CEO-as-a-Service boosts biotech startups

The shortage of experienced leadership is a significant barrier to growth and innovation, and CEO-as-a-Service could revolutionise how the biotech industry navigates their development and commercialization challenges.

"Scientists might not always grasp the market's demands, making it vital to have an experienced CEO to steer the company," Lim explained. This service aims to provide a 'plug and play' leadership solution, allowing startups to leverage the expertise of industry veterans precisely when needed. "It's not just about having a PhD or street smarts," Lim stated, emphasising the necessity of understanding the final market, including regulatory and reimbursement pathways, for the success of biotech ventures.

To bridge the gap between scientific research and commercial viability in biotech, Lim suggested convening dialogues among stakeholders from various sectors. These discussions, often held off the record at global conferences or summits, facilitate the exchange of ideas and identification of potential solutions and financing avenues.

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