Pioneering Medicines: Associate Director/ Director Business Development Transactions

Flagship Pioneering; Cambridge (MA); On-site; USD 120,000 - 150,000; Full time

Job summary

A leading biotechnology company is seeking an Associate Director/Director of Business Development to lead strategic transactions. The ideal candidate will possess strong analytical and communication skills, and thrive in a fast-paced environment, contributing to innovative treatment solutions.

Benefits

Comprehensive healthcare and dental coverage

Paid flexible time off

401k retirement plan

Mental health program via Calm

Qualifications

• 5+ years of experience in business development or alliance management.
• Expertise with contracts and a track record of negotiations.

Responsibilities

• Lead structuring, negotiating and completion of transactions.
• Collaborate closely with Partnering team and cross-functional leaders.

Skills

Analytical

Communication

Leadership

Problem-Solving

Education

Bachelor’s degree in life sciences

MBA or relevant advanced degree

Job description

What if... We could harness the power of Flagship’s scientific platforms and create novel treatment options that benefit more patients, sooner?

Pioneering Medicinesis dedicated to conceiving and developing a broad portfolio of life-changing treatments by leveraging and expanding the use of Flagship’s multiple bioplatforms and Flagship’s proprietary innovation process. By harnessing the power of Flagship’s first-in-category platforms, Pioneering Medicines creates and advances novel medicines, partnering with Flagship companies to accelerate the extension of their portfolios into new areas and show that the platform can be applied more broadly, thereby delivering benefits to more patients, sooner.
With a highly experienced drug development team and access to the wide ecosystem of Flagship companies, Pioneering Medicines is well positioned to conceive new medicine ideas both internally and in collaboration with strategic partners and advance these assets through to significant value inflection. Pioneering Medicines currently has 11 programs ongoing with plans to have more than 15 programs in 2024. Pioneering Medicines works with external strategic partners including Novo Nordisk, Pfizer, and the Cystic Fibrosis Foundation and continues to engage in discussions on potential partnerships.

Position Summary

As the Associate Director/Director, Business Development, Transactions you will be responsible for leading strategic transactions for Pioneering Medicines and for select company's 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.

Key Responsibilities

In this role you will lead the structuring, negotiating and completion of in-licensing, out-licensing and asset sale transactions for Pioneering Medicines and for negotiating all types of strategic transactions for companies across the Flagship ecosystem. Additional responsibilities include leading diligence and financial analysis in support of new deals and presenting key findings to company leadership and investment decision-makers.

Specific Responsibilities

• 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; MBA or relevant advanced degree a plus.
• Expertise with contracts and a track record of negotiations.
• 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.

What We’ll Offer You

• Comprehensive, competitive healthcare and dental coverage through Blue Cross Blue Shield, vision coverage through VSP, family leave, paid flexible time off, 401k retirement plan, disability and life insurance, mental health program via Calm, backup care for children/senior and fully covered parking/commuter benefits.
• A dynamic work environment with entrepreneurial spirit and highly interdisciplinary, talented, and collaborative team. Opportunities to work with Flagship scientific platforms/portfolios and create novel treatment options that benefit more patients sooner.
• Professional growth opportunities through mentoring, training, immersion in cross-functional projects, and opportunities to learn and try new things.

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 arecommitted to equal employment opportunityregardless 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 (collectively, “FSP”) do not accept unsolicited resumes from any source other than candidates. The submission of unsolicited resumes by recruitment or staffing agencies to FSP 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 FSP, and FSP will not owe any referral or other fees with respect thereto.

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