Pioneering Medicines: Associate Director /Director Business Development

Flagship Pioneering; Cambridge (MA); On-site; USD 150,000 - 236,500; Full time

Benefits offered by this job

Healthcare coverage

Annual incentive program

Retirement benefits

Job summary

A leading biotechnology firm is seeking an Associate Director/Director, Business Development, to drive strategic transactions for Pioneering Medicines and collaboration across its ecosystem. This onsite role in Cambridge requires strong leadership, analytical, and communication skills, with a focus on partnership strategy execution. The ideal candidate has over 5 years in business development, an advanced degree, and a proven track record in complex relationship management. The position offers a salary range of $150,000 - $236,500 with healthcare and retirement benefits.

Qualifications

• 5+ years of experience in business development or partnership management.
• Strong ability to manage multiple priorities effectively.
• Experience with complex relationship management and operational efficiencies.

Responsibilities

• Lead and execute partnering strategies and negotiate transactions.
• Conduct diligence and financial analysis for new deals.
• Collaborate with cross-functional leaders to shape business development strategy.

Skills

Analytical skills

Financial acumen

Leadership skills

Communication skills

Problem-solving

Collaboration

Education

Bachelor’s degree in life sciences or related field

Advanced scientific degree

MBA

Job description

Overview

Position Summary The Associate Director/ Director, Business Development, will be responsible for leading strategic transactions for Pioneering Medicines and for select companys across the Flagship ecosystem. This role requires the ability to influence up, down and across the ecosystem as well as strong organizational, communication and presentation skills. The successful candidate will have scientific acumen, the ability to think and act strategically, be deeply collaborative, and will thrive in a fast-paced, entrepreneurial environment. This is an onsite role, requiring 4 days onsite weekly at our Cambridge, MA site.

Key Responsibilities

• Lead the efforts to shape and execute partnering strategies, drive external engagement, and negotiate transactions for Pioneering Medicines as well as for companies across the Flagship ecosystem.
• Lead diligence and financial analysis in support of new deals, developing partnership frameworks, and presenting key findings to company leadership and investment decision makers.
• Collaborate closely with other members of the Partnering team and cross-functional leaders to shape and execute Flagship's business development strategy.
• Establish credibility across the organization through a deep understanding of the biotech and pharmaceutical deals landscape.
• Prepare opportunity assessments with scientific/portfolio rationale, partnership framework and financial assessment, analysis of competitive landscape and comparable deal terms.
• Foster strong cross-functional collaboration with R&D, operations, finance, and legal.
• Drive engagement with potential top tier pharmaceutical partners establishing relationships and communicating the vision of the Flagship ecosystem.
• Identify, implement, and continuously refine best practices for partnership operations, program tracking, and execution.
• Lead the coordination and execution of key internal Partnering meetings, ensuring effective agenda setting, action tracking, and follow-up.
• Develop guiding principles and objectives, then track execution against these objectives; develop joint ways of working, and participate in health checks for key partners.

Key Qualifications

• Bachelor’s degree in life sciences, business administration, or a related field; Advanced scientific degree strongly preferred; MBA a plus.
• Experience with sell-side partnering and transaction processes.
• 5+ years of experience in business development, partnership management or alliance management within a large pharma or biotech environment.
• Strong analytical, financial, problem-solving, and decision-making skills with the ability to manage multiple priorities.
• Ability to interface with external partners.
• Demonstrated experience managing complex relationships and driving operational efficiencies.
• Proven ability to collaborate across diverse functions and lead cross-functional initiatives.
• Excellent communication and organizational skills with strong executive presence.
• Strong leadership skills and proven ability to influence others to reach common goals as well as act independently.
• Ability to thrive in a fast-paced, evolving environment and drive continuous improvement.
• Self-motivated, attention to detail, and proven ability to work well in teams.

About Flagship Pioneering

Flagship Pioneering is a biotechnology company that invents and builds platform companies that change the world. We bring together the greatest scientific minds with entrepreneurial company builders and assemble the capital to allow them to take courageous leaps. Those big leaps in human health and sustainability exponentially accelerate scientific progress in areas ranging from cancer detection and treatment to nature-positive agriculture. What sets Flagship apart is our ability to advance biotechnology by uniting life science innovation, company creation, and capital investment under one roof in a way that is largely without precedent. Our scientific founders, entrepreneurial leaders, and professional capital managers are each aligned around an institutionalized process that enables us to innovate and transform for the benefit of people and planet. Many of the companies Flagship has founded have addressed humanity’s most urgent challenges: vaccinating billions of people against COVID-19, curing intractable diseases, improving human health, preempting illness, and feeding the world by improving the resiliency and sustainability of agriculture.

Flagship has been recognized twice on FORTUNE’s “Change the World” list, an annual ranking of companies that have made a positive social and environmental impact through activities that are part of their core business strategies, and has been twice named to Fast Company’s annual list of the World’s Most Innovative Companies.

Flagship Pioneering and our ecosystem companies are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status.

At Flagship, we recognize there is no perfect candidate. If you have some of the experience listed above but not all, please apply anyway. Experience comes in many forms, skills are transferable, and passion goes a long way. We are dedicated to building diverse and inclusive teams and look forward to learning more about your unique background.

Recruitment & Staffing Agencies: Flagship Pioneering and its affiliated Flagship Lab companies do not accept unsolicited resumes from any source other than candidates. The submission of unsolicited resumes by recruitment or staffing agencies to Flagship Pioneering or its employees is strictly prohibited unless contacted directly by Flagship Pioneering’s internal Talent Acquisition team. Any resume submitted by an agency in the absence of a signed agreement will automatically become the property of Flagship Pioneering, and Flagship Pioneering will not owe any referral or other fees with respect thereto.

The salary range for this role is $150,000 - $236,500. Compensation for the role will depend on a number of factors, including a candidate’s qualifications, skills, competencies, and experience. Pioneering Medicines currently offers healthcare coverage, annual incentive program, retirement benefits and a broad range of other benefits. Compensation and benefits information is based on Pioneering Medicines' good faith estimate as of the date of publication and may be modified in the future.