Drawn to saving the world-from a disorder? paintings in prescribed drugs and biotechnology, and you will have the opportunity. Insiders love the diversity of chance and demanding situations their paintings poses. And with the inhabitants getting older and overseas markets blossoming, this has a promising outlook. This Insider consultant covers a ton of knowledge together with: what is interested by the product improvement cycle (it can take greater than a decade to take a brand new drug to industry) The possibilities (everything from revenues and advertising and marketing to engineering and technological know-how) on hand for undergraduates and MBAs history details and a thesaurus of universal phrases that can assist you sound like you are an previous professional Profiles of greater than a dozen of the most important pharmaceutical and biotechnology businesses on the planet distinctive details at the recruiting strategy particular pointers on how one can land a role
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And a Glaxo takeover of Lilly could rival the PfizerPharmacia pairing. But so far Glaxo says it plans to focus on developing its own drug pipeline rather than pursuing such mergers. Avandia, for diabetes, Levitra, and asthma treatment Advair all recently earned FDA approval. On the hiring front, Glaxo is remaining cautious. Most new positions will be in R&D (this is a company that spends $4 billion a year on R&D), sales, and marketing. The Companies Insiders report that the company is still feeling growing pains from the GlaxoSmithKline Beecham merger.
Construction begins on a new manufacturing plant in Puerto Rico. Lilly researchers receive “Inventor of the Year” award for Xigris. Makes Working Mother’s list of the 100 best companies for working mothers. Key Financial Stats 2002 revenue: $11,076 million 1-year change: –4 percent Personnel Highlights 2002 number of employees: 43,700 1-year change: 6 percent Copyright 2003 WetFeet, Inc. com Overview The Companies Genentech, the oldest of all the biotech companies, founded in 1976, puts its money where its mouth is: Because it outstrips all others in spending for research and development, it has achieved top honors in this category— Genentech’s scientists are in the top 1 percent for total worldwide citations received in scientific journals.
Its research focuses on oncology, cardiovascular disease, and immunological disease. The company is majority owned by the Big Pharma giant Roche. Genentech’s dedication to research and development has resulted in a healthy product portfolio. The company has ten protein-based products on the market, and 20 more lined up in the pipeline. ) In 2001, Genentech’s revenues topped $2 billion for the first time in its history, putting it right behind Amgen, the number-one biotech in terms of size. Recent revenues have been driven by the cancer treatment Herceptin and the human growth hormone duo Nutropin and Protropin.