Career Choices: Perspectives from Different Settings Teresa Compton, Ph.D. Executive Director, Head, Virology Research Novartis Institutes for Biomedical Research

Brief Biographical History Ph.D. University of Tennessee Postdoctoral research NYU Medical Center (Southern girl goes to the big city in a big lab!) 1 year in Bay Area Biotech – hated it – about face to academics “Senior Postdoc” The Scripps Research Institute. Stayed three years and started independent research program. Faculty member at University of Wisconsin (12 years). Grants, students, postdocs, teaching, tenure, committees, service. Promoted to Full Professor in 2003. At that time I had, three NIH grants, a moderately large lab – academic dream life – but something was lacking…..wanted to move research into more translational direction. Recruited to develop and head a Virology research dept at Novartis Institutes for Biomedical Research 2 | Presentation Title | Presenter Name | Date | Subject | Business Use Only

Considering career options in two distinct research settings Academia Industry Now, how can I decide? 3 | Presentation Title | Presenter Name | Date | Subject | Business Use Only

Commonly held myths Academia Industry In academia, I will have total freedom to do whatever I want. My life will be filled with scholarship and hours to think and write. Industry In industry, I will work 9 to 5 and make buckets of money. I won’t have to worry about publications and grants. 4 | Presentation Title | Presenter Name | Date | Subject | Business Use Only

Reality Check Myth Reality People that can’t make it in academics go into industry There are very accomplished and smart people in academia and industry I will have lifetime job security once I make tenure Most universities now have post-tenure review. Accountability in both settings I will have complete freedom to choose what I would like to research in academia You must secure funding from external sources for research I will not have to publish in industry Publication is encouraged and highly valued in industry I like to mentor so I should go into academia Mentoring and talent development is key part of most jobs in industry Marketing guys in suits will tell me what to do in industry Unmet medical needs drive strategy decisions in industry I will not have to write grants in industry True but there are annual performance evaluations where one must account for productivity 5 | Presentation Title | Presenter Name | Date | Subject | Business Use Only

Differences and Things in Common Academia Industry Team focused Meetings Technicians Flexible research interests Very structured Envir. Boss is a boss Lab focused Teaching Students Single research focus Mod. Envir. Structure Boss is a dept. Chair. Productivity Passion for work Drive to achieve Postdocs Literature Colleagues 6 | Presentation Title | Presenter Name | Date | Subject | Business Use Only

Teresa’s keys to success and happiness Work hard and remember life’s important lessons Keep your eyes open – it’s a competitive world Treat people with kindness and respect Enjoy what you are doing 7 | Presentation Title | Presenter Name | Date | Subject | Business Use Only

Teresa’s keys to success and happiness Find work-life balance Pursue your passion! 8 | Presentation Title | Presenter Name | Date | Subject | Business Use Only