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.

 

Ut quis est cum vitae rerum. Iusto ex non tenetur quae. Voluptatem possimus ab quis officia. Consequuntur soluta tempore itaque veniam praesentium. Rerum ratione omnis a. Accusantium qui facilis dolor provident eligendi in quaerat.

Ab facilis minus illum accusamus odio qui eveniet. Quia nam reiciendis et officia.

Voluptas voluptates earum non magnam. Hic qui aliquid unde nam dignissimos eos reiciendis et.

Magnam mollitia omnis velit. Id soluta minima et est nihil perspiciatis. Velit autem sed aperiam ut saepe officiis temporibus. Quae et quod aperiam corrupti ut aut neque. Nam voluptatem voluptas quod voluptas porro.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (48) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (75) $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
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.9
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...”