Sr. Manager, Business Development

BioSpace; South Brunswick (NJ); Hybrid; USD 155,000 - 185,000; Full time

Benefits offered by this job

Incentives including bonus eligibility

Medical, dental, vision, Rx insurance

401K with match

Life insurance

Paid Holidays, PTO, Volunteer Time

Job summary

Tris Pharma, Inc. in Monmouth Junction, NJ is seeking a Senior Manager, Business Development for a HYBRID role. You will evaluate acquisition, in-license and out-licensing opportunities, build financial models, and present recommendations to executives.

Collaborate across Research, Regulatory, Commercial and Legal to drive strategic deals. The ideal candidate has a minimum 2 years in pharma BD or related fields, with strong analytical abilities and Excel proficiency, and willingness to travel

Qualifications

• Bachelor’s degree in business or life sciences; MBA/MD preferred.
• Minimum 2 years business development experience in pharma or related field.
• Ability to explain complex concepts to executives.

Responsibilities

• Evaluate in-license/M&A opportunities and identify strategic fit.
• Lead out-licensing, capital raising, and deal structuring efforts.
• Build robust financial models and present scenarios to leadership.
• Prepare concise presentations for senior management and external stakeholders.
• Collaborate with Research, Regulatory, Commercial, Legal, and other teams.
• Maintain up-to-date knowledge of BD data sources and market trends.

Skills

Analytical skills

Explain complex concepts

Cross-functional

Excel

Education

Bachelor's degree in business or life sciences

MBA/MD preferred

Tools

Microsoft Office/Excel

Job description

Tris Pharma, Inc. (www.trispharma.com) is a leading privately-owned and fully-integrated biopharmaceutical company in the U.S. with a focus on development and commercialization of innovative medicines that address unmet patient needs. We are a CNS-focused company with multiple marketed products and a robust pipeline of differentiated programs addressing disorders in psychiatry, pain, and neurology. We have more than 150 US and International patents and applications, and significant presence around the world through our global partners.

Our proprietary science and technology make us unique, but it is our team members that set us apart; they are the engine that fuels Tris' passion and innovation. Tris colleagues understand the criticality of operating a successful business and take pride in the company’s success. But of equal importance to each member of the team is how we interact with one another on a daily basis. We believe in each other and we believe in respectful, open and honest communications to help support individual and team success.

We have an immediate opening in our Monmouth Junction, NJ facility for a Senior Manager, Business Development.

The primary role of the Senior Manager, Business Development is to evaluate acquisition, in-licensing and out-licensing opportunities and make recommendations regarding the same. This is a unique opportunity to play a significant role across both buy-side and sell-side projects in a growing, mid-sized organization. She/he will have key responsibilities across the deal process including identification of opportunities, evaluation from a strategic, commercial, scientific, and financial standpoint, and execution (due diligence, negotiation, etc.). She/he will be expected to interact with and present their work to internal and external executives.

Essential Functions

• Significantly contribute to the evaluation and execution of in-license/M&A opportunities identify and screen opportunities, analyze market and competitive landscape, assess financial and overall potential, determine strategic fit, evaluate alternatives manage due diligence process, and synthesize and present findings/ recommendations to senior management
• Lead critical aspects of out-licensing and capital raising processes: support storyline development, lead outreach and build relationships with prospective partners, manage due diligence process, and heavily support deal structuring and negotiation.
• Prepare and present robust financial models to assess opportunities under evaluation; provide input on deal terms and creation of relevant clinical, regulatory, and commercial scenarios
• Prepare clear and concise presentations across a range of BD projects to senior management and external stakeholders
• Collaborate and partner with a range of internal functions to support business development and other strategic initiatives. This includes, but is not limited to: Research, Product Development, Clinical Development, Regulatory Affairs, CMC, New Products, Sales & Marketing, and Legal.
• Maintain and develop expertise in the use of the relevant data sources used by business development.

Requirements

• Bachelor’s degree in a business or scientific discipline (MBA, MD or graduate degree in life sciences PREFERRED) and minimum 2 years business development experience in a pharmaceutical company OR comparable experience within an investment bank, venture capital fund or consulting firm.
• Ability to explain complex concepts and synthesize recommendations to an executive-level audience
• Strong analytical skills, proficiency with financial modeling and demonstrated understanding of fundamental corporate finance and accounting topics
• Exceptional intellectual curiosity and a desire to work closely with cross-functional team members and be a thought partner across functions
• Thorough knowledge of pharmaceutical market and experience with opportunity assessment, product development and life-cycle management strategies
• Demonstrated proficiency with Microsoft Office software, especially Excel
• Ability and willingness to travel overnight/internationally, as required, to successfully perform the assigned role

Work Arrangements: We are a HYBRID work environment requiring local candidates to be able to work majority of week in our NJ office.

Anticipated salary range: $155 to $185K/yr. Base salary offered is contingent on assessment of candidate’s education and experience level relative to requirements of the position and a review of related industry standards and internal equity.

Additional benefits: In addition to base salary, full-time employees are also eligible for incentives, including, but not limited to: bonus eligible, medical, dental, vision, Rx insurance, 401K with match, life insurance, paid Company Holidays, PTO, Paid Volunteer Time and Employee Resource Groups.

Tris Pharma, Inc. offers a highly competitive compensation and benefits package. To build and enhance our diverse workforce, we encourage applications from individuals with disabilities, minorities, veterans, women, LGBTQ, etc. Tris Pharma, Inc. is an Equal Opportunity Employer.