Managing Director, NY Life Science Venture Fund
Teresa DeLuca, MD, MBA, is a physician executive who creates and runs Fortune 50 businesses. Noted for trendsetting repositioning, she oversees strategic acquisitions and divestitures of PBMs, and leads P&L, operations, clinical management and sales for pharmaceutical businesses. Her work is honored with Fortune’s Most Innovative Company award, and Fast Company’s Innovation List award. Today, Teresa serves as the Managing Director for the NY Life Science Venture Fund, an initiative of 12 partner institutions whose mission is to discover commercializable life sciences research and promising early-stage technology and bring them to market with venture-backed professionals.
She has been the Chief Medical Officer for Magellan, SVP at Humana, VP for Clinical Sales & National Medical Director at Walgreen Co. and VP, Personalized Medicine, Clincal Quality & Medical Policy at Medco. Prior to taking on these executive leadership roles, Teresa was Senior Director of Global Product Development Services at PRA International, and Senior Medical Scientist at GlaxoSmithKline.
She created a first-to-market personalized medicine business that increased earnings per share resulting in a stock split within its first year. She handled P&L of $13 billion and guided a staff of 900+ employees for the nation’s 4th largest pharmacy benefits manager (PBM), and was brought in by the CEO to lead the $525 million divestiture of another PBM. A sought-after speaker who delivers presentations at symposia and conferences throughout the U.S. and internationally, Teresa is also quoted in national news publications and interviewed on network television including NBC’s Today.
Teresa holds a New York state medical license and is board-certified in psychopharmacology. She was Chief Psychiatric Resident at Jefferson Medical College in Philadelphia and is currently Assistant Clinical professor of psychiatry at Mount Sinai Medical College in New York. She serves on the editorial board of American Health & Drug Benefit Journal, and writes commentary in professional and industry journals.
Teresa is an elected member of the Committee of 200 and Women Corporate Directors. She serves on the boards of Visions Services for the Blind, ChopChop and Spoons Across America, as well as the advisory boards of the American Red Cross (Greater NY Chapter), Women Business Leaders, and the Healthcare Business Association and the James Beard Foundation.