Pioneering Medicines | Cambridge, MA Pioneering Medicines: Associate Director/ Director Busines[...]

Flagship Pioneering; Cambridge (MA); On-site; USD 90,000 - 150,000; Full time

Job summary

An innovative firm is seeking an Associate Director/Director of Business Development to spearhead strategic transactions. This role involves leading negotiations, supporting due diligence, and collaborating with diverse teams to foster partnerships. The ideal candidate will thrive in a dynamic environment, utilizing their strong communication and analytical skills to influence and drive results. Join a pioneering company committed to transforming healthcare through cutting-edge solutions and a collaborative approach, where your contributions will significantly impact patient outcomes and the future of medicine.

Benefits

Competitive healthcare

Dental insurance

Vision insurance

401k

Disability insurance

Life insurance

Mental health programs

Qualifications

• 5+ years in business development or alliance management within pharma or biotech.
• Strong analytical, financial, and problem-solving skills.

Responsibilities

• Lead structuring, negotiation, and completion of transactions.
• Collaborate with cross-functional leaders to execute strategies.

Skills

Business Development

Negotiation

Analytical Skills

Communication

Leadership

Strategic Thinking

Education

Bachelor’s in Life Sciences

MBA or Advanced Degree

Job description

Pioneering Medicines: Associate Director/ Director Business Development Transactions

Cambridge, MA USA

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

About Pioneering Medicines

Pioneering Medicines is dedicated to conceiving and developing a broad portfolio of life-changing treatments by leveraging Flagship’s bioplatforms and innovation process. By harnessing Flagship’s first-in-category platforms, the team creates and advances novel medicines, partnering within Flagship’s ecosystem to expand their portfolios into new areas, ultimately delivering benefits to more patients, sooner. Currently, with 11 ongoing programs and plans for more than 15 in 2024, Pioneering Medicines collaborates with external partners such as Novo Nordisk, Pfizer, and the Cystic Fibrosis Foundation.

Position Summary

As the Associate Director/Director, Business Development, Transactions, you will lead strategic transactions for Pioneering Medicines and other Flagship companies. This role requires influence across the ecosystem, strong organizational, communication, and presentation skills, scientific acumen, strategic thinking, and a collaborative approach. The candidate will thrive in a fast-paced, entrepreneurial environment.

Key Responsibilities

Lead structuring, negotiation, and completion of in-licensing, out-licensing, and asset sale transactions. Support due diligence and financial analysis, and present findings to leadership and investors.

Specific Responsibilities

• Collaborate with the Partnering team and cross-functional leaders to execute business development strategies.
• Build credibility through understanding of biotech and pharma deal landscapes.
• Prepare opportunity assessments, including scientific rationale, partnership frameworks, financials, and competitive analyses.
• Foster collaboration across R&D, operations, finance, and legal teams.
• Engage with potential partners, establishing relationships and communicating Flagship’s vision.
• Refine partnership operations, tracking, and execution practices.
• Coordinate internal Partnering meetings, setting agendas, tracking actions, and following up.
• Develop and monitor objectives, and participate in health checks for key partners.

Key Qualifications

• Bachelor’s in life sciences, business, or related field; MBA or advanced degree preferred.
• Experience with contracts and negotiations.
• 5+ years in business development or alliance management within pharma or biotech.
• Strong analytical, financial, and problem-solving skills.
• Ability to manage complex relationships and interface with external partners.
• Excellent communication, organizational, and leadership skills.
• Proven ability to influence and work independently in a dynamic environment.

What We Offer

• Competitive healthcare, dental, vision, 401k, disability, life insurance, mental health programs, and other benefits.
• A dynamic, entrepreneurial work environment with opportunities for growth and collaboration.

About Flagship Pioneering

Flagship invents and builds platform companies that change the world, combining scientific innovation, entrepreneurship, and capital to address urgent challenges in health and sustainability. Recognized on Fortune’s “Change the World” list and Fast Company’s Most Innovative Companies, Flagship is committed to diversity and inclusion.

Note: We welcome candidates with diverse backgrounds and experiences. Recruitment agencies are instructed not to submit unsolicited resumes unless directly engaged by Flagship’s Talent Acquisition team.