Asset Manager

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BioMotiv

BioMotiv is the mission-driven accelerator associated with The Harrington Project for Discovery & Development, a $340 million US and UK initiative for...

BioMotiv logo

BioMotiv

BioMotiv is the mission-driven accelerator associated with The Harrington Project for Discovery & Development, a $340 million US and UK initiative for advancing medicine centered at University Hospitals in Cleveland. The focus is to accelerate breakthrough discoveries from research institutions into therapeutics for patients through an innovative model that efficiently aligns capital and collaborations. The company leverages an experienced team and advisory board to select, fund, and actively manage and advance a portfolio of programs.

General information

Firm type

Asset Manager

Year founded

2010

Location

Region

North America

Country

United States

City

Cleveland

Corporate office

Cleveland, OH, United States

Additional offices

Indianapolis, IN, United States

Principals

Baiju R. Shah

CEO

Michael D. Sosin

Managing Director

Sector focus

TherapeuticsMedical DevicesDiagnosticsLife SciencesBiotech

Frequently asked questions

Who runs investment decisions at BioMotiv?

CEO Baiju R. Shah leads investment strategy and firm operations, with Managing Director Michael D. Sosin overseeing deal execution. Both have extensive backgrounds in life sciences entrepreneurship and venture capital (per public record).

How does BioMotiv source proprietary deal flow?

BioMotiv's primary deal flow comes through the Harrington Discovery Institute, an affiliated nonprofit that identifies and funds early-stage academic research with therapeutic potential. This exclusive pipeline gives BioMotiv access to discoveries from leading academic medical centers before they reach the broader venture market.

Is BioMotiv structured as a single family office or does it operate more like a venture firm?

BioMotiv operates as a mission-driven asset manager rather than a family office. It was founded with philanthropic backing from the Harrington Project and functions as a for-profit investment entity that raises capital from institutional investors, similar to a specialized venture firm.

Does BioMotiv participate in fund commitments or only direct deals?

BioMotiv focuses exclusively on direct investments — specifically, it builds new portfolio companies from the ground up rather than making minority equity investments in existing firms. Each portfolio company is typically created as a standalone entity.

What investment stages does BioMotiv typically target?

The firm targets preclinical through Phase I-stage therapeutic programs, as well as early-stage medical device and diagnostic opportunities. It typically funds and operates companies through initial proof-of-concept and Phase I clinical data before seeking external partners or later-stage investors.

Which sectors does BioMotiv explicitly avoid?

BioMotiv does not publicly state explicit exclusion criteria, but its disclosed portfolio suggests a focus on human therapeutics, medical devices, and diagnostics, with no disclosed activity in digital health, health IT, or later-stage biotech.

Where does the underlying wealth come from?

BioMotiv was launched through the Harrington Project, a nonprofit initiative based at University Hospitals in Cleveland funded by philanthropist Dr. Michael J. Harrington. The firm itself is not a family office but a for-profit entity supported by institutional capital.

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