Job description
Location: Madison 07940, New Jersey, United StatesContract type: PermanentJob ID: 1554Role DescriptionContributes to and supports us overall strategy in targeting, evaluating, and executing external growth opportunities in close coordination with the VP of Global business development and the VP of NA Finance. Supports the assessment of growth opportunities, partners with external innovation, commercial, and R&D teams, co-leads due diligence, and negotiates mid-size transactions to drive business growth. This is a critical role collaborating across functions with a high level of visibility and significant exposure to senior management. Identify acquisition, development, and licensing opportunities.A lead role in contributing to and supporting global deals by seeking, evaluating, recommending, and structuring/negotiating relevant deals to create value-accretive opportunities. Develop a prioritized overview of targets, together with head of global BD and head of NA Finance.Role and Responsibilities:Strategic Developmentâ?¢ Support and lead global BD&L deals by seeking, evaluating, recommending, and structuring external agreements while managing internal processes to finalize those deals.â?¢ Keep updated on industry news and trends.â?¢ Co-lead alignment with R&D and commercial teams regarding strategic priority targets for partnering.â?¢ Identify BD&L opportunities as part of the broader BD&L team.Cross-functional collaboration & BD&L processâ?¢ Develop portfolio gap analyses in close collaboration with R&D and commercial teams and maximize through licensing. Deliver against us and partnersstrategies and plans/objectivesâ?¢ Source opportunities aligned with strategic priority targets.â?¢ Participate in and co-lead due diligences, build network of contacts, oversee evaluation of partnerships/licensing opportunities at multiple levelsâ?¢ Support negotiations, structuring of transactions, and take part in drafting of contracts (e.g. in-license deals, out-license, JV, acquisition, divestments, etc.)â?¢ Co-lead in managing stakeholders, present to internal leadership teams and drive internal consensus on opportunitiesâ?¢ Support formal governance process to seek and obtain approval for appropriate deal opportunities and adhere to internal BD&L review process to ensure quality and consistency of the evaluation of all BD&L activities in accordance with process guidelinesâ?¢ Present opportunities to BD SteerCo for negotiation mandatesâ?¢ Build independent network within the biotech and investment ecosystemâ?¢ Manage BD&L projects, including the prioritization of activities, and support the prioritization of BD&L projects in accordance with strategic priorities. Carry out day to day project management resource allocation, managing across matrixed functions, timeline adherence, internal and external communications, leading and working effectively in cross-functional teams.External relationship managementâ?¢ Lead the planning and execution of external search activities.â?¢ Represent BD function by actively participating in internal events and in external events within the BD and scientific communities (industry conferences, Partnering conferences, etc)â?¢ Build (and maintain) network of external contacts within the Biotechnology and finance communityâ?¢ Co-lead internal and external communicationsâ?¢ Leverage existing key contacts to generate new opportunitiesDeal negotiationâ?¢ Serve as an emerging global BD expert inside and outsideour-Lead negotiations and contract structuring for licensing deals and M&A dealsâ?¢ Lead or co-lead and take part in drafting contracts (e.g. in-license deals, out-license, JV, acquisition, divestments, etc.).â?¢ Ensure that all contracts and alliances are negotiated and that partnerships can be executed according to plan and mandate, and in compliance with all regulations.Project Managementâ?¢ Independently manage and prioritize BD&L activities in accordance with strategic priorities.â?¢ Carry out day-to-day project management resource allocation, managing across matrixed functions, timeline adherence, internal and external communications, leading and working effectively in cross-functional teams.â?¢ Additional duties as assigned by our Managementâ?¢ Complete all company-based and job-related training as assigned by us within the required timeline.Qualifications:â?¢ Bachelorâ??s degree required. Masterâ??s degree (ie. MSc) in a Scientific discipline and/or MBA a plusâ?¢ [5]+ yearsâ?? experience in on the investment side or in pharmaceutical/biotechnology industry in BD roles of increasing responsibility within pre-clinical and/or clinical stage business development; experience in medical dermatology highly desiredâ?¢ Requires demonstrated knowledge and understanding of pharmaceutical development, regulatory and commercialization and business practices required to successfully bring drugs to market, as well as financial principlesâ?¢ Experience in identifying and evaluating pharmaceutical or biotech products for potential licensing/acquisition, and participating in negotiationsâ?¢ Previous experience interacting and presenting to Senior Leadershipâ?¢ Rapidly embraces and applies new ideas and approachesâ?¢ Self-starter who is able to effectively lead multiple projects and priorities simultaneouslyâ?¢ Strong interpersonal skills to strengthen business relationshipsâ?¢ Ability to build mutual trust, respect and cooperation among team members and other key stakeholdersâ?¢ Ability to communicate complex information clearly, effective creator and presenter of executive and functional informationâ?¢ Strong business acumen and analytic and quantitative skillsâ?¢ Highly collaborative - demonstrates team and resource management skills, including the ability to manage team dynamics across companies.â?¢ Ability to influence and lead cross-functional teamsâ?¢ Effective senior stakeholder managementâ?¢ Must be able to perform all essential functions of the position, with or without reasonable accommodationLetâ??s pioneer together we help people with skin diseases live fulfilling lives by advancing dermatology beyond the skin. We drive dermatology with our knowledge, collaboration, and curiosity, and we are at the forefront of science in developing new medicines. For us, pioneering together is about constantly improving and extending whatâ??s possible for each other, our company, and our patients.we. is an Equal Opportunity/Affirmative Action Employer. , we believe that our different perspectives, backgrounds, and attitudes are what enable us to make the best decisions, foster an inclusive culture, and meet the needs of the market we operate in. Therefore, we encourage you to apply for the position if you are excited about the role â?? even if you donâ??t meet every single requirement listed, you might be just the pioneer we are looking for. With this in mind, applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, age, national origin, or protected veteran status and will not be discriminated against on the basis of disability. We believe in flexibility in all aspects - also when it comes to supporting our employees\\\' diverse needs, hence, we offer hybrid work opportunities whenever possible.For certain positions, we might complete a background check conducted by a third party we seeks information for job applications from candidates in the U.S. through only the following channels:â?¢ the website and Halogen Talent Acquisition, powered by Jobviteâ?¢ via email to/from addresses using only the our domain of \"â?¢ screening and interaction by telephone and through the Microsoft Teams platform.Please note:â?¢ We does not use Google Hangouts, Zoom or any other platform for any recruitment-related activities.â?¢ Disregard any solicitation or request for information related to job applications withWe via any other means and/or using email addresses with any other domain.â?¢ We will never ask candidates to make any type of personal financial investment related to gaining employment with the company