Valuation, Transaction Support & Strategy in Life Sciences & Healthcare

Understanding assets and markets for strategic and financial decision-support

Who We Are

Elm Innovation Advisors is a boutique strategy and financial advisory firm built for the industries where complexity, capital, and innovation intersect. We serve early-stage and mature companies in life sciences, healthcare, and technology - alongside the investors, bankers, and legal advisors who support them.

Our work focuses on high-stakes moments. We offer a set of services that address the circumstances and decisions where significant value can be created. We advise on fundamental strategy questions and fundraising/partnering/M&A. Additionally, we offer contract senior executive services in finance and commercialization.

In select situations, we make private investments in early-stage companies where we believe our insight, involvement, and conviction can accelerate growth and enterprise value.

What We Do

We combine deep industry expertise with rigorous analysis to support strategy and execution across the venture lifecycle. Our core advisory services include:

We work in sectors that demand both intellectual depth and real-world execution. Our team brings years of experience advising and operating in these industries:

We understand the nuances that drive valuation, differentiation, and partner interest in all the industries that we serve.

Industry Expertise

Our Clients

We understand the nuances that drive valuation, differentiation, and partner interest in each domain.

Our clients include:

Founders, executives, and boards

Venture and growth investors

Investment banks

Legal advisors

We work across the innovation ecosystem, supporting those building the future.

blue and purple bubbles in close up photography

Excellence | Enablement | Urgency

Company News

Jeff Williamson Joins Elm as Partner

Elm is pleased to announce that Jeff Williamson has joined the firm as a Partner. Jeff brings over two decades of experience as a healthcare and life sciences strategist. His work spans pricing and access, market assessment, competitive analysis, and forecasting. He has advised leading pharmaceutical and biotechnology companies on value creation, commercialization, and evidence articulation strategies. His prior experience includes leadership and content roles at L.E.K. Consulting, Trinity Pharma Solutions, and RNA Advisors. He has also served as Head of Market Access for a precision cancer care diagnostic company.

Return on Investment for AI-Enabled R&D

A look at how lessons from HTS may guide our understanding of future value

This white paper argues that even if AI drug discovery initially mirrors the pattern seen with HTS, its broader capabilities provide a path beyond candidate discovery, enabling improved clinical outcomes and potentially shifting how therapeutic success is measured and achieved. Thus, early ROI similarities between HTS and AI-enabled discovery are likely to diverge as more data becomes available, and economic returns will be realized in materially different ways.