Nearly 50% Of Venture-Backed Healthcare Companies Have No Women On The Board, New Report Shows

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A new report indicates that nearly 50% of venture-backed healthcare companies have no women on the board

to identify and support female executives seeking board roles. Though Henshaw herself sat on several boards at that time, she hadn’t had to fight for the opportunities; her board seats were part of the deal when her firm committed investment funds. She realized many talented female executives did not get the same chances.

“There’s been an expansion in the healthcare space,” said Feinglass. The resulting human capital needs necessitate expanding the board talent pool. “Considering that boards with greater diversity tend to result in higher profitability, they should start thinking about this as a killer asset, not as a compromise because they have to follow regulation or pressure,” Suennen said.

 

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Should we be surprised? Imagine health companies not having a feminine lens. Is it only men who are expert in health issues which will affect the companies profit?

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