HireMinds Biotech Dish

Welcome to the May edition of HireMinds Biotech Dish, where our team brings you the latest insights and updates from the world of Biotech, covering news, talent market insights, and job interviewing tips. Our stories are designed to keep hiring teams and job seekers informed in today's fast-paced and evolving Biotech hiring landscape.

First, in major legislative news, The U.S. House of Representatives voted in May to advance, and are hopeful of passing, the BIOSECURE Act bill before the July 4 recess. This would set it up to be included in a year-end must-pass legislative package.

"The BIOSECURE Act was written by leaders of the Select Committee on the Chinese Communist Party, in response to fears that Chinese biotechnology companies could threaten U.S. national security if they give the Chinese government access to sensitive health information about Americans." STAT (Paid)

An overview of the BIOSCURE Act applauded by John F. Crowley, President & CEO of BIO and an extension on cutover for biotechs to switch over applauded by BIO Board memenber and Seaport Tx, CEO Daphne Zohar:

While legislators should be applauded for the common sense industry shift to security the pandering while raiding the cookie jar (stocks) is awe-inspiring at this point: Endpoints

In what ways do you believe this new Bill could reshape the Biotech ecosystem regarding contract (CRO/CMO/CDMO) partners?

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Alphafold 3 is here and it's AMAZING!

"AlphaFold 3 allows scientists to put a range of biomolecules — amino acid sequences for proteins, DNA or RNA sequences, and SMILES strings for small molecules — into the model and generate a prediction about how those components interact."

Results in 10-60 Seconds??? - "He[MH2]? referenced the 1990s, when a wave of startups like Vertex first started trying to design better drugs by knowing the structure of the target. That approach requires crystallized structures of how proteins, small molecules and other molecules fold and interact. Many times, those crystal structures can take years to get in the lab, if they can be done at all.

“With AlphaFold 3, we don’t need to do that experimental structure resolving,” Jaderberg said. “We can just use the model. Instead of months or years, we get a structure out in a matter of seconds.”

That can make it easier and faster to rationally design molecules, according to Jaderberg, who said the model typically takes 10 seconds to 60 seconds to generate a prediction, with the time depending on the complexity."

This powerful modeling technology could increase the use of gene editing technology and enhance efficiency. Our team has heard from experts in thespace and it sounds like it could revolutionize the way we edit genomes. What are your thoughts?

Endpoints

What's hot for ASCO 2024? We polled our network for quick thoughts and here are some of the hottest topics to watch for. Did we miss any?

If you are attending ASCO chime in with the top stories you are following or presentations you see during the conference May 31st-June 4th in Chitown.

Did you catch the amazing Tom Brady Netflix roast this month? Nikki Glazer killed it!

If not, you should check it out, - but it is NSFW!

If you are the resident "class clown" at your company you should ask for a raise!...As this HBR story accounts for The Benefits of Laughing in the Office.

“When you start to laugh, it doesn’t just lighten your load mentally, it actually induces physical changes in your body,” the Mayo Clinic explains. It enhances your intake of “oxygen-rich air,” increasing your brain’s release of endorphins. It “can also stimulate circulation and aid muscle relaxation, both of which can help reduce some of the physical symptoms of stress.”

Lastly, a great "sign" that the future of science is in the capable hands of the dreamers of tomorrow: from Chris Clancy's daughter's Chorus Concert.

In Biotech's uncertain times, HireMinds continues to be a solution-driven Biotech talent partner. With two decades of expertise in Biotech and Marketing placement, we've earned accolades including Forbes Best Executive Recruiting Firms 2023 and Inc5000's Fastest Growing Companies.

Your company's success relies on its people. HireMinds is here to secure the best minds for your mission to help patients. Don't miss out on amazing hires and the passive talent market our team offers our Biotech clients. Partner with HireMinds for faster and more efficient Biotech talent recruitment in 2024.

We service clients across therapeutic areas and modalities including Biologics, Small-molecule, RNA, Gene Editing, and Cell and Gene Therapies in top hubs in the U.S. including Boston and San Francisco.

Reach out to the HireMinds team today to discuss your hiring plans and Hire the right Minds!

Chris Clancy | Tricia Hanley | Gabrielle Sacco

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