
Does Stage of Development Impact Compensation for Biotech Companies?
For our August newsletter, we look at data from biotech companies to see how stage of development impacts compensation for its CEOs. The different stages of development can be categorized into five groups:1) Pre-Clinical 2) First in Man 3) FDA Clinical Trial Phase I 4) FDA Clinical Trial Phase II 5) Commercial Chart 1 shows the median for total cash, founder, and non-founder equity for CEOs by biotech stage of development. Thelander data shows: Chart 2 shows the 75th percentile for total cash, founder, and non-founder equity for CEOs by biotech stage of development. We see the following: Chart 3 shows the median and 75th percentile for CEO total cash across all five




































