biotechnology 1

The Pharmaceutical and Biotechnology Industries

Sue, Elissa, Diana, Ellen, Bret, and Adrienne

Presented by

The Clubs:

Overview of the Pharmaceutical / Biotechnology Industry

Pharmaceutical companies produce and market drugs, livestock feed supplements, vitamins, and a host of other products.

Consistently one of the most profitable industries in the U.S. with sales exceeding $300 billion per year.

The Biotechnology industry uses advances in genetics research to develop products for human diseases and conditions and includes companies engaged in drug discovery and production, research, and biologically engineered food production.

Biotech opportunities largely mirror those in the pharmaceutical industry even though this industry is still in its’ infancy developmentally. Focus is on R & D now – marketing and sales will come later.

Trends…..

Biotech companies have formed partnerships with big pharmaceutical companies to better utilize joint resources for research, marketing and sales distribution networks.

Going toward large scale consolidation of companies from many to a few very large. This trend can negatively impact employment opportunities for many.

Potential problems ahead due to expiring patents on certain drugs, economic downturn, criticism for profit margin at the expense of the consumer.

Hope lies ahead in bioethics and stem cell research.

Love In Pharmaceutical / Biotechnology Industry

Industry creates products that ease suffering, save lives, make many foods cheaper and more accessible,and improve the environment.

Brainy Industry! Intellectually satisfying career.

High earning potential. Cutting edge technology in R & D

Departments.

Hate In Pharmaceutical/ Biotechnology Industry

High risk of company layoff due to consolidation and mergers as the bottom line investment is not in saving lives but in the profit margin.

High level of education needed, PhD level, in order to meet with any level of continued success.

Few R & D ideas develop into actual products.Extensive reading,communicating, and teamwork needed in order to meet any level of success.

All the news isn’t rosy in the land of “biotech” and “pharma.” Weak new-product pipelines, in addition to the general economic downturn, have depressed stock prices.

Major Players

Biotechnology & Pharmaceutical Industry•Handful of multinational giants that dominate the industry known as BIG PHARMA.

•Majority located in United States with some in Western Europe.

•Industry employs tens of thousands of people and sell drugs in every corner of the world.

•Because the cost of high costs of drug development, manufacturing, marketing, and sales, multinational giants are seeking partnerships with biotechnology companies

Biotechnology and Pharmaceutical IndustryJob Descriptions

Lab Tech – performs routine tasks to keep labs functioning.

Research Associate – conducts experiments under the guidance of scientists.

Research Scientist – designs and conducts experiments, (PhD +).

Biotechnology and Pharmaceutical IndustryJob Descriptions(continued)

Clinical Research Physician – M.D. that develops and implements clinical trials.

Quality Control Analyst – Entry level, (B.S. degree), insures company meets Federal requirements.

Other Careers - opportunities exist for engineers, IT specialists, lawyers, salespeople, and marketing specialists.

Top 5 Bio-Tech Employers on Long Island

CURATIVE HEALTH SERVICES INC.

50 Motor Pkwy., Hauppauge, 11788

www.curative.com

Revenue: $174.5 million

Profit: $16 million

CEO: Joseph Feshbach

Employees: 400; local, 90

TWINLAB CORP.

150 Motor Pkwy., Suite 210, Hauppauge, 11788

www.twinlab.com


Loss: $39.9 million

CEO: Ross Blechman



E-Z-EM INC.

1111 Marcus Ave., Lake Success, 11042

www.ezem.com


Profit: $1.2 million

CEO: Anthony Lombardo


ENZO BIOCHEM INC.

60 Executive Blvd., Farmingdale, 11735

www.enzo.com



CEO: Elazar Rabbani



HI-TECH PHARMACAL CO.

369 Bayview Ave., Amityville, 11701

www.hitechpharm.com



CEO: David S. Seltzer


Bio-Tech Career Overview

Bio-Tech is a 300 Billion Dollar Industry Successful business are largely dependent of FDA

approval Bio-Tech is a fast growing industry with a potential for

long term – stable employment Benefits include generous annual stock-option grants

for managers Average annual salary is approx. 52K

Career Overview

Bio-Tech careers are primarily focused on Research & Development, but may incorporate other business facets such as:

Marketing Engineering Computer Programming Health Care Professionals

Career Overview

There is also a growing need in specialized projects: for nutritionists, environmentalists, and law-enforcement specialists:

Nutritionists, Environmentalists, Law-enforcement specialists,

Job Requirements in Biotech and Pharmaceuticals

Educational requirements rangewith position from the entry levelrequirements of a lab tech to thoserequiring a BS, MBA or other MS,PhD, post doctoral or MD.

J ob titles include:• Lab tech• Research Associate• Research Scientist• Sales Rep• Marketing Analyst/ Associate Product Manager• Product Manager• Programmer/Analyst• Regulatory Affairs Specialist• Patent Attorney• Clinical Research Physician

Advice for getting hired:• Do your homework and knowwho you are talking to• Be flexible• Be ready to demonstrate that youcan apply what you have learned inschool!

M a

Biotech/Pharmaceuticals-The Job Outlook

Biotechnology and drug manufacturing rank among the fastest growing industries in the U.S. and will continue to increase faster than the average through 2010.

People with all sorts of backgrounds find jobs here--not just scientists, but also engineers, business people, computer programmers and health-care professionals.

There is a growing need in specialized projects for nutritionists, environmentalists, and law enforcement specialists, among others.

Big Pharma companies are good places to work if you like stability--many people will spend whole careers at a single company, enjoying the traditional accoutrements of corporate life.

Career Tracks-Details

Jobs & Salaries

Lab Technicians

Lab techs perform the routine maintenance tasks that are needed to keep labs functioning Salary range: $20,000 to $35,000 Research Associate

Conduct experiments under the guidance of scientists with PhDs

Salary range: $30,000 to $60,000

Research Scientist

Designing and conducting experiments and writing up results for publication

Salary range: $60,000 to $100,000

Jobs & Salaries…

Marketing Analyst/Associate Product Manager Responsible for coordinating and implementing campaigns for specific drugs and/or audiences Salary range: $35,000 to $75,000.

Sales RepresentativeFocus on working with physicians, hospitals, HMOs, and countless other medical institutions to keep health-care professionals abreast of—and, if possible, partial toward—your company's line of products. Salary range: $30,000 to $70,000

Jobs and Salaries…Product Manager

Requires managing a team of people and working to determine price, distribution, brand image, forecasting, and overall strategy for one or more drugs

Salary range: $60,000 to $100,000 Programmer/Analyst

Programmers create and maintain complex databases, particularly for clinical trials, which can involve thousands of patients

Salary range: $40,000 to $90,000

Jobs & Salaries…

Regulatory Affairs Specialist Communicate with government agencies, complete

forms, and fulfill requests to ensure a company’s compliance with governmental regulations Salary range: $35,000 to $90,000

Patent Attorney Help obtain patents for newly developed products

or work with regulatory affairs development and manufacturing processes specialists to ensure that a company's are in accordance with the extraordinarily detailed regulations imposed by the FDASalary range: $90,000 to $130,000 or more

Jobs & Salaries…

Clinical Research Physician (CRP)Develop and implement plans for ushering

experimental drugs through clinical trials. You'll work on cross-functional teams to document the pharmacological, regulatory, and clinical parameters of the drugs you study.

Salary range: $90,000 to $200,000

The Lowdown on the Industry …..

Pharmaceuticals The USA leads the world in pill popping with largest

market share and 5 of the 10 largest conglomerates. Europe is # 2 in the world for consumption Japan is #3 in the world for consumption Focus is on products for chronic diseases such as

ulcers and high cholesterol rather than acute diseases such as cancer and cardiovascular conditions.

AAPS Pharmaceutica Academy of Managed Care Pharmacy American Pharmaceutical Association American Society of Health-System Pharmacists Drug Information Association Generic Pharmaceutical Association International Pharmaceutical Federation Pharmaceutical Producers Association Pharmaceutical Research and Manufacturers of America World Health Organization

The Lowdown on the Industry …..Associations and Organizations

The Lowdown on the Industry …..Biotechnology

Categories

Medical Counter Bioterrorism (vaccines, antidotes, biosensors and

other technology) Protemics-the study of proteins. Studying the genes that

encode the proteins and amino acids is the key to curing some diseases since some of them are linked to diseases.

AgriculturalGenetically modified foods for humans and animals.

The Lowdown on the Industry …..

An offshoot of the Biotech industry is the Bioinformatics market. It includes the equipment used to produce raw data and the software used to analyze the data.

The Bioinformatics market is expected to pass $2 Billion by 2007. The buyers are Pharmaceutical companies.

The Lowdown on the Industry …..Associations and Organizations

Bioinformatics.orgBiotechnology Industry OrganizationGenetic Engineering OrganizationOffice of Biotechnology Activities

biotechnology 1

Education

brainy industry

biotechnology companies

biotech employers

fast growing industry

big pharmaceutical companies

research development

biotech companies

genetics research