At a Glance
- Tasks: Lead strategic growth initiatives and build high-value partnerships in biotech.
- Company: Join Northreach, a dynamic recruitment agency connecting top talent with innovative companies.
- Benefits: Enjoy competitive compensation, bonuses, and a collaborative work environment.
- Why this job: Make a real impact in healthcare while working with cutting-edge AI and world-class professionals.
- Qualifications: Proven business development experience in biotech; advanced degree preferred.
- Other info: Opportunity to represent the company at industry events and drive revenue expansion.
The predicted salary is between 72000 - 108000 £ per year.
Job Description
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 help ensure that new scientific discoveries can be translated quickly into patient care using a variety of technologies, platforms\\n\\nA 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.\\n\\nAbout the Role\\n\\nKey Responsibilities\\n\\n * Develop and execute business development strategies to expand partnerships with biotech, pharma, and other stakeholders.\\n\\n * Identify and cultivate new business opportunities, including collaborations, licensing deals, and strategic alliances.\\n\\n * Work closely with scientific, product, and executive teams to develop compelling value propositions and commercial strategies.\\n\\n * Lead negotiations and manage the full deal lifecycle from initial outreach to contract execution.\\n\\n * Represent the company at industry conferences, networking events, and meetings to enhance visibility and build relationships.\\n\\n * Monitor market trends and competitive intelligence to inform business development efforts.\\n\\n * Support fundraising and investor engagement efforts where necessary.\\n\\nKey Requirements\\n\\n * Proven track record in business development, partnerships, or commercial leadership within the biotech, pharmaceutical, or life sciences sectors.\\n\\n * Strong understanding of drug discovery, computational biology, or related technology-driven therapeutic approaches.\\n\\n * Extensive network within the biotech and pharma industry, with experience in structuring and closing high-value deals.\\n\\n * Strategic mindset with the ability to translate scientific advancements into commercial opportunities.\\n\\n * Excellent negotiation, communication, and stakeholder management skills.\\n\\n * Degree in life sciences, business, or a related field; an advanced degree (PhD, MBA) is a plus.\\n\\nWhy Join Us?\\n\\n * Be part of an innovative and fast-growing organisation revolutionising drug discovery.\\n\\n * Work with world-class scientists, engineers, and business leaders in a highly collaborative environment.\\n\\n * Competitive compensation, including salary, bonuses, and benefits package.\\n\\n * Opportunity to make a tangible impact in transforming healthcare and patient outcomes
Senior Director Business Development - Biotech employer: Northreach
Contact Detail:
Northreach Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Director Business Development - Biotech
✨Tip Number 1
Make sure to leverage your existing network within the biotech and pharma industries. Reach out to former colleagues, industry contacts, and attend relevant events to build relationships that could lead to potential partnerships or opportunities.
✨Tip Number 2
Stay updated on the latest trends in drug discovery and computational biology. This knowledge will not only help you in discussions but also allow you to identify new business opportunities that align with current market needs.
✨Tip Number 3
Prepare to showcase your negotiation skills by practicing scenarios where you can demonstrate how you've successfully closed high-value deals in the past. Highlighting these experiences during interviews can set you apart from other candidates.
✨Tip Number 4
Engage with thought leaders in the biotech space through social media platforms like LinkedIn. Sharing insights and participating in discussions can enhance your visibility and position you as a knowledgeable candidate in the field.
We think you need these skills to ace Senior Director Business Development - Biotech
Some tips for your application 🫡
Understand the Company: Research Northreach and the global Biotech firm they represent. Familiarize yourself with their mission, values, and recent developments in the biotech sector to tailor your application.
Highlight Relevant Experience: Emphasize your proven track record in business development within the biotech or pharmaceutical sectors. Use specific examples of high-value deals you've closed or partnerships you've developed.
Showcase Your Network: Mention your extensive network within the biotech and pharma industry. Highlight any key relationships that could be beneficial for the role, demonstrating your ability to leverage connections for business growth.
Craft a Compelling Cover Letter: Write a strong cover letter that outlines your strategic mindset and how you can translate scientific advancements into commercial opportunities. Make sure to connect your skills and experiences directly to the responsibilities listed in the job description.
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 trends, breakthroughs in drug discovery, and how they relate to the company's mission. This will show that you are not only knowledgeable but also genuinely interested in the field.
✨Highlight Your Network
Since this role requires extensive networking, be prepared to talk about your connections within the industry. Share specific examples of how you've leveraged these relationships to close deals or create partnerships in the past.
✨Prepare for Negotiation Scenarios
Given the importance of negotiation in this role, practice discussing your approach to deal-making. Be ready to provide examples of successful negotiations you've led, focusing on your strategies and outcomes.
✨Align with Company Values
Research the company's culture and values, especially their focus on innovation and collaboration. During the interview, express how your personal values align with theirs and how you can contribute to a positive work environment.