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Pharma, Life Sciences & Med-Tech

 

 

 

Pharma is basic care and quality of life. Leaders who shape the future ensure both. For a healthy society.

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Challenges for Pharma, Life Sciences und Med-Tech

The pharmaceutical, life sciences and med-tech industries are characterized by a highly dynamic environment. On the one hand, there are the challenges of patent expirations, an increased focus on evidence and outcomes, rising energy costs, geopolitical instability and protectionism, supply shortages even in primary care, a shortage of skilled workers and increasing demands for sustainable production.

 

More on the challenges for Pharma, Life Sciences & Med-Tech

Research and development: The pharmaceutical, life sciences and medical technology industries are heavily dependent on continuous research and development of new drugs, therapies and technologies. Companies face the challenge of finding innovative solutions as patents expire, while managing the cost and time required to develop new products. At the same time, there is great potential for improved care through robotics and personalized medicine with data-driven monitoring, apps and sensors. Advances in genomics and biomarker research can make treatments more targeted and effective.

Digitization: The use of data analytics, artificial intelligence, and machine learning enables improved research and development, personalized medicine, more efficient processes, and resilient supply chains.

Supply chain and manufacturing: Pharmaceutical, life sciences and medical device supply chains are highly complex. The top priority is to strategically design supply chain resilience in a dynamic geopolitical and regulatory environment.

Global Competition and Market Access: The global pharmaceutical, life sciences and medical device markets are also highly dynamic in geopolitical and regulatory terms. Meeting market access requirements in different countries and taking into account local requirements is a task that needs to be strategically rethought from a risk perspective.

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Need for Action for Leaders

Leaders in the pharmaceutical industry respond to these challenges, turn opportunities into potential, and strategically realign their business models, markets, and supply chains.

More on the need for action by leaders

This requires close collaboration with other companies, research institutions, governments and patient organizations to develop innovative solutions and further improve healthcare. The constant ambidexterity required to operate in an ever-changing environment requires leaders to possess not only leadership competences, such as empathy. They must also be able to communicate a strong and inspiring attitude based on their values.

Searchery supports internationally operating manufacturers, of prescription drugs or of OTC products to generics companies and med-tech companies with executive and professional search. In general management but also in product-related functions along the entire pharmaceutical value chain from research to market launch. We advise on strategic personnel planning and development, from talent management to building a gender-diverse corporate culture. We have practical experience in the design and implementation of management audits, using only scientifically sound diagnostic tools and conducted by experienced psychologists. We also support our clients in aligning competence models for leadership development and selection with future requirements.

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Contact us

 

Philine Cremer

Partner, Düsseldorf

 

Nina Maywald

Partner, München

 

Henrike Simon

Associate Partner, München

About us

 

Searchery is a young Executive Search Consultancy with mandates and projects at both listed and medium-sized companies as well as international start-ups and scale-ups.

Our focus is on executives who shape change in today’s changed corporate and leadership context with future-oriented competences profiles.