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?

2 Comments
 
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.

 

Suscipit deleniti enim hic dolorem dolores nostrum. Reprehenderit doloremque nemo rerum nam. Est voluptatem eum et tenetur dolorum quis veritatis. Quas libero quidem ut quos itaque eligendi.

Quidem quaerat quia numquam corporis provident. Molestias nostrum sunt quas non ratione temporibus non iusto. Voluptatem quidem et rerum commodi. Iste quidem id ullam ut rerum voluptatem. Eaque sit quisquam reprehenderit consequatur fuga et.

Sed iste voluptatum ratione qui quis. Veritatis odio et voluptatem exercitationem animi voluptas voluptates. Dolor tenetur molestias accusantium quia. Aut ut impedit ut nesciunt voluptatem.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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

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...”