R & D Jobs

R & D Jobs

Research and development is a serious investment in time and money – on average, large multinational drug companies spend 17% of their revenues of R&D, while it takes ten years on average to bring a new drug to market. The latest release of DrugBank contains over 13,000 approved drug entries that are available in the global market. According to a report from the World Health Organization there are more than 10,000 types and 1.5 million pieces of medical devices or equipment available today.

Myles Whiting, design team leader at medical device company Owen Mumford, echoes the importance of this collaborative effort in research and development, “Product designers must work with marketing teams to establish unmet market and customer needs, then marketing teams interpret and deliver market context and customer needs to the engineers, who then have the ability to process this into measurable design input. The research and information is gathered, this is then accumulated into a brief which the designer uses to address the market or customer need.”

The Federal Institute for Drugs and Medical Devices (Bundesinstitut für Arzneimittel und Medizinprodukte) (BfArM) is the body that regulates drugs and medical devices in Germany. Technological advancements are proving key in their advancement into the research of medical devices. The emergence of ‘big data’ has “increased quantities of data on offer to the BfArM, giving them the opportunity to quickly gain more insights on medical device risks in the future.” The number
of medical device incident reports received by the BfArM per year has approximately tripled in the past ten years. In 2017, almost 14,000 reports were received, and this number continues to grow thanks to the amount of the amount of ‘big data’ information gathered.

Technological advancements have reduced the cost of research and development – helping to accelerate investment in life sciences – while also creating new opportunities for product innovations as the Fourth Industrial revolution blurs the boundaries between the biological, physical and digital worlds. According to a report by KPMG, the cost of drug R&D will drop by 2030, leading to numerous benefits for the both the industry and consumer in terms of cost savings.

While regulators play catch-up, companies are rushing to capitalise on the booming sector. A recent survey of 543 medical device executives in North America, Europe and Asia by Emergo, suggests the sector is pushing forward with aggressive investment. The majority of survey participants (53%) indicated they would increase their R&D investments over the next 12 months and more than 70% of survey respondents say they will begin R&D efforts on multiple new devices over the next 12 months.

Globally, R&D spending in medical device is anticipated to grow by 4.5% to hit €35bn by 2024. Meanwhile, the pharmaceutical industry is forecasted to reach €164bn by 2022, growing at an average rate of four percent year on year.

EPM Scientific is a global specialist recruitment company working exclusively in the Life Sciences industry. Our expert consultants place talent in the R&D industry in Germany and across Europe.

R&D Jobs

Laboratory Technician
25 days holiday, England

Job Type: Permanent Salary : Negotiable A leading global supplier, expert in Pharmaceutical, Biot...

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Research Analysis Associate
Negotiable, Novato

Research Associate Details: The individual in this role will support the development and qualific...

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In-Vivo Research Associate
US$32 - US$42 per hour + Health, Dental, Vision, 401k, South San Francisco

Summary: A cutting-edge biotech company developing novel gene therapeutics to solve challenging a...

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Scientist II/Sr. Scientist
Negotiable, Rockville

Scientist II/Sr. Scientist - Cell Culture Description: A leader in the development and discovery ...

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Director, Clinical Pharmacology
US$195000 - US$195001 per year, Rockville

A Pharmaceutical company is looking to hire a Director to lead their clinical pharmacology team. ...

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Associate Director / Director / Sr. Director DMPK
£180000 - £180001 per year, San Francisco

Hi Everyone! A growing Biotech company is the San Francisco Bay Area is looking to add an Associa...

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Senior Scientist - Small Molecule Analytical Development
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Are you looking to make your next move? A Biotech company in San Francisco (and potentially the B...

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Director / Sr. Director of Formulation Development
Excellent Benefits & Negotiable, San Francisco

An incredible biotech company is currently looking to bring on a Director / Sr. Director to lead ...

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Temporary DEL Screening Associate
Negotiable, San Francisco

This Research Associate, Molecular Biology role is a great opportunity to work with a growing bio...

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