Biotech Business Development Analyst: AI-Driven Drug Deals

Formation Bio; Boston, New York (MA, NY); Hybrid; USD 106,000 - 133,000; Full time

Benefits offered by this job

Equity

Comprehensive benefits

Job summary

Formation Bio, a tech and AI-driven pharma company, seeks a Business Development professional to build scientific and clinical rationales for novel drug development ideas and acquisition targets. You will source, diligence, strategize, and contribute to new company formation and growth initiatives.

The role covers financial modeling, due diligence, and deal structuring, with opportunities to shape AI applications in asset sourcing. Hybrid work in major hubs is available.

Qualifications

• Familiarity with key business, scientific, and medical aspects of drug development.
• Experience with writing research reports and/or presentations, as well as delivering presentations that integrate multiple data sources.
• Expertise in quantitative analysis and modeling.
• Excellent written and verbal communication skills.
• Strong analytical skills and attention to detail.
• Ability to work cross-functionally within the organization (marketing, R&D, finance, etc.)

Responsibilities

• Conduct in-depth financial and strategic analysis, and market research and financial modeling to support investment recommendations.
• Help inform the investment thesis through rigorous modeling of clinical development activities, potential commercial launch trajectories and revenue projections.
• Help develop and grow a robust pipeline of targets by searching publicly available databases and online resources for novel drug development ideas.
• Review, aggregate, analyze and monitor pharmaceutical development databases and market research reports to source and evaluate potential acquisition targets.
• Construct persuasive investment theses in the form of PowerPoint presentations and supporting Excel models.
• Communicate theses directly to senior management advocating for specific drug development projects.
• Partner with senior members of the Business Development group to assist with all elements of transactions on new investments through closing, including due diligence, valuation, deal structuring, and negotiations.
• Support broader strategic initiatives with the Formation Bio Leadership Team.
• Contribute to strategic initiatives around applications of AI to asset sourcing and diligence

Skills

Drug development familiarity

Research reports

Quantitative analysis

Written & verbal communication

Cross-functional collaboration

Education

Bachelor’s degree

Job description

Formation Bio, a tech and AI-driven pharma company, seeks a Business Development professional to build scientific and clinical rationales for novel drug development ideas and acquisition targets. You will source, diligence, strategize, and contribute to new company formation and growth initiatives.

The role covers financial modeling, due diligence, and deal structuring, with opportunities to shape AI applications in asset sourcing. Hybrid work in major hubs is available.