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Thoughts on moving to a pre-IPO biotech company? Do you think that is a better career choice than going to big pharma?

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Pharma/biotech is always a risk. The firm spends $billions on R&D and pray to god that FDA will approve their products/methodologies, etc...

This! Just had a coworker exiting into a smallish Biotech and 2 weeks later they announced that their key trials failed and they had to let go half of the staff.
Maybe there are also upsides, can’t comment on that.

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