Phase 3 SearchSEARCH
The Practice · Executive Search & Advisory

We build the leadership teams behind biotech platforms.

Retained search and board advisory for biopharma's technical leadership. CMC and Quality is our discipline. Executive search is our craft. Every engagement begins with a diagnostic.

112+ placements · 13 years · $7.3Bn+ aggregate client exit value · 125+ assets moved toward launch

The Method

Most searches start at the slate. Ours start earlier.

Before we define a search profile, we work with the board and CEO to understand the company's stage, dominant operational risk, and the leadership mandate the role actually carries — not the one written on a job description.

The Phase 3 Diagnostic

What the role is for, before what the role looks like.

We interview the board, the CEO, and the operating team across three lenses: the company as it is today, not what the deck says it is; where the board, the investors, and the ownership group need it to be over the next eighteen to thirty-six months; and where the stakeholders actually disagree about what the role requires.

We surface the gap. We rewrite the role profile. Then — and only then — we run the search.

The diagnostic is the product. The placement is the output.

0%
of candidates we present go to interview
0%
faster ramp to full productivity for placed leaders
0+ yrs
average tenure of Phase 3 placements in seat
The Practice

Partner-led, by default. Specialist, by discipline.

Every engagement is run by a partner, end to end — never handed to a junior researcher. We specialize across the technical and commercial spine of biopharma: CMC, Technical Operations, Quality, Commercial, and Clinical. How we deploy that expertise depends on what your stage actually needs.

Case in Point · CEO Search

Commissioning Agents Incorporated
a New CEO.

82 Days
start to signed offer
8
board members aligned
EU + USA
transatlantic slate
Unanimous
board decision

Phase 3’s first CEO search. Commissioning Agents Incorporated, an employee-owned professional-services firm serving FDA-regulated sectors, engaged us to succeed the founder and lead the next chapter.

Rather than move straight to a slate, we ran the full diagnostic. Interviews across the board and executive team — aligning eight board members — surfaced the real question beneath the search: not simply who to hire, but what the company needed to become over the next decade. We recalibrated the engagement from Growth-Oriented to Transformational. That one reframing changed the benchmark pool.

We built a transatlantic slate across the EU and USA, convened the international finalists for a leadership assessment day, and reached unanimous board agreement — signing the offer 82 days from kickoff. Sheena Dempsey was appointed Chief Executive Officer.

103 candidates mapped · 69% reply rate · 7 to interview · 3 finalists · 1 offer accepted.

Talk to us about a CEO search →
Operational Leadership Build-Out

Retained build-out of the operational layer — Executive Director to Director.

Below the C-suite sits the layer that actually ships. We build it — the site heads, functional leadership teams, and net-new capabilities a stage transition demands.

Site Head & Site Leadership

The leader who owns a facility's people, quality, and output — and the leadership team beneath them.

Build

Functional Leadership Teams

Executive Director and Director hires across QA, QC, Manufacturing, MSAT, Tech Transfer, Process & Analytical Development, Supply Chain, Engineering & Facilities, Automation, and Project Controls.

Build

New Capability Build

Standing up a function from zero — a new modality, a new site, a new quality system — with leaders who have done it before.

Build
Talk to us about an operational build-out →
The Math

Fractional vs. full-time: where the line is.

A fractional engagement only costs more than a full-time hire once weekly hours cross the break-even line — roughly 33–39 hrs/week at Director level and 28–37 at CxO.

Annual cost — fractional/consultant vs full-time employee, by level and hours worked per week

Illustrative. FTE benchmarks assume a ~40% benefits and overhead load on base salary.

Sub-officer placements — the directors and VPs beneath the leadership seat — are often the most operationally consequential hires a platform makes. The bench matters as much as the seat.

Case in Point · The Fractional Model

The CMC SWAT Team.

A team of three, at 25 hours a week, delivering Phase 3 ready material in under two years.

Our data shows that three seasoned contractors — each working no more than 25 hours per week — can deliver Phase 3 ready material in under two years at 50–60% of the cost of an equivalent team of full-time hires. The savings come from fringe benefits avoided, the flexibility to deploy exactly the expertise each phase requires, and the ability to ramp up or turn off as the program demands.

50–60%
of the cost of full-time hires
<2 yrs
to Phase 3 ready material
0 × 25h
experts · max hours per week each
Case in Point · Eledon Pharmaceuticals

Proof: a three-person build to Phase 3 readiness.

In April 2023 we built Eledon’s senior CMC leadership team — Senior Directors of Drug Product, Drug Substance, and QA & Regulatory — to carry the organisation from clinical to Phase 3 and commercial readiness.

We delivered the build as Eledon’s pipeline accelerated across 2023:

Phase 1b · Kidney transplant
Completed enrollment; updated safety and biomarker data presented at ASN Kidney Week 2023.
Phase 2 BESTOW
First participant dosed, mid-2023.
Phase 2a IgAN
Initial open-label safety and biomarker data, Q1 2023.

Clinical milestones per Eledon Pharmaceuticals investor disclosures, 2023. Source.

Deploy a SWAT team
The Research Behind the Practice

Published intelligence, not private opinion.

Our search work sits alongside published intelligence products — the same analysis we run inside engagements, made public. Because we believe evidence beats opinion.

Governance Framework

The CTO Mandate Framework →

The published board governance model for biopharma's CMC and Quality risk. Five mandates. Reviewed by seventeen CxO-level technical operations leaders. 250+ downloads in the first month. Free.

Capital Intelligence

The Biotech Capital Report →

25,402 biotech VC deals analyzed. Investors ranked by follow-on rate — which firms come back for round two, and which write one check and stop.

How We Engage

Retained, partner-led, and built to work with your team.

No surprises on terms. Here is how an engagement works before you ever pick up the phone.

Performance-based retainer

We work on a performance-based retainer, billed in three stages: one-third on engagement, one-third at a confirmed-interview milestone, and one-third on completion. The structure keeps our incentives tied to progress, not just the brief.

Diverse slates, as standard

Every search we have run since 2018 has included diverse representation on the slate. It is how we work, not an add-on.

A guarantee on every placement

Every search carries a replacement guarantee. The period is agreed with each client at the outset, sized to the seniority and risk of the role.

Built to work with your team

We partner with internal talent and HR functions rather than around them — aligning on process, candidate experience, and confidentiality from the first diagnostic.

Start Here

Run the diagnostic on your next hire.

Thirty minutes. A structured read on the role. We tell you whether search is the right product, whether the brief reflects the company you are actually inheriting, and whether the leadership architecture sits where it needs to be for your next capital event.