BioCentury
ARTICLE | Product Development

Rise of the first-time biotech CEO

The management crunch in biotech is creating a heyday for first-time CEOs

December 20, 2019 4:04 AM UTC

A shortage of management talent is creating opportunities for more first-time CEOs to experience the top job. While this could open the door to more diverse executive teams, there’s no sign of that happening organically.

Skyrocketing company formation has made seasoned leaders a rate-limiting commodity. VCs talk of the headache in putting together the right management team, which is often a major determinant of success...