Biotech Tilts at the Tipping Point of Gender Equality

A recent report by Deerfield Management Company revealed an unsettling but unsurprising truth: There is a significant gender gap on the boards of venture-backed health care companies.

Deerfield, a health care investment management firm, examined 140 companies that had raised at least $25 million in venture capital (VC) financing and published the identities of their board members on their corporate website. They found that nearly half (48.5%) of these companies did not have a single female board member, while women make up only about 10% of board director roles.