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

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.

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.

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

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.

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

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.

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.

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

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.

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