RALEIGH-DURHAM, N.C., Feb. 18, 2016 /PRNewswire/ -- Kineticos, in partnership with Ipsos Healthcare and Demy-Colton Life Science Advisors, today announced the Q4 2015 results of the Biopharma CEO Confidence Index, a forward-looking indicator designed to measure C-suite sentiment and confidence in the biopharma industry's economy.
This confidence—or lack thereof—is defined by the degree of optimism within six key business indicators. In summary, 54 CEOs of US-based biopharmaceutical companies expressed more uncertainty in Q4 2015 compared to Q3 2015 in relation to capital markets and deal landscape while the other four areas, clinical development, regulatory affairs, commercialization, and business model and workforce, remained stable.
Here are a few highlights from the Q4 Biopharma CEO Confidence Index:
A more extensive summary of the Q4 2015 Biopharma CEO Confidence Index is available at www.BiopharmaCEOConfidenceIndex.com.
When asked about the results of the Q4 index, executives from all three partner organizations shared a similar sentiment.
Steve Girling, President of Ipsos Healthcare, offered his commentary when asked if the Q4 results were in line with his expectations. "It's too early to call this slip in CEO confidence a trend, but as we know from the last significant market contraction in 2009, development stage company fortunes are inextricably tied to the cycle of the global financial markets. It will be fascinating to see the next wave of results!"
Sara Demy of Demy-Colton Life Science Advisors made a similar observation: "As a conference organizer focusing exclusively in biopharmaceuticals and life sciences, we engage with this audience daily. The Q4 results are completely aligned with 1-1 conversations I've personally had with several biotech CEOs."
Shailesh Maingi, CEO and Founder of Kineticos, also made comments on the broader picture: "CEOs, particularly ones that manage emerging biopharmaceutical companies, must have a long term perspective. The therapies being developed today for oncology, CNS, and immunology diseases reflect the promise of immuno-oncology, gene/cell therapy, pharmacogenomics, and other new technologies. Our confidence index reflects the optimism that biopharma CEOs have over the longer term, albeit at a level lower than a few months ago."
About the Biopharma CEO Confidence Index
The Biopharma CEO Confidence Index, is the first and only forward-looking indicator designed to measure C-suite sentiment and confidence in the biopharma industry's economy. This confidence—or lack thereof—is defined by the degree of optimism within six key business indicators, including:
Measuring confidence through these indicators over time will demonstrate an ebb and flow of market dynamics and confidence in the future success of companies and growth in the overall market.
About Kineticos
Kineticos is a specialized management consulting firm serving the life science industry.
The firm is focused on identifying opportunities to drive strategic growth and achieve operational excellence for its clients in the US, Europe, and Asia. Through its practice areas, the firm has experience working with companies across the life science industry ecosystem. For more information on Kineticos and its capabilities, please visit www.kineticos.com.
About Ipsos Healthcare
Ipsos Healthcare is a fact-based research, consulting and strategy specialist in the global biopharmaceutical industry. For more information, please visit www.ipsos.com/marketing/healthcare.
About Demy-Colton Life Science Advisors
Demy-Colton Life Science Advisors produces highly specialized investor and business conferences exclusively for the biopharmaceutical and life sciences industry. For more information, please visit http://demy-colton.com.
Contact:
Kevin Hampton
Kineticos
919-678-3206
[email protected]
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SOURCE Kineticos
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