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DBL%20Hendrix%20small.png College chemistry, 1983

Derek Lowe The 2002 Model

Dbl%20new%20portrait%20B%26W.png After 10 years of blogging. . .

Derek Lowe, an Arkansan by birth, got his BA from Hendrix College and his PhD in organic chemistry from Duke before spending time in Germany on a Humboldt Fellowship on his post-doc. He's worked for several major pharmaceutical companies since 1989 on drug discovery projects against schizophrenia, Alzheimer's, diabetes, osteoporosis and other diseases. To contact Derek email him directly: derekb.lowe@gmail.com Twitter: Dereklowe

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In the Pipeline: Don't miss Derek Lowe's excellent commentary on drug discovery and the pharma industry in general at In the Pipeline

In the Pipeline

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March 9, 2012

Are the Numbers Improving?

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Posted by Derek

Here are the results of a salary and job satisfaction survey from Pharma Manufacturing. It's not a pretty picture, by any means, but it seems to have gotten a bit less nasty. That's downstream of R&D, where many readers of this blog reside, but it's worth a look.

Comments (10) + TrackBacks (0) | Category: Business and Markets


COMMENTS

1. anana-mouse on March 9, 2012 7:53 AM writes...

The thing that struck me is that in the category of"what is most important to you in job satisfaction?", the majority answer is "challenging work". This differentiates most scientists motivatin vs the business types, because we are self motivating by the nature of our work and do not necessarily place financial advancement as our primary goal

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2. Rick Wobbe on March 9, 2012 7:56 AM writes...

Derek, your interview with PharmaManufacturing made a nice companion piece: http://www.pharmamanufacturing.com/articles/2012/036.html

We try to keep holding up mirrors to the powers that be, but they have to stop spinning and put on their reading glasses before lasting improvement can occur.

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3. RB Woodweird on March 9, 2012 9:07 AM writes...

"This differentiates most scientists motivatin vs the business types, because we are self motivating by the nature of our work and do not necessarily place financial advancement as our primary goal"

Which is why they have yachts and we are lucky to have a rubber duck to play with in the bathtub.

Permalink to Comment

4. Chemjobber on March 9, 2012 9:11 AM writes...

For a really unpleasant companion (not to contrast with Rick), you can read the interview with the Kelly representative (linked in my handle).

I wish people did not pretend to be cheery about being a "free agent."

Permalink to Comment

5. anana-mouse on March 9, 2012 9:18 AM writes...

#3. RBW I agree, but it is a choice that we make from the heart. If the Queen had balls, she would be King..... We're Ph.D's, MS. BS's. The MBA's BS's facilitate thier meteoric rise. Our rise is the satifaction of fulfilling our intellectual curiosity. Can't have it both ways. As a BP layoff victim, I look myself in the mirror in the morning and, though substantially poorer than before, I smile (no, the mirror does not crack) and I rest in the assurance that I am happy with who I am and, professionally, where I was and where I went.

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6. Rick Wobbe on March 9, 2012 9:31 AM writes...

Good post. And I should've put quotation marks around "nice". :)

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7. Student on March 9, 2012 5:42 PM writes...

A lack of challenging work= MBAs don't know how to utilize their talent.
Poor salary= scientists that feel they are taken advantage of.

Permalink to Comment

8. anon2 on March 10, 2012 1:12 PM writes...

Personally, I think this is nothing but dredging for hopeful data in the noise.

Permalink to Comment

9. Over-paid chemists on March 10, 2012 7:14 PM writes...

58% are paid >$100,000.

Permalink to Comment

10. Legacy Merck Guy on March 11, 2012 9:26 AM writes...

COBA, the College of Buisness Asministration. Their theme song (to be sung to Coppacabana):

COOOOBA! COBA Cabana
Half the work, twice the GPA!!!!!

Sad but true.

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