Pioneering Medicines: Director Business Development Transactions

Flagship Pioneering; Cambridge (MA); On-site; USD 120,000 - 160,000; Full time

Benefits offered by this job

Comprehensive healthcare and dental coverage

Paid flexible time off

401k retirement plan

Mental health program via Calm

Job summary

Flagship Pioneering in Cambridge, MA is seeking an Associate Director/Director of Business Development. This role involves leading strategic transactions across the Flagship ecosystem and requires strong organizational and communication skills. Candidates should have a Bachelor's degree in life sciences or business administration, preferably with an MBA, and at least 5 years of experience in business development within the biotech or pharmaceutical industries. The position offers a dynamic work environment and comprehensive healthcare benefits.

Qualifications

• 5+ years of experience in business development, partnership management or alliance management in pharma or biotech.
• Expertise with contracts and a track record of negotiations.
• Proven ability to collaborate across diverse functions.

Responsibilities

• Lead structuring, negotiating, and completion of in‑licensing and out‑licensing transactions.
• Collaborate with Partnering team and cross‑functional leaders.
• Prepare opportunity assessments and financial analysis.

Skills

Contracts expertise

Strong analytical skills

Business development

Leadership skills

Excellent communication

Education

Bachelor’s degree in life sciences, business administration or related field

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 Medicines is 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.

Position Summary

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