Study: CEOs of young biotechs in New England earn more

12/1/2004 | Boston Herald

An annual survey by a Boston headhunting firm says CEOs of young biotech and medical-device firms in New England earned about $327,000 last year -- about 6% more than their rivals -- and also received about 10% more of their companies' equity than the national average. The president of the search firm said bonuses also are up nationally because most of the firms have drugs halfway through the FDA pipeline and highly paid scientist-CEOs are being actively recruited to guide them to market.

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