UPMC Enterprises Summer Associate - Translational Sciences at UPMC

Pittsburgh, Pennsylvania, United States -

Full Time

Start Date

Immediate

Expiry Date

03 Mar, 26

Salary

0.0

Posted On

03 Dec, 25

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Scientific Diligence, Technical Diligence, Competitive Intelligence, Operational Support, Business Development, Market Assessment, Financial Management, Relationship Management, Project Management, Presentation Skills, Collaboration, Analytical Skills, Leadership, Creativity, Communication, Strategic Thinking

Industry

Hospitals and Health Care

Description

UPMC Enterprises’ mission is to create products and businesses that make life-changing medicine happen. To deliver on our mission, we invest our time, expertise, and capital across two broad focus areas to transform health care: Digital Solutions and Translational Sciences. This position is within the Translational Sciences domain. The Translational Sciences team combines scientific, clinical, and investment expertise to develop and optimize the commercialization path for novel therapeutics, medical devices and diagnostics for diseases with high unmet medical need. In 2020, we announced a commitment to invest $1 billion in life sciences companies at all stages. Our internal focus is to support the commercialization of cutting-edge research from leading academic institutions that will help us in narrowing the gap between bench and bedside, derisking new technologies and launching early-stage companies. We also seek opportunities to invest in external companies that are developing innovative therapies and products to improve health care that are complementary to the resources we have at UPMC. When we choose to work with life science companies within or outside of UPMC, we provide full access to UPMC’s vast resources. The Translational Sciences team is seeking a Summer Associate to collaboratively support internal and external investment portfolios. Through scientific and technical diligence, competitive intelligence, operational support, and business development, Analysts apply their skills and knowledge to advance life sciences projects (early-stage discovery through commercialization), investments (diligence through close), and strategic initiatives. As a UPMC Enterprises Summer Associate, you will have an opportunity to participate in a highly competitive, full-time, 10-week paid summer internship with an organization that’s committed to finding solutions to the complicated challenges facing health care providers and their patients. Our work is about using creativity to tackle exciting projects that become life-changing products. Projects tend to be fast-moving and this internship is a great opportunity to gain broad experience in multiple areas of healthcare and build multi-disciplinary skills in the areas of science, business, and finance. Responsibilities: Support diligence for investment opportunities from scientific, clinical, commercial, financial, and legal perspectives Independently conducts project support aspects for strategic initiatives with oversight from leadership Administrative Support: Maintain project planning documentation, prepare presentations, author and distribute high level project updates Financial Management: Budget development, monitoring, and revenue/expense forecasting Market Assessment: Complete competitive landscape analyses, analyze commercial opportunities, and help assess market potential Business Development: Industry and company analyses, author business plans Relationship Management: Builds relationships with principal investigators and other internal and external stakeholders. Work in a matrixed environment, having touchpoints with multiple project leads. Prepares and delivers presentations to the team and leadership Fosters a collaborative team environment and maintains a positive attitude Performs in accordance with system-wide competencies and behaviors Performs other duties as assigned Pursuing a Ph.D., MD, or MSc in the life sciences or an MBA. An interest in biotechnology, venture capital, management consulting, investment banking, business development, strategy, or finance is preferred Demonstrated leadership ability through their studies, employment, or extracurricular activities. Availability to participate as a Summer Associate full-time, from June to August 2026 for approximately 10 weeks with minimal absence On-site presence for at least three days a week Licensure, Certifications, and Clearances: UPMC is an Equal Opportunity Employer/Disability/Veteran

Responsibilities

The Summer Associate will support diligence for investment opportunities and conduct project support for strategic initiatives. Responsibilities include market assessments, financial management, and relationship management with stakeholders.