Labcorp Jobs (NOW HIRING)

Labcorp is a leader in diagnostics, drug development and healthcare innovation. Across every role, we harness data and AI to work smarter, move faster and create breakthrough solutions that improve health outcomes for people. With our global scale and deep expertise, you'll do meaningful work, grow your career and make a real impact. Together, we're improving health and improving lives.

Labcorp is a global leader in diagnostic testing and drug development solutions, helping healthcare providers, researchers, and patients make informed decisions that advance care. Join us in our mission to improve health and improve lives.

Labcorp is seeking a Director - New Ventures and Strategic Alliances, Labcorp Venture Fund to join our team in Durham, NC!

Work Schedule: 1st shift hours with hybrid work model availability.

Job Responsibilities:

Reporting to the Vice President of New Ventures & Strategic Alliances (NVSA), the Director will, in partnership with the broader NVSA team, work closely with Labcorp's executive team, senior business and commercial leaders, scientific and technical experts, as well as external entrepreneurs and investors to successfully identify, negotiate, execute, and manage Labcorp Venture Fund equity investments in early-stage private companies developing novel solutions to important problems in health and healthcare.

This role is a key contributor to bringing innovation and strategic opportunities to the company. As part of the Labcorp Venture Fund and Corporate Development team that pursues new ventures and strategic alliances, the Director enables and supports the diagnostic and biopharma services business units with their strategic and growth objectives through the investment in and commercialization of innovative technology.

The Labcorp Venture Fund invests broadly in diagnostic & early development innovations as well as AI-enabled med tech, digital platforms, and tech-enabled services that enhance research and care delivery, including:

• Novel diagnostic tests, biomarkers, platforms, and services

• Point of care testing and collection devices

• Clinical trial enablement and optimization

• Precision medicine and clinical decision support tools

• Digital health and health tech offerings

• Population health, VBC, and health equity

• Consumer wellness, engagement, and convenience

• Real world data and biopharma services

• AI-enabled lab logistics and automation

• Early development and cell/gene therapy tools

The Director will be part of a team responsible for both evaluating new investment opportunities and managing current portfolio companies. Responsibilities will span all stages of the investment process including developing market and competitive landscape analyses for specific healthcare industry sub-sectors, opportunity sourcing, opportunity prioritization, due diligence, negotiating deal terms, executing transactions, and alliance management and partnership exploration with portfolio companies.

• Investment Opportunity Sourcing

• Investment Strategy

• Due Diligence

• Deal Execution

• Negotiation & Term Sheets

• Legal Documentation

• Portfolio Management

• Financial Tracking & Reporting

Minimum Qualifications:

• Bachelor's degree

• 7 or more years of experience in the healthcare field

• 5 or more years of experience with VC/PE, corporate development, strategy, consulting, and/or investment banking

Preferred Qualifications

• MBA and/or MS, PhD, or MD

• 2 or more years of experience with corporate venture capital or healthcare venture/investment banking

• 2 or more years of experience with diagnostic and drug development industry trends and regulatory and reimbursement.

Additional Job Standards

• Ability to demonstrate financial and analytical skills with venture capital financial instruments and deal terms; understanding of company valuation methodologies and capitalization structures.

• Ability to demonstrate a strong history of success in positions of increasing responsibility.

• Inquisitiveness and ability to dive deep and understand new clinical research, emerging technologies, research, publications, and emerging healthcare science.

• Ability to demonstrate effective writing, verbal communication, and presentation skills.

• Ability to demonstrate influence and build consensus among both cross-functional teams and executive level management.

• Highly independent, strategic thinker with a mix of deep financial acumen, broad-based business experience, and a history of distinctive leadership in a wide range of team settings

• Ability to learn quickly adept at self-management and managing simultaneous projects with deadlines; Strong organizational and analytical skills with attention to detail.

• Innovative thinker, comfort with ambiguity, and self-starter - ability to work with limited direction and make informed decisions in a fast-paced environment.

At Labcorp, you can expect the following:

• Innovative Environment: Join a leading healthcare organization committed to driving innovation through strategic investments to help improve health and improve lives.

• Global Impact: Contribute to the future of healthcare by investing in pioneering companies that can transform patient care.

• Collaborative Culture: Work in a dynamic, inclusive environment that values diverse perspectives and fosters collaboration.

Benefits: Employees regularly scheduled to work 20 or more hours per week are eligible for comprehensive benefits including: Medical, Dental, Vision, Life, STD/LTD, 401(k), Paid Time Off (PTO) or Flexible Time Off (FTO), Tuition Reimbursement and Employee Stock Purchase Plan.Employees regularly scheduled to work less than 20 hours, Casual, Intern, and Temporary employees are only eligible to participate in the 401(k) Plan.Employees who are regularly scheduled toworka 7 on/7 off schedule are eligible to receive all the foregoing benefits except PTO or FTO. For more detailed information, pleaseclick here.

Labcorp is proud to be an Equal Opportunity Employer:

Labcorp strives for inclusion and belonging in the workforce and does not tolerate harassment or discrimination of any kind. We make employment decisions based on the needs of our business and the qualifications and merit of the individual. Qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), family or parental status, marital, civil union or domestic partnership status, sexual orientation, gender identity, gender expression, personal appearance, age, veteran status, disability, genetic information, or any other legally protected characteristic. Additionally, all qualified applicants with arrest or conviction records will be considered for employment in accordance with applicable law.

We encourage all to apply

If you are an individual with a disability who needs assistance using our online tools to search and apply for jobs, or needs an accommodation, please visit ouraccessibility siteor contact us atLabcorp Accessibility. Formore information about how we collect and store your personal data, please see ourPrivacy Statement.