Organization OverviewLilly Catalyze360 is a comprehensive approach to enabling the early-stage biotech ecosystem by democratizing access to infrastructure, expertise, and resources. Through its interconnected pillars-Lilly Ventures, Lilly Gateway Labs, Lilly ExploR&D, and Lilly TuneLab-Catalyze360 strategically removes barriers that traditionally block bold science from becoming life-changing medicines, providing biotechs with flexible combinations of capital, physical lab space, R&D capabilities, AI/ML tools, and decades of enterprise learning.
Lilly Ventures (LV) is a pan-therapeutic, global innovation organization embedded within Eli Lilly & Company. Our mission is to identify and integrate breakthrough science and technology - including the rapidly maturing spaces of AI/ML, computational biology, and platform technologies that drive medicine advancement, functional performance, and commercial innovation - into Lilly Research Labs (LRL) to accelerate drug discovery and development and Lilly more broadly. We operate at the intersection of venture capital, biotech and health tech innovation, and R&D transformation.
Job SummaryThe LV Tech group seeks a Senior Director to execute the group's strategy - direct equity investments, fund-of-funds investments, and value pull-through - by sourcing novel software and services businesses for investment, running due diligence, and executing transactions. The Senior Director is expected to be a creative problem solver with strong business acumen and exceptional organizational skills who supports achievement of the group's goals while seeking ways to optimize the process.
Key Responsibilities- Contribute to a strong team culture: Work within small team dynamics as part of an organization that emphasizes collaboration and direct communication to achieve big goals. Coach and mentor team member(s) while reinforcing a strong team culture of Diversity & Inclusion.
- Investing in novel innovation: Identify, propose, and execute direct equity investments in early-stage (Pre-Seed to Series B) life sciences and health tech software and services companies, with pull-through of strategic insights from portfolio companies.
- Strengthening Lilly's external network: Foster external strategic relationships (e.g., start-ups, venture capital funds, corporate venture capital funds, incubators, health systems, and others) to identify and anticipate opportunities.
- Be an agent for change: Drive innovative thinking across business units, functions, and therapeutic areas on investment decisions that have a critical impact on external innovation. Anticipate the evolution of the market and competition, especially regarding its impact on innovation, acquisitions, and collaborations, to gain competitive advantage.
Minimum Requirements- Bachelor's degree.
- 4+ years of venture capital experience in healthcare or life sciences.
Additional Skills/Preferences- Graduate degree (JD, MBA, PhD) preferred.
- 7+ years of venture capital experience in healthcare or life sciences preferred.
- Recognized as an expert for area of expertise.
- Pre-Seed to Series B stage investing experience, including financial modeling, due diligence, and transaction experience.
- High level of emotional intelligence with exceptional collaboration with colleagues at all levels.
- Effective problem solving, analytical, and project management skills to evaluate and resolve highly complex or unusual business and organizational problems.
- Exceptional business acumen, broad learning agility, and market knowledge.
- Demonstrated negotiation, persuasion, and influence skills.
- Excellent written and verbal communication skills.
Additional information- Travel required (~25%).
- Lilly may provide support for or sponsor work authorization or visas for this role for internal applicants only.
Actual compensation will depend on a candidate's education, experience, skills, and geographic location. The anticipated wage for this position is
$193,500 - $283,800
Full-time equivalent employees also will be eligible for a company bonus (depending, in part, on company and individual performance). In addition, Lilly offers a comprehensive benefit program to eligible employees, including eligibility to participate in a company-sponsored 401(k); pension; vacation benefits; eligibility for medical, dental, vision and prescription drug benefits; flexible benefits (e.g., healthcare and/or dependent day care flexible spending accounts); life insurance and death benefits; certain time off and leave of absence benefits; and well-being benefits (e.g., employee assistance program, fitness benefits, and employee clubs and activities).Lilly reserves the right to amend, modify, or terminate its compensation and benefit programs in its sole discretion and Lilly's compensation practices and guidelines will apply regarding the details of any promotion or transfer of Lilly employees.
#WeAreLilly
