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Obtaining and Negotiatiing a Position in Industry/Biotech Roy G. Smith Ph.D. Director, Huffington Center on Aging Professor, Department of Molecular and.

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Presentation on theme: "Obtaining and Negotiatiing a Position in Industry/Biotech Roy G. Smith Ph.D. Director, Huffington Center on Aging Professor, Department of Molecular and."— Presentation transcript:

1 Obtaining and Negotiatiing a Position in Industry/Biotech Roy G. Smith Ph.D. Director, Huffington Center on Aging Professor, Department of Molecular and Cellular Biology (N704, rsmith@bcm.edu)

2 Background Why pharmaceutical or biotech rather than academic career?

3 Requirements for Successful Career in Pharma/Biotech Passion to develop a new drug Anticipate a tougher work ethic than academia Interpersonal skills Communication skills Team building skills Attention to detail – greater rigor necessary than in academia Fearless approach to disproving your hypothesis Flexibility Strong desire to learn the process from drug discovery to FDA approval

4 Discovery to New Drug Application (NDA) Target ID Target Valida- tion Lead Discovery Drug Dev Pre- Clinical NDA Safety Assessment Phase I, II, IIIPharma. Process R&D Basic Research Scientist, Chemists, Patent status, Pharmacologists, Formulation and Process Chemistry

5 Research to Identify New Drug Candidates What is the market for your drug? Selectivity Potency Pharmacokinetics In vivo efficacy Toxicity Metabolism Promiscuity screen

6 GLP Safety Assessment Toxicity in rats and dogs 3, 6, 12 month P450 profile activator/inhibitor Metabolite profile: comparison rat, dog, human (radiolabeled drug) Organ distribution of drug Cardiovascular toxicity CNS toxicity Reproductive toxicology Preclinical Development

7 Clinical Development Initiate and complete Preclinical Safety File IND and Initiate Phase I (healthy volunteers) Initiate Phase II (patients – dose selection) Phase III, Manufacturing and Marketing File NDA await FDA approval

8 Estimated Drug Development Timelines Q2 ‘02 Q1 ‘02 Q4 ‘03 Q3 ‘02 Q1 ‘03 Q2 ‘03 Q3 ‘03 Mfg Q4 ‘02 Tox Studies Phase I Phase II Additional Tox Studies Lead Backup Mfg Tox Studies

9 Tips for Negotiating Make it clear you have always wanted to develop a drug and that you know the process Indicate you are aware, what is important before beginning a new project is the potential market should you be successful If you express an idea for a drug/target show you are aware of competitive products – what is your advantage? Pick a target for a drug that meets and unmet medical need


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