BioHealth Innovation, Inc. (BHI), is a Montgomery County innovation intermediary which translates market-relevant research into commercial success by bringing together management, funding, and markets. BHI is seeking an early stage life sciences professional with market research or portfolio management experience to join the BHI EIR team and serve as an Ventures Analyst & Project Manager at the National Institutes of Health (NIH). This position will report to and work closely with our lead at the NIH Office of the Director, Office of Extramural Research (OER) at the Bethesda, MD campus. The Analyst will provide analyst and project support to the EIR team on product, corporate and private investment strategy advisory for companies which have SBIR/STTR awards. This will entail market, technology, regulatory and other business intelligence research to support EIR consulting and coaching of companies. The Analyst will also undertake the alliance management responsibilities with collaborating organizations such as the Angel Capital Association or others with which the OER establishes relationships.
The NIH is the world’s largest early stage biomedical investor providing nondilutive funding for US companies in the form of grants and contracts through the SBIR/STTR program. In FY19 the Congressional funds set aside for company funding exceeds $1B USD. The EIR program supports NIH interests in commercial success of its SBIR/STTR portfolio companies.
POSITION DESCRIPTION – Ventures Analyst & Project Manager
The Ventures Analyst & Project Manager will work directly with BHI EIRs, NIH program staff and NIH portfolio companies primarily focusing on providing deal flow to ACA as well as providing financial and technical analyst services for both SBIR/STTR portfolio companies and NIH programs. As the program grows to encompass relationships and collaborations with outside organizations and entities, the Analyst will also manage projects, alliances and deliverables as necessary. In addition, the Analyst will support both support existing trans-NIH initiatives for early stage companies and as support the growth of new initiatives.
Further responsibilities include:
- Produce materials for EIR program mentees including competitive landscape or opportunity assessments, market research, product development issues, commercial strategies, funding trends and investor preparation for technologies spanning all life sciences (drugs, devices, biotech, cell & gene therapies, IVD/MDx, digital health, research tools, etc).
- Creatively address organizational concerns by devising tools, metrics and dashboards to manage and report on projects, gauge progress, outcomes and successes.
- Utilize project management techniques, databases and communication tools to report program initiatives, progress and outcomes to leadership.
- Manage alliances, timelines and deliverables with external partner organizations and institutions.
- Coordinate and provide business and technical support for other product focused investments including pre-company technology development programs, such as proof of concept centers like NIH Centers for Accelerated Innovation (NCAI) and NIH’s Research Evaluation and Commercialization Hubs (REACH) (see https://ncai.nhlbi.nih.gov/ncai/) or other translational product-development focused NIH initiative, as needed.
- Participate in and work with leadership on other NIH or trans-agency activities, programs, initiatives, funding opportunities or committees, as requested or necessary.
- Serve as a business resource to both the NIH and BHI communities on strategic development of key programs, particularly in pharma and biotech, maintaining relationships with and representing NIH at events, organizations and agencies that support entrepreneurial activities.
- Coordinate activities related to investor forums, conferences, and other matchmaking and networking opportunities for early-stage life science companies, scientists, universities, associations, and federal laboratories, as needed.
- Bachelors or Masters degree in biological sciences or bioengineering with 2-3 years experience as financial or market analyst
- Knowledge of product development and commercialization milestones and lifecycle
- Experience with market opportunity assessment, financial modeling or life sciences business consulting. Familiarity with business intelligence databases (Global Data, Clarivate), investment databases (Pitchbook, Crunchbase) or other financial databases (Dealogic, Capital IQ) and trending tools (CBInsights or other)
- Ability to effectively liaise and manage projects with internal and external key stakeholders, both within investor/business and technical/scientific.
- Strong organizational, analytical, communication skills with demonstrated ability to prioritize
- Interest and ability working in a fast-paced environment
- Maintain flexibility in a changing environment and communicate effectively across highly matrixed organizations
- Excellent presentation skills and ability to prepare high quality, thorough and concise analyses
- Familiarity with the NIH SBIR program and early stage development programs offered by NIH
- Previous experience in product development, business analyst or strategy roles with early stage bio, pharma or medtech companies or entrepreneurial experience as life sciences company advisor a plus
- Ability to travel 10%
TERMS & COMPENSATION
Compensation for this position is between $65k-$75k.
BHI is an equal opportunity employer.