Biotech Investment Partner

4 weeks ago


Boston, Massachusetts, United States Novo Holdings Full time

pbJob Title:/b Biotech Investment Partner/ppbJob Summary:/b/ppWe are seeking a highly skilled Biotech Investment Partner to join our Venture Investments team at Novo Holdings. The successful candidate will be responsible for originating, analyzing, and managing life science investments./ppbKey Responsibilities:/b/pulliIdentify new investment opportunities that fit our investment criteria/liliConduct initial meetings with companies to identify which merit further diligence work/liliLead the assessment of management teams, science, clinical development plans, regulatory outlook, commercial opportunities, intellectual property, competitive landscape, and valuation analysis to help determine the overall attractiveness of potential investment opportunities/liliNegotiate terms and draft term sheets for those investments that Ventures Investments decides to make/liliSyndicate investments with investment partners/liliWorking with external legal advisors and Novo Holdings' legal department to complete legal documentation for investments/liliPrepare mandates as required for Novo Holdings' approval of investments/liliTake board seats on portfolio company boards and work with these portfolio companies to maximize their chances of success and so generate financial returns for Novo Holdings/liliPeriodically assess the merits of further investments in portfolio companies judging whether further (follow-on) investments are justified and negotiate terms of such investments/liliWorking with portfolio company board members, seek exits that will maximize ROI and, following negotiation, prepare exit mandates seeking the approval of such exits from Novo Holdings /liliTrain and mentor junior team members/li/ulpbRequirements:/b/pulliA strong scientific and/or clinical background, with a Ph.D. and/or M.D. in life sciences/lili10+ years of non-academic relevant work experience in analyzing biotech and/or medtech companies – ideally in buy-side or sell-side equity research, investment banking, and management consulting with a focus on healthcare or business development /liliStrong track record of generating investment ideas and investment opportunities; and track record of generating good returns/liliDetailed knowledge of product development and the assessment of risks involved in investments in R&D stage companies/liliExperience in structuring venture investments/liliExperience in Board work/liliKnowledge of pharma and medical device industry structures and markets/liliProficiency with financial statement analysis, accounting, and financial modeling /li/ulpbPersonal Qualifications:/b/pulliStrong work ethic/liliAbility to work with cross-cultural / multi-office teams/liliPassion for healthcare investing/liliOrganized and detail-oriented, with a demonstrated ability to multi-task/liliStrong interpersonal skills and ability to build good relationships/liliAbility to lead a team/liliPromotes an inclusive, respectful, and positive environment /li/ulpbBenefits:/b/pulliMedical and dental, retirement, 5 months of parental leave regardless of gender, commuting reimbursement, One Medical membership, fitness reimbursement, family planning benefits, home internet reimbursement, daily catered lunches, generous PTO and holiday time. /li/ul


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