Basically the title. Wanted to see how the community feels about the near term prospects in biotech and the trade-offs of leaving.
After 1.5 years of working in a large pharma, I got laid off in January, and since then I have been trying to find another R&D role, but didn't have any luck. Due to my industry experience, I fear that I will not be considered by potential PIs for an academic postdoc position. Anyhow, since I am desperate, I am thinking of moving back to academia. With all the budget cuts, I am not sure if there is any hope in academia for me.
Any thoughts or suggestions would be greatly appreciated.
For context, I have a PhD in cancer biology, a 2 year postdoc, and 1.5 y of industry experience. I specialize in early discovery projects that deal with small//large molecules drug development.