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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 work with leading 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 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 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 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've successfully closed high-value deals or formed strategic partnerships, as this will highlight your capability to drive revenue expansion.
✨Tip Number 4
Familiarise yourself with the specific company culture and values of the organisation you're applying to. Tailoring your approach to align with their mission of innovation and equality can set you apart from other candidates and show that you're a good fit for their team.
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. Use specific examples of past achievements that demonstrate your ability to drive revenue and build partnerships.
Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also expresses your passion for the biotech industry. Mention how your strategic mindset and understanding of drug discovery can contribute to the company's mission.
Highlight Your Network: In your application, emphasise your extensive network within the biotech and pharma industries. Provide examples of how these connections have led to successful collaborations or deals in the past.
Showcase Your Strategic Thinking: Demonstrate your strategic mindset by discussing how you have previously identified and capitalised on new business opportunities. Include any relevant metrics or outcomes to support your claims.
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 advancements 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, think of past experiences where you successfully negotiated a deal. Be ready to discuss your approach and the strategies you used to achieve a win-win outcome.
✨Align with Company Values
Research Northreach and the global Biotech firm’s values and mission. During the interview, express how your personal values align with theirs, particularly regarding innovation, equality, and professional growth. This will help you stand out as a candidate who fits well within their culture.
