Equity Research Associate - Biotechnology

JefferiesSan Francisco, CA
$100,000 - $120,000Onsite

About The Position

This role is for an Equity Research Associate to support a senior biotechnology analyst covering mid- and small-cap biotech companies at a top investment bank. The team is highly motivated to become top-ranked in the biotech industry. The associate will be responsible for conducting proprietary research, evaluating drug pipelines, writing research reports, analyzing intellectual property and patent litigation, building financial models, and interfacing with various stakeholders.

Requirements

  • Motivated to rise in the sell-side industry in the long-term
  • Hard-working, attention to detail, team player
  • Sharp analytical skills in dissecting preclinical and clinical data
  • 1+ years of experience in healthcare investment research (sell side, buy side, investment banking, etc)
  • High proficiency in written/verbal communication
  • Can type >120 words per minute
  • Has experience writing quality sell side reports, producing powerpoints, and creating detailed financial models (e.g. functioning three-statement models, DCFs, market models, etc)

Nice To Haves

  • Deep understanding of, or experience with, drug development and the FDA-approval process for pharmacologic treatments is desirable
  • Experience building financial models using excel is a plus

Responsibilities

  • Conducting proprietary research and evaluating drug pipelines by analyzing scientific literature, attending medical conferences, and consulting industry experts
  • Writing research reports for initiations of coverage, deep dive data analyses, competitive landscaping, and industry/ company news
  • Delving into intellectual property and following patent litigation concerning pharmaceuticals
  • Building and maintaining financial models and powerpoint decks
  • Conceiving and executing on differentiated project ideas
  • Interfacing with company management teams, internal sales and trading personnel, and institutional investors

Benefits

  • medical, dental & vision coverage
  • 401(k)
  • life, accident, and disability insurance
  • wellness programs
  • planned time off (e.g., vacation)
  • unplanned time off (e.g., sick leave)
  • paid holidays
  • paid parental leave
© 2026 Teal Labs, Inc
Privacy PolicyTerms of Service