Director, Business Development - Search & Evaluation

The role

The Director of Business Development, Strategic Sourcing will identify, evaluate, and manage early-stage assets and opportunities. This person will guide opportunities from identification to transaction closing and work with the business development team to drive deal flow.

What you will do

• Leading deal-by-deal opportunity/asset teams from asset identification to transaction close
• Collaborating with the BD team to identify target areas for outreach
• Owning and managing one or more designated business development outreach areas
• Maximizing activity and ensuring high-quality deal flow in assigned outreach areas
• Conducting initial triage of opportunities to evaluate potential deals
• Working cross-functionally with R&D, tech platform, and commercial teams

Required qualifications

• 3-7 years of post-degree experience, with a combination of scientific and business expertise
• Strong network within the biotech and pharmaceutical industries
• An outgoing, motivated, and creative approach to business development
• Curiosity and insight around the role of AI in drug development, clinical trials, and business development

Nice to have

• PhD in biological science or MD with laboratory research experience
• Prior experience of biotech or pharmaceutical business development (search & evaluation), venture capital investing, or life sciences consulting

Benefits

• Equity
• Comprehensive benefits
• Generous perks

Before you apply

• Please apply only if you reside in New York City, Boston metro areas, Research Triangle (NC), or San Francisco Bay Area or are willing to relocate

About the company

Formation Bio is a tech and AI driven pharma company that builds technology platforms, processes, and capabilities to accelerate drug development and clinical trials. The company partners with, acquires, or in-licenses drugs from pharma companies, research organizations, and biotechs.