Head of Deal Sourcing and Evaluation
5 days ago
About Us
">At Formation Bio, we are committed to revolutionizing the pharmaceutical industry through cutting-edge technology and innovative approaches. As a technology-driven pharmaceutical company, we have developed unique platforms, processes, and capabilities to accelerate all aspects of drug development and clinical trials.
">We are driven by a shared set of values that guide our mission to bring new medicines to patients faster and more efficiently. Our team and individual contributors share these same values, and every team and individual plays a key part in our mission to transform the pharma industry.
">The Opportunity
">The VP of Search and Evaluation will lead Formation Bio's search and evaluation efforts, overseeing all aspects of deal sourcing, evaluation, and diligence. This role is responsible for developing and executing the company's in-licensing strategy, including therapeutic area (TA) focus, modality, and stage of development.
">- ">
- Develop and execute the in-licensing strategy to drive business growth and expand Formation Bio's pipeline;">
- Build and maintain strategic relationships with academic institutions, biotech, and large pharma partners to identify and advance potential opportunities;">
- Lead the diligence process, including defining scope, parameters, and evaluation criteria;">
- Collaborate closely with internal stakeholders (scientific, commercial, legal, etc.) to ensure cross-functional input during diligence and decision-making;">
- Identify, assess, and prioritize potential deals for in-licensing, including scouting and evaluating external innovation;">
- Deliver fully vetted, high-potential deals to the transactions team for negotiation and execution;">
- Represent Formation Bio externally at conferences, industry events, and in key partner discussions to strengthen the company's visibility and deal-making network;">
- Stay ahead of emerging trends in drug development, scientific breakthroughs, and partnership models to position Formation Bio as a leader in deal execution and innovation.">
This senior leader should have significant experience in drug development, deal-making, and partnership management. They should also have a strong track record of success in identifying and executing strategic partnerships and collaborations.
">Estimated Salary Range: $305,000 - $380,000
">We offer competitive compensation because we want to hire the best people and reward them for their contributions to our mission. On top of base salary, we also offer equity, generous perks, location flexibility, and comprehensive benefits.
">We are an equal opportunity employer and welcome applicants from diverse backgrounds.
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