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Despite layoffs, scientists in high demand

Good news for scientists and researchers: despite a number of layoffs and hiring freezes, there is still high demand in the biotech industry. And human resources managers are going above and beyond to attract good talent. 

Cambridge-based Millennium Pharmaceuticals and Cubist Pharmaceuticals are among the companies planning to hire more employees. Over the next 14 months, Millennium--recently acquired by Japan-based Takeda--will hire 300 people, including data managers, oncologists and salespeople, according to a report in the Boston Herald.

While the job market may be waning in some states, Massachusetts seems to be at the center of the biotech expansion. The state recently approved a $1 billion economic incentive package for the life sciences industries, and new companies are relocating to Massachusetts while others are expanding their operations. According to a report from MassBio and the Massachusetts Life Sciences Center, 85 percent of the state's life-sciences employers expect to expand in the next two years. And apparently finding life sciences candidates is difficult: 90 percent of employers surveyed said they had difficulty hiring clinical research staff.

Millennium has begun advertising its job opportunities on a billboard near Boston's Museum of Science. Not one to shy away from competition, the company has also decided to strategically place advertisements inside Cambridge subway stations located near other life-sciences companies, as well as inside shuttle buses that transport workers to and from various biotech research centers.

- read the Boston Herald report

Related Articles:
Report: Mass. needs more biotech workers
Mass. ponders how to hand out $500M
Canada short on biotech workers
MedImmune to hire 800 in pipeline push
Massachusetts - Top Five Regions Targeting Biotech, 2008

More stories about Takeda   Millennium Pharmaceuticals   Massachusetts   Cubist Pharmaceuticals   biotech jobs  

Comments

If scientists are in high demand then why the layoffs and outsourcing? Let's hear the percentage of Millennium Pharmaceuticals new hires holding PhDs in science.

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