Biotech CEO Sisterhood’s Post

𝐀𝐧𝐧𝐨𝐮𝐧𝐜𝐞𝐦𝐞𝐧𝐭: Today BiotechTV is announcing a new channel dedicated to the Biotech CEO Sisterhood - a community of 300+ leaders in the biopharma industry. The Sisterhood's channel will be an online home where members share their experiences for a broader audience, and to encourage the next generation of women to be leaders in biotech. "These are some remarkable leaders, and the world needs to get to know them a little more." Bookmark it: https://lnkd.in/gDKECTvZ BiotechTV is brought to you by: Mispro | Breakthrough Properties | HSBC Innovation Banking | NYSE | Allucent | Klein Hersh

It's not a new topic, but an important one to keep front and center. Female-founded biotechs received less than $6B out the nearly $30B biopharma VCs distributed last year - with wide ranging ramifications for the health and wellness of half of the global population. And it all starts with who holds the checkbook. More women VCs --> more funding to women led companies + more women on boards + more women on executive teams. More in Endpoints News today. https://lnkd.in/eBJFcuTi

"Female-founded biotech and pharma companies got less than $6 billion out of the $29.9 billion that biopharma VCs doled out in 2023, according to PitchBook....Female investors at the partner level make up about 19% of the broader venture capital community. And we wonder why women's health as a category has been severely underinvested in to-date! And the numbers are still out of balance for Board Membership: "Companies with diverse boards have better outcomes and are more productive when women are involved, said Christiana Bardon, co-managing partner at investment firm MPM BioImpact. Gender-balanced boards 'are almost 20% more likely to have enhanced business outcomes,' per a report from the United Nations’ International Labour Organization." As an proud investor in a women-led biotech firm, I urge all Angels and VCs and Board Chairs in life sciences to pay attention to this massive gap. It is not a DEI issue. It is a performance issue. #womeninbio Women's Equity Lab Women Get On Board Inc. (WGOB) CELS - Canadian Entrepreneurs in Life Science #angelinvesting Ontario Bioscience Innovation Organization (OBIO) Life Sciences Ontario #womeninvestors Noa Therapeutics Tenomix Inc. ThinkrBelle HDAX Therapeutics BioMimir Sayeh Radpay Lisa HeathAndrea Bielecki Gifftid Meryeme Lahmami Alison Twiner TIAP - Toronto Innovation Acceleration Partners Stacey D'Angelo

GBH News is shining a spotlight on female leaders in biotech. Hear from female CEOs about the challenges they’ve overcome, the impact they’re making, and the future of the industry. Watch the full series: http://bit.ly/4fRGmB1 #WomenInSTEM GBH

Thanks to Kyle LaHucik of Endpoints News, who always makes it a “point” to cover stories like these, and has strongly supported the #BiotechSisterhood since our inception. As a longtime CEO, serial entrepreneur, board member and former VC partner, I have firsthand experiences with the challenges of “leading while female”, especially a Latina female. I’m proud to be on the Executive Board of Biotechnology Innovation Organization, and vice chair of the BIO Emerging Companies Section, where we are working hard to make things better for small companies, where the vast majority of female and otherwise underrepresented CEOs reside.  We are giving voice, influence and community to emerging leaders, aiming to increase their success rate, and in the process, bring to market desperately needed innovative treatments for patients. More diverse investors who are the decision makers are needed to make this happen. Kyle is a steadfast and longtime champion of under-represented leaders in biotech, whether it be women, LGBTQIA+, people of color and others. Those of us who have long understood that diverse leadership teams and communities perform better and do more with less are very fortunate to have him in our corner.  We need critical mass to effect change, and we need to band together. #patientsfirst #BetterBiotech #BetterBoards #VentureCapital #ItsAboutTime #innovation #entrepreneurs

“Somebody like myself, who has been in the industry now investing for about 20 years, if i’m not going to be focusing on bringing the next generation of women forward, then who will be? It really does have to be a deliberate effort.” Investors say more could be done to improve gender diversity in the life sciences investing sphere. VC firms and other investors help influence what disease areas and drug modalities get funded, what boardrooms look like and who leads companies. Groups like Women in Bio, Breaking 7% and Series 2X are looking to bring more women into investing, leadership posts and board roles. Investors say there are also discrepancies in who gets the money. “I’ve seen guys leave a big bulge bracket firm with a billion dollars of capital ready to go. They’re not that good and they blow themselves up. So ultimately your numbers are your numbers, but again, perhaps they have easier access to capital than women.” More below in Endpoints News based on interviews with Beth Seidenberg, Jeni Lee, Karen Hong, Rafaèle Tordjman, Christine Brennan, Christiana Bardon M.D. and others: #biotech #venturecapital #investing #femalefounders #femaleentrepreneurs #femaleinvestors #womeninfinance #womeninbio

Over the last 7 years we’ve built Theolytics from concept to clinic. Thank you Hays and George Costard for inviting me to share some of those experiences last week on such a lively, relevant Biotech Executive Event panel! One key reflection - as long as we remain a minority in leadership roles, women championing other women in biotech can only go so far, so fast. It takes conscious effort from all of us to ‘level-up’. That’s:  💪 courageous founders starting-up 💸 active investment choices  ♀ Boards hiring and supporting female leadership 🔍 search firms going the extra mile to find and promote diverse talent 🚸 partners stepping up to share responsibilities at home, and  ⏩ radical change in company and government policies driving flexible work arrangements and access to childcare. Kudos to my fellow panelists Robin Wright FCA CSOP, Rafiq Hasan and Matthew S. Jones for sharing some of the tangible ways that they’ve promoted and championed female leaders as we work towards a more equitable biotech ecosystem. #Biotech #leadership #equity

🦸♀️ Announcing our Women in BioCapital Champions 🦸♀️ Between 2019 and 2023, women’s representation in UK VC fell flat at only 30% and those women are twice as likely as men to be in non-investment positions (The Equity Record 2023, Diversity VC). It is unsurprising that these statistics percolate with only 1.8% of capital going to women founders in Europe (European Women in VC, 2023). 💪 So, we're on a mission to change the status quo with Women in BioCapital, a community of women investors in the life science ecosystem focused on representation, empowerment and allyship. 🌎 We are delighted to share that the Women in BioCapital community is championed by an esteemed group of ten Partners spanning the UK, North America and Europe. We are immensely grateful to Diana, Francesca (Check), Hanadi, Jia-Yi, Julie, Pamela, Rika, Susannah, Vanela and Vivien for their support of this initiative. 🧬 Collectively, our ten Women in BioCapital Champions lead investments across the whole spectrum of life sciences including #AgriTech, #ClimateTech, #DigitalHealth, #LifeScienceTools, #MedicalDevices, #TechBio and #Therapeutics. Spearheaded by Sonal Pai of First Spark Ventures, the Women in BioCapital community has already welcomed over 75 women life science investors at all stages from Junior Analyst through to Managing Partner. After summer, we'll be sharing details of future events with the community so if you are an active life science investor and would like to get involved with Women in BioCapital, apply to join the #BioCapitalNetwork here 👉 https://lnkd.in/eepcRVXQ If you are interested in collaborating on and sponsoring a Women in BioCapital event, get in touch with our Head of BioCapital Network and Partnerships Lead Matthew McCann. Women in BioCapital is a sub-community of the #BioCapitalNetwork, an initiative of the Science Entrepreneur Club. #womeninbiocapital #diversity #venturecapital #lifesciences

As we mark InternationalWomen's Day, we are thrilled to share insights by Jason Murrell published by KBI.Media, reflecting on this year's potent theme: 'Inspire Inclusion'. "The gender imbalance in cyber security is more than a challenge; it's a call to action that touches me personally. As a father, the thought of a future where our daughters are not bound by gender in pursuing their ambitions is not just a dream—it's a goal I'm committed to achieving. "Diversity enriches our collective intelligence and creativity, making dismantling barriers against women in cybersecurity imperative. From integrating cyber security lessons into school curriculums to highlighting varied career paths, we must spark an early interest in young women. "This year, as I humbly take on the role of a judge at the AWSN - Australian Women in Security Network Awards, I am reminded of the significance of mentorship, scholarships, and internships in nurturing female talent. These initiatives are critical in building a culture that welcomes and celebrates women's contributions in our field. "Let's commit to making the cybersecurity sector a beacon of support and opportunity for women. Our actions today will lay the foundation for a future where our daughters and all young women aspiring to this field find a career and a calling. "Together, we can transform the cyber security landscape, ensuring it's a field characterised by excellence and equality. Let's inspire inclusion, not just for the sake of our daughters but for the prosperity of our collective future in cyber security." Jason Murrell + Tom Finnigan + Karissa A. Breen #InternationalWomensDay #InspireInclusion #CyberSecurity