Although regarded as a booming industry, the number of women recruits in biotech, let alone in high-ranking positions, is low. Despite progress over the years, a recent report states that only 34% of executive teams and 20% of CEOs are reported to be women in the biotech industry, with even lower figures for women of color and LGBTQ+ women.
Owing to a gender disparity in pay, burnout, biases and a lack of funding for women-led biotech among other challenges, there is potentially a crisis with women more likely to not be retained within the sector.
Despite these challenges, women leaders in the biotech sector are emerging stronger and being regarded as role models for those who want to establish a career in biotech research and development.
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