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How To Create A Lasting Peace Between Biotech Management, Shareholders And Employees

Biotech executives make strategic decisions based on incentives that aren't necessarily aligned to benefit either the company's investors or employees. Three modifications to business as usual would help solve the problem and lead to improvements in the productivity of people and capital in the sector.

By Peter Kolchinsky

The biotechnology industry has a problem: none of the primary stakeholders who make the business work – managers, scientists and investors – are particularly happy with each other. Investors want returns – certainly faster than biotechs have delivered them. Scientists working on early stage programs feel, with good reason, completely undervalued by managers and investors

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