Jump to: Page Content, Section Navigation, Section Search, Site Navigation, Site Search, Account Information, or Site Tools.
You are seeing this message because your web browser does not support basic web standards. Find out more about why this message is appearing and what you can do to make your experience on this site better.
|
|
Career Development : Articles
Drug Discovery Careers--Heavy Demands, Expanding Opportunities
Alan
Kotok The pharmaceutical industry has offered solid career opportunities for scientists for years. Recently, though, the drug discovery components of the business have begun to provide some of the industry's more intellectually challenging and financially rewarding jobs. This portion of the pharmaceutical process, in which drug candidates are identified and tested, now employs many of the latest findings in genomics and proteomics. It also brings to bear new ways of using information technology, combined with mathematical models based on biological rather than physical processes. Although the pharmaceutical industry, like the rest of the business world, has suffered a slowdown, the market research company Frost and Sullivan still expects spending on drug discovery to expand from US$19.6 billion in 2002 to US$25.6 billion by 2006, an annual growth rate of about 6%. Frost and Sullivan's survey showed that in 2002, the top 20 pharmaceutical companies spent about a third of their R&D budgets on preclinical development. As one might expect, a career in the drug discovery arena, with its high corporate financial stakes and life-and-death implications for patients, typically requires its practitioners to make extra investments in their own preparation and training. Sure, an advanced degree can get you started in the field, but unlike most science career paths, you will need a wider knowledge base than the usual specialized research focus of a Ph.D. Like those scientists we featured in Next Wave's February 2004 feature on careers at the interface of mathematics and biology, drug discoverers must cross the traditional scientific boundaries.
Many of our essayists and profilees in this feature have made successful transitions from academia to industry, and their stories are intended to provide you with guidance and perspective if you are considering similar transitions. In the first week of the feature and continuing throughout the month, Next Wave will explore drug discovery opportunities in industry by highlighting the experiences of researchers working for larger and more established companies, as well as the motivations of an individual who chose a drug discovery start-up. We also describe how pharmaceutical companies practice genomics and outline the experiences of two professionals in the pharmacogenomics field. Later in the month, we will take a look at the academic preparation drug discoverers need, whether they're seeking research leadership opportunities that require a Ph.D. or other professional positions for which a master's program will suffice. Current students will describe their experiences, and faculty will offer their insights on what it takes to succeed in this demanding field. And in one of the feature's more exotic essays, we'll profile a Brazilian program that derives its lead compounds from tropical snake venom. The feature does more than focus on the individuals who are, one way or another, engaged in drug discovery. To give you a sense of where the arena is headed, we'll also describe over the course of the month new industry initiatives that are intended to improve the drug discovery process. These initiatives involve more effective use of technology, tighter management processes, and finding a common language for the exchange of data among the different segments of companies. While helping make the entire industry more productive, these new programs add yet another element to the continuing education of drug discovery researchers. Sure, the drug discovery field is demanding, but there are also plenty of rewards for those willing to meet those demands. Sound interesting? Then read on.
Dipping a Toe in Commercial Waters
Giving up a Lectureship for Drug Discovery
Discovering Careers in a Young Biotech Company
Improving Data Collection for Patient Care and Clinical Trials
The Sweet Side of Venom
From Academia to Industry - Selling My Soul: or Expanding Scientific Frontiers?
Making the Leap: When, How, and Why a Career in Drug Discovery May Be Right for You
Evolution of the Pharmaceutical-Biotech Ecosystem
Student Research Helps Discover Cancer Drugs
Raising the Startup: Growing Drug Discovery Careers on the Fast Track
Computers Aid Drug Design and Discovery
Academic Preparation for Modern Drug Discovery
New Master of Science Program Addresses Multidisciplinary Process of Drug Discovery
A Foot in the Door
A Career in Drug Discovery and Development
Pharmacogenomics--Personalized Drugs, Personalized Careers
Pharmacogenomics Industry Profiles
Drug Discovery--Create Your Own Company
Escape to Industry, Part 2
Drug Discovery Career Resources
|
Business Office Features
Career Tools and ResourcesCurrent EmployersScience Careers ForumGraduate ProgramsHow-To Guides
Salary Tools |