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Market analysis and adoption strategy for an in vitro fertilization (IVF) technology

by | February 15, 2022

Who we are:

BCBA connects academic science trainees and recent graduates to the Bay Area’s biotech industry through hands-on consulting and due diligence projects. We are a volunteer organization composed of PhD students, post-docs, medical trainees, and young professionals looking to gain professional development skills for jobs in biotech companies, consulting, and venture capital. Over 300 scientists from across the country have participated in BCBA projects and have gone on to internships and full-time positions with leading biotech companies, consulting firms, and venture capitals firms.

Project timeline: Mid-March – Mid-May 2022, 10-12 weeks

Who you are:

– A graduate or professional student (i.e. PhD, MD, PharmD, MBA, MS), postdoc, clinical resident, or recent graduate

– Enthusiastic about gaining life-science business experience and helping a company identify how to best develop and apply their technology

– Eager to build teamwork and communication skills by speaking with IVF patients, physicians, and scientists

– Interest or experience in some of the following categories: biomedical research, market research, consulting, developmental biology

– Able to commit 10-15 hours/week as a volunteer

What you will do:

You will be working with an early-stage startup founded by Caltech scientists, whose long-term vision is to become the standard of care for IVF. The founders’ mission is to improve the embryo selection process through a new embryo evaluation technology and to eventually enable embryo-rescuing interventions through early detection of poor outcomes. You and the BCBA team will help set the company’s directions by helping them craft their business plan and prepare to raise their Series A funding.

To accomplish this, you and your BCBA teammates will:

– Analyze the IVF market landscape by researching current standards of care, competing services, existing clinics, and potential physicians and patients who would adopt the company’s services

– Speak with key stakeholders to understand the requirements, advantages, and barriers to adoption of a new IVF embryo screening service.

– Develop a customer-tailored business plan for the client to launch their technology.

What you will gain:

– Experience working on a diverse team to solve an open-ended and challenging business problem

– Experience conducting market analysis, identifying opportunities for a new technology, and strategizing the adoption of that new technology

– Development of your professional network and communication skills through interactions with the client, interviewed stakeholders, your teammates, and BCBA leadership

– Skills that will make you competitive for life-science business development, consulting, and venture capital careers

To Apply: Submit this Google form by Monday, February 28th