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Biotech Executive Salaries on the Rise
The Scientist 2004, 18(22):48
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Many chief executive officers of both profitable and not-yet-profitable biotechnology companies have multimillion-dollar pay packages, according to three recent surveys. The average total annual salary and bonus paid to biotech CEOs in 2003 was $567,000, up from $538,000 in 2002, according to a survey conducted by BioWorld magazine. Of course, many execs at the best-known companies are making far more.
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