July 2026

July kept Trebla Talent busy. The IPO window stayed wide open, M&A dealmaking blew past every prior-year comparison, and a wave of billion-dollar-plus buyouts reshaped oncology, rare disease, and immunology pipelines almost weekly. Meanwhile, layoffs have finally started to ease from last year's highs. Here's what we're tracking this month:

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TRENDS

Here’s what we’re seeing in the biotech hiring landscape right now

Market Moves:

Biotech M&A shows no signs of slowing down. July pushed 2026 to 57 acquisitions, officially surpassing last year's total. Key deals we found the most interesting:

Forte Biosciences: This $2.2 billion deal adds a Phase 2 immuno-dermatology program to their portfolio, marking argenx’s very first acquisition in history!

ARGENX

Forte Biosciences: This $2.2 billion deal adds a Phase 2 immuno-dermatology program to their portfolio, marking argenx’s very first acquisition in history!

Crinetics: A ~$10 billion acquisition of one of the largest biotech deals of the year for Crinetic’s late-stage, de-risked assets.

VERTEX

Crinetics: A ~$10 billion acquisition of one of the largest biotech deals of the year for Crinetic’s late-stage, de-risked assets.

Trimming Their Trials

While the industry spent the past few years watching wave after wave of biotech layoffs, we're now seeing workforce reductions become increasingly common across larger pharmaceutical companies. The small biotech massacre is a thing of the past. This month 3 large pharmas vs1 biotech announced workforce reductions. Here’s the list we thought would be the most helpful:

GENENTECH

(South San Francisco, CA): The company announces an additional 103 job cuts.

NOVARTIS

(New Jersey): Announcing over 300 layoffs affecting filed sales, patient support, and marketing organizations.

AMGEN

(Thousand Oaks, CA): Reduces the team by 40 people for late-stage portfolio optimization.

DIVING DEEPER INTO JUNE

Offers for the month:

• SENIOR DIRECTOR, REGULATORY AFFAIRS 

  • Base Salary: $290,000 

  • Annual Bonus: 25% 

  • Location: Boston, MA 

  • Company Stage: Public 

• EXECUTIVE DIRECTOR, REGULATORY OPPERATIONS

  • Base Salary: $300,000 

  • Annual Bonus: 25% 

  • Location: Boston, MA 

  • Company Stage: Public 

CROWNED CANDIDATES

Are you hiring? We have you covered!  

Regulatory Pick (Candidate #7090)  

• Title: Director, Regulatory Affairs  

• PharmD 

• Extensive experience across Neurology & Inflammation  

• 10 years of industry experience  

• San Francisco, CA  

Clinical Pick (Candidate #2963)

• Title: Senior Medical Director 

• MD, PhD 

• 12 years of Clinical Drug Development industry experience

• Currently leading IgA nephropathy studies in late-stage towards FDA approval 

• Bulk of experience has been spent at small biotech’s 

• Los Angeles, CA   

ACTIVE SEARCHES

REGULATORY AFFAIRS 

• Executive Director, Regulatory Affairs – Oncology (Boston, MA) 

• Senior Director, Regulatory Affairs – Rare Disease (San Francisco Bay Area)

• Associate Director, Regulatory Ad/Promo (Boston, MA) 

CLINICAL OPPERATIONS

• Vice President, Clinical Operations – Neurodegenerative (Remote West Coast) 

• Vice President, Clinical Operations – Dermatology (Boston, MA) 

• Associate Director, Clinical Trial Management – Rare Disease (San Francisco, CA)    

CLINICAL DEVELOPMENT

• Senior Medical Director, Clinical Development – Rare Disease (San Francisco Bay Area) 

• Senior Medical Director, Clinical Development – Neuromuscular (Boston, MA)

• Medical Director, Clinical Development – Rare Disease (San Francisco Bay Area) 

PHARMACOVIGILANCE & SAFETY 

• Vice President, PV & Safety (MD) - Rare Disease (Boston, MA) 

• Senior Director, PV & Safety (MD) - Rare Disease (San Francisco Bay Area) 

T R I B E

Here’s what the Trebla team’s been doing off the clock

Dakota has fully embraced summer mode! In addition to training for her first marathon, she's been squeezing in as many boat days, beach days, and sunshine-filled adventures as possible. On a more exciting note, Natalia and her now-wife, Becca, recently tied the knot during an intimate ceremony surrounded by family and local friends at San Francisco City Hall! After years of helping clients find the right match, it was finally her turn and she found the perfect one.