Head of Business & Corporate Development (CBO/VP)
Company: 1910genetics
Location: Boston
Posted on: November 13, 2024
Job Description:
Head of Business & Corporate Development (CBO/VP)Computation is
revolutionizing drug discovery. Advances in big chemical data,
massive computing power, artificial intelligence, and molecular
dynamics simulation are changing the way we develop new drugs. At
1910 Genetics, we put computation at the heart of drug discovery,
blending expertise in computational chemistry, structural biology,
pharmacology, genetics, data science, and software engineering to
develop drugs for previously undruggable targets.We are seeking an
experienced biotech/pharmaceutical executive to join 1910 Genetics
as our first ever Head of Business Development. As a member of the
Senior Leadership Team (SLT), this individual will partner with the
CEO and lead all aspects of business development, corporate
partnerships, strategic alliance management, and corporate
development, while contributing to the company's overall business
and corporate strategy.Responsibilities:
- Build and lead our Business & Corporate Development function,
including but not limited to in-licensing/out-licensing, strategic
alliance management, corporate development, sales and revenue
strategy, etc.
- Work closely with the SLT to develop, implement, and execute a
corporate and business development strategy that capitalizes on the
company's proprietary AI-driven drug design technology platform and
internal pipeline of drug candidates.
- Build, track, and maintain a strong business development funnel
of opportunities.
- Create compelling strategic and commercial justifications of
recommended deals including detailed financial models and
competitive analyses, formulate and execute negotiations strategy,
and with legal advisors, structure and execute transactions.
- Design and execute deals around the company's AI-driven drug
design technology platform for the design of both small molecule
drugs and protein therapeutics for all therapeutic areas including
but not limited to neuroscience, infectious disease,
autoimmune/immunology, oncology, aging, metabolism, etc.
- Monetize drugs designed by the platform, leveraging the
platform itself as a value driver, crafting the company's strategic
positioning, and identifying both organic and inorganic
opportunities for growth.
- Attract joint venture, co-development, collaborative research,
strategic corporate investment, equity financing, and non-dilutive
financing from pharmaceutical/biotechnology companies, foundations,
and government agencies.
- Diversify the business model, and establish 1910 as a company
that derives value from both its internal pipeline and
industry-leading AI-driven drug design platform, which serves as
the engine for continued growth.
- Identify, assess, and execute complex, creative deals with a
variety of potential partners including pharmaceutical companies,
biotech companies, foundations, research institutes, and government
agencies. These collaborations can take a variety of forms, and
include sell-side (and occasionally, buy-side) transactions, as
well as joint ventures.
- The successful candidate must be able to understand these
opportunities from a strategic perspective as well as help bring
them to fruition through term sheet negotiations and deal
execution, working in partnership with the CEO and SLT.
- Partner with the CEO and the SLT on board management and
investor relations.Qualifications:
- Ph.D., M.D., and/or MBA from a top institution; background in
biotech/pharma is required.
- 10+ years of experience in senior business development roles
such as CBO, VP of Business & Corporate Development from a
VC-backed high growth biotech company.
- An extensive and impressive deal sheet that demonstrates a
track record of identifying, evaluating, structuring, negotiating,
and executing sell-side deals with biotech and pharma
companies.
- Owing to the extensive and impressive deal sheet, has
credibility within the biotech and pharmaceutical industry as a
science-driven business leader of high intellect and
character.
- Track record of exceeding expectations on the eleven (11) key
areas we define above as the current business & corporate
development needs of 1910.
- Extremely generous equity package coupled with competitive
salary.
#J-18808-Ljbffr
Keywords: 1910genetics, Salem , Head of Business & Corporate Development (CBO/VP), Executive , Boston, Massachusetts
Didn't find what you're looking for? Search again!
Loading more jobs...