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"Example is not the main thing in influencing others, it is the only thing.”

Albert Schweitzer

Lundbeck USA Selects Ashton Tweed as the Exclusive Hiring Partner for All Executive and Management Positions in the US

Ashton Tweed is pleased to announce that it will recruit and hire all management personnel for both sales and administration for Lundbeck USA‘s new United States commercial office, headquartered in the suburbs of Philadelphia. H. Lundbeck A/S, a worldwide $1.5 billion (US) Danish company specializing in drugs for the treatment of central nervous system (CNS) disorders, is establishing a US commercial presence by adding 350 employees nationwide.

Lundbeck USA selected Ashton Tweed because of the firm’s extensive expertise in sourcing highly experienced talent from the Life Sciences Industry. PABio (www.pennsylvaniabio.org) included Ashton Tweed’s name in the list of executive search firms provided to Lundbeck when Lundbeck approached the organization about placing their US headquarters in the Philadelphia region. Lundbeck recognized the uniqueness of Ashton Tweed’s service offerings including interim talent and retained executive search and engaged Ashton Tweed as their exclusive hiring partner.

Focusing on psychiatry and neurology, Lundbeck USA (www.lundbeck.us/) is a specialty pharmaceutical company committed to advancing CNS care in the United States by bringing the most advanced products and information to psychiatrists, neurologists, patients, and caregivers. The company has a research center in Paramus, NJ, employing over 120 men and women. Ashton Tweed will help Lundbeck hire 350 additional US employees, including 75 for the Pennsylvania corporate office.

Ashton Tweed’s hiring role for Lundbeck is unique because most executive search firms are hired to fill one position. Ashton Tweed will be filling all executive positions for Lundbeck and will utilize the Life Sciences Executive Talent Bank to fill all pre-clinical to commercialization roles. Ashton Tweed will also serve as the filter for all job applicants and will be responsible for vetting Lundbeck employee referrals.

“In choosing Ashton Tweed, Lundbeck has selected a hiring partner attuned to their needs. Our Executive Talent Bank consisting of highly experienced professionals in key Life Sciences job functions will be utilized to provide the best talent for all roles required. Ashton Tweed’s business model, offering targeted executive search, interim placement, and interim-to-hire services is a unique approach to meeting the needs of companies like Lundbeck and leverages the benefits of multiple hiring options for Lundbeck,” said Jim Rudman, chief executive officer of Ashton Tweed Ltd.

“By selecting Ashton Tweed for this important assignment, we will secure the best talent in the most expeditious manner. Ashton Tweed’s proven record of providing highly experienced talent will ensure Lundbeck’s strong presence in the USA,” said Patrick Cashman, president of Lundbeck USA.

Ashton Tweed has already begun recruiting for Lundbeck positions. Qualified professionals interested in applying for positions at Lundbeck USA should send a resume to Lundbeck@ashtontweed.com.

Read more about the Lundbeck and Ashton Tweed partnership at www.bizjournals.com.

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Thank You to All Who Responded to the Ashton Tweed Communication Survey

Many thanks to those of you who took the time to complete October’s survey on Ashton Tweed’s communications.

A majority of respondents said they read our newsletter, and we have plans to launch a new look for the newsletter in 2007.

87% of respondents replied that the Ashton Tweed website suited their needs well. We hope to bring that number even higher by also unveiling a new website in the new year.

Stay tuned for the changes we’ll implement thanks to your feedback.

Advantages of Interim Employment for Executives

1. Flexibility and Variety - Interim Executives relish the flexibility of a variable lifestyle. The variety of challenges keeps their skills sharp and their business contacts fresh.

2. Fresh challenges - Top people enjoy tackling fresh problems, the opportunity to apply their full skills and see things happen as a result.

3. Avoiding company politics - A surprising number of interim workers cite the benefit of being able to work above the fray of company politics.

4. Good money - For the short burst of the interim assignment, the daily pay is generally better than the scale for permanent workers.

Ashton Tweed Sponsors a Hole at the Inaugural Hubert J. P. Schoemaker Classic Golf Tournament

On Monday, October 30, two members of the Ashton Tweed Executive Team participated in the inaugural Hubert J.P. Schoemaker Classic golf tournament. The tournament was sponsored by GlaxoSmithKline in memory of Philadelphia biotech leader and former CEO of Centocor, Hubert Schoemaker. The event included golf, a dinner and a silent and live auction that raised over $320,000 for Melmark.

Jim Rudman and Jim Laird of Ashton Tweed and Patrick Lee and George Harris of Quaker BioVentures participate in the Schoemaker Classic.

Melmark, a comprehensive multi-service agency for children and adults with developmental disabilities in Pennsylvania and Massachusetts, is a beneficiary long supported by Hubert Schoemaker as his daughter has resided at Melmark for twenty-five years. Melmark’s programs promote independence, self-awareness, and confidence, while offering participants opportunities to make friends and develop personal interests.

Ashton Tweed sponsored a hole at the Waynesborough Country Club in Paoli, PA and the White Manor Country Club in Malvern, PA. The event was so well-received, with a total of 220 golfers and 300 dinner attendees, that the tournament was expanded to two golf courses to accommodate the large turnout. Kevin Scanlon, one of the event’s organizers, expressed gratitude for the generosity of the sponsors and participants saying, “for an event to be this successful the very first year is amazing.”

Jim Rudman, Ashton Tweed CEO, was enthusiastic about the event. “The Hubert Schoemaker Classic was a great way to honor the memory of a man who has done so much to foster the biotech industry in Philadelphia and to contribute to an organization with significant meaning to him. Ashton Tweed is pleased to have the opportunity to support this event with the gold sponsorship of a hole. We look forward to next year’s successful tournament.”

Due to the event’s success, plans are already underway for next year’s tournament which will again be held at the Waynesborough County Club in Paoli, PA and White Manor Country Club in Malvern, PA. Next year’s event will take place on October 22, 2007.

To learn more about Melmark and the event, please visit the Schoemaker Classic page.

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New on the Ashton Tweed Website

Ashton Tweed has updated its website to include information on the Ashton Tweed Commercialization Management Group (CMG). Read about CMG's services.

Industry Trends

The Economist profiled the current American workplace in its October 7, 2006 issue. Some key findings include:

1. The type of labor in demand is undergoing a transformation:

According to cKinsey Consulting, the number of jobs requiring “Tacit interactions” or complex interactions requiring a high level of judgment have grown 3 times as fast as employment in general. These jobs make up 40% of the American labor market and are 70% of the jobs created since 1998.

2. American companies need succession planning:

RHR International consultancy claims America’s 500 biggest companies will lose half their senior management in the next 5 years.

Execunet found in a survey of 129 executive recruiters that Healthcare was the number one industry expected to generate the greatest growth in executive level jobs for the end of 2006.

Jordan Warshafsky Presents on Interim Talent at the NJ Center for Biomaterials Symposium

The advantages of Interim Talent were among the topics covered in Ashton Tweed partner Jordan Warshafsky’s November 8 presentation to the NJ Center for Biomaterials (http://www.njbiomaterials.org) 8th New Jersey Symposium on Biomaterials Science. The biennial symposium held November 8-10 in New Brunswick, NJ offered leading biomaterials researchers the opportunity to present their recent findings to academic and industrial participants. The symposium also included the New Jersey Center for Biomaterials awards to distinguished researchers and entrepreneurs, extensive poster sessions, and a social event at Rutgers Zimmerli Museum.

Jordan presented at the event’s Industrial Members Day, a session designed to bring together participants in the Industrial Membership Group as well as Rutgers graduate students. The Industrial Membership Group facilitates industry research partnerships with Rutgers University. Jordan, who is experienced in the biomaterials field, has been a member of the Industrial Membership Group for six years. Ashton Tweed is the only interim and executive search firm to belong to the NJ Center for Biomaterials. Ashton Tweed was also the recipient of a new member recognition award.

Carmine Iovine, COO of the New Jersey Center for Biomaterials (NJCBM) Industrial Membership Program, introduced and moderated the session including a series of four diverse case histories of industrial-academic collaboration. The case histories detailed interactions with NJCBM by REVA Medical Inc. of San Diego, CA on development of radio opaque biodegradable cardiovascular stents; by Lux Biosciences of Jersey City, NJ on biodegradable polymers for ophthalmic drug delivery; by Apogee Technologies of Norwood, MA on microneedle systems for transdermal drug delivery; and by Osteotech of Eatontown, NJ on orthopaedic implants.

The Industrial Members Day session also highlighted several opportunities for partnering with companies and universities in the United Kingdom. Carole Kantor, NJCBM's Associate Director, profiled the White Rose Health Innovation Partnership (HIP), a Yorkshire, UK- based initiative that seeks to stimulate more effective innovation in the global healthcare market. Rutgers, New Jersey Institute of Technology, Princeton, and University of Medicine and Dentistry, New Jersey are working with the White Rose HIP to link existing networks, such as Biotechnology Council of New Jersey and New Jersey Technology Council, with academic-based research centers both in the US and in the UK. In the future, HIP will be funding a series of open innovation workshops, technology watch seminars, and demonstration projects.

"I am delighted that NJCBM is leading Rutgers' participation in the White Rose HIP. The technologies developed by NJCBM faculty are ripe for development, as evidenced by the existing licenses, and the HIP is a conduit for linking to other receptive academic collaborators and potential licensors," said Kantor.

Rounding out the session were presentations by Gagan Lushai, network director of BioApproaches SouthWest, an organization that supports business and professional development in the UK's southwest region Life Sciences and biotechnology sector, and by Bill Healey of Healthcare Institute of New Jersey about single use medical device legislation.

For further information about the NJCBM's Industrial Membership Program, please contact Carmine Iovine at iovine@biology.rutgers.edu.

For more information on the benefits of Interim Talent, please visit www.ashtontweed.com.

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Interim Employment in Life Sciences

“Our Executive Talent Bank consists of highly experienced professionals in key Life Sciences job functions and provides the best talent for all roles required.

Ashton Tweed’s business model, offering targeted executive search, interim placement, and interim-to-hire services is a unique approach to meeting the needs of companies.”

Jim Rudman,
CEO, Ashton Tweed
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