Stratacuity was founded in 2001, bringing talent to pioneering companies delivering innovations that may cure chronic and deadly diseases. To help celebrate our 15-year anniversary as a staffing outsourcing firm to the biotech industry, we have compiled a Top 15 list of key moments in our history.
We’re grateful to our incredible clients for the opportunity to do great work, and help them thrive in their areas of development and innovation. We’re excited about what the next 15 years may hold!
A promising venture-capital-backed biotech firm focused on small molecules and biologics, still in stealth mode, needed help developing its launch team. The Boston-area company’s CEO is a prolific inventor and cofounder of multiple early-stage biopharmaceutical companies.
The success of an early-stage company depends largely upon hiring the right initial people. Hiring mistakes are costly, burning through capital, time and patent life. Additionally, VC funding can bring specific milestones, deliverables and objectives that must be met to ensure continued funding—making the need for right hires critical. The irony and challenge is: quality of talent is paramount, yet hiring diligence takes away from all the other tasks that need attention.
“Our startup team didn’t have the bandwidth to identify, screen and hire quality candidates,” said the startup’s Vice President of Pharmacology & Biology who leads hiring. “I can’t give a lot of time toward hiring and coffee meetings.”
From day one, the startup took a thought-out approach to finding the talent it needed to succeed. The founders entrusted Stratacuity with this make-it-or-break-it task. Stratacuity did not disappoint, adding four early employees, including two senior research associates, whose expertise spanned multiple technical disciplines.
“Stratacuity not only took on the role of identifying key candidates, they also significantly streamlined the process,” she said. “Erik [Rocheford] really listened when we discussed the roles we were looking to fill, and he provided a concentrated high-quality talent pool. I generally had relevant CVs within two days. I’m incredibly impressed.”
The VP contacted Stratacuity for help because she’d had good experiences when she’d worked with them at former companies. This time around, she’s using Stratacuity’s new Managed Services Program (MSP) to handle all of the company’s contract workforce needs, scientific and nonscientific, and covering recruiting, benefits management, payroll and reporting.
“Stratacuity understood our needs and did a great job in managing expectations on both sides.”
— Vice President of Pharmacology & Biology, Biotech Startup
So far, the Stratacuity MSP program has sourced four of the company’s seven-person team. And, said the VP, “We’re very happy with the quality of the individuals in terms of their contributions to the science and the culture they’ve helped create.”
“Stratacuity is understanding what we’re needing and finding the right people,” she said. “We will continue to use their services for other workforce needs down the road.”
In addition to being a fast-learning and high-performing HR partner, other benefits of Stratacuity’s MSP program include:
Fast access to top-quality candidates
Rapid onboarding
Streamlined, cost-effective hiring process
Excellent fit—contractors become permanent
To learn more about how Stratacuity’s MSP program can help your company rapidly access, hire and manage scientific and nonscientific contract workers, please call Jeff D’Italia at (603) 766-0600 or visit stratacuity.com.
“We’re very happy with the quality of the individuals in terms of their contributions to the science and the culture they’ve helped create.”
— Vice President of Pharmacology & Biology, Biotech Startup