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Camargo Pharmaceutical Services, which specializes in 505(b)(2) approval pathway drug development, has tapped academic organizations close to its Raleigh, NC site in a unique internship program. According to Duke University's postdoctoral services office, which is one university partnering with Camargo on this program, historically, PhD students and postdoctoral researchers were training for tenured faculty positions, but now only 20% of graduates with a PhD will go on to tenured academic appointments. With the decrease in academic appointments, more graduates with a PhD are looking for positions beyond academia and that includes positions in pharmaceutical research.
Read the full release here.