The biotech industry offers millennials the same prospects for job security and fulfillment that the healthcare industry offered previous generations. Millennials demand more from their employment. They want it to be meaningful and want to feel like they are changing the world around them.
Biotechnology is a field that is focused on improving human health. It allows millennials to pursue something they love while improving the better good. In the past, the biotech industry seemed like it would be dominated by Big Pharma. Now, revolutionary methodologies used in diagnosing and curing diseases are making the biotech industry the optimal playground for millennial entrepreneurs.
Breaking down Barriers for Millennials Wanting to Break into Biotechnology
A major barrier that prevents millennials from getting into biotechnology is startup costs. Technology is rapidly eliminating this barrier, allowing millennials who are more interdisciplinary than past generations the opportunity to excel in this field.
Millennials have grown up in a world where digital information abounds. For this reason, they are more adaptive and accepting of new concepts and new ways of accomplishing tasks. It’s easier for millennials to partner with established biotech companies and add value to them. For instance, companies like High Q offer many training modules and opportunities for those new to biotech to get started with transporting and evaluating medical and biological supplies.
What Will Biotech Look like in the Hands of Millennials?
Millennials and the biotech industry have the same underlying goal, and the results are already noticeable. There are a number of biotech companies headed up by millennials who are tackling major diseases, such as Alzheimer’s and Parkinson’s.
Regenerative technology is an important part of biotech. Millennials are finding ways to use this technology to help individuals who are scarred by traumatic events, such as a burn injury, to recover and prevent disfigurement.
Qualities Millennials Bring to the Biotech Industry
Biotech startups founded by millennials will have a leg up on their competition. Millennials are fast learners. Biotech industries that connect them with university affiliated programs and alumni networks will see the best results. While millennials are fresh faced, the fact that they have grown up around state-of-the-art technologies means that they are already familiar with them and their theories.
Society benefits from having the best and the brightest tackling the hardest diseases and finding solutions. The biotech industry and the people it will help are counting on millennials to do their part.