Doreen Tho: Seminar & Workshop

ThoUCBA is proud to sponsor and welcome Doreen Tho, M.B.A. to the University of Chicago!

If you could do or be anything, what would you be? Are you clear on how your current experience is helping you reach your career goals better and faster? As Ph.D. students and post-docs conducting research in such an intellectually demanding environment, we often acquire tunnel vision and forget why we came here in the first place. Before you know it, you have completed your degree or fellowship, and look up to realize that, despite your academic accomplishments, you are in fact ill-prepared for the world beyond. If you are ready to gain clarity on your purpose beyond the bench, and tailor your graduate experience such that it will yield the career that will satisfy you most, this event is for you! Doreen Tho, M.B.A., is a highly skilled industry professional who focuses on innovative thinking to reform companies from the inside out. Her proven track record speaks to her expertise in optimizing success, and her highly inspirational ideas will reform you too! Come, and learn to map your path at the University of Chicago so that it makes sense to future YOU envision.

Seminar: Who am I?—Define your future to create a meaningful present.

Thursday, May 21st

12:00-1:00pm

BSLC 115 Auditorium

Industry titan Doreen Tho demonstrates how to think innovatively about one’s self to ensure a bright future for any career track.

Workshop: Strategic self-­branding: an innovative approach to defining your career path.

Thursday, May 21st 

3:30-5:00pm

BSLC 205

Limited seats available! Please register here: http://ucba.eventbrite.com

Doreen Tho, M.B.A, is an expert and leader in innovation, marketing, strategy, and process re-engineering initiatives for global healthcare, electronics, telecommunications, and high-tech industries. Recent past positions include Director of Innovation Strategies at Hospira (now Pfizer), and Director of Marketing at Abbott. Doreen has a proven track record of top line growth, profitability improvement, and product development for developed and emerging markets. Currently, Doreen has left the industry to pursue her newest passion as a green energy entrepreneur.

Careers and Opportunities in Intellectual Property (IP) Law

UCBA is excited to present a seminar and networking event featuring members of Barnes and Thornburg LLP (a large law firm specializing in healthcare law and intellectual property) and UChicago Tech (the University center for technology development and ventures).

B&T

UChicago Tech

If you’re interested in a career in IP law, technology commercialization, patent practice, or just want to learn more about these areas, please join us for this exciting opportunity!

We would also like to thank the BSD Dean’s Council and myCHOICE for co-sponsoring this event.

Careers and Opportunities in IP Law
Seminar and Networking Reception
Wednesday, March 25th 2015, 4:00-6:00pm
BSLC Auditorium 115

To RSVP and learn more about the speakers for this event, please use the following link: http://ucba.eventbrite.com

Feel free to contact us directly with any questions. We hope to see you there!

A MATTER of Fact

MATTER

MATTER, a center for Health Tech entrepreneurship is under development in downtown Chicago, IL.  This 25,000 sq ft non-profit facility will provide a unique environment for healthcare IT and biotechnology entrepreneurs to interact, share resources, exchange information, access industry experts and local talent.  Building on the success of the digital startup hub,1871, MATTER hopes to serve as a place for entrepreneurs and business experts to foster increased collaboration and support innovative ideas to create new products and services for healthcare.  In addition this shared environment aims to:

  • Increase local risk capital investment
  • Attract talent from around the world
  • Create jobs in Illinois

Along with private and shared office space, MATTER will provide space for more casual meet-ups and large presentations.  The startup BioHub will also host classes, workshops and events designed to encourage problem-solving by providing entrepreneurs with new skills and generating novel ideas.

The life science industry in Illinois has a $98 billion economic impact.  Following a             $4 million investment by the state of Illinois, MATTER is currently being built in Merchandise Mart in downtown Chicago, in close proximity to 1871, in what now is being called ‘Silicon hallway.’  Based on the success of 1871, generating >200 startups and >1000 jobs since its inception in 2012, MATTER hopes to become the central focal point for the Healthcare and medical devices communities in Chicagoland.

Healthcare and biotechnology startups and innovation in Chicago are often viewed as being challenged by a lack of density and connection between its universities, hospitals, biotech’s, and pharmaceutical companies.  MATTER will be a place for very early stage incubation and company formation, a place for people to meet and to learn.  By putting diverse expertise in direct proximity to one another MATTER hopes to foster this interaction and to stimulate innovation, entrepreneurship, investment and the overall goal of forming new companies in Chicago.

While it remains to be seen whether MATTER will deliver on its potential to promote and support entrepreneurship in Healthcare and biotechnology, the buzz is certainly in the air and we are excited to see what it can deliver.  MATTER is scheduled to open in Autumn 2014.

Follow MATTER on Twitter: https://twitter.com/MATTERChicago

View the MATTER website: http://www.matterchicago.com/

View the MATTER Facebook page: https://www.facebook.com/pages/MATTER-Chicago/409178175894906?fref=ts

By Ben Hall & Daniel Leventhal

Thank you to Steven Gould and Andrew Cittadine from MATTER.

Matching Expectations and Training with 21st Century Career Outcomes in the Biomedical Sciences

So what do you want to do after you finish your scientific training? This is a common question an applicant will hear during graduate school interviews, and the most common answer usually involves seeking a tenured track faculty position at a top ranking research institution. Regardless of the actual aspirations of the applicant, this is inevitably their answer because most applicants assume that any other response is sure to decrease their chances of being accepted into a biomedical PhD program. This mindset may have originated from that fact that career choices outside of the traditional tenured track research position have long been frowned upon be academics and may be routed in the fact that most agencies, such as the National Science Foundation (NSF) and Nation Institutes of Health (NIH) which fund the training grants utilized by most biomedical training programs, have traditionally judged programs based on the “academic” success of their graduates. Thus, this one-path-fits-all career focus has led to training programs which exclusively emphasize preparing students for a career in academia, and not necessarily meeting the actual needs of the trainee or the modern day scientific community.

The average biomedical graduate program involves course work in both general biological principles (e.g. molecular and cellular biology) and more specialized material related to the particular program of interest (e.g. genetics, bioinformatics, oncology, etc.). Throughout the training process additional instruction for specialized skill sets that are important for success as an academic are often emphasized, including grantsmanship, presentation skills and the critical evaluation of research publications.  Most programs also require some form of “pro-bono” teaching, such as becoming a teacher’s assistant, however, often no real teaching experience is gained and students are asked to carry out menial tasks such as grading exams and making photocopies of course materials.  Finally, what is considered “the meat” of graduate education, students receive rigorous hands on training in how one conducts a research project and carries out the act of “science” by designing experiments, interpreting results, troubleshooting problems and learning how to effectively communicate their findings to an audience of their peers. While in the United States this approach undoubtedly produces world class scientists, as demonstrated by the fact that the best and brightest are still sent to U.S. universities from all around the world for training, the process itself has changed very little over the last century. At best one could see how this methodology would be effective at training the next generation of world class academic researchers, ready to seek out the quintessential tenure track faculty position, but is this the desired or even realistically obtainable career path for the majority of biomedical PhD graduates?

To address these issues the NIH commissioned an Advisory Committee to develop a model for a sustainable and diverse biomedical research workforce. This report would then be utilized to aid future decisions about training and maintaining an optimal number of people for the career paths that will facilitate the advancement of science, the improvement of health and ensure the United States’ competiveness in the global biomedical economy. In their report the Advisory Committee provide several interesting findings and recommendations which will be discussed here in brief. For further information see http://acd.od.nih.gov/biomedical_research_wgreport.pdf.

So, where do the majority of biomedical PhDs find employment after graduation and does the training they receive mirror these career outcomes? Since the current training scheme is built around training graduates for tenure track faculty positions, let’s start there. First, it should be noted that the NIH represents the primary funding source for the vast majority of biomedical graduate level training programs (both PhD and post-doctoral) and provides over 50% of all the funding given for non-for-profit biomedical research conducted in the United States. Thus, the NIH budget often dictates the number of students which can be trained per year and the availability of faculty positions for those trainees following completion of their studies. Shortly after the NIH’s budget more than doubled between 1998 and 2003, the number of basic biomedical PhDs also began to rise significantly (shown here from Figure 1 from the NIH report).

Fig 1

Unfortunately, since the NIH budget has essentially remained stagnant since 2003, the increased number of biomedical PhDs has not been met with an increase in available tenure track positions, thus the percentage of PhDs holding tenure track position has dropped from 34% in 1993, to 26% in 2012. That is correct! Currently only 1 in 4 PhDs will go into a tenured track position, yet we continue to exclusively train for this career path.

This is not to say that biomedical PhDs have trouble finding employment, since they currently have less than a 2% unemployment rate; far better than the current U.S. unemployment average of 7.4%. So where are they finding jobs? By utilizing the data presented by the NIH Advisory Council in 2009 and studies conducted by the NSF in 2011 we constructed a career outcomes chart depicting the approximate proportions of Biomedical PhDs within a variety of broad employment sectors (shown here).

Fig 2

In 2009, while approximately 24% of biomedical PhDs found employment in jobs conducting research, 17% held positions in science-related but non-research oriented positions. Additionally, in 2011 9% held managerial or administrative positions while 14% fell under professional services classifications. To summarize, excluding unemployment and non-science related employment, 60% of biomedical PhDs will not go into a tenured track faculty position and could potentially benefit from a more diverse graduate and post-graduate training experience.

So, if we were to ask current graduate and post-doctoral students what their primary career interests are, would their interests and expectations resemble the career outcomes observed by the NIH and NSF? Would they be interested in diversifying their training experience if given the opportunity? In order to assess the career goals and aspirations of PhD students and postdoctoral trainee’s the University of Chicago Biotechnology Association (UCBA) surveyed currently enrolled students/trainee’s at the University of Chicago, the results of which are shown below. The survey was well received with 123 responses (84 PhD students/39 Postdocs) and queried the scientists’ primary and secondary career objectives and interest in learning or training opportunities in a range of academic and non-academic career paths. In line with the current graduate school training, most respondents indicated that a tenured track faculty position was their primary career goal (45%), followed by a position in the Biotech/Pharmaceutical industry (24%), teaching (9%), medicine (7%) and Government/Public Policy (4%). Additionally, when asked about their ‘plan B’ or second choice, most respondents chose industry (41%), emphasizing the need for training for alternative careers outside of academia.

Picture1

The survey also queried interest in learning about topics associated with alternative careers.  Interestingly, most respondents indicated high interest in learning more about translational science, with moderate interest in Technology commercialization/ development, Science Policy, Entrepreneurship and Partnering with Industry as an Academic.  Furthermore, respondents expressed strong interest in completing an externship at a biotechnology or pharmaceutical company.

In conclusion, the UCBA has compiled a set of recommendations for how various contributors to biomedical science education could improve the current training process in order to better prepare students.

Recommendations for the NIH

  • Make Increasing the Diversity of Biomedical Training a Priority for the NIH
    • Update your Current Measures of “Trainee Success”: If training programs are to broaden their focus to include a more diverse range of learning experiences in order to include preparation for careers outside of academia, the NIH’s rubric for evaluating academic success of trainees for the renewal of training grants must also be updated.  
    • Increase Funding Opportunities for Innovative Training Programs Addressing the Training Gap: By creating contracts for novel training approaches to fill the gaps in training in the Biomedical Sciences and then critically evaluating the best resulting practices, the NIH can lead the way for designing training programs which better fit the needs of the contemporary biomedical workforce.
  • Commission an Advisory Committee to Evaluate the Needs of the Current Biomedical Workforce and Facilitate Industry/Academia Training Collaborations: The NIH could construct a Committee who in collaboration with biotech, pharmaceutical and governmental leaders could rigorously determine what the current needs are in the biomedical workplace. Such a study could then be utilized to design new curriculum and training collaborations with industry to help better prepare scientists for career paths most in need of qualified applicants.

Recommendations for Graduate and Postdoctoral Training Programs

  • Provide Quality Teaching Experiences: Considering that 23% of PhDs will find employment as educators who’s primary role is to teach, a stronger emphasis needs to be placed on quality teaching opportunities. Teaching assistantships where trainees actively assist in the curriculum design and lectureship of a course, and not simply the grading and photocopying of materials, needs to be promoted. Such experiential learning should be accompanied by formal course work explaining the theory and logistics of teaching a course.
  • Better Inform Trainees of Current Career Outcomes for Biomedical Science PhDs: If trainees are better informed about the various career paths available in the biomedical sciences and the availability of these positions based on the current career outcomes published by the NIH and NSF, they can then weigh the pros and cons of each career path and diversify their training accordingly. Just as all NIH funded trainees must take a course on Bioethics early on in their PhD curriculum, they should also be asked to take a course focused on the various career paths available to a Biomedical PhD.
  • Find Ways to Diversify Training without Extending the Time to Graduation: Since the median graduate age of a biomedical sciences PhD is already 32, new ways of diversifying graduate education which do not extend the time to graduation need to be implemented. This could be accomplished by incorporating topics which are mutually beneficial to those trainees who will end up in academia and those who will find employment in biotech/pharma. Examples of this include project management, leadership, personnel management, communications, professional selling, and entrepreneurship. Additional courses focusing on the translation of basic scientific findings into the clinic, such as clinical trial design and biostatics, would also be mutually beneficial.  
  • Establish Connections with Potential Employers: Training programs could establish collaborations with potential employers to create experiential learning opportunities, generate industry specific curriculum and provide a direct link to employment and post-doctoral opportunities for after graduation.  

Recommendation for Trainees

  • Network, Network, Network: As a trainee at any level with any career path in mind, building a diverse network of connections within academia, government and industry can be key for future success. Considering that none of us know exactly where we will be 5 or 10 years from now, you should take every professional interaction with someone new as an opportunity to expand your personal network. Through-out your graduate and post-doctoral training, you should take advantage of networking events at conferences or those sponsored by your program, University or professional interest groups in your area in order to build a robust personal network which you can call upon for building your future career.  
  • Informational Interviews: Find someone who is currently working in a position you consider to be the next step in your career path or someone who currently has your “dream”     job. Contact them and inquire how they got to where they are today and if they have any suggestions for a scientist interested in their specific field/position. This person can be a great resource/mentor to help describe the best way to prepare for success in that particular position or field. This could be as simple as meeting up for coffee or sharing a few emails. It is also a great way to expand your personal network.
  • Take Advantage of Any Opportunity to Diversify your Skill Sets: Your program or University may have opportunities already in place for professional development. At the University of Chicago there are mechanisms in place to allow students to attend MBA courses, to get involved with University Start-up companies, to take courses focused on translational science and more. Good resources to learn about these opportunities are the University Office of Professional Development/Career Services, or the University of Chicago Biotechnology Association.

By Daniel Leventhal and Ben Hall