Social Networking May be Hazardous to Your Career

  An article written by Kate Lorenz from CareerBuilder.com about the social networking phenomenon got me thinking. How many of you have a profile on MySpace or FaceBook or other social networking sites? I bet many! After all, everyone knows that it is cool and hip to have a profile on MySpace or FaceBook. But, perhaps more importantly, social networking profiles are a great way to meet and make new friends. That said, it is also a facile way for anyone with an internet connection to gain insight into your personal life whether you want them to or not.

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Revisiting Medicinal Chemistry Jobs

Those of you who are old enough may remember a time when a good medicinal chemistry group was crucial to the success of any pharmaceutical company. For those of you who don’t know, the job of a medicinal chemist is to use traditional organic chemistry to create variants of promising lead compounds with the hope of identifying an NME with optimized therapeutic properties. Much of the art associated with medicinal chemistry was lost over the past decade because of the increased emphasis placed combinatorial chemistry. Not surprisingly, as the interest in combinatorial chemistry grew, there as a concomitant decrease in the number of medicinal chemistry jobs. Despite all of the hype and fanfare surrounding combinatorial chemistry, it has not delivered on its promise of creating “hundreds on new molecular entities each year”. Instead, combinatorial chemistry has just become another tool in the drug discovery and development armamentarium. Continue Reading...

Why Can't Merck Get it Right?

I think the old adage–“You can’t teach an old dog new tricks”– is an apt description of the corporate culture that currently exists at Merck. Merck used to be one of the most emulated and lauded pharmaceutical companies in the world. It had an outstanding reputation for “doing good science” and many of its products were first in class and highly regarded. Then came the Vioxx debacle. Many analysts and pundits thought that the Vioxx controversy signaled the beginning of the end for Merck. However, much to everyone’s surprise, Merck was able to quickly recover from its Vioxx missteps (despite thousands of impending lawsuits) and the company’s stock price is the highest that it has been in 5 years. Nevertheless, the Vioxx scandal now appears to have been supplanted by another controversy; this time, over Gardasil, Merck’s recently approved cervical cancer vaccine.

There is general consensus among physicians and public health officials that Gardasil is a timely and much-needed product. The worldwide morbidity and morality associated with cervical cancer has risen sharply in recent years and vaccination with Gardasil will likely help to reduce the global incidence of the disease. Early buzz surrounding Gardasil suggested that it was a “good product” prompting many analyst to proclaim that “ Merck had hit a home run” with the product. These early rave reviews somehow induced public health officials in several states, like Texas, to make vaccination with Gardasil mandatory for girls 11 years of age or older. When I first heard these reports, I thought to myself ….”Hmmm….. This is very curious …. Something is wrong with this picture. The product just received FDA approval and aside from the results of human clinical trials conducted by Merck (which are not available to the public) there is little clinical experience or adequate safety data available for the product. So, what induced the Texas state legislature to require that vaccination against cervical cancer be mandatory? The Texas decision became much clearer when I learned that Merck had invested substantial sums of money into lobbying various state legislators to make Gardasil vaccination mandatory. Shortly thereafter, the NY Times reported that Merck had decided to abandon its cervical cancer vaccination lobbying campaign. This was likely a result of the firestorm of criticism that Merck received after its lobbying campaign was made public.

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Professional Recruiter: A Career Option for a Ph.D.?

As many of you may know, I was, at one time in my career, a professional recruiter. I did not start my scientific career with the intension of becoming a headhunter –I sort of fell into it. While I was Chair of Biology at Middlesex County College I was asked by a recruiter to take a look at a Director-level job at a Boston-based biotechnology company. I went on a job interview but did not get an offer to join the company. However, I did strike up a “friendship” with the recruiter who brought the job opportunity to me.

During one of many phone calls she told me about the difficulties she was having finding qualified candidates for several job openings at her client companies. She described the positions to me over the phone and I told her that I thought I could help find her “right fit” candidates (recruiter lingo) for the jobs. It was a bit of hubris on my part, but unlike most scientists, I am a very outgoing, gregarious guy who likes to meet new and interesting people. That said, over the course of my career, I had assembled a rather large and eclectic network of scientific, academic and industrial contacts.

After a couple of well placed calls, I identified several highly-qualified candidates for two of her job opportunities. Surprisingly, two of candidates that I sent to her received job offers and subsequently accepted them! As result, I was $20 K richer and my career as a professional recruiter had begun.
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Britney Hub-Bub: Are You Kidding Me?

As you all know by now, Britney Spears shaved her head this past weekend. Yeah, WTF BFD, and who cares? Clearly, she has a drug problem and may be suffering from post-partum depression but so do millions of other people. The only newsworthy aspect of this spectacle is that people are actually bidding thousands (millions?) for her hair on E-bay (so the story goes). This is a very sad statement on our times. Foolish, wealthy individuals (with too much money on their hands) are willing to spend huge sums on the hair of a marginally-talented pop star while millions of people do not have adequate access to healthcare or life saving drugs. Maybe someone needs to tell these people that their money would be better spent on training future physicians and scientists rather than on the locks of an emotionally-troubled 24 year old pop star?

Until next time…..

Good Luck and Good Job Hunting!!!!!!!!!!!!!

The Blockbuster Drug-Pharmaceutical Employment Conundrum

Much has been written about the end of the “blockbuster” drug era in the pharmaceutical industry. For those of you who may not know what I am talking about, a blockbuster drug is one that yields a pharmaceutical company over $1.0 billion a year in sales. If you figure that the profit margin on a blockbuster product is typically around 1000 per cent, it is easy to see why pharmaceutical companies have relied on the blockbuster drug business model for the past few decades. Over the past several years, pharmaceutical company executives and Wall Street analysts have declared that the blockbuster drug model era may be drawing to a close. Unfortunately, it was this business model that enabled major pharmaceutical companies to make billions of dollars, grow larger and hire tens of thousands of new employees. Consequently, it should not come as a surprise, that the end of the blockbuster drug era will have a serious negative impact on the size of the global pharmaceutical workforce

Bristol Myers Squibb (BMS) is an excellent example of the effects that loss of a blockbuster drug may have on a major pharmaceutical company. Sales of its anticlotting drug Plavix® reached a whopping $3.2 billion in 2005 which accounted for approximately one-third of BMS’ total revenues that year. However, in 2004, the Canadian generics manufacturer Apotex, after developing a generic version of Plavix®, challenged the validity of the Plavix® patent estate (which was thought to run through 2011). In an effort to settle the patent dispute, BMS entered into an agreement with Apotex in 2005 which stipulated that Apotex would delay launch of its generic version of Apotex until 2011 in exchange for cash. Unfortunately, American authorities learned about the agreement and declared it illegal and invalid. Interestingly, according to the terms of the agreement, BMS agreed to not prevent Apotex from selling its generic version of Plavix for 30 days if the agreement was terminated for any reason. Termination of the agreement in late 2006 allowed Apotex to temporarily launch its generic version of Plavix®. Although Apotex’s drug was on the market for only a few weeks (before BMS got an injunction to stop Apotex from selling its product), U.S. sales of Plavix plunged to $2.7 billion in 2006. This represents a $500 million loss in sales as compared with 2005.
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Employee-Employer Relationships: Something is Rotten at Wyeth

I just received an e-mail message from a medical writing colleague who worked with me at Wyeth. We got to know one another because she is a Seinfeld fan and I used to play softball with Larry David, (a co-creator of Seinfeld and the star of Curb Your Enthusiasm), while I was a postdoctoral fellow at the College of Physicians and Surgeons at Columbia University. She loved to hear Larry stories. That said, she is a straight shooter who let folks know what she thought and how she felt. Unlike me, she is just starting her career as a medical writer and the job at Wyeth was her first.

After a short time at Wyeth, we both concluded that the Publication and External Communication Department lacked sound leadership and was extremely dysfunctional. However, unlike me, she attempted to keep her mouth (but was not always successful). About a month ago, she sent me a message that her mother was recently diagnosed with leukemia and that she had to cut back her hours at Wyeth to help to care for her. Also, she told me that her manager(s) were extremely understanding and supportive and that she “was to take as much time as she needed” to care for her mother who was undergoing chemotherapy treatments. I did not hear from her for several weeks until this morning. In her message to me she said that Wyeth had recently fired her because, according to her supervisor(s), “she was not doing her job”. I wasn’t terribly surprised by the news because I knew that Wyeth would fire her at some point -it was simply a matter of time!. Nevertheless, it was a terrible thing for Wyeth to do given her situation and the assurances that she was given about her continued employment at the company.

Based on Wyeth’s treatment of me (read "Revenge in the Workplace" on this blog) and my colleague, it is evident that something is horribly wrong with the corporate culture that exists at Wyeth. During my five months at the company, I quickly realized that Wyeth was rife with power-hungry and vindictive managers whose primary goal was to advance their careers with little concern for others. Unless Wyeth takes the appropriate steps to correct the way its employees are treated, it will continue to be a hostile and challenging place to work.

Until next time……

Good Luck and Good Job Hunting!!!!!!!!!!

Interviewing 101: Appropriate Interviewing Behavior

Congratulations! The resume that you spent many hours carefully crafting has resulted in a face-to-face interview at a Company that you are extremely interested in. After the adrenalin rush has worn off, you think “OMG, I have to put together a seminar, make travel arrangements and buy new clothes and shoes (well only if you are a woman)”. Although you may think that the hard part of your job search is over; think again….the fun is just beginning.

The fact that you been invited to a face-to-face interview means that you likely possess the knowledge and technical skills required to performed the job that was advertised. The true intent of a face-to-face interview is to determine whether a job candidate has the personality and so called “soft skills” to easily fit in with a company’s corporate culture. Corporate cultures and soft skill expectations vary widely from company to company. That said, it is important to remember that certain types of behavior are expected of ALL job candidates during a face-to-face interview. I discuss a few of these expected behaviors below.


First, regardless of the state of affairs in your personal or professional life, you must always be upbeat and positive. Every person you meet should be greeted with a smile and a comment that goes something like “It is a pleasure to meet you”. Nobody wants to talk with (or possibly work with) a chronically unhappy or negative person. True, there ought to be diversity in the workplace (unhappy people have rights too) but when it comes to a positive attitude it is a requirement in the corporate world. Second, always make eye contact with your interviewers. We are social creatures and not making eye contact may signal to the interviewer that you are either anti-social or lack basic interpersonal communication skills. Further, never interrupt an interviewer when they are asking you a question. Yes, everyone gets excited and wants to show the interviewer how smart they are, but cutting a person off in mid-sentence is not polite nor is it ever appreciated by the person who is talking. Always answer questions directly and honestly. Never exaggerate Continue Reading...

Rumor Has It.....

The LondonTimes reported today that the Bristol Myers Squibb-Sanofi Aventis merger may be off.  According to an unnamed source close to the negotiations, there is controversy over the $28 per share price that BMS is asking for its stock and there are serious concerns regarding the legal disputes surrounding BMS" top selling anticlotting drug, Plavix, which is co-marketed by the two companies.  Despite this setback, many analysts believe that BMS is still in play and that other bidders may emerge.

Althought this may be good news for BMS employees in the short term, they are not out of the woods yet. 

Stay tuned for more updates.......

 

 

Very Interesting

Stephanie Saul of the NY Times reported today in an article entitled “Doctors and Drug Makers: A Move to End Cozy Ties” that the pharmaceutical industry spends $12 billion a year on marketing to doctors and that much of that money is in the form of free drug samples and lunches that have been calculated to have been around $2.5 billion a year. I wonder how much of these marketing costs are factored into the $800 million to $1.0 billion price tag associated with bringing a new drug to market? Go figure…..

Until next time…..

Good Luck and Good Job Hunting!!!!!!!!!!!!!!

Jobs, Jobs and More Jobs!!!!!

As reported in today’s edition (Feb.10, 2007) of the New York Times, a significant number of American jobs were created in healthcare, education and management consulting. Since 2001, approximately 1.0 million new jobs were created in management consulting, 4.5 million jobs were added to the healthcare sector and a whopping 13.3 new education jobs were added. In contrast, over the past six years, American manufacturing lost 17.2 million jobs and publishing and broadcasting and telecommunications lost 1.3 million and 1.0 million jobs respectively.

This is good news for those of you who have forsaken laboratory research and are seeking employment in the consulting, healthcare and education fields. Go for it!!!!!!!

Until next time….

Good Luck and Good Job Hunting!!!!!!!!!!

Workplace Politics

Regardless of whether you work at a pharmaceutical company, in academia or at a government agency there are always workplace politics to deal with. Everyone always complains about how difficult and brutal it is to maneuver their way through or around all of the politics at work. That said, how do you know when workplace politics are REALLY out of control? Dave Jensen, a fellow biotechnology career guru, published an interesting piece in the January/February 2007 issue of Contract Pharma that describes when workplace politics have gone amuck.  I adapted some of the signs indicate that you are working in a politically-charged workplace.

  1. Communication is indirect, unclear, controlled and often manipulated
  2. Conflicts always occur behind “closed doors” and are never publicly acknowledged
  3. Decisions are made by small, powerful cliques or groups of people
  4. People’s actions and decisions are always judged as  'good' or 'bad'
  5. Information is disseminated by gossip not organizational channels
  6. Management is often isolated and does not tell employees "what really is going on"
  7. Rather than dealing with problems management seeks and finds scapegoats
  8. Relationships and alliances are founded and built in secrecy
  9. Resistance to organizational policies ranges from passive to overly aggressive or destructive
  10. Mundane events are frequently overblown whereas significant issues are minimized 
  11. When things go badly, people blame each other and do not assume responsibility for situations that have arisen
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More Job Cuts in New Jersey

Enzon pharmaceuticals, a protein PEGylation company located in Bridgewater, NJ, announced yesterday that it was closing its manufacturing facilities in Plainfield, NJ.  Operations at the Plainfiedl site will be moved to the Company's manufacturing site in Indianapolis, IN. This means that an additional 50 New Jersey-based workers will lose their jobs when the facility is shut down within the next few months.  Although this is small downsizing event, employment opportunities are not looking great for NJ scientists.

Until next time......

Good Luck and Good Job Hunting!!!!!!!!!!!!!!

The USPTO is Looking for a Few Good Men and Women

I was teaching a class on "Start Up and Innovation" last week to a bunch of student enrolled in the SUNY-Stonybrook Biotechnology Certificate Program.  The discussion invariably came back to patents and the patent process. For some reason,scientists are absolutely fascinated by the whole patent thing. For those of you who love science but hate doing labwork, I suggest that consider a job as a patent examiner at the United States Patent and Trademark Office (USPTO).  Sure, a patent examiner's job can be extremely tedious and boring at times but think of the power.  Imagine this....the future of a biotech company can actually rest on your decision to allow or disallow a patent application.  Think of the possible payback to folks who treated you poorly in graduate or high school for that matter.  Ah, the power is intoxicating.

Until next time....

Good Luck and Good Job Hunting!!!!!!!

Top 50 In- Demand U.S. Jobs

Doug Eisenstat over a JobBlog alerted me to the release of the Top 50- Most In Demand Jobs by the U.S. Department of Labor. The list is based on 10-year growth projections by the government's labor economists, so plenty of opportunity down the road in all of these.

Topping the list? 

  1. Registered Nurses
  2. Physicians and Surgeons
  3. Sales representatives-all fields

The good new is that these three job categories are relevant to the pharmaceutical and biotechnology industries.  As I mentioned in a previous post, career opportunties in biosales and biomarketing are plentiful.  Now, may be a good time to reconsider medical school or a career in clinical research.

Until next time.....

Good Luck and Good Job Hunting!!!!!!!!!!!!!!
 

Revenge in the Workplace

Jena McGregor recently published an article in BusinessWeek/Online entitled “Sweet Revenge: The Power of Retribution, Spite and Loathing in the World of Business” She discusses how powerful the need for revenge is amongst individuals who feel that they were slighted, passed over for promotion or simply overlooked by management. This article brought to mind my own recent experience with revenge in the workplace.

I was working as a contractor for a major pharmaceutical company located in Collegeville, PA. I was assigned to a brand team (within the Publication and External Communications Department) that consisted of me, the Director of the Department and a project manager named “Maria”. The Director was listed on all formal internal communications as the lead writer and Maria was responsible for day to day management of all communications for the brand. I was hired on a 6 month contract to support the writing needs of the brand team. Not surprisingly, the Director never wrote anything (except e-mails), Maria knew next to nothing about the product and I wound up doing all of the

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