By Michael Huberts (February 2020)

Asian Champions

How Asian Healthcare Firms are Recruiting Back Their Star Performers from US and EU Rivals

By Michael Huberts (February 2020)

With the majority of global healthcare firms headquartered in the United States (US) and the European Union (EU), the war for top talent in Asia has historically been driven by foreign multinationals attracting the best and brightest to lead their local subsidiaries. From Big Pharma and major medical device/lab equipment manufacturers, through to service firms and technology vendors, Asia has traditionally been a commercial outpost for global firms seeking to introduce and commercialize products developed at headquarters. However, the past 10 years have seen a significant number of Asian firms, confident and entrepreneurial, stepping onto the global stage and looking to recruit back their best people. How will the rise of these local champions affect the war for the best talent in Asia and what are the different market dynamics between Japan - a geographic outlier with many established healthcare multinationals, Greater China and Southeast Asia?

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