Stephen Sands

Managing Director


Financial Advisory


New York, United States

Stephen Sands, Vice Chairman of Investment Banking and Chairman of the Global Healthcare Group at Lazard, has built a 35-year career providing strategic and financial advice to senior executives and boards of directors at leading healthcare and life sciences companies across the globe. At Lazard, he has advised clients in successful transactions totaling over half a trillion dollars.

Prior to joining Lazard, Stephen was a Partner in the healthcare practice of McKinsey & Company. During his career, he has co-founded two life sciences companies: Enzytech (acquired by Alkermes) and Opta Food Ingredients (acquired by Stake Technology and now SunOpta).

Stephen also has served as director on the boards of several life sciences companies, including National Imaging Associates, Inc. (Acquired by Magellan Health Services company), Isogen LLC (acquired by Monsanto) and Cognition Therapeutics (IPO 2021). He is currently a director on the boards of Cytier Therapeutics (NASDAQ: CYT, Oncology Drugs) and Cytosite Biopharma (Private, Precision Immuno-Oncology Imaging Agents).

Stephen is a frequent keynote speaker and panelist on trends in the biopharmaceutical and healthcare sectors at prominent industry events. He is a member of the Rockefeller University Counsel; Washington University (St. Louis) School of Engineering & Applied Science National Counsel, National Campaign Committee and New York Regional Cabinet; Columbia University Science Advisory Committee; and a trustee, member of the executive committee and co-chair of the nominating and governance committee of the New York Hall of Science. He previously served on the Rand Corporation Health Board of Advisors.

In 2008, he received the New York Biotechnology Association’s inaugural The Cures Start Here Business Leader of the Year Award. In 2014, he was recognized with a Washington University (St. Louis) Engineering Alumni Achievement Award. In 2019, he was honored with a Washington University (St. Louis) Distinguished Alumni Award.

Stephen earned a B.A. in Biology from Oberlin College, a B.S. and M.S. in Chemical Engineering from Washington University in St. Louis, and an MBA in Finance from New York University.

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