We are partnered with a venture-backed biotechnology startup focused in cancer therapeutics seeking a Head of Business Development .
In this role, you will be responsible for the creation and execution of business development strategy to maximize the potential of this unique technology platform.
This is a Sr. Director / VP / SVP / CBO level opportunity reporting directly to the CEO.
Essential Job Responsibilities
- Serve as a member of the leadership team and lead the development of an ambitious business development plan.
- Identify and source potential partners relevant to the technology platform.
- Generate and manage business development materials and communications for prospective partners.
- Lead negotiation and due diligence processes for partnership deals.
- Collaborate with the scientific team to prioritize therapeutic targets and valuable data packages to drive success of the business development plan.
- Establish and oversee an internal business development organizational system.
- Recruit, nurture, and mentor a high-performing business development team.
- Actively engage in various forums, internal (e.g., Board of Directors meetings) and external (business development conferences).
- Cultivate and maintain a robust network of potential partners and key contacts, fostering long-term relationships.
Required Skills and Experience
- BS, MS, or PhD in biology, chemistry, or another scientific field.
- 10+ years progressive business development experience, including 2+ years in roles with leadership responsibilities.
- Proven success in initiating, closing, and managing significant business development transactions, especially for platform technologies.
- Demonstrated experience in structuring, negotiating, and closing a wide range of transactions (strategic alliances, M&A, licensing agreements, joint ventures, equity investments, etc.)
- An extensive network within the pharmaceutical and biotech / biopharma sectors, with a focus on oncology therapeutics companies.
- Solid scientific background, ideally in therapeutics, complemented by a comprehensive understanding of drug discovery trends and the competitive landscape.
- Ability to interface effectively with various departments including leadership, R&D, finance, legal, and with external stakeholders.
- Experience in building, developing, and leading high-performing teams.
Preferred Skills and Experience
- Experience in a fast-paced, venture-backed startup environment.
- Buy-side business development experience in biotech or pharma.
- Sell-side business development experience within a platform biotechnology company.
- In-depth understanding of oncology therapeutics and / or small molecule drug development.
Salary and Benefits
The base salary for this role will be dependent on experience and the level of role offered, with a targeted annual base salary range of $175,000 - $250,000.
In addition, performance bonuses will be based on the value of deals closed.
Benefits package includes but is not limited to the following :
- Medical / dental / vision insurance with 100% company-paid premiums for employees and 50% company-paid for dependents
- $112 / month commuter and transportation reimbursement program
- 401(k) plan with a 4% company contribution (regardless of employee contribution)
- Basic Life and AD&D Insurance
- 4 weeks of paid time off PLUS a paid end-of-year shutdown between Christmas Day and New Year's day
- 10 paid holidays
- Weekly meals, snacks, and drinks
- Flexible working hours
- Flexible working environment and schedule
- Yearly company retreat and quarterly company events