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How To Turn Around A Struggling Biotech

Three CEOs Discuss Their Experiences

 
• By Andrew McConaghie

Leaders from three companies that have managed to achieve successful turnarounds offered some advice and encouragement to biotechs weathering the current financial downturn at the recent Jefferies Healthcare conference in London.

Jefferies conference 2022
The Jefferies Healthcare Conference in London; stories of turnaround success will hearten many currently struggling biotechs. • Source: Scrip

The small-to-medium biotech sector has experienced one of its most severe downturns in 2022, with funding drying up for scores of companies and many having to resort to cutting jobs and pipeline programs to survive. (Also see "Orchard and Zealand Join Growing List Of Biotechs On The Ropes" - Scrip, 31 March, 2022.)

How best to deal with the environment was the topic of discussion at the Jefferies Healthcare conference in London on...

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