The Business Development department leads activities related to strategic partnerships and corporate strategy. This position is primarily responsible for supporting senior management decision making and leading related activities such as screening products, companies, and therapeutic areas to support development, licensing and/or M&A activities, coordinating due diligence, product/market financial modeling, developing and coordinating market research, preparing in-and out-licensing packages, negotiation support, contract review, supporting and elucidating corporate strategy, and internal cross functional communication. Strong analytical, communication, project management and project leadership skills, as well as an enterprise mindset and the ability to execute plans/projects on rigid timetables are essential. A broad business understanding of the pharmaceutical/biotech industry and the ability to coordinate cross-functionally is required.
A thorough understanding of financial evaluation techniques (especially forecasting, pro-forma product P&L modeling, cost analysis and probability adjusted NPV’s) is important. Experience with qualitative and quantitative market research techniques is preferred.