More Media
Visit our Multimedia section to access more interesting videos as well as audio commentaries.
author profile
Morten Nielsen
Senior Client Partner
Princeton
C. Morten Nielsen is a Senior Client Partner in Korn/Ferry International's Princeton office and a member of the Firm's Global Life Sciences Market, with special focus on the Medical Device and Pharmaceutical Sectors. Mr. Nielsen brings more than two decades of domestic and international industry experience to the Firm.
See more
Chief Medical Officer -- A CEO's New Best Friend?
By
Morten Nielsen
The primary role of the Chief Medical Officer (CMO) of a medical device, pharmaceutical, or biotech company previously fell into one of three main categories: Clinical Strategy & Execution, Patient Safety and Risk Management. Today, circumstances such as a patient’s increasing power to influence or decide on the choice of diagnostic or curative product, the growing power of Centers for Medicare and Medicaid Services (CMS), and the decreasing tolerance for imperfect clinical outcomes – real or perceived – is rapidly changing the skill set required to be a successful CMO. It is, therefore, critical that CEOs and Boards of Directors recognize that their choice of CMO could be the difference between the success and failure of a product or, perhaps, the entire company.
View & Share
This publication is available for viewing. To send the publication to friends or colleagues, use the 'share' button.