Heidrick & Struggles’ Biotechnology team has experience working with research institutes as well as large public biotech, private equity and venture capital backed organizations. Our consultants understand both the leadership requirements and the talent landscape, from start-up executives and well-established public company scientists to top-tier board directors. We maintain an alert eye on the shifts in leadership and hiring patterns.
Recent research has indicated that biotech companies are outpacing big pharma in terms of sales growth, income, investment in R&D, and market cap growth during the past three years. The industry is also seeing a new leadership and talent development models with a number of acquisitions, alliances and in-licensing deals.
This explosive growth has led to an increased demand for executive talent with unique skill requirements of understanding science and leading and managing complex projects. Although the demand for talent has outpaced supply, biotech organizations have shown more ingenuity in accessing and hiring from a more diverse pool of talent sources ranging from academics, big pharma, CROs and consulting.
We leverage our expertise in skills and competency together with our team’s enhanced awareness of culture and context – these key components are critical when building high-performance leadership teams for our biotechnology clients.