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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 Industry
Job 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 Industry
Job 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
Revenue: $138.9 million
Loss: $39.9 million
CEO: Ross Blechman
Employees: 620; local, 110
Top 5 Bio-Tech
Employers on Long Island
 E-Z-EM INC.
1111 Marcus Ave., Lake
Success, 11042
www.ezem.com
Revenue: $129.5 million
Profit: $1.2 million
CEO: Anthony Lombardo
Employees: 868; local, 243
 ENZO BIOCHEM INC.
60 Executive Blvd.,
Farmingdale, 11735
www.enzo.com
Revenue: $59.3 million
Profit: $9.4 million
CEO: Elazar Rabbani
Employees: 230; local, 220
Top 5 Bio-Tech
Employers on Long Island
 HI-TECH PHARMACAL CO.
369 Bayview Ave., Amityville,
11701
www.hitechpharm.com
Revenue: $46.1 million
Profit: $5.6 million
CEO: David S. Seltzer
Employees: 200; local, 190
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
Educ ational  re qu ir emen ts range
with position from the entry level
requirements of a lab tech to those
requiring a BS, MBA or other MS,
PhD, post doctoral or MD.
Job 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 g ettin g hire d:
• Do your homework and know
who you are talking to
• Be flexible
• Be ready to demonstrate that you
can apply what you have learned in
school!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 Representative
Focus 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
FDA
Salary 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.
 Agricultural
Genetically 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.org
Biotechnology Industry Organization
Genetic Engineering Organization
Office of Biotechnology Activities
Biotechnology 1

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Biotechnology 1

  • 1. The Pharmaceutical and Biotechnology Industries Sue, Elissa, Diana, Ellen, Bret, and Adrienne Presented by The Clubs:
  • 2. 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.
  • 3. 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.
  • 4. 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.
  • 5. 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.
  • 7. 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
  • 8. Biotechnology and Pharmaceutical Industry Job 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 +).
  • 9. Biotechnology and Pharmaceutical Industry Job 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.
  • 10. 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 Revenue: $138.9 million Loss: $39.9 million CEO: Ross Blechman Employees: 620; local, 110
  • 11. Top 5 Bio-Tech Employers on Long Island  E-Z-EM INC. 1111 Marcus Ave., Lake Success, 11042 www.ezem.com Revenue: $129.5 million Profit: $1.2 million CEO: Anthony Lombardo Employees: 868; local, 243  ENZO BIOCHEM INC. 60 Executive Blvd., Farmingdale, 11735 www.enzo.com Revenue: $59.3 million Profit: $9.4 million CEO: Elazar Rabbani Employees: 230; local, 220
  • 12. Top 5 Bio-Tech Employers on Long Island  HI-TECH PHARMACAL CO. 369 Bayview Ave., Amityville, 11701 www.hitechpharm.com Revenue: $46.1 million Profit: $5.6 million CEO: David S. Seltzer Employees: 200; local, 190
  • 13. 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
  • 14. 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
  • 15. Career Overview There is also a growing need in specialized projects: for nutritionists, environmentalists, and law-enforcement specialists:  Nutritionists,  Environmentalists,  Law-enforcement specialists,
  • 16. Job Requirements in Biotech and Pharmaceuticals Educ ational  re qu ir emen ts range with position from the entry level requirements of a lab tech to those requiring a BS, MBA or other MS, PhD, post doctoral or MD. Job 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 g ettin g hire d: • Do your homework and know who you are talking to • Be flexible • Be ready to demonstrate that you can apply what you have learned in school!M a
  • 17. 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.
  • 18. 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
  • 19. 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 Representative Focus 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
  • 20. 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
  • 21. 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 FDA Salary range: $90,000 to $130,000 or more
  • 22. 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
  • 23. 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.
  • 24.  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
  • 25. 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.  Agricultural Genetically modified foods for humans and animals.
  • 26. 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.
  • 27. The Lowdown on the Industry ….. Associations and Organizations Bioinformatics.org Biotechnology Industry Organization Genetic Engineering Organization Office of Biotechnology Activities