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Saturday, July 14, 2007

Shortage Of Talent A Critical Condition For Pharma, Biotech

by Mann 0 comments

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From CNN.Money

Where will biotech and pharmaceutical companies find future scientific talent to grow their business? Not in the U.S., based on current trends.

U.S. universities aren't providing biopharma with enough Ph.D. graduates. In 2005, the latest year data are available from the National Science Foundation, U.S. institutions turned out 6,368 Ph.D.s in biological sciences. That was only 1,000 more than a decade earlier. About 30% of U.S. biology Ph.D.s come from abroad. Some will take their skills home.

Meanwhile, the industry's talent needs are soaring.


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