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Dispelling the Myths: Industry and Academia More Alike Than Different | Stanford School of Medicine

Dispelling the Myths: Industry and Academia More Alike Than Different

Ray Price, PhD
Career Paths
Biopharma Business
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As someone who’s transitioned from academia to industry, I’d like to share some of the differences in the two career paths, as well as address some misconceptions of the ‘golden handcuffs’ of industry as seen from the ivory tower. First, here’s my take of where the biopharma industry stands. R&D costs have grown dramatically in the past decade, and have grown disproportionately to R&D budgets or output, with R&D inflation ...