Ventured Growth with Hercules Capital
Join Hercules Capital in conversations with today’s top CEOs, CFOs, and investors in venture and private equity-backed companies. Learn about their strategies for financing rapid growth and scaling their businesses, as well as their unique interests and life stories that have shaped their paths to success.
Ventured Growth with Hercules Capital
#34 - The Evolution of Biotech Deals: From Pharma Consolidation to Innovation | Stephen Sands
The biotech and pharma industries are rapidly evolving, with mergers and acquisitions driving innovation and growth. As market demands shift, these deals reshape strategies, bolster R&D, and bring groundbreaking therapies to healthcare.
With over 35 years of experience, Stephen Sands has guided high-impact transactions that have shaped the biotech and pharma landscape. In this episode, Janice Bourque speaks with Stephen about his journey from bioengineer to healthcare M&A leader. They examine the forces that drive today’s major deals, from global expansion to complex valuation challenges, and the strategies that ensure success in a competitive market.
Topics Include:
- Key trends and strategies in biotech/pharma M&A
- Challenges in valuing early-stage biotech companies
- Pharma’s evolving role in funding and scaling biotech innovations
- Future outlook for healthcare partnerships and acquisitions
- Stephen’s insights on the future of healthcare M&A
- And other topics…
Stephen Sands is a Senior Advisor in Lazard’s Global Healthcare Group with a distinguished career in healthcare M&A. Known for his expertise in biotech and pharma, Stephen has led some of the industry's most transformative transactions, helping to drive strategic growth and innovation in the healthcare sector.