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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 leading scientists and make a real impact in healthcare.
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 actively within the biotech and pharma sectors. Attend industry conferences and events where you can meet key players and decision-makers. Building relationships in these circles 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. Subscribe to relevant journals, follow thought leaders on social media, and engage in discussions. This knowledge will not only enhance your conversations but also demonstrate your commitment to the field.
✨Tip Number 3
Prepare to showcase your strategic mindset by thinking of innovative ways to translate scientific advancements into commercial opportunities. Be ready to discuss specific examples from your past experiences that highlight your ability to drive growth and partnerships.
✨Tip Number 4
Familiarise yourself with the company’s mission and values. Understanding their approach to drug discovery and patient care will help you align your pitch and demonstrate how your vision fits with theirs during interviews or networking opportunities.
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 of building partnerships and closing deals.
Craft a Compelling Cover Letter: Write a cover letter that showcases your strategic mindset and understanding of drug discovery. 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 understanding of market trends and competitive intelligence in the biotech field. This could include mentioning any relevant conferences you've attended or insights you've gained that could benefit the company.
How to prepare for a job interview at Northreach
✨Research the Company and Industry
Before the interview, take some 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. This knowledge will help you tailor your responses and demonstrate genuine interest.
✨Highlight Relevant Experience
Prepare to discuss your proven track record in business development within the biotech or pharmaceutical sectors. Be ready to share specific examples of high-value deals you've structured and closed, as well as how you've successfully built partnerships. This will showcase your expertise and suitability for the role.
✨Demonstrate Strategic Thinking
Given the strategic nature of the role, be prepared to discuss how you can translate scientific advancements into commercial opportunities. Think about how you would approach developing business strategies and cultivating new business opportunities, and be ready to share your thought process during the interview.
✨Prepare Questions for the Interviewers
Interviews are a two-way street, so prepare insightful questions to ask your interviewers. Inquire about the company's future direction, challenges they face in the industry, and how they envision the role contributing to their growth. This shows your engagement and helps you assess if the company is the right fit for you.
