This report explores the challenges faced by biopharma Chief Business Officers and the strategic solutions they employ to navigate them. Based on insights from 30 executive interviews, it highlights key obstacles in funding, partnerships, and operations across different development stages.

Navigating the early stages of biotech development is fraught with challenges and opportunities. For preclinical or clinical-stage biotech companies, having the right Chief Business Officer can be the difference between success and stagnation. This article explores the critical timing and reasons for hiring a skilled CBO, whether on a permanent or fractional basis, and how they can propel your biotech company forward.