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Head of Business Development

Kelly Professional & Industrial
Seattle, WA, United States
$175K-$250K a year
Full-time

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
  • 3 hours ago
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