Graduate Intern, Novo Holdings, Growth Investments, San Francisco

Novo Holdings is seeking a Graduate Intern to support the Growth Investments team in its investment activities over the course of the summer/fall semester in its San Francisco office.

Novo Holdings is the holding company of the Novo Group and is a Danish private limited liability company wholly owned by the Novo Nordisk Foundation. As of 2024, the Novo Nordisk Foundation had total assets under management of USD 136 billion, including an investment portfolio of USD 29 billion. The purpose of Novo Holdings is to improve people’s health and the sustainability of society and the planet by generating attractive long-term returns on the assets of the Novo Nordisk Foundation. Novo Holdings is the controlling shareholder of Novo Nordisk and Novonesis (the Novo Group companies) and manages an investment portfolio with a long-term return perspective.

Headquartered in Copenhagen, with affiliates in San Francisco, Boston, Singapore, and Shanghai, Novo Holdings is a world-leading life science investor with a focus on creating long-term value.

Further information: www.novoholdings.dk.

The Job

The role of Graduate Intern provides exposure broadly to the healthcare and life science sectors while allowing the candidate to work alongside and learn from an international team of seasoned life science investors.

The primary role of the Graduate Intern will be to support the US investment team through landscaping thematic investment areas, investment due diligence, and deal flow administration. Additional activities include screening of new companies, participating in global team meetings, as well as various ad hoc tasks. The role will provide exposure to a broad range of verticals including drug development, diagnostics, and healthcare services.

The Graduate Intern will be expected to be in the San Francisco office 8-12 hours per week, with flexibility provided for study, exam, and research commitments. This role will pay $26 USD per hour.

Your tasks will include:

• Market landscaping across thematic areas, including mapping out a space, identifying key unmet needs, and identifying current (incumbents) and novel solutions (new companies/potential investments)
• Conducting financial analysis to assess new deal opportunities and strategic initiatives at existing portfolio companies
• Assisting in due diligence processes on new investment opportunities
• Preparing investment materials and internal memoranda on potential and existing investments
• Supporting management of team CRM systems and vendor platforms

Working at Novo Holdings

We have a respectful and collaborative work culture where your opinion is valued. We are committed to diversity, equity, and inclusion, welcome and celebrate individuals of all backgrounds, orientations, and identities. You will enjoy being part of a dedicated, international and dynamic team with diverse backgrounds.

Professional Qualifications

·        Currently enrolled in a PhD, MD, or MD/PhD program; post-doctoral positions also acceptable

·        Strong drive to learn about businesses and how businesses drive the industries of healthcare and life sciences

·        Strong scientific literacy to synthesize primary research literature and unpublished company data

·        Basic understanding of drug development and the desire to learn more

·        Demonstrated interest in commercial applications of scientific research, biotech, entrepreneurship or venture capital

·        Top-tier academic performance

Personal Characteristics

·        Excellent analytical skills with the right combination of overview and attention to detail

·        Ability to work independently with structure

·        Motivated self-starter with a high level of integrity and detail orientation

·        A strong work ethic and eager to work in fast-paced environment

·        Team player who wants to actively contribute and has a positive can-do attitude

·        Quality-conscious and impact-oriented

·        Strong intellectual curiosity