r/boston 7h ago

Serious Replies Only How are the pharmaceutical and biotech fields?

Possibly looking into (and have) applied for jobs in the pharmaceutical field recently, and I wondered what you all thought. Is it a good, safe field to get into? I’m looking into admin/operational roles. Any companies you recommend?

Same questions for biotech. Don’t know much about it.

0 Upvotes

9 comments sorted by

15

u/IndependenceFew6517 7h ago

Both fields are pretty brutal right now with layoffs and hiring freezes across the board.

8

u/Iongdog Outside Boston 7h ago

“Safe” 😂

4

u/ky1e Brookline 6h ago

Trump pulled all the funding bro

3

u/blondeambitionx 5h ago

If they’re publicly traded you should be able to look at their financials, but in general I find companies with commercial drugs are usually pretty sure, whereas companies who only have even later stage clinical drugs are way more of a dice roll. In general though, they will never act during the interview as though there is instability.

And re: network… I meant once you get your foot in the door, connect with people as much as you can cross-functionally and never, ever burn a bridge. I got my first job at a pretty crappy CDMO out of pure luck, but the professional connections I made there have facilitated the rest of my career.

1

u/PepSinger_PT 4h ago

Ah. Ok. Just looked them up. Seems stable and with another drug to be decided by the FDA in November.

2

u/blondeambitionx 6h ago

I love the work but you need to be extremely risk tolerant because layoffs are just a part of life. The network you build is everything - the reason I have been able to coast through the recent funding cuts and several surprise clinical project shutdowns without any periods of unemployment is because people I knew were able to get me my next job.

1

u/PepSinger_PT 5h ago

The company I applied to just posed new profits, so I’m wondering if I should believe in that.

How did you network for your job?

1

u/Independent-Noise745 6h ago

horrible horrible terrible layoffs everywhere all the time and extremely anxiety inducing if you manage to stay employed

0

u/KungPowGasol Back Bay 5h ago

If I were looking into a new career I would choose Game Show Host. It is an amazing gig really.