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For Companies At a Glance
- Tasks: Lead strategic growth initiatives and build partnerships in biotech.
- Company: Northreach connects top talent with innovative firms in biotech and digital sectors.
- Benefits: Enjoy competitive pay, bonuses, and a collaborative work environment.
- Why this job: Join a pioneering AI-driven company transforming drug discovery and patient care.
- Qualifications: Experience in biotech business development and a degree in life sciences or business required.
- Other info: Opportunity to work with world-class scientists and make a real impact.
The predicted salary is between 72000 - 108000 £ per year.
Northreach is a dynamic recruitment agency that connects businesses with top talent in the cell & gene therapy, fintech, and digital sectors. Our mission is to provide a seamless and personalised recruitment experience for clients and candidates, and to create a positive work environment that encourages equality, innovation, and professional growth.
We have partnered with a global Biotech firm that helps ensure that new scientific discoveries can be translated quickly into patient care using a variety of technologies and platforms. A pioneering AI-driven drug discovery company is seeking a Senior Director of Business Development to lead strategic growth initiatives, build high-value partnerships, and drive revenue expansion. This is a unique opportunity to join a fast-growing organisation at the cutting edge of artificial intelligence, machine learning, and computational biology.
About the Role
- Develop and execute business development strategies to expand partnerships with biotech, pharma, and other stakeholders.
- Identify and cultivate new business opportunities, including collaborations, licensing deals, and strategic alliances.
- Work closely with scientific, product, and executive teams to develop compelling value propositions and commercial strategies.
- Lead negotiations and manage the full deal lifecycle from initial outreach to contract execution.
- Represent the company at industry conferences, networking events, and meetings to enhance visibility and build relationships.
- Monitor market trends and competitive intelligence to inform business development efforts.
- Support fundraising and investor engagement efforts where necessary.
Key Requirements
- Proven track record in business development, partnerships, or commercial leadership within the biotech, pharmaceutical, or life sciences sectors.
- Strong understanding of drug discovery, computational biology, or related technology-driven therapeutic approaches.
- Extensive network within the biotech and pharma industry, with experience in structuring and closing high-value deals.
- Strategic mindset with the ability to translate scientific advancements into commercial opportunities.
- Excellent negotiation, communication, and stakeholder management skills.
- Degree in life sciences, business, or a related field; an advanced degree (PhD, MBA) is a plus.
Why Join Us?
- Be part of an innovative and fast-growing organisation revolutionising drug discovery.
- Work with world-class scientists, engineers, and business leaders in a highly collaborative environment.
- Competitive compensation, including salary, bonuses, and benefits package.
- Opportunity to make a tangible impact in transforming healthcare and patient outcomes.
Senior Director / VP Business Development - Biotech employer: Northreach
Contact Detail:
Northreach Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Director / VP Business Development - Biotech
✨Tip Number 1
Network strategically within the biotech and pharma sectors. Attend industry conferences and events where you can meet key players and decision-makers. Building relationships in these spaces can lead to valuable opportunities and insights that may not be advertised.
✨Tip Number 2
Stay updated on the latest trends in drug discovery and AI technologies. This knowledge will not only help you in discussions but also demonstrate your commitment to the field, making you a more attractive candidate for the role.
✨Tip Number 3
Prepare to showcase your negotiation skills through real-life examples. Be ready to discuss past experiences where you successfully closed high-value deals or partnerships, as this will highlight your capability to manage the full deal lifecycle effectively.
✨Tip Number 4
Familiarise yourself with the company's mission and values. Understanding their approach to innovation and patient care will allow you to align your strategies with theirs, making you a more compelling candidate during interviews.
We think you need these skills to ace Senior Director / VP Business Development - Biotech
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in business development, particularly within the biotech or pharmaceutical sectors. Emphasise your track record in building partnerships and closing deals.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the biotech industry and your strategic mindset. Mention specific examples of how you've successfully developed business strategies or partnerships in the past.
Highlight Relevant Skills: In your application, clearly outline your negotiation, communication, and stakeholder management skills. These are crucial for the role and should be backed up with concrete examples from your previous roles.
Showcase Industry Knowledge: Demonstrate your knowledge of current market trends and competitive intelligence in the biotech field. This will show that you are not only qualified but also passionate about the industry and its advancements.
How to prepare for a job interview at Northreach
✨Showcase Your Industry Knowledge
Make sure to demonstrate your understanding of the biotech and pharmaceutical sectors. Discuss recent advancements in drug discovery and how they relate to the company's mission. This will show that you're not just familiar with the industry, but also passionate about its future.
✨Highlight Your Network
Given the importance of partnerships in this role, be prepared to talk about your existing network within the biotech and pharma industries. Share specific examples of how you've leveraged these connections to create successful collaborations or close high-value deals.
✨Prepare for Negotiation Scenarios
Since negotiation is a key part of the role, think of past experiences where you successfully negotiated deals. Be ready to discuss your approach, the challenges you faced, and the outcomes. This will illustrate your capability in managing the full deal lifecycle.
✨Align with Company Values
Research Northreach and the global Biotech firm’s values and mission. During the interview, express how your personal values align with theirs, particularly around innovation, equality, and professional growth. This will help you stand out as a candidate who fits well within their culture.
