Biotechnology Labour Market Trends Report Dec 23

06

Top Organizations

05

Top 20 Organizations EU Scientific Vacancies

In 2023, notable strategic shifts among leading firms are reshaping the employment dynamics within the biotechnology industry. One such significant player, BioNTech, retains a considerable share of the market, contributing to 25% of the total vacancies within the top 20 companies. However, a noteworthy development is the 21.7% reduction in scientific vacancies within BioNTech. This adjustment is in tandem with the company’s revised revenue forecast, reflecting a response to decreased demand for its COVID-19 vaccine. Consequently, BioNTech is reallocating resources, particularly in its R&D budget, redirecting focus towards its promising oncology pipeline. Contrary to this trend, Genmab, headquartered in Denmark, is defying industry norms by witnessing a remarkable 40.3% surge in job openings. This surge not only enhances Genmab’s market presence but also positions it as a notable player in the evolving biotechnology landscape. Concurrently, companies like Amgen, Grifols, and PSC Biotech are expanding their market shares, each approaching a 10% share. These developments signify strategic growth initiatives and suggest a more assertive approach in talent acquisition. However, not all companies are experiencing positive trends. Miltenyi Biotec and Biogen find themselves under market pressures, encountering declines of 63.1% and 83.1%, respectively, in job openings. These contrasting trajectories underscore the diverse challenges faced by companies within the biotechnology sector. Amidst these nuanced shifts, the industry is undergoing a broader consolidation. The concentration of market share within the top five companies has increased to 57%, up significantly from 34% the previous year. This underscores a fiercely competitive marketplace where a handful of prominent players are seemingly gaining ground, potentially at the expense of smaller entities. The intricate interplay of these market forces highlights the evolving and complex nature of the biotech sector’s hiring landscape, which is reflective of the dynamic nature of the industry.

YoY%

Organization

HQ

2022 2023*

-21.7%

BioNTech

589

Germany

752

Genmab

40.3%

260

Denmark

185

Amgen

-11.0%

193

USA

217

-5.7%

Grifols

173

Spain

184

-36.8%

PSC Biotech

156

USA

247

Galapagos

27.9%

141

Belgium

110

CureVac

5.6%

131

Germany

124

-63.1%

Miltenyi Biotec

119

Germany

322

bioMerieux

-27.3%

98

France

135

BeiGene

25.1%

94

USA

75

AGC Biologics

-58.3%

91

USA

217

14.5%

70

Belgium

61

Argenx

-12.0%

Gyros Protein

55

Sweden

62

Cytiva

-52.8%

49

USA

104

Euroimmun

-12.7%

44

Germany

50

-31.0%

34

Germany

49

ProBioGen

-11.5%

33

Sweden

37

Olink

-34.5%

26

USA

40

Bio-Rad

-57.6%

23

Denmark

54

Novozymes

-83.1%

20

USA

116

Biogen

Source: Vacancysoft Analytics

Fig. 07

2023* - Estimation

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