According to a report from Global Market Insights, the biotechnology market size was valued at over $330.3 billion in 2015, and is expected more than double to $775.2 billion by 2024, at a compound annual growth rate of 9.9 percent. As a result of the exponential growth of start up and biotech organizations, human resources and talent acquisition departments have encountered many obstacles in obtaining appropriate talent for their needs. The increase in competition for these professionals has caused organizations to reach specialist in the acquisitions industry that are well connected and rooted within the industry.