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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 business development within biotech; advanced degrees are a plus.
- Other info: Opportunity to represent the company at industry events and enhance visibility.
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 interviews but also allow you to engage in meaningful conversations with potential employers about how your expertise aligns with their goals.
✨Tip Number 3
Prepare to discuss specific examples of high-value deals you've structured or closed in the past. Being able to articulate your successes and the strategies you employed will demonstrate your capability and experience in business development.
✨Tip Number 4
Research the company thoroughly before any meetings or interviews. Understand their mission, recent developments, and how they position themselves in the market. Tailoring your approach based on this knowledge can significantly enhance your chances of making a strong impression.
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 Your Network: If you have an extensive network within the biotech and pharma industries, make sure to mention it. Highlight any key relationships that could be beneficial for the company and how you plan to leverage them.
How to prepare for a job interview at Northreach
✨Research the Company and Industry
Before the interview, take the time to understand Northreach and the global Biotech firm they represent. Familiarise yourself with their mission, values, and recent developments in the biotech sector, especially in AI-driven drug discovery.
✨Prepare Your Success Stories
Be ready to discuss specific examples from your past experiences that demonstrate your ability to develop business strategies, negotiate high-value deals, and build partnerships. Use the STAR method (Situation, Task, Action, Result) to structure your responses.
✨Showcase Your Network
Highlight your extensive network within the biotech and pharma industry during the interview. Discuss how these connections can be leveraged to create new business opportunities and enhance the company's visibility.
✨Ask Insightful Questions
Prepare thoughtful questions about the company's future direction, challenges in the industry, and how they measure success in business development. This shows your genuine interest in the role and helps you assess if the company aligns with your career goals.
