2017 IPhO Na,onal Student Event San Francisco, California March 25, 2017
Introduc,ons James Alexander, PharmD Execu@ve Director and Founder PharmD • • Industry Fellow • VP, Business Development • Fellowship Director • Senior VP and General Manager • Execu@ve Director and Founder • Execu@ve VP, Retained Search
Thank you for suppor,ng student pharmacists and their pursuit of industry pharmacist career opportuni,es!
Program Agenda • Na,onal and Host Chapter Introduc,ons • at a Glance • Leadership Awards and Recogni,on • PATHS To Industry Keynote James Alexander, PharmD IPhO Execu@ve Director and Founder • Signature Services, Resources, and Benefits Jerry Silverman, BS Pharm, RPh VP, Professional Development and Coaching
Host Chapter Introduc,ons and Recogni,on Raechel Farewell Johnny Hsia Sandra Lee Joanne Vo Chapter President Essie Liu Class of 2018 Noah Lipshutz Kathy Quach Michael McClain Mursal Habibzadah Janet Nhan Parleen Shahi Sonia Aujla
Na,onal Leadership Team
Pres,gious Advisory Board Irene Laurora, PharmD Rob Kowalski, PharmD Senior Director, Medical Affairs, Pfizer Senior VP, Global Regulatory Affairs and David E. Epstein, RPh US Head of Development, Novar,s Former Global Head, Pharmaceu,cals, Novar,s Execu,ve Advocate, IPhO Ka@e MacFarlane, PharmD Jack Bradley, PharmD, JD Managing Partner, SmartPharma LLC Senior Director Med Affairs, Kyowa Kirin Joseph D. Williams, RPh Remington Medalist Re,red CEO, Warner-Lambert Honorary Chairman, IPhO Carol G. Gallagher, PharmD Jill DeSimone, RPh Former CEO, Calistoga Pharmaceu,cals Head, Oncology Business Unit, Merck
IPhO Na,onal Fellows Council
Na,onal Student Officers (NSOs) Rosemary Boshar Bridge_e Tran Scholarly Ac@vi@es Chapter Management MCPHS Worcester MCPHS Worcester Class of 2017 Class of 2017 Lan-Anh Nguyen Zachary McCormack Social Media and Chapter Development Marke@ng Purdue University Rutgers University Class of 2017 Class of 2017 Kassim Rahawi Venkatesh Satram Professional Professional Outreach Development ACPHS VCU Class of 2017 Class of 2017
IPhO Background • Launched October 2012 • First and only professional organiza@on dedicated to industry pharmacists – “Once a pharmacist, always a pharmacist” • 8,000 Registrants/4,000 student pharmacists • 700 Na@onal Student Members • Iden@fying and mee@ng unmet needs at all career stages: – Student Pharmacists – Post-Doctoral Fellows – Aspiring Industry Pharmacists – Experienced Industry Pharmacists
Vision For Student Pharmacists IPhO Na,onal student members are recognized as the best prepared among all students to pursue industry-focused career opportuni,es . Na@onal student members have an excellent working knowledge of common industry pharmacist roles and key driving forces, as well as an understanding of the skills and experiences necessary to become a successful industry pharmacist. Advoca,ng with Employers About the Indispensable Value of Industry Pharmacists
Growth of Na,onal Student Chapter Network 50 47 45 40 40 35 27 30 25 20 15 9 10 3 5 0 2013 2014 2015 2016 2017
Does Your School Have An IPhO Student Chapter?
Chapter Network Benefits • Access to best prac@ces at 47 student chapters • Access to na@onal signature programs • Par@cipa@on in chapter E-Board programs • Eligibility for Na@onal Student Officer posi@ons • Par@cipa@on in the annual VIP Case Compe@@on • Leadership experience and professional growth • Recogni@on as a na@onal member of the only professional organiza@on exclusive to student pharmacists, fellows, and industry pharmacists
How to Start an IPhO Student Chapter • Become a Na,onal Member • Look through the RESOURCES sec@on for: – CHAPTER HANDBOOK – CHAPTER APPLICATION – CHAPTER CONSTITUTION TEMPLATE • Email your request to start a chapter & introduce yourself: support@industrypharmacist.org
Leadership Awards and Recogni,ons
2016 Intern of the Year Marine Schmia PharmD Candidate 2018 Oregon State University IPhO Chapter President 2016-17 Descrip@on: Research iden@fied trends among industry-related courses within all US accredited colleges of pharmacy. The poster, was presented during the recent 2016 ASHP Midyear in Las Vegas.
2016 Intern of the Year Brian Cheng PharmD Candidate 2018 St. Johns University IPhO Chapter President Descrip@on Industry Internship Toolkit Guide to Industry Internships Internship Catalogue 2.0 LinkedIn Job Alert Guide
Na,onal Student Officers Represen,ng the 2016-17 Na,onal Student Officers Lan-Anh Nguyen PharmD Candidate 2017 Rutgers Chapter President 2015-16 NSO, Social Media and Marke@ng Bridgeae Tran PharmD Candidate 2017 MCPHS-Worcester Chapter Vice- President 2015-16 NSO, Chapter Network Management
Philip Armendi Outgoing NFC Commi_ee Member • Founding President, Touro (NY) Chapter 2015 • Allergan Global Pharmaceu@cal Sciences Fellow, 2016-17 • NFC Marke@ng Communica@ons and Student Development Commiaees, 2016-17
Ma_hew Schmidt Outgoing Chair, NFC Student Development • Founding President, Northeastern Chapter 2014 • Genentech Regulatory Fellow, 2015-17 • Chair, NFC Student Development Commiaee, 2015-17
Alex Wei Outgoing Chair, Na,onal Fellows Council • Founding President, Rutgers Chapter 2013 • Founding Na@onal Student President 2014-15 • Alnylam Medical Affairs Fellow, 2015-17 • Na@onal Fellows Council Chair 2015-17
V alue of I ndustry P harmacists 2016-17 Annual Case Compe,,on • Purpose: Foster an understanding of the cross-func@onal process of developing and bringing a new drug to market • Deliverable: Design a comprehensive development plan for the assigned case molecule, with respect to its clinical development plan as well as regulatory, medical, and commercial strategies • Involves designing a comprehensive drug development plan for an assigned hypothe@cal new drug, including: Clinical Development • Regulatory Affairs • Medical Affairs • Marke@ng • • The final deliverable was a video submission
The PATHS To Industry San Francisco, California March 25, 2017
The PATHS To Industry
Why Industry Careers are So HOT! • Impacts pa@ents on a global scale • Ac@ve par@cipa@on in drug development • Combines clinical knowledge and healthcare business acumen • Travel and flexible schedule • Variety and opportuni@es for growth • Compensa@on • Job sa@sfac@on
Industry Pharmacist Career Opportuni,es
Industry Pharmacist Departments/ Func,ons* 1% Medical Affairs 5% 8% 19% Clinical Research MSL 9% Medical Informa@on Commercial Func@ons 16% Regulatory 13% Other Safety/Pharmacovigilance 15% 14% Non-Industry *IPhO Employment Research (ER) Data Set, 2014 (n=1227)
Fellowships: Descrip,on and Metrics • Specialized industry-based training programs to prepare PharmDs to pursue industry careers – Fellows are full @me trainees at a host company – Usually assigned to a specific department of focus • 87% of posi@ons are 2 years in dura@on • About 400 Fellowship Posi@ons at 50+ companies – 378 fellows this year, 400+ for 2017-18 – 82% are affiliated – >30% growth this year in both affiliated and non-affiliated – 225 posi@ons for incoming fellows Source: Analysis of 2016-17 PharmD Industry Fellowships, IPhO Website
Growth of Industry Fellowship Posi,ons 400 375 350 325 300 275 250 225 200 # Fellows 175 150 125 100 75 50 25 0 Rutgers MCPHS All others Total 2014-15 2015-16 2016-17 Source: Analysis of 2016-17 PharmD Industry Fellowships, IPhO Website
Most Common 2016-17 Fellowship Departments (N=378) Medical Affairs 90 Regulatory Affiars 80 Health Outcomes 70 Clinical Research/ Development 60 Mul@disciplinary † 50 Commercial Other 40 Medical Informa@on 30 Pharmacovigilance 20 Medical Communica@ons 10 Managed Markets Clinical Pharmacology 0 Departments
Fellowship Sponsors
Fellowship Applicants: Key Undergraduate Experiences • IPhO involvement • Internship(s) • Industry elec@ves • Membership/leadership posi@ons • Industry (and related) APPEs • Research/publica@ons • Develop and maintain rela@onships No Formula for the “Perfect Candidate”
1 in 5 Fellowship Applicants Succeed • But it is also true that 4 of 5 Industry Pharmacists did NOT complete a Fellowship! • Career Planning Strategy: 3Ps – P lan – P repare Early – P ursue Parallel Paths • Fully u@lize all IPhO website resources
Building Blocks: Start Early Commitment P4 Skills APPEs P4 Applica@ons Polish Organiza,on Research Leadership Decisions P3 P3 Elec@ves P2 Network Internships CV P2 P1 Explore Par@cipate P1 Learn Begin With the End in Mind!
Build and Maintain Your Network • Engage your mentors, preceptors, references, IPhO network and coaches – Collect further advice on opportuni@es, strategies, and next steps • Connect with alumni from your school who work in industry – Express interest and ask if they can help get your resume in front of decision makers for specific posi@ons
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