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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 business development within biotech; advanced degrees are a plus.
- Other info: Opportunity to represent the company at industry events and enhance visibility.
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 strategically within the biotech and pharma sectors. Attend industry conferences and events where you can meet key players and decision-makers. Building relationships in these spaces 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. This knowledge will not only help you in discussions but also demonstrate your commitment to the field, making you a more attractive candidate for the role.
✨Tip Number 3
Prepare to showcase your negotiation skills through real-life examples. Be ready to discuss past experiences where you successfully closed high-value deals or formed strategic partnerships, as this will highlight your capability to drive revenue expansion.
✨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 industry.
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 Your Network: In your application, mention your extensive network within the biotech and pharma industry. This can set you apart as a candidate who can leverage existing relationships for the company's benefit.
Showcase Your Skills: Clearly outline your negotiation, communication, and stakeholder management skills in your application. Provide examples of how these skills have led to successful outcomes in previous roles.
How to prepare for a job interview at Northreach
✨Research the Company and Industry
Before the interview, make sure to thoroughly research the biotech firm and its role in AI-driven drug discovery. Understanding their technologies, recent developments, and market position will help you tailor your responses and demonstrate your genuine interest in the company.
✨Prepare Your Success Stories
Be ready to discuss specific examples from your past experiences that highlight your achievements in business development. Focus on high-value partnerships you've built, successful negotiations, and how you've contributed to revenue growth in previous roles.
✨Showcase Your Strategic Mindset
During the interview, emphasise your ability to translate scientific advancements into commercial opportunities. Discuss how you've identified and cultivated new business opportunities in the past, and be prepared to share your approach to developing effective business strategies.
✨Engage with Questions
Prepare insightful 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.
