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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 strategically within the biotech and pharma sectors. Attend industry conferences and events where you can meet key players and decision-makers. Building relationships with professionals in these fields can open doors to opportunities and partnerships that are crucial for a Senior Director role.
✨Tip Number 2
Stay updated on the latest trends in AI-driven drug discovery and computational biology. Understanding the current landscape will not only help you in interviews but also allow you to engage in meaningful conversations with potential partners and stakeholders.
✨Tip Number 3
Prepare to discuss your previous successes in structuring and closing high-value deals. Be ready to share specific examples of how you've driven revenue growth and built strategic partnerships, as this will demonstrate your capability to excel in the role.
✨Tip Number 4
Familiarise yourself with the company’s mission and values. Understanding their approach to innovation and patient care will help you align your vision with theirs, making you a more attractive candidate during discussions about the role.
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 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. Use concrete examples to demonstrate how these skills have contributed to your previous successes.
Showcase Your Network: If you have an extensive network within the biotech and pharma industries, make sure to mention it. Highlight any significant connections or collaborations that could be beneficial for the role.
How to prepare for a job interview at Northreach
✨Research the Company and Industry
Before your interview, make sure to thoroughly research the biotech firm and its role in AI-driven drug discovery. Understand their recent projects, partnerships, and market position. This knowledge will help you tailor your responses and demonstrate your genuine interest in the company.
✨Prepare for Strategic Questions
Given the seniority of the role, expect questions that assess your strategic thinking and business development skills. Be ready to discuss your past experiences in building partnerships and driving revenue growth, and how you can apply those strategies to this new position.
✨Showcase Your Network
Highlight your extensive network within the biotech and pharma industry during the interview. Discuss specific connections and how they could potentially benefit the company. This will illustrate your ability to leverage relationships for business development.
✨Demonstrate Negotiation Skills
Prepare examples of successful negotiations you've led in the past. Be ready to discuss your approach to managing the deal lifecycle and how you ensure mutually beneficial outcomes. This will showcase your expertise in a critical aspect of the role.
