Director of Business Development

Role Overview

The Director of Business Development will have responsibility for evaluating external growth opportunities and, where appropriate, executing transactions to access the assets of interest. The Director BD regularly interfaces with therapeutic area heads, search and evaluation, alliance management, and senior management. This position is at the epicenter of the evolving landscape and is critical in helping identify, evaluate, and weigh-in on opportunities in the marketplace.

What You Will Do

Partners with Search & Evaluation team and the therapeutic area heads to improve identification of deals of interest and drive diligence to quickly come to “go” or “no go” decisions. Leads cross-functional evaluations of all aspects of therapeutic drug programs from preclinical through clinical stages across the relevant assessment areas: proposed clinical benefit, mechanism, preclinical data, manufacturing, regulatory strategy, clinical development path, intellectual property and commercial potential. Participates in and, ideally leads negotiations in business transactions.

Why It Might Be a Fit

The Director of Business Development is a member of the global transactions group and reports to the Senior Director, Business Development. The Director works with colleagues through a matrix organization. Key stakeholders include members of executive management and global members of management in Research and Development and Commercial organizations. External collaborators include, industry peers and executives, and academic researchers.

Requirements

• Bachelor’s degree required; advanced degree preferred
• 8+ years of relevant experience required
• Experience in pharmaceutical or biotechnology organizations preferred
• Demonstrated record of presenting to senior management of partnership opportunities
• Demonstrated ability to build rapport with therapeutic and functional area leader
• Strong analytical skills required to provide sound inputs into financial evaluations
• Strong presentation skills
• Proven ability to lead all elements of due diligence and deal negotiation
• Ability to identify and prioritize risks across functional areas, weigh those appropriately with benefits of investment, and effectively frame business decisions for senior management
• Ability to successfully navigate internal dynamics, experience working in a matrix organization preferred

Benefits

• Medical, dental and vision coverage
• Life insurance
• Disability insurance
• 401(k) savings plan
• Flexible spending accounts
• Employee assistance program
• Tuition reimbursement program
• Voluntary benefits such as group legal, critical illness, identity theft protection, pet insurance and auto/home insurance
• Time off pursuant to its sick time policy, flexible vacation policy and parental leave policy