Job Description
The Business Development Transactions, Sr Director will be responsible for leading / supporting cross-functional technical and corporate due diligence efforts and the negotiation and execution of a range of business development transactions, including collaborations, licenses, financings, mergers and acquisitions, all aimed at helping Vertex achieve its strategic objectives and create sustained revenue and earnings growth.
Key Duties and Responsibilities :
- Leads large cross-functional technical and corporate diligence teams
- Prepare diligence read-outs reflecting technical, financial and corporate analyses of potential partners / targets and potential impacts on Vertex
- Collaborate with relevant stakeholders to develop proposals for structuring and negotiating a range of deals
- Solicit internal feedback on deal issues and ensure feedback is incorporated into deal documents in a manner that addresses Vertex's business needs and appropriately balances risks
- Actively track issues in deal documents and develops thoughtful solutions
- Provide input in the development of negotiation strategy and leads or supports counterparty negotiations
- Prepare supporting documentation for transactions, including external presentations, management presentations, investor materials and Board presentations
- Work seamlessly with the External Innovation team in their identification and technical evaluation of potential opportunities and the Alliance Management team in their integration and management of collaborative relationships
- Contribute positively to the culture of a small, mission-oriented, collegial team
Knowledge and Skills :
In-depth knowledge of the drug research and development process and the regulatory, reimbursement and commercial environmentsAbility to understand technical diligence and synthesize outputs into concise, clear business case for executive leadersAble to think creatively and strategically to identify deal issues and mitigation strategiesAdept at handling multiple projects and tight deadlines in a fast-paced environment while maintaining attention to detailComfortable reading and understanding complex legal agreementsAbility to work cross-functionally within and beyond the Business Development organization Experience working with both internal and external multidisciplinary teams including R&D, Commercial, Legal, IP, Finance and OperationsExcellent written and verbal communication skills and ability to think on your feetAbility to prepare clear and influential power point presentationsHigh emotional intelligence and ability to forge relationships internally, as well as externally.A desire to be part of a highly innovative company aimed at transforming the lives of people with serious diseasesEducation and Experience :
Bachelor's degree required; advanced scientific degree strongly preferred10+ years relevant biotech experience, deal sheet demonstrating experience and specific rolesAbility to advise on and make risk-informed business decisions appropriate for levelVertex is committed to equal employment opportunity and non-discrimination for all employees and qualified applicants without regard to a person's race, color, sex, gender identity or expression, age, religion, national origin, ancestry, ethnicity, disability, veteran status, genetic information, sexual orientation, marital status, or any characteristic protected under applicable law. Vertex is an E-Verify Employer in the United States. Vertex will make reasonable accommodations for qualified individuals with known disabilities, in accordance with applicable law.
Any applicant requiring an accommodation in connection with the hiring process and / or to perform the essential functions of the position for which the applicant has applied should make a request to the recruiter or hiring manager, or contact Talent Acquisition at ApplicationAssistance@vrtx.com
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