[dikdik]

If you look at CEO's and other higher ups of healthcare companies, a significant number have absolutely no science training.

[daveguy]

Citation please. My experience is that there are a lot more MDs and PhDs in biotech than other tech fields. I would like to see where you got the information that a "significant number" have absolutely no science training. Also, when you say "significant number" do you mean less than other fields at a significant level or do you mean less than some number you are defining as significant. If the latter would that be only 5, 10, 15, 20, 49.9% without science training and is that less than average or other tech fields?

[xyzzy4]

Martin Shkreli is an example. Criminal allegations aside, he founded Retrophin which currently has a $750 million market cap.

[trimbo]

My understanding is that Retrophin is an M&A company. They did not develop any drugs that they sell.

[seehafer]

For current public companies, you're right, because public company CEOs outside of recent tech cos are rarely founders.

Healthcare founders almost always have either medical and/or science training.

[dikdik]

I don't think it's necessarily a bad thing. There is a whole new crop of start-ups in the healthcare space with founders coming from Google and Facebook (ie Flatiron Health). I think this is great for bringing innovation to an industry that is hurting for it.