Pioneering Medicines: Director Business Development Transactions

Flagship Pioneering • Cambridge, MA

19h

About The Position

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. 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.

Requirements

• 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.

Responsibilities

• Lead the structuring, negotiating and completion of in-licensing, out-licensing and asset sale transactions for Pioneering Medicines.
• Negotiate all types of strategic transactions for companies across the Flagship ecosystem.
• Lead diligence and financial analysis in support of new deals.
• Present key findings to company leadership and investment decision-makers.
• 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.

Benefits

• 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
• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Director
• Number of Employees: 501-1,000 employees