McKinsey August 26, 2021

How can biotechs and investors succeed in the future? To scale up innovation, industry stakeholders need to focus on several key areas.

Biotechs and investors seeking to build companies that achieve scale and success at bringing innovative assets to market should take the following steps:

  • Go global. Be open to following talent, money, and opportunities beyond your home country and region. Go East or West, particularly to the United States and China, to build a global organization, global networks, and global credibility.
  • Think unicorn. Focus on securing cornerstone investors, and don’t shy away from large investment rounds.
  • Stand out. Differentiate the company to attract, grow, and retain the talent...

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