Magazine Article | January 3, 2023

Why Founder CEOs Deliver In Bear Markets

Source: Life Science Leader

By Sree Kant

Biotech bubbles and subsequent downturns warrant a critical look at the structure of the biotech industry — how it is financed and operated. Unlike in the tech industry, most private biotech companies raising significant levels of cash have been formed by venture capitalists or professional biotech building shops. This comes with a largely formulaic approach of “two years to IPO” from inception, which in a bull market could deliver near-term return on VC investment but not necessarily longer-term value. Downturns like the current one highlight the need to move from an industry built for the next exit to one that’s built to benefit patients by prioritizing the best science and sustainable drug innovation. This will require a cultural shift, and I argue a structural one as well, toward more founder-led biotech companies.

access the Magazine Article!

Get unlimited access to:

Trend and Thought Leadership Articles
Case Studies & White Papers
Extensive Product Database
Members-Only Premium Content
Welcome Back! Please Log In to Continue. X

Enter your credentials below to log in. Not yet a member of Life Science Leader? Subscribe today.

Subscribe to Life Science Leader X

Please enter your email address and create a password to access the full content, Or log in to your account to continue.


Subscribe to Life Science Leader