Has anyone been through an acquisition on the biotech side? Which functions are typically kept and which ones are let go? Trying to prepare for what might happen. I’m in the corp strategy side (AD-D level). Thanks!

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From what I’ve seen, it REALLY depends on the individual situation.

I’ve worked on diligences/post-merger work where the acquisition was made for the biotech’s insanely robust sales platform and network and their commercial platform was kept intact completely. I’ve worked on others where commercial was gutted, and they just kept R&D staff.

I’m happy to run through scenarios in details in the DMs

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I’ll send you a DM!

Corp strat / portfolio strat will probably end up being cut. BD will also be let go for the most part (maybe select folks would be kept)

Sounds like I may want to brush up my resume lol

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