Lifescience Dynamics
Overview
Introduction
In promising to help clients “convert insight into foresight,” Lifescience Dynamics looks to help pharmaceutical and biotech companies make informed decisions that will have lasting impact on the future of healthcare. Lifescience Dynamics leads with its values—a standout because of its commitment to ethics and the passion and empathy it brings to every engagement. This is a firm for jobseekers who lead with their values and a desire to help create a healthier future for everyone.
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Vault Verdict
If comments from insiders are anything to go by, Lifescience Dynamics appears to have had an extremely busy 2022—so busy that insiders struggled to find a reasonable balance between work and life. However, there may be some relief on the horizon: at the time our survey was conducted, the firm had just completed a hiring cycle, adding some much-needed talent to the mix to help cope with the strong demand.
Of course, all of that demand generates fantastic learning and growth opportunities, which happens to be an aspect of life at the firm that insiders are extremely enthusiastic about. Less so: the compensation package which, when considered alongside the aforementioned work life balance struggles, seems to be significantly below industry averages.
About the Company
Lifescience Dynamics is an award-winning management consulting firm helping life science companies with strategic insight and foresight to improve their assumptions, enabling them to make better decisions.
Founded in 2004, the firm is 100% independently owned, and according to the firm, is run by an entrepreneur who considers client experience to be the company's core principle, rather than financial metrics.
The firm provides decision support from every angle, allowing for a 360-degree view of the market place. The company has grown organically each year and works across three practice areas:
- Market research (qualitative and quantitative)
- Competitive intelligence (primary and secondary research)
- Market access, pricing and reimbursement
Employee Reviews
- “Excellent opportunity to engage with upper management in meaningful ways for professional development.”
- “Fast paced, with regular burnout, but you learn more than you would elsewhere.”
- “Hard working founder and owner who is easy to deal with and is very knowledgeable and experienced and helps in training opportunities.”
- “Lifescience Dynamics will challenge you as an employee but learning opportunities and quality of team members is second-to-none.”
- “The people at the company are phenomenal. Some senior team members are very approachable and you can talk freely to them about anything at all. Colleagues are like friends and there is no unhealthy political competition going on. The CEO, Founder and his wife are the nicest people who really try to do the best by their employees.”
Why Work Here
Lifescience Dynamics has a stellar reputation for high-quality work and impeccable ethics; we provide actionable insight and foresight to our clients across the globe, whilst maintaining the highest standards of moral integrity. Our world-class team is currently spread across four offices: London (HQ), Toronto, Boston, New York and San Francisco, with strategic partners in Latin America and Asia.
The success we have achieved to date is down to our team of exceptional individuals, who receive numerous training and development opportunities to continuously learn, develop and advance their careers. Our open-door policy and flat structure mean you have the support and guidance you need to hone your creative and analytical skills. Our team have empowerment, autonomy and independence and is given the space and tools they need to grow.
Winner of the prestigious King's Award for Enterprise 2023, Queen's Award for Enterprise 2016 and ranking in Vault.com’s 25 Best Consulting Companies to work for - Lifescience Dynamics is a decision support firm providing the world's top 25 largest life sciences companies (pharmaceutical, biotechnology, diagnostics and medical devices) with strategic insight and foresight to improve their assumptions, enabling them to make better decisions.
Lifescience Dynamics works across five practice areas: Market Research, Competitive Intelligence, and Market Access and Strategic Advisory. The company’s success is attributed to its multinational team who work in a collaborative and nurturing environment, where they can develop their skills and advance their careers.
Founded in 2004, Lifescience Dynamics has its headquarters in London and an office in Toronto, as well as virtual offices in Boston, New York, San Francisco and Vancouver.
Getting Hired Here
- “Attentive recruitment coordinators looking for friendly, bright, well-rounded applicants.”
- “I believe that the interview process is structured to pass candidates who have a high degree of critical thinking, resourcefulness, and understanding of the pharmaceutical sector. Candidates must have at least a Master's degree. Depending on the position, an ideal candidate is one that is able to present themselves well under pressure, are able to efficiently multi-task, and meet a pressing deadline. By the end of the process, it is fairly clear who would make a good addition to the company and who will not.”
- “LSD actively seeks candidates and is looking for someone with a great understanding of science, the pharmaceutical industry and a calling to strategy and CI.”
- “We typically have a series of 3 interviews to assess candidates as a fit for our firm in terms of technical, and social capabilities.”
Perks & Benefits