Anyone know how much ?

[college]

I'm looking into narrowing my fields of study, and I'm looking for a salary range for a career genetic.

[zyncod]

Ahahaha! Oh, how much you will make! I'm a lab tech right now with a B.S. making 30K a year (in Manhattan!), and that's the most money I'm going to make for at least 6 years.

[Helix]

Yeah I can asnwer that question: Almost Nothing. But that's if you don't become a scientist and team up with a biotech company. Then considerably more.

[rakuenso]

how would you exactly go about going into the private sector? Getting an MBA or administration degree?

[Helix]

how would you exactly go about going into the private sector? Getting an MBA or administration degree?

 

 

Well if your lab was working on an anti-cancer therapy, you could get a (lucrative) contract with a biotech to sell the therapy to them.

 

Basically I mean strike a deal where you (as a researcher) do work and get paid (a lot) by a biotech company.

[ecoli]

But if you work for a biotech company then you can't publish.

[Skye]

You can enter a company and just work your way up through it.

 

You could to work in a position where you retain the intellectual property rights to things that you produce. You then produce a patent that you can sell to a company.

 

You can work as an academic, gather administrative skills for your CV, then move into the management of company.

[Helix]

Right or you can not directly work for a biotech but rather have a deal where you do the research and they pay you for the rights to sell it.

[ecoli]

I believe that's what Kary Banks Mullis did, n'est pas?

[Helix]

Well sort of, he was at Cetus when he developed PCR. I'm talking about independantly coming up with something and then striking a deal with a biotech.

[ecoli]

Yeah, if Mullis did that, he could have pocketed the $4 million that Roche paid Cetus for PCR.