LifeX Ventures | LifeX Executive in Residence (Part-time) - Technical.ly

LifeX Executive in Residence (Part-time)

LifeX Labs |  Pittsburgh | Other

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Job Description
Company Culture

LifeX Labs is seeking seasoned life sciences professionals to join our Executive in Residence team. Our EIR team works closely with our Incubator companies, providing significant hands-on consulting to accelerate the business and technical development of our startups. Our teams’ success is measured by the success of our companies.

 

We are seeking EIRs with deep subject matter expertise in the pharmaceutical, medical device, diagnostic, and/or digital health industries. EIRs should be recognized as leaders within their industries, have a minimum of 15 years of increasing responsibility and success in their industry, or a demonstrated history of substantive entrepreneurial endeavors.

 

Candidates will be capable of providing expertise, advice, and consulting for LifeX Labs companies in key life sciences domain areas (previous mentoring experience is preferred).

Domain areas include but are not limited to:

  • Product development,
  • Business model design,
  • Regulatory and reimbursement strategy,
  • Entrepreneurship,
  • Fundraising angel and venture capital in the life sciences sector

 

In addition to consulting early stage companies, responsibilities may include executing due diligence on early to seed stage life sciences startups, developing resources or services, setting company milestones and objectives, supporting LifeX projects as needed, and documentation of services and results.

 

The role is flexible, with candidates willing to commit between 5-15 hours per week to LifeX Labs. The ideal candidate will be able to maintain a regular schedule of hours to work with companies and to attend internal EIR team meetings.

LifeX Labs is an equal opportunity employer and will consider all applications without regards to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law. LifeX Labs is an at-will employer.

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Tell us about the team that runs LifeX:

We’re small, which has allowed us to be collaborative and agile. Currently, we’re at five full-time employees, with one part-time executive-in-residence (our seasoned industry experts) —  though we are actively recruiting for more.

We’re all intrinsically motivated people; scrappy, hardworking go-getters. No one ever says, “That’s not my job.” In fact, it’s the opposite, we are always looking for things to fix.

What makes Pittsburgh a fitting location for LifeX?

The University of Pittsburgh ranks fifth in National Institutes of Health funding, but it has needed more focused support in how to commercialize academic research into products that can actually treat patients.

We were founded to be a centralized hub for life sciences resources and support, and a community, so that we can help more entrepreneurs create a path to market. As time goes on and our ecosystem grows, we’ll have a portfolio of companies in Pittsburgh with a significant amount of training in this process.

Our coworking and lab spaces are in the South Side and Lawrenceville neighborhoods, respectively — on the perimeter of Pittsburgh’s Innovation District. 

What are some of the unique features that LifeX offers the greater life sciences community in Pittsburgh?

Our free community events are open to everyone and are a great opportunity to find resources or network with other members of the life sciences scene.

● “Office hours” (a no-cost, 30-minute consult with experienced service providers)

● Weekly breakfasts

● Speaker series featuring industry leaders

● Founders’ Forum for leaders in the life sciences space

● Expert workshops

What is the difference between the accelerator and incubator programs?

The accelerator program is designed for early-stage innovators looking to take a leap from the lab to starting a business. The program hosts a new cohort (8 teams) each spring and runs for three and half months. The programming is very structured, with every team learning from the same curriculum, although there is room to work on individual goals.

The incubator program is designed for entrepreneurs who are ready to make a full-time commitment to advancing their startup. Participants set and work toward personalized technical and business milestones through support, mentorship and intensive hands-on training from our team, executives-in-residence and a long list of local life sciences experts and service providers.

How do I apply to be in the incubator program?

Take a look at our website to learn more about the program and fill out a free application.

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