MD-Phd (MSTP): What are the benefits? I have BS in Biotech, an MS in Neuroscience and applying MD-Phd next June. I have always wanted to go into academia and eventually establish my own lab. However, I have been receiving a lot of critical feedback about MD-Phd programs. Suggesting that to be a good Physician, you don't need a PhD, and good PhDs don't need the MD. That most MSTP graduates end up utilizing only one degree. I was under the impression to do good translation research--an MD-PhD would be the best option. What are the befits/disadvantages of applying MD-PhD? 

I know the faculty I would like to work with, already. Would contacting them improve my chances during the application process?
Doing good translational research is hard because it requires a good understanding of clinical issues (both from the patient and carer sides) and a strong research background. In order to obtain those skills you need to spend time in the clinic and time in the lab. An MD-PhD program guarantees that you will have the opportunity to spend time in both environments. It is worth noting that having that opportunity doesn't mean you will capitalize on it. Further, you don't need to do an MD-PhD to have that opportunity.

Another advantage of some MD-PhD programs is that you can get funding for the MD side. If it is what you want to do, saving 100k USD isn't a bad thing. If it isn't what you want, trading a few years of an MD salary for 100k is a bad investment.