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

Head of CMC
US$180000 - US$230000 per year, San Diego

Sr. Director of CMC Greater San Diego Area Competitive Compensation + excellent bonus/benefits Du...

Apply now
NPD Quality Engineer
Negotiable, Switzerland

Medical Device company based in Switzerland requires a New Product Development (NPD) Quality Engi...

Apply now
Director of R&D
US$200000 - US$250000 per year + Superb Benefits & Negotiable, Boston

Director of R&D for the Analytical Department Location: Boston Salary: $200,000 - $250,000 + Supe...

Apply now
Senior Scientist
US$90000 - US$110000 per year + Excellent Benefits & Negotiable, Chicago

Senior Scientist - Chemical Development Location: The MidWest Salary: $90,000 - $110,000 + Benefi...

Apply now
Group Leader for Analytical Development
US$115000 - US$125000 per year + Excellent Benefits & Negotiable, Chicago

Group Leader Location: The MidWest Salary: $115,000 - $125,000 + Excellent Benefits An award-winn...

Apply now
Team Lead/ Associate Director - Product Development (Biologics)
US$160000 - US$190000 per year, San Diego

A leading Pharmaceutical organization is looking to enhance its Research and Development team wit...

Apply now
Laboratory Technician
£70000 - £70001 per annum, Switzerland

One of the leading Biopharmaceutical organisations globally is looking to expand and add a Lab Te...

Apply now
Laboratory Technician
£70000 - £70001 per annum, England

One of the leading Biopharmaceutical CDMO's globally is looking to expand and add a Lab Technicia...

Apply now
Senior Technical R&D Scientist
£60000 - £60001 per annum, England

A global leading Biopharma company are looking for an Downstream Process Scientist to join the bu...

Apply now