Happy holidays! This is our Regulatory Landscape newsletter for December 2023 with our monthly insights on the evolving market for Regulatory professionals.
For the month of November there were approximately 70 new Regulatory positions posted at smaller biotech and pharma companies in the US. This is up 24% from last month but down 20% from November 2022.
About 62% of these new positions in November were in Clinical Regulatory Strategy and 15% were in CMC Regulatory, 16% were in Advertising, Promotions & Labeling, and 7% in Regulatory Operations. More than 70% of these roles were at Director level and above. There were 10 new Regulatory VP/SVP positions posted in November.
28% of all new Regulatory roles in November were posted as Remote and about 7% were Hybrid (remote/onsite). 28% of the November Regulatory positions were in California with another 28% in Massachusetts.
There were layoffs announced at 22 biotech and pharma companies in November.
In order to understand hiring plans for the coming year, Dennis Partners conducted a survey of senior industry executives regarding their anticipated hiring strategies for 2024. You can view the results of that survey here: https://dennispartners.com/market-research/hiring-outlook-for-regulatory-affairs-professionals-in-2024/
We wish you and your loved ones all the best for the holidays and the new year! Please consider us for your Regulatory hiring or let us know if you are considering a career change soon.