Ashton Tweed has created the first Executive Talent Bank for the Life Sciences.

 

Exploring Opportunities for Interim Executives in the Life Sciences Sector

May 15, 2005

Jordan Warshafsky brings more than 25 years of experience in the Life Sciences sector to his association with Ashton Tweed. As a senior executive at the corporate and division level within pharmaceutical, biotechnology and medical device companies, he has successfully led efforts in business development, global marketing, and strategic planning.

With this background, Jordan is familiar with the development continuum that a life sciences company undergoes as it builds its business. He says, "Although there are no hard and fast rules, every life sciences company goes through a number of phases from conception to product delivery, many of which require focused skills for a limited duration. These are situations where Interim Executives can add real value to an emerging Life Sciences Company."

For example, regardless of the particular product, every company in this field must meet regulatory requirements. An interim executive with a background in the regulatory arena can save a company both time and money by assisting a company to plot the best course of action to achieve compliance and to avoid common pitfalls. They will know how to structure the budget, deal with regulatory agencies and write grant proposals. Experienced executives, who have been through the process before, can also add value to the research process, product development, manufacturing and marketing strategy.

"This is an industry where previous experience has tremendous value," says Jordan. "Knowing how to navigate the complex regulatory process, plan trials, analyze statistics and set up manufacturing can be the difference between success or failure for a Life Sciences Company."

Jordan teamed up with Jim Rudman at Ashton Tweed about 6 months ago as a Principal of Ashton Tweed's Life Sciences Practice. "An initial conversation about a job search evolved into a dialogue about Interim opportunities in the Life Sciences," says Jordan. "Our expertise in this area fits together well. I know the business from the inside. Jim is an expert in the Human Capital side."

Jordan sees Ashton Tweed's Associate Program as a real differentiating factor. "Jim is really involved with potential candidates. He gets to know them and develop a sense of how they will work in various situations. This means we can place people successfully."

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