At a Glance
- Tasks: Lead oncology business development opportunities and collaborate with cross-functional teams.
- Company: Join MSD, a diverse employer committed to inclusivity and innovation.
- Benefits: Enjoy a hybrid work model, competitive salary, and career development opportunities.
- Why this job: Make a real impact in oncology while working with cutting-edge science.
- Qualifications: PhD or MD in life sciences with substantial biopharmaceutical experience required.
- Other info: Dynamic environment with strong focus on teamwork and professional growth.
The predicted salary is between 72000 - 108000 £ per year.
This job is with MSD, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community.
We have an exciting opportunity for a Director, Business Development & Licensing - Oncology Search and Evaluation for our European Hub to be based in Moorgate, London. This role is hybrid and requires presence onsite 2 days a week.
The Search and Evaluation (S&E) team is a core function within our company's Global Business Development & Licensing (BD&L) organisation that is focused on identifying and evaluating external partnering opportunities that are aligned with our company's Research & Development and Business Development & Licensing strategies. The Search & Evaluation team interacts with biotechnology and biopharmaceutical companies, academic institutions, venture firms, and other key stakeholders in the life sciences industry, to explore potential opportunities to collaborate, license, or acquire assets.
Our team is responsible for leading global Search & Evaluation efforts for assets of high strategic value across the entire spectrum, from early-stage discovery to late-stage development or approved assets. They are accountable for leading scientific and technical due diligence to ensure an in-depth understanding of the underlying science behind each opportunity.
You will be a key individual contributor and an expert to our company's European-based Business Development & Licensing efforts in the search, evaluation, due diligence, and execution of business development opportunities across the oncology therapeutic area.
What you will do:
- Identify, evaluate, and execute oncology business development opportunities with a focus on cutting-edge science across all stages of development and modalities to enhance and expand our pipeline.
- Collaborate cross-functionally to analyse, review, and gain internal support for business development opportunities.
- Responsible for leading deep scientific due diligence, the quality of formal due diligence output, and the integration of internal subject matter expert input and senior management review and approval.
- Work closely with transaction leads, legal, commercial, and financial analysis team to ensure relevant deals of highest priority are being advanced and executed.
- Contribute to oncology business development strategy with discovery and clinical development leadership.
- Collaborate with preclinical, clinical, and commercial team, as well as corporate business development colleagues to ensure alignment between activities and business development needs relating to the pipeline.
- Work closely with search and evaluation colleagues across our company's business development & licensing team to ensure comprehensive coverage of the relevant opportunity space.
- Provide thorough and timely assessments and updates to appropriate management levels to ensure efficient communication and seamless cross-functional collaboration.
- Manage a portfolio of complex business development projects serving as the primary scientific contact for potential licensing deals, acquisitions, collaborations, co-development partnerships, and strategic alliances.
Education: PhD, MD, MD/PhD in a life sciences field is required, preferably oncology or oncology-related.
Required experience: Substantial experience within the biopharmaceutical industry or related role (e.g. management consulting, equity research, university technology transfer, etc.) with preferred experience in an oncology Search & Evaluation business development role. Preferred experience in identifying, evaluating, and executing oncology business development deals and partnerships that have resulted in substantial impact. Comprehensive understanding of drug discovery and development and a broad knowledge of the biopharmaceutical industry and the oncology therapeutic area. Thorough understanding of biopharmaceutical industry trends and competitive landscape with strong business acumen and ability to translate scientific and technical information to frame attractive business opportunities.
Skills/Competencies: Desire and proven ability to have an impact. Energetic self-starter with a strong work ethic, capable of thriving in a high growth, fast paced and intellectual environment. Experience with cross-functional leadership and collaboration with demonstrated conflict/issue resolution, time-critical project management, negotiation skills, ability to build effective coalitions to move the deals forward. Demonstrated ability to forge relationships and work in a hands-on collaborative fashion with many different disciplines both inside and outside the company. Ability to function autonomously, drive strategic decisions, and execute deals from sourcing to deal close. Comfortable in high visibility situations, ability to demonstrate executive presence, and gain the trust and respect of research and development colleagues. Strong presentation and communication skills, and the ability to influence and work successfully with varied audiences including colleagues, scientific and technical leaders, financial institutions, pharmaceutical and business partners, collaborators, and senior executives. Highly developed organizational skills, operational skills, and ability to understand the content of and memorialize interactions with potential partners. Ability to multi-task while ensuring consistent attention and prioritization of the most critical and visible projects. Self-motivated, attention to detail, and proven ability to work well on teams.
Our ability to excel depends on the integrity, knowledge, imagination, and skill of our team, with an inclusive culture of respect, encouragement, and teamwork. Members of our global team have the opportunity to collaborate with talented and dedicated colleagues, while developing their own careers.
Required Skills: Acquisitions Divestitures, Animal Health Care, Brand Design, Customer Experience Management, Developing Proposals, Environmental Scanning, Executive Presence, Financial Feasibility Studies, Immunology, Market Research, New Business Development, Operations Analysis, Professional Networking, Sales Intelligence, Self Motivation, Stakeholder Management, Strategic Licensing, Strategic Planning.
Director, Business Development & Licensing – Oncology Search and Evaluation, Europe Hub in London employer: MSD
Contact Detail:
MSD Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Director, Business Development & Licensing – Oncology Search and Evaluation, Europe Hub in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the biopharmaceutical industry, especially those involved in oncology. A friendly chat can lead to insider info about opportunities that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by diving deep into the latest trends in oncology and business development. Show us you know your stuff and can discuss how you’d tackle challenges in the field. Confidence is key!
✨Tip Number 3
Don’t just apply; engage! When you submit your application through our website, follow up with a quick email to express your enthusiasm. It shows initiative and keeps you on our radar.
✨Tip Number 4
Be ready to showcase your collaborative spirit. We love team players! Prepare examples of how you've successfully worked across functions in past roles, especially in high-pressure situations.
We think you need these skills to ace Director, Business Development & Licensing – Oncology Search and Evaluation, Europe Hub in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the role of Director, Business Development & Licensing in Oncology. Highlight relevant experience and skills that align with the job description, especially in oncology and business development.
Craft a Compelling Cover Letter: Your cover letter should tell your story! Explain why you're passionate about oncology and how your background makes you a perfect fit for this role. Don’t forget to mention your understanding of the biopharmaceutical industry trends.
Showcase Your Achievements: When detailing your experience, focus on specific achievements in previous roles. Use metrics where possible to demonstrate your impact in business development and partnerships, especially in oncology.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining our team!
How to prepare for a job interview at MSD
✨Know Your Oncology Inside Out
Make sure you brush up on the latest trends and breakthroughs in oncology. Being able to discuss recent developments or case studies will show your passion and expertise, which is crucial for a role focused on business development in this field.
✨Showcase Your Cross-Functional Collaboration Skills
Prepare examples of how you've successfully worked with different teams in the past. This role requires collaboration across various departments, so demonstrating your ability to build relationships and resolve conflicts will be key.
✨Master the Art of Due Diligence
Be ready to discuss your experience with scientific and technical due diligence. Highlight specific projects where you led assessments and how your insights influenced decision-making. This will showcase your analytical skills and understanding of the evaluation process.
✨Communicate with Confidence
Practice your presentation skills, as you'll need to convey complex information clearly to diverse audiences. Use mock interviews to refine your ability to influence and engage stakeholders, ensuring you come across as both knowledgeable and approachable.