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2008 Compensation and Entrepreneurship Report Highlights Executive Compensation Trends at Emerging Life Sciences Firms
Date:11/6/2008

Expert Trend Analysis and Survey Findings Disclosed at Nov. 7 Webcast

BOSTON, Nov. 6 /PRNewswire/ -- With the past quarter experiencing unprecedented market ups and downs, life sciences companies are re-evaluating performance metrics, targets, and overall spending. As a result, emerging compensation trends in this turbulent economy point to continued focus on "pay for performance," as well as enhanced discussion and scrutiny of executive compensation programs and processes. These issues and others -- including findings from the most recent annual life sciences compensation study released today by leading executive search firm J. Robert Scott, international law firm WilmerHale, and professional services firm Ernst & Young LLP -- will be discussed by a panel of experts at a November 7 webcast.

"It will be both timely and compelling to discuss our most recent survey and the insight it lends to some of the emerging trends we've seen in the marketplace over the last few months," said Bruce Rychlik, managing director of J. Robert Scott. "Our distinguished webcast panel will tie survey data into current compensation changes, and discuss projections for what we can expect to see in the foreseeable future for executive compensation."

The nationwide study is the most comprehensive survey of executive compensation among privately-held, emerging life sciences companies and the first to make this information readily available. Now in its seventh year, the annual report is used as an authoritative guide by venture capital firms and their portfolio companies in making critical decisions regarding attracting, rewarding and retaining key talent. The study results serve as a valuable tool in helping businesses and executives understand today's compensation trends for senior executives within privately-held therapeutic, diagnostic, medical device, instrumentation and platform companies.

Study results are available to the public at

SOURCE J. Robert Scott
Copyright©2008 PR Newswire.
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