Insights into the Biotech Industry: Companies, Key Players, and Career Pathways
Keith Ho's career journey from a scientist to a digital health expert at Biogen is highlighted. The overview covers the definition of biotech, the concentration of biotech companies in the US, and the global distribution of such companies. Additionally, key insights into the top biopharma companies are provided.
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Presentation Transcript
Biotech Career January 22, 2020 Keith Ho Director, Digital Health Biogen, Inc
Who is Keith Ho? A scientist who turned into a marketer who turned into corporate strategist who turned into medical analytics strategist who turned into a digital health guy 2000-2005 Associate Research Scientist (Proteomics and Automation) 2007-2008 Senior Consultant (Life Science Practice) 2008-2015 2015-Now Associate Director Medical Analytics and Real-World Evidence Associate Manager Market Research (Cardiovascular and Diabetes) Associate Director Corporate Strategy Director Customer Focus and Digital Health Undergrad @ Rowan University in Bachelor of Science in Biology 1994-1997 Research Technician @ Thomas Jefferson University and Master of Science in Pharmacology 1997-2000 Graduate School Master in Business Administration (MBA) 2005-2007
What is Biotech? Source: Bio
Where are the biotech companies? Key Insights: ~5,000 Biotech, Pharmaceuticals companies in the US Concentration of companies in the Boston, San Francisco, and San Diego areas Emerging innovation hubs in New York, Mid-Atlantic and North Carolina Regions ** Innovation needs talent and space, biotech industry is expanding everywhere** Source: https://www.biotech-careers.org/biotech-companies
Where are the biotech companies rest of the world? Key Insights: The US is home to most of the biotech companies Europe is the distant second in terms of number of biotech companies France, Germany and the United Kingdom leads in terms of number of companies Some growth of biotech industry in the Asia Pacific region Source: https://www.biotech-careers.org/biotech-companies
Top 20 companies (Biopharma Only) Source: http://www.pharmexec.com/pharm-execs-top-50-companies-2019
Different types of organizations/departments in a biotech company R&D (Research & Development) Human Resources Corporate Affairs Medical Affairs Finance Operations Commercial (Marketing) Business / Corporate Development Regulatory Affairs Manufacturing Clinical Development / Operations Corporate Strategy Legal / Compliance Communications Information Technology
Ways to get into the biotech / biopharma industry Key Considerations: There is really no right or wrong studies to get a job in biotech / biopharma industry Undergrad degrees in science and technology R&D, Commercial/Marketing, Manufacturing, Medical are the main focuses with the biggest (# of jobs) opportunity Seek out internship (summer) opportunities in a local biotech company Network with biotech professionals to obtain 1:1 coaching But Support functions (IT, finance, communications, etc) are also critical functions within the company Develop soft skills, such as public speaking, business etiquette, business writing skills Once you are in the company, there are opportunities to cross-trained and transition into other jobs
