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Senior Director, Business Development Strategy - Remote

Posted 22 weeks ago
Sales / Business
Full Time
United States
$250,000 - $310,000/year, $238,000 - $295,000/year

Overview

The Senior Director of Business Development Strategy will play a pivotal role in driving Formation Bio’s strategic efforts across the Business Development function, acting as the right-hand person to the Chief Business Officer (CBO).

In Short

  • Acting as the right-hand to the Chief Business Officer (CBO).
  • Collaborating with the Head of Search & Evaluation.
  • Leading market mapping and competitive landscaping.
  • Partnering with the technology team to enhance AI-powered diligence capabilities.
  • Managing and monitoring the existing portfolio of deals and assets.
  • Supporting creative deal structures and alliance formation.
  • Leading branding and visibility efforts for the BD team.
  • Staying ahead of industry trends.

Requirements

  • Advanced degree (PhD, MBA, MD, or equivalent).
  • Experience in strategy plus business development, M&A or investing.
  • Hands-on operating experience in the biotech or pharmaceutical industry.
  • Proven ability to develop market maps and strategic frameworks.
  • Strong understanding of the biotech/pharma landscape.
  • Excellent collaboration skills.
  • Experience managing portfolios and identifying strategic partnerships.
  • Interest and expertise in AI/technology in life sciences.

Benefits

  • Equity options.
  • Generous perks.
  • Hybrid flexibility.
  • Comprehensive benefits.
Formation Bio logo

Formation Bio

Formation Bio is a technology and AI-driven pharmaceutical company that aims to revolutionize drug development by creating more efficient processes for clinical trials. Founded in 2016 as TrialSpark Inc., the company addresses the bottleneck in drug development caused by high costs and lengthy timelines. Formation Bio partners with pharmaceutical companies, research organizations, and biotechs to advance drug programs beyond clinical proof of concept, ultimately facilitating the delivery of new medicines to patients. Backed by prominent investors from both the pharmaceutical and tech industries, Formation Bio is committed to leveraging innovative quantitative approaches and technology to enhance all aspects of drug development.

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