Advancing Your Career in The Biotechnology Industry: A Guide To What You Should Know
Advancing Your Career in The Biotechnology Industry: A Guide To What You Should Know
Advancing Your Career in The Biotechnology Industry: A Guide To What You Should Know
Advancing Your
Career in the
Biotechnology
Industry
The biotechnology industry is diverse, growing,
and filled with opportunity. Over the last few
decades, the industry has produced innovative
technologies that have transformed the lives
of millions around the globe. Today, continued
advances in areas like gene therapy, regenerative
medicine, and DNA sequencing promise to result
in more effective, individualized healthcare and
preventive medicine for years to come.
2
The growing biotech market means more career
opportunities are available, in organizations
ranging from large pharmaceutical operations to
entrepreneurial start-ups. With the rapid pace of
innovation, this also means aspiring professionals need
to have a strong background and up-to-date skill sets in
order to find success in the field.
3
What is Biotechnology?
4
Current Trends & Areas of
Study in Biotechnology
Molecular Biotechnology
Molecular biology is focused on studying the chemical
structures, function, organization, and processes of
molecules, the most basic unit of living things. The
molecular biology applications in biotechnology today
are revolutionizing the way we think of medicine, notably
impacting scientists’ abilities to identify and treat drug-
resistant diseases.
Process Development
Process development focuses on the production of drugs
and biopharmaceuticals, from cell culture process to the
purification of biologic molecules. Pulling from theories
5
in engineering and life science, the professionals in this
discipline focus on the scaling of drug compounds to
mass production while remaining compliant with strict
regulatory policies.
Pharmaceutical Technologies
This discipline focuses on the conversion of purified
proteins to biopharmaceutical drug products that are
compatible for clinical use. This concentration addresses
the design, development, and implementation of the drug
product manufacturing processes.
6
Regulatory Science
This concentration addresses the issues surrounding
current and innovative science practices that influence
regulatory decisions. A key area of development in
the field is biopharmaceutical product regulation and
the industry’s evolving compliance requirements both
domestically and abroad.
7
Biotechnology Market
Outlook
8
Biotechnology firms also continue to create and sustain
high-wage jobs, with the average annual wage for a U.S.
bioscience worker reaching $94,543 in 2014—nearly 85
percent more than the private sector average of $51,148.
9
Careers in Biotechnology
10
» Quality Assurance & Regulatory Affairs
» Government and Policymaking
» Business & Global Leadership
» Product Marketing
» Technology
» Sales and Support
» Strategy & Innovation
11
The majority of biotechnology work, though, is done in
Boston and San Francisco.
12
Common Job Titles
and Salaries
Biomedical Engineer
13
Biochemist
Medical Scientist
14
Process Development Scientist
Biomanufacturing Specialists
15
Biological/Clinical Technician
Microbiologist
16
Business Development Manager
17
Why Pursue a Master’s
in Biotechnology?
18
Stay Competitive with Your Peers
Master’s degree holders in the biotech industry have
doubled since 2010, so although the demand for skilled
workers with advanced degrees has increased, so has
the competition. A master’s degree from Northeastern
will arm you with experiential learning opportunities,
specialized training, and soft skill training to help get your
foot in the door.
19
With an MS from Northeastern, you’ll have already gained
hands-on experience allowing you to connect theory and
practice, leaving you poised to solve the most pressing
global challenges for your prospective employer’s
organization.
20
Who Should Pursue an
MS in Biotechnology?
21
You want to change direction within the field. Whether
you’d like to shift from manufacturing to product
management, or from clinical work into a business role,
an MS in Biotechnology can help you achieve your goals.
A degree program, Auclair says, will get you off the bench
and allow you to explore other roles available to you
in the industry. You’ll learn new skills that will help you
change careers and gain access to industry connections
that can open doors for you in the new sector you aspire
to work in.
22
troubleshoot and optimize processes proactively. Going
back to school can help you keep current with these
relevant skills, techniques, and advancements, allowing
you to anticipate trends and lead the charge instead of
following.
23
“Earning a master’s degree in biotechnology sets up
students to be leaders in the field. You’ll gain the
experience of executing high-end experiments, but the
coursework will also ready you to take on leadership roles
that influence scientific strategy and development.”
24
Skills for Success
25
Here are Auclair’s strategies for success in the industry:
26
the company culture at a biotech organization, he says.
Managing projects and personnel in a technology-based
organization can be difficult, as you’re often working with
groups of highly educated, and often very experienced,
people.
27
And, as you advance in your career and up the chain of
command, he says, work becomes less and less about lab
work, and more about developing and executing strategy.
In this way, business skills and interpersonal effectiveness
become critical.
28
Noting this shift toward well-rounded, networked
scientists, programs like Northeastern’s Master of Science
in Biotechnology have evolved to provide students
with the tools to meet both the scientific and business
demands employers are seeking. Northeastern’s program
combines advanced interdisciplinary training in biology,
chemistry, technology, engineering, and pharmaceutical
science with professional business skills critical to success
in today’s dynamic workplace. Incorporating real-world,
hands-on training into their coursework, students also
gain access to key industry leaders to set them up for
career success.
Northeastern’s MS in Biotechnology
program has a 95% employment rate
after graduation in industry or research
since 2015. 29
An Insider Perspective
30
Are You Ready to Advance
Your Career in the
Biotechnology Industry?
31