Key Takeaways
- In 2023, women comprised 47.2% of the entry-level workforce in biotechnology firms but dropped to 38.5% at mid-management levels
- Racial and ethnic minorities made up 29.1% of the life sciences workforce in the US in 2022, with Black employees at 7.4% and Hispanic at 12.3%
- In pharma companies, Asian employees represented 18.6% of the workforce in 2021, higher than their 6.2% US population share
- Women held only 24.3% of C-suite positions in biotech firms in 2023, down from 26.1% in 2021
- Ethnic minorities occupied 15.7% of board seats in pharma companies in 2022
- In 2023, only 8.2% of CEOs in life sciences were women
- Women earned 18% less than men in equivalent life sciences roles in 2022
- Black employees faced a 25.4% pay gap versus white counterparts in biotech 2023
- Hispanic workers in pharma averaged $92,000 vs $115,000 for non-Hispanic whites in 2022
- Women retention rate in biotech was 72% after 3 years vs 85% for men in 2022
- Black employees turnover 18.3% higher than white in pharma 2023
- Hispanic retention dropped to 68.4% in first 5 years 2022
- 78% of life sciences firms implemented DEI training programs by 2023, reaching 92% employee participation
- Mentorship programs boosted minority promotion rates by 24% in pharma 2022
- ERGs grew to average 7 per company, improving belonging scores by 18 points in 2023
Women progress in life sciences falters as diversity shrinks moving up the corporate ladder.






