Director, New Ventures & Strategic Alliances - Labcorp Venture Fund

Director – New Ventures and Strategic Alliances, Labcorp Venture Fund Location: Durham, NC Work Schedule: 1st shift hours with hybrid work model availability. Responsibilities Work closely with the Vice President of New Ventures & Strategic Alliances, executive team, senior business and commercial leaders, scientific and technical experts, external entrepreneurs and investors to identify, negotiate, execute, and manage Labcorp Venture Fund equity investments in early‑stage private companies developing innovative solutions in health and healthcare. Support diagnostic and biopharma services business units through investment and commercialization of innovative technology. Evaluate new investment opportunities and manage current portfolio companies across all stages of the investment process, including developing market and competitive landscape analyses, opportunity sourcing, opportunity prioritization, due diligence, negotiating deal terms, executing transactions, and alliance management. Investment Focus Areas 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 Minimum Qualifications Bachelor’s degree 7+ years of experience in the healthcare field 5+ years of experience with VC/PE, corporate development, strategy, consulting, and/or investment banking Preferred Qualifications MBA and/or MS, PhD, or MD 2+ years of experience with corporate venture capital or healthcare venture/investment banking 2+ years of experience with diagnostic and drug development industry trends and regulatory and reimbursement Additional Job Standards Strong financial and analytical skills with venture capital financial instruments and deal terms; understanding of company valuation methodologies and capitalization structures. Proven track record of success in positions of increasing responsibility. Inquisitive, deep understanding of clinical research, emerging technologies, and healthcare science. Excellent writing, verbal communication, and presentation skills. Ability to influence and build consensus among cross‑functional teams and executive level management. Highly independent, strategic thinker with deep financial acumen and broad business experience. Self‑starter who can work with limited direction and make informed decisions in a fast‑paced environment. Strong organizational and analytical skills with attention to detail. Benefits Medical, Dental, Vision, Life, STD/LTD, 401(k), Paid Time Off (PTO) or Flexible Time Off (FTO), Tuition Reimbursement, Employee Stock Purchase Plan. Eligibility varies with hours scheduled; full benefits for employees scheduled 20+ hrs per week. Equal Opportunity Statement 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. #J-18808-Ljbffr LCH Lab. Corp. of America Holdings