Ilonna J. Rimm, MD PhD CFA

CEO and Founder, Morninglight Healthcare Capital LLC

Dr. Ilonna Rimm invests in small cap healthcare companies via Morninglight Healthcare Capital LLC. She brings unique healthcare finance skills and great expertise for healthcare innovation to her investing role. She made significant positive investment decisions in both public and private equity, worked in large and small biotech/pharma companies, and led a team of stem cell transplant physicians in her most recent role in academic medicine.

Dr. Rimm’s passion for this work grows from her professional experience with the lifesaving capacity of new medicines. Early in her career, she cared for two children with terminal pediatric oncologic diseases. Given the gravity of their situation, she offered these children new medicines as part of clinical trials, and later had the privilege of watching them grow to adulthood, convincing her to dedicate her career to allocating resources for the best healthcare innovation.

In Dr. Rimm’s most recent position as a Healthcare Research Analyst at Trillium Asset Management, a socially responsible investing firm, she led buy/sell decisions for 23 Healthcare equities on the Trillium Buy List. She managed more than $200 million and was recognized as an outstanding Analyst who contributed substantially to the success of the Trillium portfolios. Earlier, Dr. Rimm worked as an Executive-in-Residence at Oxford Bioscience Partners, a life-science venture capital firm, where she advised the General Partners on capital commitment decisions. As an executive at Wyeth Pharmaceuticals, she negotiated oncology and genomics deals and initiated oncology clinical trials. Dr. Rimm began her career as an Assistant Professor of Pediatrics (Pediatric Oncology) and an Attending Physician in Bone Marrow Transplant Units. She served on the Harvard Medical School Faculty for seven years.

Given Dr. Rimm’s MD and PhD, her recently earned CFA designation has generated an investor with a truly unique combination of skills. Dr. Rimm bridges the worlds of finance, medicine, and science and she brings exceptional insights to healthcare investment. She was the youngest person to ever receive an MD, PhD (Immunology) from Harvard Medical School. She also earned a BS with Honors from University of Wisconsin.

Dr. Rimm co-authored two books, See Jane Win, a New York Times and Wall Street Journal Bestseller, and Jane Wins Again. She is married to Dr. Joseph Madsen, a Harvard neurosurgeon, and they reside in Newton, Massachusetts. Ilonna’s hobbies include family time with the three children and three grandchildren, stand-up comedy and dance.