Ophthalmic techs Optometric techs Perfusionists Phlebotomists Pulmonary techs Radiation therapy techs Surgical techs Veterinary assistants Art therapists Chiropractors Surgeon assistants Psychologists Nurse’s aides Occupational therapists Opticians Orthotists and prosthetists Physical therapists Recreational therapists Respiratory therapists Pediatric occupational therapists Biomedical engineers Biomedical equipment techs Biomedical photographers Biomedical writers Child life specialists Dietary managers Geriatric social workers www. careersbiotech. com Certified athletic trainers Dance movement Home health aides Music therapists Occupational therapists Patient reps Physical therapists Psychiatric aides Recreational therapists Rehab counselors Respiratory therapists Social services aides Speech language pathologists Substance abuse counselors Copyright © 2007 Career Opportunities in Biotechnology and Drug Development. All rights reserved. Actuaries Agents and brokers Claims adjusters Loss control specialists Medical insurance billing and coding reps Medical claims reviewers Public relations Service reps Sales and marketing Underwriters 21

Ideal Job—How do you find it? Skills Interests Ideal Job Values/Goals $$$/Market www. careersbiotech. com Copyright © 2007 Career Opportunities in Biotechnology and Drug Development. All rights reserved. 22

Making a Career Transition Self assessment—find the career that you love Informational interviews Resume development Network and apply for jobs Interview and find job! Network

Skills: If you enjoy writing Venture Capital & Banking Law Discovery Preclinical Recruiting Research Bio/Pharmaceutical Product Development Management Consulting Project Management Bio IT Services Quality R&D Clinical Development Operations Commercial Operations & Manufacturing Regulatory Affairs Business Development Medical Affairs Marketing Corporate Communications Product Support Sales www. careersbiotech. com Copyright © 2007 Career Opportunities in Biotechnology and Drug Development. All rights reserved. 24

Interests: Passion for Teaching Venture Capital & Banking Discovery Preclinical Recruiting Research Law Bio/Pharmaceutical Product Development Management Consulting Project Management Bio IT Services Quality R&D Clinical Development Operations Commercial Operations & Manufacturing Regulatory Affairs Business Development Medical Affairs Marketing Corporate Communications Sales Product Support www. careersbiotech. com Copyright © 2007 Career Opportunities in Biotechnology and Drug Development. All rights reserved. 25

Values: Work-Life Balanced Careers What to Avoid • • • Travel, unanticipated travel worst culprit Stress Impossible deadlines/mandatory overtime Startups CEOs and CFOs, executive positions (fundraising and IPOs/road shows) www. careersbiotech. com Copyright © 2007 Career Opportunities in Biotechnology and Drug Development. All rights reserved. 26

Jobs with impossible deadlines and mandatory overtime • • Law Management consulting Regulatory affairs (only during filings) Tax accountants www. careersbiotech. com Copyright © 2007 Career Opportunities in Biotechnology and Drug Development. All rights reserved. 27

Stressful Jobs Venture Capital & Banking Law Discovery Recruiting Research Preclinical Research Bio/Pharmaceutical Product Development Management Consulting Project Management Bio IT Services Quality R&D Clinical Development Operations Commercial Operations & Manufacturing Regulatory Affairs Business Development Medical Affairs Corporate Communications Marketing Product Support Sales www. careersbiotech. com Copyright © 2007 Career Opportunities in Biotechnology and Drug Development. All rights reserved. 28

Travel Intense Careers Recruiting Venture Capital & Banking Law Discovery Research Preclinical Research Bio/Pharmaceutical Product Development Management Consulting Project Management Bio-IT Services Quality R&D Clinical Development Operations Commercial Operations & Manufacturing Regulatory Affairs Business Development Medical Affairs Marketing Corporate Communications Sales Product Support www. careersbiotech. com Copyright © 2007 Career Opportunities in Biotechnology and Drug Development. All rights reserved. 29

Careers requiring less travel Recruiting Venture Capital & Banking Law Discovery Research Preclinical Research Bio/Pharmaceutical Product Development Management Consulting Project Management Bio-IT Services Quality R&D Clinical Development Operations Commercial Operations & Manufacturing Regulatory Affairs Business Development Medical Affairs Marketing Corporate Communications Sales Product Support www. careersbiotech. com Copyright © 2007 Career Opportunities in Biotechnology and Drug Development. All rights reserved. 30

Careers where you can work from home office or telecommute • • • Sales reps Field application scientists Trainers Medical science liaisons Patent agents Some recruiting companies Service engineers Bio-journalism—writing jobs Consultants Bio-IT www. careersbiotech. com Copyright © 2007 Career Opportunities in Biotechnology and Drug Development. All rights reserved. 31

Summary: Highest Ranking W/L Balanced Jobs • • • Technical support Drug safety (except during drug recalls!) Market research Bio-IT and data management Document management Quality careers Medical writing Human resources Teaching/education www. careersbiotech. com Copyright © 2007 Career Opportunities in Biotechnology and Drug Development. All rights reserved. 32

Corporate Cultures Image: Wikipedia Commons

Why Work in Industry? ? ? • Most common answer to why people enjoyed their jobs? www. careersbiotech. com Copyright © 2007 Career Opportunities in Biotechnology and Drug Development. All rights reserved. 34

Why Work in Industry? ? ? • Overwhelming feeling of higher aspirations for developing drugs that promise to benefit mankind • Developing cures for the most debilitating diseases, saving lives www. careersbiotech. com Copyright © 2007 Career Opportunities in Biotechnology and Drug Development. All rights reserved. 35

Themes to Excel in Industry Personality attributes to be successful, regardless of the career? www. careersbiotech. com Copyright © 2007 Career Opportunities in Biotechnology and Drug Development. All rights reserved. 36

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” Customer’s point of view Creative problem solving skills www. careersbiotech. com Copyright © 2007 Career Opportunities in Biotechnology and Drug Development. All rights reserved. 37

Career Paths in the Life Sciences Photo: Wikipedia Commons www. careersbiotech. com Copyright © 2007 Career Opportunities in Biotechnology and Drug Development. All rights reserved. 38

Career Ladder in Discovery Research for Research Associates SRA SRA Research Associate Student www. careersbiotech. com Copyright © 2007 Career Opportunities in Biotechnology and Drug Development. All rights reserved. 39

Career Ladder in Discovery Research: Ph. D. s are not technicians CEO VP R&D VP Research or CSO Fellow or Principal Scientist Track Director Group Leader Scientist I - III Postdoc www. careersbiotech. com Copyright © 2007 Career Opportunities in Biotechnology and Drug Development. All rights reserved. 40

Career Potential in Discovery Research CEO Consultant Venture Capital Patent Law VP R&D or CSO Project Management Preclinical Research Regulatory or Clinical Affairs Quality Discovery Research Academia Other Areas: Operations, Business Development, Marketing, Sales, Tech Support, Product Development www. careersbiotech. com Copyright © 2007 Career Opportunities in Biotechnology and Drug Development. All rights reserved. 41

Going from Academia to Industry Image: Wikipedia Commons

What you can do now to make yourself more marketable • • Human disease rather than basic research Hot therapeutic areas of interest to industry “Unmet medical needs” Same techniques, drug screens, applied science • Patent your work • Gain business understanding • Gain understanding of clinical development www. careersbiotech. com Copyright © 2007 Career Opportunities in Biotechnology and Drug Development. All rights reserved. 43

What you can do now -- continued • • Collaborate with industry cohorts Follow biotech news Publish, publish (but don’t perish) Presentations and attend conferences and become a perceived expert (get visibility) • Consider FAS, MSL, Tech Support, Trainer • Attend industry events, network and start early www. careersbiotech. com Copyright © 2007 Career Opportunities in Biotechnology and Drug Development. All rights reserved. 44

What you can do now • • • President, leadership in org on campus New faculty search team Volunteer for non profit Attend career seminars, run one Join National Postdoc Association, www. nationalpostdoc. org www. careersbiotech. com Copyright © 2007 Career Opportunities in Biotechnology and Drug Development. All rights reserved. 45

Land a job on the business side • Work at the OTT BD • Visit MBA program—management consulting firms, career help • Take business classes • Startup incubator on campus, i. e. QB 3 • Entrepreneur classes • Entrepreneur chapter • Talk to profs who consult or founders www. careersbiotech. com Copyright © 2007 Career Opportunities in Biotechnology and Drug Development. All rights reserved. 46

What you can do now to land a job on the business side--continued • Follow the biotech stock • Invest in public companies—demonstrate financial acumen • Show leadership—start something, run a program, be a President • Pubs not needed in business • Read WSJ, follow biotech business news www. careersbiotech. com Copyright © 2007 Career Opportunities in Biotechnology and Drug Development. All rights reserved. 47

Making the Leap to Industry • Industry postdoc • MBT programs, KGI, JHU, SJSU • Keck Institute’s Postdoc Professional Master’s Program (PPM) • Certificates, classes @ UC Berkeley X and UCSC X • Additional degrees: MBA, JD, MD/Ph. D. www. careersbiotech. com Copyright © 2007 Career Opportunities in Biotechnology and Drug Development. All rights reserved. 48

How do you get a Job without industry experience? ? ? • • Incubator Industry postdoc Informational interviews—and lots of them Classes or certificates, i. e. PM or RAC Power user—show specific interest Volunteer/intern Network—take a risk www. careersbiotech. com Copyright © 2007 Career Opportunities in Biotechnology and Drug Development. All rights reserved. 49

The Current Economy

The current economy: “The Times, They are a Changin’” • • 2008 was a bad year 2009 and 2010 were *terrible* years Things are starting to pick up Social media was hot, is cooling www. careersbiotech. com Copyright © 2007 Career Opportunities in Biotechnology and Drug Development. All rights reserved. 51

IPO Performances Source: Factset, BIO

Fall-Out of 2010…Venture Capital and Capital Markets • ROI for LS VCs was -1. 5% in 2010 • Less VCs, less money, smaller investments • Difficult for startups to raise money • Public markets were less interested in LS Trends: • VCs have been investing in later stage deals • Corporate venture, academia-industry partnerships www. careersbiotech. com Copyright © 2007 Career Opportunities in Biotechnology and Drug Development. All rights reserved. 53

M&As are bad for industry (and human health) • 30 mergers over last 60 years didn’t boost productivity • More companies = more successful drugs • New areas of pharmacology most successful • 25% fewer public biotechs in 2010 than 3 years ago Bernard Munos/Forbes 2011 www. careersbiotech. com Copyright © 2007 Career Opportunities in Biotechnology and Drug Development. All rights reserved. 54

The FDA • • Overburdened with added responsibilities Increasingly focused on safety Average review times increasing Regulatory environment raises “serious barriers to innovation” • 2012 an exceptionally good year— 39 drug approvals CHI Report, 2011 www. careersbiotech. com Copyright © 2007 Career Opportunities in Biotechnology and Drug Development. All rights reserved. 55

Consequences of the FDA… • Difficult to raise money—regulatory risks and uncertainty • Dramatic shift in clinical trials US to Europe • Rise in number of drugs approved in EU first • EU Docs learn new tech first • Operations, experts move overseas CHI Report, 2011 www. careersbiotech. com Copyright © 2007 Career Opportunities in Biotechnology and Drug Development. All rights reserved. 56

The Scenario at Big Pharma… • Dismal internal R&D returns • Cost per successful drug has risen (cost of R&D has gone up, shorter periods of economic returns due to generics and patent life span, declining productivity) • Regulatory hurdles higher www. careersbiotech. com Copyright © 2007 Career Opportunities in Biotechnology and Drug Development. All rights reserved. 57

Big pharma solution: outsource R&D to biotech • “Externalize” small mol discovery research, pre-Phase III compounds, particularly for riskier therapeutic areas (NR, COPD, Cardio) • Reduction in R&D research and reallocating resources to in-license deals with biotechs • Move from R&D to “Search & Development” orgs • Reduces investment risk • Biotechs expected to become pharma’s main R&D engine www. careersbiotech. com Copyright © 2007 Career Opportunities in Biotechnology and Drug Development. All rights reserved. 58

Reason for biopharma to outsource: develop presence overseas • Pursue a market presence • China expected second largest market in 2020 • Growing markets Australia, S. Korea, India, Vietnam, Japan, Russia • Cost of dev is 1/5 to 1/3 rd, labor costs are rapidly rising www. careersbiotech. com Copyright © 2007 Career Opportunities in Biotechnology and Drug Development. All rights reserved. 59

Outsourcing and impact on jobs • • Chemistry and manufacturing overseas Small molecule, devices, large mol safer Clinical trials, preclinical, research and IT Virtual companies= growth in services and consultants • Still need quality and PM • Global need www. careersbiotech. com Copyright © 2007 Career Opportunities in Biotechnology and Drug Development. All rights reserved. 60

Not so bad off… • Biotech, biofuels, medical devices better than other industries • Big biotech is doing well • Big pharma is cash rich, patents expiring, need to fill pipelines • A great time to start a company • Ex-Genentechers founding companies www. careersbiotech. com Copyright © 2007 Career Opportunities in Biotechnology and Drug Development. All rights reserved. 61

VCs are Funding Biotech and Medical Device Companies Source: Pricewaterhouse. Coopers, Money Tree Report, www. pwcmoneytree. com

California is HOT Source: Pricewaterhouse. Coopers, Money Tree Report, www. pwcmoneytree. com

History of VC Funding in Biotech Source: Pricewaterhouse. Coopers, Money Tree Report, www. pwcmoneytree. com

Where are the jobs? • Academia • Successful biopharmas • Service companies, i. e. CROs and CMOs • Biofuels (bioreactors, fermentation, microbiology, plant genetics (agbio)) • Small venture-backed companies www. careersbiotech. com Copyright © 2007 Career Opportunities in Biotechnology and Drug Development. All rights reserved. 65

Hot growth potential sectors: new and emerging areas • Healthcare, surgery centers • Generics and biosimilars • Biofuels and green/clean tech, grey water, energy • Personalized medicine/companion Dx • Combination therapies • HC IT, telemedicine, mobile HC apps, “doc-inthe-box” www. careersbiotech. com Copyright © 2007 Career Opportunities in Biotechnology and Drug Development. All rights reserved. 66

Skills in High Demand • • • Regulatory affairs Sales CLIA-certification Bioreactors QA and QC Rare skills, i. e. ephiz www. careersbiotech. com Copyright © 2007 Career Opportunities in Biotechnology and Drug Development. All rights reserved. 67

Trend to transition to electronic data capture in just about every job function • Healthcare informatics (i. e. electronic health records) • Laboratory automation • Bioinformatics (personalized medicine) • Data management, bio-IT • Regulatory affairs, i. e. electronic filing • Discovery research, i. e. e. Notebooks • Intersection of life and computer sciences training www. careersbiotech. com Copyright © 2007 Career Opportunities in Biotechnology and Drug Development. All rights reserved. 68

The Future of the Life Sciences Remains Promising • Significant unmet medical needs remain— neurological disorders, cancer, infectious diseases, diabetes, obesity, cardiovascular diseases • People are living longer, aging population all over the world • Tremendous market opportunity in China, India and other emerging countries • Energy www. careersbiotech. com Copyright © 2007 Career Opportunities in Biotechnology and Drug Development. All rights reserved. 69

Recommendations for job search-*flexibility* • • • Non-glamorous jobs Temp-to-hire/contract ops First job will probably not be your last Safety in biotech hubs: SF, SD, Boston Good time to start a company Start networking early www. careersbiotech. com Copyright © 2007 Career Opportunities in Biotechnology and Drug Development. All rights reserved. 70

Conclusions • There are many different careers to consider in different areas • Find a career that fits your unique talents, aspirations, interests, values • Do what you love www. careersbiotech. com Copyright © 2007 Career Opportunities in Biotechnology and Drug Development. All rights reserved. 71

Find your niche

Article in the Atlantic about Ph. D. s Source: The Atlantic Monthly Group. www. theatlantic. com

Academia Career Books • At the Bench and At the Helm, Kathy Barker, CSHLP • Advice for New Faculty Members, Robert Boice • Making the Right Moves: A Practical Guide to Scientific Management for Postdocs and New Faculty, Burroughs Wellcome Fund, HHMI, www. hhmi. org/labmanagement • Lab Dynamics: Management Skills for Scientists, Carl and Suzanne Cohen, CSHLP • Managing Scientists, Alice Sapienza www. careersbiotech. com Copyright © 2007 Career Opportunities in Biotechnology and Drug Development. All rights reserved. 74

Industry Books • Science Lessons, Gordon Binder, Former CEO of Amgen • Emperor of All Maladies, Siddhartha Mukherjee • Good to Great, Jim Collins • Put Your Science to Work, Peter Fiske • Career Opportunities in Clinical Drug Research, Rebecca Anderson • Nontraditional Careers for Chemists, Lisa Balbes • Alternative Careers in Science, Cynthia Robbins. Roth www. careersbiotech. com Copyright © 2007 Career Opportunities in Biotechnology and Drug Development. All rights reserved. 75

Career Resources • Linked. In group ‘Careers Outside of Academia’ • Ryan Raver’s www. thegraduatestudentway. com • Ryan Raver’s, Ultimate Ph. D Networking Guide: How to Create Opportunities Out of Thin Air • Nature and Science career columns www. careersbiotech. com Copyright © 2007 Career Opportunities in Biotechnology and Drug Development. All rights reserved. 76

Book Information • Careers in Biotechnology and Drug Development • Published by Cold Spring Harbor Laboratory Press • Books available on Amazon www. cshlpress. org • Available in German • www. careersbiotech. com Copyright © 2007 Career Opportunities in Biotechnology and Drug Development. All rights reserved. 77

Additional Information • Free sample chapter on Careers in Project Management, www. careersbiotech. com • List of job posting sites under career resources at www. careersbiotech. com Copyright © 2007 Career Opportunities in Biotechnology and Drug Development. All rights reserved. 78

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 www. careersbiotech. com Copyright © 2007 Career Opportunities in Biotechnology and Drug Development. All rights reserved. 79

Contact Information Toby Freedman, Ph. D. President, Synapsis Search Recruiting in the life sciences: Biotechnology, Biofuels, Services, Non. Profits www. synapsissearch. com toby@synapsissearch. com www. careersbiotech. com Copyright © 2007 Career Opportunities in Biotechnology and Drug Development. All rights reserved. 80

Thank you! Start companies, be successful, and may you find a cure for cancer! www. careersbiotech. com Copyright © 2007 Career Opportunities in Biotechnology and Drug Development. All rights reserved. 81