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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 world-class scientists and make a real impact.
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 publicly advertised.
✨Tip Number 2
Stay updated on the latest trends and advancements in drug discovery and AI technologies. This knowledge will not only help you in discussions but also demonstrate your commitment and expertise in the field, making you a more attractive candidate.
✨Tip Number 3
Prepare to showcase your negotiation skills through real-life examples. Be ready to discuss past deals you've closed and how you navigated challenges during the process. This will highlight your capability to manage the full deal lifecycle effectively.
✨Tip Number 4
Engage with thought leaders and influencers in the biotech space on platforms like LinkedIn. Sharing insights and participating in discussions can enhance your visibility and position you as a knowledgeable candidate in the eyes of potential employers.
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, focus on key skills such as negotiation, stakeholder management, and market analysis. Provide concrete examples of how you've applied these skills in previous roles.
Showcase Your Network: If you have an extensive network within the biotech and pharma industries, mention it in your application. Highlight any significant connections or collaborations 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.
✨Prepare Your Success Stories
Think of specific examples from your past experiences that showcase your achievements in business development, particularly in the biotech or pharmaceutical sectors. Be ready to discuss how you've successfully built partnerships, negotiated deals, and driven revenue growth, as these are key aspects of the role.
✨Showcase Your Strategic Mindset
During the interview, highlight your ability to translate scientific advancements into commercial opportunities. Discuss how you've identified market trends and leveraged them to create successful business strategies. This will demonstrate that you have the strategic mindset needed for the Senior Director role.
✨Ask Insightful Questions
Prepare thoughtful questions to ask the interviewers about the company's future direction, challenges in the industry, and their expectations for the role. This not only shows your enthusiasm but also helps you assess if the company aligns with your career goals and values.
