The value of a non-exec director for Life-science SME’s and when to appoint one…..
Whilst the remit and expectations of a Non-Executive Director have significantly broadened over the last 25 years, owing primarily to...
The most common question I’m asked in my line of work as a headhunter, by candidates and clients alike is “How’s the market?”
This can often mean one of a multitude of things
…are companies recruiting?
…are there candidates available?
…how are the salaries looking, for someone my level?
…are you guys busy?
Whilst these are all perfectly blameless curiosity questions, the answer to ALL of them is found in a more fundamental question of “How is our market viewed from those outside of it?”
How much interest is there in the life sciences and healthcare market from investors and external influencers?
As far as I can see, there is as much appetite as ever for investment in the life sciences sector, despite the well-documented uncertainties going on around us.
As of the start of this year, a total of nearly £2 billion has been raised in just over 2 years through life science IPOs, not to mention the success that privately-owned businesses have had in securing seed investment through to category A-C.
We have seen a number of our client businesses succeed in securing funding for developing their business and commercialising their technologies, and it has been great to contribute to that growth through the acquisition of outstanding talent.
Outside of the institutional investors there are a myriad of public funds handled by finance houses on a regional basis and the terms of investment have improved significantly over the last few years to enable a wider range of businesses to succeed in our growing market.
At the other end of the scale, there has been a greater degree of merger and acquisition activity that has happened over the last 3-5 years, with some record deals taking place. This incentivises those founders with a growth mind-set to visualise an end goal for their entrepreneurial spirit.
Through our work in the market, we have gained a good understanding of the funding streams available and a better handle on the kinds of investors who suit businesses at different stages of their growth.
If you would like a confidential steer on this, then please feel free to reach out via the contact details on our website