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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, seminars, and networking events to meet key players and decision-makers. Building relationships can lead to valuable insights and potential job opportunities.
✨Tip Number 2
Stay updated on the latest trends in drug discovery and AI technologies. Follow relevant publications, blogs, and thought leaders in the field. This knowledge will not only enhance your conversations but also demonstrate your passion and commitment to the industry.
✨Tip Number 3
Prepare to discuss your previous successes in business development. Be ready to share specific examples of high-value deals you've closed or partnerships you've built. This will showcase your expertise and ability to drive growth in a similar role.
✨Tip Number 4
Engage with the company on social media platforms like LinkedIn. Share relevant content, comment on their posts, and connect with current employees. This can help you get noticed and show your genuine interest in joining 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. 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. Use concrete examples to demonstrate 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, 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 biotech or pharma. Be ready to discuss how you've successfully built partnerships, negotiated deals, and driven revenue growth. Use the STAR method (Situation, Task, Action, Result) to structure your answers.
✨Showcase Your Network
Given the importance of networking in this role, be prepared to discuss your connections within the biotech and pharma industries. Highlight any high-value deals you've closed and how your relationships have contributed to your success. This will illustrate your ability to leverage your network for the company's benefit.
✨Ask Insightful Questions
At the end of the interview, ask thoughtful questions that reflect your understanding of the company and the industry. Inquire about their current challenges in business development or how they envision the future of drug discovery. This shows your strategic mindset and eagerness to contribute to their goals.
