Business Development Associate
Business Development Associate

Business Development Associate

Cambridge Full-Time 28800 - 48000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Join our team to develop and implement in-licensing strategies for innovative life science products.
  • Company: Abcam is a leading company in life sciences, dedicated to accelerating breakthroughs in critical health areas.
  • Benefits: Enjoy flexible working, competitive salaries, and generous parental leave to support your wellbeing.
  • Why this job: Be part of a dynamic team making a real impact on global health while growing your career.
  • Qualifications: A bachelor's degree in life sciences and experience in stakeholder management are essential.
  • Other info: We celebrate diversity and encourage you to bring your unique perspective to our collaborative environment.

The predicted salary is between 28800 - 48000 £ per year.

Company Description

For over 20 years, Abcam has been providing tools the scientific community needs to enable faster breakthroughs in critical areas like cancer, neurological disorders, infectious diseases, and metabolic disorders. We believe that to continue making progress, we need to work together in new ways. We need your own unique perspective as well as this of our people to make an always greater impact on the world. This community needs people like you: dedicated, agile and above all audacious so we can truly bring progress forward.

Job Description

Reporting to the Director of Business Development, this role will focus on the development and implementation of the in-licensing strategy across both products and technologies. The ideal candidate will have experience in internal and external stakeholder management, alongside understanding the appropriate agreements to execute Abcam's in-licensing strategy.

  • Play a key role in the development and execution of Abcam's in-licensing strategy, together with other members of the in-licensing team.
  • Initiate and build key relationships with external partners (academic, industry, pharmaceutical) worldwide.
  • Support the in-licensing team to execute appropriate agreements with these partners to in-license products and technologies that underscore Abcam's strategic goals.
  • Liaise with Portfolio Managers and Product teams to ensure in-licensed products add value to the Abcam catalogue and meet the defined consumer needs.
  • Monitor, report, and meet KPI measures and targets for the role.
  • Maintain and update progress and agreement information in key databases and salesforce.com.
  • Manage both internal and external stakeholders at all levels.
  • Attend appropriate conferences and networking events to build on network of contacts and promote Abcam as the partner of choice for in-licensing.
  • Support other members of the Business Development team as necessary and participate in team meetings and activities as required.

Qualifications

You have a bachelor's degree in a life science discipline, and previous experience working within the Life Science market. You have the ability to build relationships both internally and externally with key stakeholders to achieve desired results. You can confidently communicate and manage stakeholders at all levels. You have knowledge of the in-licensing process within either academia or industry. You have an understanding of common agreement structures and the ability to structure agreements in a creative way to the satisfaction of all parties. You have strong attention to detail. You can work across a multi-site team.

If this sounds like you and you'd like to be a part of a fast-paced, growing business with the vision to become the most influential company and best-loved brand in life sciences, please apply now!

Additional Information

We know that when it comes to benefits, no one size fits all. Flexibility and choice matter which is why, in addition to market competitive salaries, we offer you a flexible benefits package which is tailored to your unique needs and support your financial, physical and emotional wellbeing. This includes 18 weeks fully paid maternity leave, 6 weeks fully paid paternity leave as well as highly flexible working and much more. Besides, your development will be integral to your experience here. You will grow alongside other talented minds, in ways you may often find unexpected.

When people come together, incredible things happen. Here you'll work in a safe environment where you can be who you truly are. We'll champion and celebrate your uniqueness throughout your journey with us. This is how we excel at partnering with the scientific community no matter the challenge, ultimately helping solve the world's most critical diseases.

Business Development Associate employer: Abcam

Abcam is an exceptional employer located in Cambridge, offering a dynamic work culture that fosters collaboration and innovation in the life sciences sector. With a commitment to employee growth, we provide tailored benefits including flexible working arrangements, generous parental leave, and opportunities for professional development, ensuring that every team member can thrive while contributing to meaningful advancements in healthcare. Join us to be part of a diverse community where your unique perspective is valued and celebrated.
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Contact Detail:

Abcam Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Business Development Associate

✨Tip Number 1

Network actively within the life sciences community. Attend relevant conferences and events where you can meet potential colleagues and industry leaders. Building relationships in this field can give you insights into opportunities at Abcam and help you stand out.

✨Tip Number 2

Familiarise yourself with Abcam's products and their in-licensing strategy. Understanding their current offerings and strategic goals will allow you to speak knowledgeably about how you can contribute to their mission during interviews.

✨Tip Number 3

Demonstrate your stakeholder management skills by preparing examples of past experiences where you've successfully navigated complex relationships. This will show that you have the necessary skills to manage both internal and external stakeholders effectively.

✨Tip Number 4

Stay updated on trends and developments in the life sciences sector, particularly around in-licensing agreements. Being knowledgeable about the latest news and changes in the industry will help you engage in meaningful conversations during interviews.

We think you need these skills to ace Business Development Associate

Stakeholder Management
Relationship Building
Negotiation Skills
Understanding of In-Licensing Processes
Knowledge of Agreement Structures
Attention to Detail
Communication Skills
Project Management
Networking Skills
Data Management
Life Science Knowledge
Team Collaboration
Analytical Skills
Adaptability

Some tips for your application 🫡

Understand the Role: Before applying, make sure you fully understand the responsibilities and qualifications required for the Business Development Associate position at Abcam. Tailor your application to highlight relevant experiences that align with their needs.

Craft a Compelling CV: Your CV should clearly showcase your educational background in life sciences and any relevant experience in business development or stakeholder management. Use bullet points to make it easy to read and focus on achievements that demonstrate your ability to build relationships and manage projects.

Write a Strong Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Highlight specific experiences that relate to the in-licensing strategy and your understanding of agreement structures. Make sure to convey how your unique perspective can contribute to Abcam's mission.

Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for the role. Consider asking a friend or mentor to review your documents as well.

How to prepare for a job interview at Abcam

✨Understand the In-Licensing Process

Make sure you have a solid grasp of the in-licensing process, including common agreement structures. Be prepared to discuss how you would approach structuring agreements creatively to satisfy all parties involved.

✨Showcase Your Stakeholder Management Skills

Highlight your experience in managing both internal and external stakeholders. Be ready to provide examples of how you've successfully built relationships and communicated effectively at various levels.

✨Demonstrate Your Knowledge of the Life Science Market

Familiarise yourself with current trends and challenges in the life science sector. This will not only show your passion for the field but also your ability to contribute to Abcam's strategic goals.

✨Prepare Questions for the Interviewers

Think of insightful questions to ask about Abcam's in-licensing strategy and their vision for the future. This shows your genuine interest in the role and helps you assess if the company aligns with your career goals.

Business Development Associate
Abcam
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  • Business Development Associate

    Cambridge
    Full-Time
    28800 - 48000 £ / year (est.)

    Application deadline: 2027-07-06

  • A

    Abcam

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