Senior Executive, Business Development and Partnerships
7 days ago
We are seeking an experienced senior executive to lead our business development and partnerships efforts. As a key member of our leadership team, you will be responsible for identifying and pursuing strategic opportunities to drive growth and innovation.
Key Responsibilities- Develop and execute a comprehensive business development strategy to support our corporate and scientific mandate.
- Spearhead our global therapeutics-focused business development activities and manage a small team of corporate development professionals.
- Work closely with our executive and scientific leaders to source opportunities that align with our therapeutic areas of focus.
- Lead out-licensing initiatives to identify potential partners for select programs in our portfolio.
- Identify opportunities for partnerships with large pharma or biotech companies to scale or accelerate our impact.
- Run partnership discussion processes, including due diligence, term sheet development, and collaboration agreement negotiation.
- Lead cross-functional teams in due diligence, including scientific, clinical, manufacturing, regulatory, marketing, financial, legal, and IP experts.
- Partner with our project management team and scientific leadership to drive best-in-class alliance management capabilities.
- Develop and communicate clear business cases to our management team and board.
- Work closely with our corporate and strategic finance colleagues to inform valuation of opportunities.
- Represent insitro at external meetings, conferences, and seminars to access new opportunities and build external networks.
- Advanced medical and/or scientific degree (MD, PhD, or both) or equivalent practical experience is required.
- 15+ years of experience in business development, including scientific diligence and complex transaction experience across both buy-side and sell-side BD is required.
- Strong exposure to advanced computational approaches, including AI and machine learning, is required.
- Experience in neuroscience, metabolic disease, or oncology is a plus.
- A thorough understanding of due diligence, asset valuation, and portfolio management is required.
- Successful track record in sourcing, evaluating, prioritizing, pursuing, and onboarding high-value clinical-stage assets, preclinical assets, and research platforms.
- Experience leading or overseeing alliance management in pharma/biotech collaborations is required.
- Robust understanding of the broader healthcare data landscape is required.
- Strong capabilities in scientific and strategic analysis and communication are required.
- Exceptional collaboration skills with diverse stakeholders are required.
- Experience leading, mentoring, and managing high-performing teams is required.
- Strong network in biopharma, life science, and VC communities is required.
We offer a competitive compensation package, including a target starting salary of $270,000 - $350,000, participation in our Annual Performance Bonus Plan, and our Equity Incentive Plan. We also provide excellent medical, dental, and vision coverage, 401(k) plan with employer matching, open vacation policy, paid parental leave, and quarterly budget for books and online courses.
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