Analysis shows that careers abound for PhDs outside academia in the 1990s.
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Dibner, M., Sollod, C. From bench to business: Career opportunities in biotechnology. Nat Biotechnol 15, 958–960 (1997). https://doi.org/10.1038/nbt1097-958
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DOI: https://doi.org/10.1038/nbt1097-958