Job Description
Business Development Officer (BDO) - Biotech Series A
Prefer experience in both in and out license. This candidate should have at least 10 year experience in large pharma BD or biotech BD with a strong deal sheet. We are looking for clinical stage drug deal experience.
Identifying and pursuing strategic partnerships, licensing deals, and potential collaborations for a young biotechnology company in its Series A funding stage, requiring a strong scientific background, market analysis skills, and experience in negotiating complex deals within the biotech industry, with a focus on building relationships with potential partners to accelerate the company's product development and market entry strategy.
Key Responsibilities:
- Market Analysis and Opportunity Identification:
- Conduct thorough market research to identify potential licensing opportunities, strategic partnerships, and new business development avenues aligned with the company's therapeutic focus and technology platform.
- Lead Generation and Relationship Building:
- Actively network with key players in the biotech industry including pharmaceutical companies, venture capitalists, research institutions, and other relevant stakeholders to establish and nurture relationships.
- Deal Structuring and Negotiation:
- Develop and execute comprehensive business development strategies, including deal terms, milestones, royalty structures, and other contractual elements for potential licensing agreements, collaborations, and joint ventures.
- Scientific Due Diligence:
- Evaluate potential partners' technology platforms, clinical data, and intellectual property landscape to assess the strategic fit and commercial viability of potential collaborations.
- Internal Collaboration:
- Work closely with cross-functional teams including R&D, clinical development, legal, and finance to ensure alignment on business development strategies and execution.
- Pitching and Presentation:
- Prepare compelling presentations to communicate the company's technology, market opportunity, and value proposition to potential partners.
- Deal Closure and Contract Management:
- Manage the entire deal negotiation process, including legal documentation, contract review, and execution to ensure successful partnership implementation.
Required Skills and Experience:
- Scientific Expertise:
- A strong understanding of biotechnology principles, drug development process, and relevant therapeutic areas.
- Business Development Acumen:
- Proven track record of successfully identifying, developing, and closing business deals within the biotech industry, ideally with experience in Series A stage companies.
- Market Analysis Skills:
- Capability to analyze market trends, competitor landscape, and identify potential market opportunities for the company's technology.
- Negotiation Skills:
- Excellent negotiation and communication skills to structure and close complex deals with key stakeholders.
- Networking Abilities:
- Strong network within the biotech industry to identify potential partners and build strategic relationships.
- Communication and Presentation Skills:
- Ability to effectively communicate complex scientific concepts to both technical and non-technical audiences.
Education and Background:
- Advanced degree in life sciences (Ph.D. or M.S.) with a strong emphasis on relevant therapeutic area is preferred.
- MBA or equivalent business degree is a plus.
- Minimum of 5-8 years of experience in biotech business development, ideally with experience in a Series A company
Job Tags
Contract work,