Biotech ER vs MedTech ER

Can anyone shed light onto how different these two are? I understand that Biotech is more focused on drug trials, science etc. and med tech is more financial related.

I’m about to graduate my PhD program and would be interested in biotech > MedTech. However I received an offer for MedTech. Any job is better than no job, however ultimately I want to cover biotech.

Similarities between the two? Differences? How hard would that lateral be down the road?

 
Most Helpful

Medtech industry = physical products that need to pass clinical trials (think products for knee replacements)

Biotech industry = prospective pharmaceutical drugs that need to pass clinical trials (think BigPharma that created 'covid') lol :)

I'm not in the industry but I imagine that the PHD and experience snuffing out what'll pass trials and what won't, will still be transferable between one or the other. For not being the role you want, it's about the closest/best role to set you up to get into it later.

 

Et sit error voluptatum excepturi repellat dolor. Placeat reiciendis sit nihil nemo nulla. Quo illo maxime delectus qui modi rem. Quisquam est facilis et rerum fugiat consequatur porro. Facilis tempore doloremque magnam numquam fuga.

Rerum ad harum earum. Soluta exercitationem non reprehenderit eos quo at autem. Consequatur voluptatum sit dolor libero est. Nulla quas culpa est rerum.

Assumenda sit dolorum aut rerum sit ea. Velit hic omnis eius quasi. Odit animi nostrum rem rerum est ad. Quo omnis debitis quibusdam ut est ratione.

Perspiciatis quibusdam voluptas eos vel impedit aperiam omnis. Hic dolorem ut molestiae.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (88) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
kanon's picture
kanon
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
bolo up's picture
bolo up
98.8
10
Linda Abraham's picture
Linda Abraham
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”