Industry news -

Upswing in biotechnology

The Corona pandemic slowed down the pharmaceutical industry in 2020. The biotech sector, on the other hand, is currently experiencing a major upswing. Not only the developers and manufacturers of Covid 19 vaccines are benefiting from this.

According to Oliver Schacht from the Bio Deutschland industry association, there were 19 new companies founded in the industry last year. Of these, 10 were in the two strongest biotech regions of Baden-Württemberg and Bavaria. Nationwide, there are currently 710 companies - 55% of which are in the medical sector - with nearly 37,500 employees. This is an increase of 10% compared to 2019. In addition to some large biotech companies, most are typical startups, reports Oliver Schacht.

Biotechnology - the need for personnel

According to Handelsblatt, biotech companies are looking for more employees than ever before. The job portal Stepstone recorded almost 40% more job postings in this area in the last quarter of 2020 than in the same period of the previous year. Not only laboratory specialists are being sought, but also production staff, experts in quality control and regulatory affairs, sales staff and IT specialists.

Biotechnology - Slowdown due to shortage of skilled workers

This high demand for personnel could act as a damper on the upswing. According to a DIHK economic survey in fall 2019, 56% of companies see the shortage of skilled workers as the greatest risk to their business development. The days when applications piled up on the desks of HR departments as if by magic are over. This also applies to the biotechnology sector, which is vying for applicants in the highly competitive labor market. Medium-sized and small companies in particular often lack the necessary resources to proactively and systematically scour the job market for suitable talent.

BESTMINDS Executive Search supports you in filling open vacancies promptly and accurately. Marianne Jaschke is the BESTMINDS expert in the direct approach and recruitment of specialists and executives in Life Sciences and specifically in biotechnology. Contact us to find an efficient solution to fill your open position.

Marianne Jaschke

Senior Partner Life Sciences

T +49 761 888 51 23 30

jaschke@bestminds.de


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