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About the Project


The Biotech Jobs Project provides career insight from biotechnology industry insiders. Job interview advice, insights from biotech industry leaders and compensation benchmarks.

Biotech Compensation


The median salary for Biotechnology Research Scientists in the U.S. with 5 years experience is about $72,000. For someone with 10 years experience, the number climbs to over $82,000.
Source: payscale.com

Archive for November, 2008

North Carolina Sees Largest Growth in Biotech Jobs

Tuesday, November 25th, 2008

A report from the North Carolina Biotechnology Center reported that NC increased the number of biotech jobs by 18.5% from 2001 to 2006. The increase came as a result of $1.2 billion in biotech investments. It seems these investment have provided solid return for North Carolina, as it enjoyed the highest 5 year growth rate in biotechnology jobs of any state in the union and is now the third largest center for biotech jobs in the country.

According to newsobserver.com, 180,000 in NC are now employed in biotech research and development, manufacturing or for companies supplying the biotech industry. These biotechnology jobs earn North Carolinians over $9 million per year.

     

New York Joins the Battle for Biotechnology Jobs

Thursday, November 13th, 2008

The business outlook in New York is a bit dim as the financial markets continue to work themselves out. The New York Times published an article describing the effort to drive biotech jobs as part of a larger plan to attract non-financial services business. The article describes the plan to repurpose the Brooklyn Army Terminal, a military supply depot used during World War I, as a center for biotechnology research companies. The first biotechnology tenant is scheduled to open their lab this week. The biotech complex has been renamed the East river Science Park and will include more than 1 million square feet of biotechnology office and laboratory space. New York is getting aggressive in the fight for biotechnology jobs. The problem is, they are a bit late to the game and those biotech job hubs such as the Biotech Bay and Biotech Beach won’t give up biotechnology companies without fight.

     

Michigan Passes Constitutional Amendment on Stem Cell Research

Monday, November 10th, 2008

Riding the Obama and Democratic wave, Michigan voters passed a constitutional amendment on stem cell research that could fuel the growth of biotech jobs in the state.

According to BioRegion News,  Michigan life-science leaders have be pushing for ways to grow human embryonic stem-cell research in the state.  Sources are quoted as questioning the benefit to Michigan, however, as many states already have fairly liberal stem cell research policies. Of course, job growth was a key driver in swaying the vote. This on the same day the Wall Street Journal published articles about Michigan’s struggling auto industry seeking Federal bailout funds.

     
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