Director, Business Development

Larimar Therapeutics, Inc.; Philadelphia (Philadelphia County); On-site; USD 180,000 - 280,000; Full time

Job summary

A biotechnology firm is seeking a Director of Business Development to lead strategic partnerships and evaluate growth opportunities. The ideal candidate will have over 10 years of experience in corporate strategy or business development within global life sciences. Responsibilities include creating and executing strategic plans, managing third-party interactions, and conducting market analysis. Strong financial modeling, analytical skills, and the ability to lead cross-functional teams are essential to succeed in this fast-paced environment.

Qualifications

• 10+ years of experience in corporate strategy or business development.
• Experience in a global life sciences organization.
• Strong financial modeling and analytical skills.
• Strong financial modeling and Excel skills required, in addition to strong PowerPoint skills.
• Experience working with cross-functional teams and managing complex projects.
• Strong analytical and problem-solving skills.
• Excellent communication and presentation skills.
• Ability to work effectively in a fast-paced, dynamic environment.
• Strong leadership and team-building skills.

Responsibilities

• Collaborate on strategic partnering plans.
• Manage interactions with third parties.
• Evaluate partner and licensing opportunities.
• Conduct market analysis to support growth.
• Manage external advisors including investment banks, consulting firms, and legal counsel during transaction processes.
• Conduct market analysis and research, and competitive benchmarking to support growth opportunities, emerging trends, and potential threats.
• Foster collaborative and supportive cross-functional working relationships, including engaging the senior leadership team in the development and prioritization of long-term strategies and acting as a thought partner with the business to make effective and timely decisions.
• Provide strategic guidance and recommendations to senior leadership based on industry analysis, best practices, and emerging trends.

Skills

Financial modeling

Communication

Analytical skills

Team-building

Problem-solving

Presentation skills

Education

Bachelor's degree in business or related field

Tools

Excel

PowerPoint

Job description

Description

About Us:

Larimar Therapeutics Inc. (Larimar) is a publicly held clinical-stage biotechnology company focused on developing treatments for patients suffering from complex rare diseases using its novel cell penetrating peptide technology platform. Our lead product candidate, Nomlabofusp (formerly referred to as CTI-1601), is a subcutaneously administered, recombinant fusion protein intended to deliver human frataxin (FXN), an essential protein to the mitochondria of patients with Friedreich’s ataxia. Friedreich’s ataxia is a rare, progressive, and fatal disease in which patients are unable to produce sufficient FXN due to genetic abnormality.

The company has assembled an experienced management team, each of whom has over 20 years of pharmaceutical industry experience and has over 50 employees. Their management team, employees, and consultants have significant expertise in discovery, nonclinical and clinical development, regulatory affairs, and the development of manufacturing processes utilizing good manufacturing practices.

The company’s strategy is to become a leader in the treatment of rare diseases by leveraging their technology platform and applying their team’s know-how to the development of nomlabofusp and other future pipeline projects. We are best characterized by entrepreneurial and scientific leadership and a participatory workforce committed to success.

If you are searching for a company where urgency, agility, and commitment to science win the day – we welcome you!

About the job

We are seeking an exceptional Director, Business Development, to join us at a pivotal moment of growth and transformation. Reporting directly to the Chief Financial Officer, you will be instrumental in identifying and executing on business development opportunities and evaluating partnerships. The successful candidate will have a deep understanding of business and market dynamics, transactions and partnerships, a track record of developing and executing successful corporate strategies, robust understanding of finance, and the ability to work collaboratively with cross-functional teams.

Responsibilities

• Collaborate with senior management to create and execute long-range strategic partnering plans that align with the organization's vision, mission, and goals
• Manage day-to-day interactions with third parties including ensuring timely and responsive follow-up, including data room management
• Evaluate and execute strategic partner and licensing opportunities
• Build financial models and business cases to evaluate strategic partnering and investment opportunities
• Manage external advisors including investment banks, consulting firms, and legal counsel during transaction processes
• Conduct market analysis and research, and competitive benchmarking to support growth opportunities, emerging trends, and potential threats
• Foster collaborative and supportive cross-functional working relationships, including engaging the senior leadership team in the development and prioritization of long-term strategies and acting as a thought partner with the business to make effective and timely decisions
• Provide strategic guidance and recommendations to senior leadership based on industry analysis, best practices, and emerging trends

Requirements

Qualifications

• Bachelor's degree in business, economics, life sciences, or related field
• 10+ years of progressive experience in corporate strategy, business development, strategy consulting, M&A, investment banking or related field
• Experience working in a global life sciences organization required.
• Strong financial modeling and Excel skills required, in addition to strong PowerPoint skills
• Experience working with cross-functional teams and managing complex projects
• Strong analytical and problem-solving skills
• Excellent communication and presentation skills
• Ability to work effectively in a fast-paced, dynamic environment
• Strong leadership and team-building skills