Biotech Consulting

Biotech Consulting – Bring Life Science Innovation to Market

Strengthen product development efforts with Toptal’s Biotech Consulting. Our life science experts help organizations align scientific objectives with operational priorities and long-term business goals.

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Clients Served

35,000+

Total Vetted Professionals

30,000+

Toptal Total Projects Delivered

85,000+

Years in Business

15+

TRUSTED BY LEADING BRANDS AND STARTUPS

Our Services

Toptal Biotech Consulting Services

Support biotechnology programs with consulting expertise spanning product development, development strategy, manufacturing readiness, and market strategy.

Research and Development Strategy

Prioritize research investments and development efforts through strategic roadmaps that align scientific objectives with business goals.

Product Development Planning

Develop product development pathways that anticipate approval requirements and reduce delays throughout the product development process.

Clinical Development Strategy

Strengthen clinical programs through structured planning that supports study execution, milestone achievement, and program success.

Product Commercialization

Prepare products for market entry with commercialization strategies tailored to competitive conditions and launch objectives.

Drug Development Consulting

Guide development programs through key scientific and operational decisions from early research through clinical advancement.

Quality Systems Strategy

Establish quality systems and governance practices that support consistent development and manufacturing operations.

Biotechnology Portfolio Strategy

Evaluate pipeline investments and development programs to focus resources on targets with the strongest potential.

Manufacturing and Scale-up

Prepare production capabilities for growth while maintaining product quality and operational consistency during expansion.

Market Access Strategy

Assess reimbursement pathways and market barriers that may influence adoption, pricing, and long-term commercial success.

Data and Analytics Strategy

Apply scientific and operational data to uncover insights that support planning, performance evaluation, and decision-making.

Partnership Strategy and Evaluation

Identify collaboration opportunities that strengthen development capabilities and accelerate progress toward key objectives.

Operational Transformation

Improve organizational processes and execution models to support more efficient development and commercialization efforts.

Looking for guidance about the perfect biotech consulting service for your needs?

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PARTNERSHIP THAT WORKS

How We Deliver Biotech Consulting

Our biotech experts, with experience at leading companies, develop and deploy tailored solutions to meet your business needs and unique industry demands for sustainable results and long-term success.

Discover

A leader from our team works with you to understand your business challenges, pain points, and strategic goals to uncover new opportunities and identify the options to reach your objectives.

Define

Toptal leaders collaborate with your team to define your specific goals and service needs, evaluating multiple approaches and aligning requirements with your strategic objectives to define the best solution.

Develop

We will create your unique project timeline, process, and first drafts,whether your goal is to advance product development, scale manufacturing operations, or prepare new therapies for commercialization.

Deploy

Toptal will get to work, tracking quality assurance, handling project management, and maintaining the delivery schedule.

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Matthew McNaghten

Business Strategy and Finance Consulting Practice Lead

As Toptal’s Business Strategy and Finance Consulting Practice Lead, Matt focuses on helping clients address critical issues and drive value across their enterprises. He brings 35 years of senior-level consulting experience, having held leadership roles at Cognizant, Accenture, IBM, and Deloitte.As Toptal’s Business Strategy and Finance Consulting Practice Lead, Matt focuses on helping clients address critical issues and drive value across their enterprises. He brings 35 years of senior-level consulting experience, having held leadership roles at Cognizant, Accenture, IBM, and Deloitte.

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CUSTOMIZED SOLUTIONS

Biotech Solutions That Deliver Value

Toptal delivers leading biotech consulting through its diverse talent network and flexible delivery models. We implement the right skills at each project phase, blending expertise from various roles for seamless execution.

End-to-End Delivery by Toptal
On-demand Talent and Teams

End-to-End Delivery by Toptal

Comprehensive project delivery, tailored to your specific requirements.

Business Strategy and Finance Consulting Practice Lead

Delivery Manager

Life Sciences Strategy Consultant

Life Sciences Product Lead

Growth Strategy Consultant

Strategy Consultant

Healthcare ML Engineer

Corporate Finance Consultant

Matthew McNaghten

Business Strategy and Finance Consulting Practice Lead

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Experience

35+

Rachael Karaffa

Delivery Manager

Rachael serves as a Delivery Manager at Toptal with a focus on leading diverse global teams in developing innovative solutions for our clients. She works across multiple disciplines, including technology, marketing, and management consulting. Rachael specializes in managing people and client relationships, process optimization, and driving teams toward optimal business outcomes.

Previously Managed Client

Experience

9+ Years

Neel Augusthy

Verified Expert in Management Consulting

28+ Years

of Experience

Life Sciences Strategy Consultant

Neel is a finance leader and change agent with more than 28 years of experience and a track record of impact in Fortune 50 companies. He has driven transformations to the tune of $250 million, EBITDA uplift of $100 million+, and sustainable change by managing mandates in multinationals, SMEs, and startups. Neel is adept at navigating across countries, regions, and cultures, and he brings an entrepreneurial and creative mindset, drive, and passion to design and execute win-win solutions for his clients.

Previously at

Charles Yee

Verified Expert in Product Management

10+ Years

of Experience

Life Sciences Product Lead

Charles is an industry leader in healthcare NLP with over a decade of experience as a data-science technical manager. As a player-coach, Charles has led multimillion-dollar projects in health-tech Fortune 500s, such as United Health, Philips, and AstraZeneca. Charles also has a PhD in computational linguistics. With over a dozen publications and patents in his field, Charles is an authority in machine learning for named entity extraction and classification.

Previously at

Aanchal Goel

Verified Expert in Management Consulting

12+ Years

of Experience

Growth Strategy Consultant

Aanchal is a former Bain management consultant and Chartered Financial Analyst specializing in creating financial models, business plans, growth strategies, market and competitive intelligence reports, scaling-up strategies, GTM strategies, and sustainability strategies. She has worked with 350+ clients globally. Aanchal’s guiding values are excellence, clear communication, and time commitment.

Previously at

Masa Masuyama

Verified Expert in Management Consulting

24+ Years

of Experience

Strategy Consultant

Masa is a collaborative, proactive, and pragmatic executive with decades of experience who believes strategies are living organisms that must adapt to thrive. Global initiatives he led continue to deliver results across a variety of sectors, including life sciences, fine arts, adtech, private equity, media, manufacturing, and entertainment. His results include an 87% reduction in operating costs, various successful new market entries, and a new revenue stream that beat projections by 41%.

Previously at

Matias Aiskovich

Verified Expert in Engineering

12+ Years

of Experience

Healthcare ML Engineer

Matias is a machine learning engineer who's delivered creative solutions for social impact projects. His past experience includes working at IBM Research as a machine learning engineer (collaborating with IBM's Yorktown Heights research lab), co-founding a startup that develops research-backed cognitive games for the elderly (which was a provider for a Uruguayan government program), and working on several projects that use machine learning to innovate in the healthcare sector.

Previously at

Cheryl Cheng, CPA, CFA

Verified Expert in Management Consulting

17+ Years

of Experience

Corporate Finance Consultant

Cheryl is a seasoned full-stack financial advisor who supported $5 billion in fundraising (debt/equity financing, venture/growth/PE financing), closed $20 billion in transactions (financial analysis, modeling, due diligence), and prepared companies for audit/IPO readiness. She held roles in advisory and audit practices at Tier-1 accounting firms and corporate development at a Fortune 500 company. Cheryl enjoys working with entrepreneurs and founders to grow their vision into a thriving business.

Previously at

On-demand Talent and Teams

30,000+ vetted professionals, ready to deploy individually or in teams.

Program Manager

Biotech M&A Consultant

Digital Health Advisor

M&A Consultant

Medical Device Program Manager

Life Sciences Product Manager

Pharma R&D Data Scientist

Biotech Finance Consultant

Program Manager

Verified Expert in Project Management

47+ Years

of Experience

Program Manager

For over 47 years, Bill has accumulated a wealth of experience by successfully leading dozens of projects for enterprises such as Ricoh, United Technologies, Pfizer, PepsiCo, ID.me, Toyota, AT&T, Gartner, and Bed Bath & Beyond. With Bill's Agile leadership, companies have been awarded multi-million dollar contracts, satisfied FDA and regulatory requirements, completed acquisitions and mergers, launched multi-channel marketing platforms, and transformed critical business and development processes.

Previously at

Verified Expert in Management Consulting

13+ Years

of Experience

Biotech M&A Consultant

Fabian is a Stanford MBA with 13+ years of experience in business strategy, business development, and leadership. He led two healthtech startups and closed deals with leading pharma companies, built a business development unit at AeroFarms that partnered with Fortune 500 companies, such as Cargill, AB InBev, and Roche; saved Intel $400 million in its run rate through an out-of-the-box solution; and raised money from prominent VCs.

Previously at

Verified Expert in Management Consulting

20+ Years

of Experience

Digital Health Advisor

Akshay is an entrepreneur, executive, and management consultant focused on solving key business problems. As a technology strategy executive, he has worked with Fortune 500 organizations on data platforms, AI, machine learning, and launching data products. Akshay has a proven track record in bringing products to market and managing technical, operational, and financial risks.

Previously at

Verified Expert in Management Consulting

17+ Years

of Experience

M&A Consultant

Germee is an established finance leader who has assisted startups and mid-sized clients in the UK, US, and Asia in securing over $128 million in funding. As an investment banker at ING Bank, she guided clients through the buying and selling of companies, including advising the world's second-largest geothermal firm, backed by her valuation models. Germee has added value for clients in construction, retail, and manufacturing with her data-driven financial strategies.

Previously at

Verified Expert in Project Management

20+ Years

of Experience

Medical Device Program Manager

Jauna is a passionate Agile coach and project manager who joined Toptal to partner with organizations in developing world-class Agile systems, leadership, and teams. She has more than 20 years of experience in operations, Lean, and quality for companies such as Intel and Honeywell. Jauna has implemented and worked on Agile teams in aerospace, semiconductors, and medical devices in organizations that range from pre-launch startups to companies with over $150 million in annual revenue.

Previously at

Verified Expert in Product Management

26+ Years

of Experience

Life Sciences Product Manager

Matt is a seasoned C-level product executive with over 26 years of diverse experience. He led, architected, built, and launched many successful software and services products in various industries, including technology, life sciences, law, finance, publishing, government, and manufacturing. Experienced in leading teams, Matt worked with some of the most renowned organizations in the world, such as Microsoft, IBM, Bill & Melinda Gates Foundation, Pfizer, Deloitte, and HP.

Previously at

Verified Expert in Engineering

17+ Years

of Experience

Pharma R&D Data Scientist

Thomas has 17+ years of experience in risk modeling and causal inference and has managed over €1 million in research funds as a scientist. Since 2019, he has worked as an independent contractor for various global pharmaceutical companies and CROs. His goal is to improve data-driven decision making by adopting state-of-the-art analysis methods and delivering scientific scrutiny in a timely fashion.

Previously at

Verified Expert in Management Consulting

18+ Years

of Experience

Biotech Finance Consultant

Juba is the founder of angioClast, a Cambridge-based biotech startup focused on cancer research. Before entrepreneurship, Juba was a seasoned CFO with multi-industry experience and worked on projects ranging from an equity sale of a $150 million telecom company to a $50 million hotel business turnaround. He joined the Toptal network to resolve diverse FP&A, M&A, buyout, and strategic analysis challenges.

Previously at

Verified Expert in Project Management

15+ Years

of Experience

Program Manager

Julia is a Certified Senior Agilist and Project Management Professional with an impressive track record of delivering complex products. She is well-versed in Scrum, Scrum@Scale, SAFe, Kanban, Kaizen, and XP Agile methodologies. She's been a servant leader for seven transformations at premier Fortune 50 companies. Julia has mentored teams to be self-directed and transparent with strong accountability, decision-making, and conflict resolution skills.

Previously at

Looking for guidance about the perfect biotech consulting service for your needs?

Get a Free Consultation Now

Looking for guidance about the perfect biotech consulting service for your needs?

UNRIVALED EXPERTISE

Our Talent Has Worked With Top Companies

Having previously worked with these leading global companies, our talent brings valuable insights and expertise to deliver world-class outcomes.

https://www.toptal.com/management-consultants/business-management-consultants

Why organizations choose us

Toptal in Action

Discover the cutting-edge benefits our clients enjoy from the global Toptal network.

Toptal helps Zoetis identify high-value AI opportunities and build a roadmap for adoption.

Challenge: Zoetis wanted to leverage AI to improve operational efficiency but needed a structured approach to identify the highest-impact opportunities and align stakeholders around a practical implementation strategy.

Solution: Toptal embedded an AI product consultant to lead discovery workshops across business, data, and IT teams. The engagement identified high-value automation opportunities and translated findings into a prioritized roadmap for execution.

Outcome: Zoetis gained a structured roadmap outlining four high-value AI opportunities and two foundational initiatives, providing clear priorities and a path from experimentation to execution.

Toptal Ranked #1 Most Reliable Professional Services Company in America

Newsweek and Statista’s rankings were based on an independent survey of more than 2,400 decision-makers at Fortune 500s.

IBM — Newsweek's Most Reliable Companies in America 2026 ranking. Toptal is ranked #11, the highest-ranked professional services firm.

See the Most Reliable Companies in America

Methodology for the Rankings

How likely the respondent is to recommend the selected company to others.

Measures the convenience of interaction with the company and efficiency of processes.

Measures the company’s cost-effectiveness and quality relative to price.

Measures whether the company consistently meets or exceeds expectations in quality and timeliness of deliverables.

Measures the company’s ability to consistently fulfill commitments and maintain customer trust.

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OUR THOUGHT LEADERSHIP

Explore Insights From the Biotech Field

Read the latest articles and resources to keep you current on emerging trends in biotechnology strategy, drug development, and life sciences innovation, and more.

Biotech Valuation Idiosyncrasies and Best Practices

Biotech companies with little to no revenue can still be worth billions. Consider the most prominent 2017 biotech M&A deal when Gilead bought Kite Pharma for almost $12 billion. At the time of the deal, Kite had over $600 million in accumulated deficit, but it also had a pipeline of CAR-T cell therapies, which treat cancer. This article examines how to value such pipelines. It also focuses on the risk-adjusted NPV valuation methodology, portfolios of multiple drug candidates, and how value is impacted by the characteristics of the investor or acquirer.

Raphael Rottgen, CFA FRM

Verified Expert in Management Consulting

Raphael is a partner at a crypto hedge fund. He previously founded and exited a fintech company and has experience as a banker and equities investor. A CFA and FRM charterholder, he brings deep expertise in financial markets and investing, and has worked with companies across financial services and emerging technologies.

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