Networking and building relationships is important in almost any professional field. Patrick McKillop is a finance professional who has worked for several different companies in Boston, Massachusetts and New York City, New York. He made important connections while working with Cowen & Co, Summer Street Research Partners, Rodman and Renshaw, and the Maxim Group. He has excellent socializing skills and strives to use those skills to network and bring people together. He enjoys finding new opportunities, and many great opportunities can be discovered through networking. Building connections and relationships is especially important in the biotechnology and pharmaceutical industries.
Biotechnology is an industry with many facets. It involves the science of developing a new treatment, drug, or therapy as well as the funding that is essential to the production of that treatment or therapy. Biotechnology also involves marketing, advertising, and the medical community. Due to the many factors that are involved in biotechnology, networking is essential. Once a biotechnology company has discovered a formula for a drug or a treatment, they often begin looking for investors. In order to proceed with their trials, many laboratories require funds that they may not have. That funding is obtained through making important connections in the pharmaceutical world. Scientists, or representatives of the scientists need to solicit large research companies for funding.
After an equity and investment research company, such as Summer Street Research Partners, has facilitated investments in a biotechnology company, the next step of networking begins. Either more investors need to be found, or the product needs to be advertised to the medical community. Networking can accomplish this. Professionals who are affiliated with these groups may then build relationships with other professionals in the medical and business community. This could help get the medication or treatment the recognition it needs to be successful once it earns its FDA approval and is released to the public.
Building relationships and having a large network in the biotechnology industry is vital to success. It is a great way for financial professionals to discover new investment opportunities for their firm. It is also a great way for laboratories to earn funding they need to test and produce their treatment or therapy. This balance helps companies produce products and successfully release them to the public. A high level of networking can be accomplished by joining professional associations, maintaining good relationships with previous employers, and attending conferences and conventions that relate to your industry or field.
Industries such as biotechnology are huge and are filled with new biotechnology labs. Science is regularly evolving and new drugs are continually being created. Patrick McKillop of Pembroke is a financial professional who lives in MA. He has worked with many biotechnology companies and is always looking for an opportunity to build professional relationships in his field.