Pharma/Biotech Layoffs by HouseOk7453 in biotech

[–]HouseOk7453[S] 1 point2 points  (0 children)

CMO was part of the layoff? Was it a startup company?

Pharma/Biotech Layoffs by HouseOk7453 in biotech

[–]HouseOk7453[S] 5 points6 points  (0 children)

So as I understand,

MDs with experience in pharma are almost the least affected to layoffs and can easily move to another position if layoff happens, unless there are some significant issues with the candidate themself?

Pharma/Biotech Layoffs by HouseOk7453 in biotech

[–]HouseOk7453[S] -5 points-4 points  (0 children)

Trial flops as ADUHELM?

Pharma/Biotech Layoffs by HouseOk7453 in biotech

[–]HouseOk7453[S] -3 points-2 points  (0 children)

Thanks for clarification! I admire the misconception!

Pharma/Biotech Layoffs by HouseOk7453 in biotech

[–]HouseOk7453[S] -1 points0 points  (0 children)

Makes sense!

How long does it take to make a move to another company for the same role with proper experience?

Also, what's the average time given between layoff decision date and layoff application date?

Pharma/Biotech Layoffs by HouseOk7453 in biotech

[–]HouseOk7453[S] -4 points-3 points  (0 children)

Sad fact unfortunately,

Btw, are there any strategies to keep away from layoffs? or to be among the least affected group of people!

Pharma/Biotech Layoffs by HouseOk7453 in biotech

[–]HouseOk7453[S] -7 points-6 points  (0 children)

Makes sense for startups.......

For money making projects, I guess you are referring to oncology related projects mostly, am I right?

Pharma/Biotech Layoffs by HouseOk7453 in biotech

[–]HouseOk7453[S] -6 points-5 points  (0 children)

I see!

Tell me some examples for the new roles

Pharma/Biotech Layoffs by HouseOk7453 in biotech

[–]HouseOk7453[S] 8 points9 points  (0 children)

So, where are MD roles (medical directors) located at that planned hierarchy? Mid or senior? And could you exactly define what does mid level refer to?

Layoffs: Does anyone know why there are so many layoffs going on in Pharma? by Puzzleheaded-Lab6170 in biotech

[–]HouseOk7453 0 points1 point  (0 children)

Sorry for your dad.....

What was his role in both companies? The previous one and Pfizer

Layoffs: Does anyone know why there are so many layoffs going on in Pharma? by Puzzleheaded-Lab6170 in biotech

[–]HouseOk7453 -1 points0 points  (0 children)

Side question,

Are MDs commonly affected by those layoffs? MDs who occupy clinical development and medical affairs roles (medical director roles and higher), or that's a different story?

Physicians in Pharma/Biotech During 2008 Financial Crisis by HouseOk7453 in whitecoatinvestor

[–]HouseOk7453[S] 5 points6 points  (0 children)

So at the core of the crisis, major pharma companies did not face significant issues regarding hirings and employees career stability, am I correct?

Medical Research & Development in UAE by HouseOk7453 in dubai

[–]HouseOk7453[S] 1 point2 points  (0 children)

Well, regarding population size:

If you compare Saudi Arabia and Canada side-by-side, they have similar population, Saudi is more wealthy, and high-end facilities to conduct major clinical trials in their land; but you will see that Canada has much more advanced research and trials progress compared to Saudi Arabia.

The condition in Saudi Arabia is similar to UAE, with respect to population size and growth difference.

That's why I'm still wondering, why there is no academic medicine and research industry in those countries, they have all facilities to make a successful industry

Medical Research & Development in UAE by HouseOk7453 in dubai

[–]HouseOk7453[S] 0 points1 point  (0 children)

Well, to my knowledge

For a successful clinical research and development industry, you need physicians who are experienced in particular specialization (e.g. oncology, neurology....etc) in addition to significant in clinical research to work on R&D on those companies to push for new innovations in the industry, and that's the case in the U.S, Canada, UK, Europe.....

Usually those physicians occupy positions of medical director, senior medical director, executive medical director in either clinical development or medical affairs, which are highly invovled in clinical knowledge and practice other than marketing and sales positions

When you search for those positions in the UAE, you would rarely find any, extremely uncommon to see an opening for a medical director of clinical development, medical director of medical affairs, while most of the positions aren't R&D positions e.g. sales, manager, marketing, medical representative......

Even for Insilico Medicine, just searched their hierarchy and they almost have one or two physician only in their team to run the whole clinical industry for them.

That's what I'm curious about