Pharmaceutical, Biotech, and Healthcare Industry News
The future of pharma shines through a compelling story about clinical trial transformation. FDA-approved trial participants were 84% white in 2014, but this number dropped by a lot to 50% by 2023. This change shows our industry’s new approach to diversity. The pharmaceutical industry now experiences unprecedented...
In the quest for innovation, the pharmaceutical industry must also navigate complex ethical considerations. Diversity in drug development teams plays a crucial role in ensuring that ethical standards are upheld while driving scientific progress. he Ethical Imperative of Diversity – Diverse teams bring varied perspectives,...
Diversity in clinical trials is not just a matter of equity—it’s crucial for developing safe and effective treatments for all populations. Historically, clinical trials have often lacked representation from minority groups, leading to gaps in understanding how drugs affect different populations. The Importance of Diversity...
Generation Z, born between the mid-1990s and early 2010s, is entering the biotech workforce with fresh perspectives and high expectations for diversity and inclusion. As the most diverse generation in history, Gen Z is poised to significantly impact workplace culture in the biotech industry. Characteristics...
In the fast-paced world of biotech, fostering an inclusive workplace is not just a moral imperative—it’s a business necessity. Employee Resource Groups (ERGs) have emerged as powerful tools for promoting diversity, equity, and inclusion (DEI) in the industry. Let’s explore how ERGs are transforming biotech...
The biotech industry, known for its cutting-edge innovations, has long struggled with a lack of diversity in its leadership ranks. Mentorship programs have emerged as a powerful tool to address this issue, providing support, guidance, and opportunities for underrepresented groups to advance in the field....
In today’s interconnected world, pharmaceutical companies are increasingly operating on a global scale. This internationalization brings tremendous opportunities but also significant challenges, particularly when it comes to managing culturally diverse teams. Understanding and effectively navigating cultural differences is crucial for success in the global pharmaceutical...
In the fast-paced world of pharmaceutical startups, creating an inclusive culture isn’t just a moral imperative—it’s a strategic advantage. Diverse teams are more innovative, make better decisions, and are better equipped to serve a global market. This article will guide you through the process of...
In recent years, the pharmaceutical and biotech industries have been at the forefront of innovation, not just in drug development and medical breakthroughs, but also in how they approach talent acquisition. As these sectors continue to evolve, so too does the need for diverse perspectives...
If you’re hiring for a pharmaceutical or biotech company, or you work in human resources at a business in one of these niches, you’re likely aware that many employees from marginalized backgrounds struggle to find their footing in STEM professions. You can go the extra...
