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Flagship Pioneering · 1 month ago

Strategy and Business Development Lead (Vice President level)

Cambridge, MA USA

Full-time

Onsite

Senior Level, Lead/Staff

$300K/yr - $330K/yr

12+ years exp

Flagship Pioneering is a biotechnology company that invents and builds platform companies that change the world. The VP Strategy and Business Development Lead will be responsible for developing and executing the business development strategy for a subset of companies within the Flagship ecosystem, focusing on driving valuable partnerships with Pharma.

FinanceFinancial ServicesVenture Capital

Responsibilities

As an embedded company team member, drive development of the business development strategy for a portion of the Flagship Pioneering portfolio companies to enable consistent deal flow across the ecosystem

Work as a cross-functional leader of the company, collaborating across multiple areas of the business to become an expert in their platform technology and products. Focus will be on establishing the BD strategy for the company and driving it to deal execution. Deal execution (deal concept or term sheet to final executed agreement) can be performed in partnership with transaction leaders

Work closely with the CEO, relevant partner group, and members of the senior management team on the development of business development strategy as a contributor to corporate strategy and long-range planning, including identification of relevant value drivers of impactful deals

Enable the communication of the value proposition of the platform technology and portfolio by developing key messages and narratives to pressure test with stakeholders and build out into full partnerable packages and deal concepts

Frame the BD action plan including working with leadership to define data generation for validation, partnership scopes, research plans and exclusivity constructs

Define the relevant biotech and pharma stakeholders

Lead and execute business development initiatives including outreach to potential pharma partners, diligence, and structuring of a transaction leveraging cross-functional team (e.g., R&D, Strategy, IP, legal, finance)

Cultivate a strong and effective partnership with the CEO and relevant partners as a united team that pursues buy-in for the strategy across the Company and with the Board

Work closely with the R&D team to evaluate the potential of early-stage compounds and to integrate a partnership perspective early in the research and development process

Qualification

Business Development StrategyCorporate Strategy LeadershipPharmaceutical/Biotech TransactionsAdvanced Degree PhDAdvanced Degree MDExecutive Leadership ExperienceBiotechnology Platforms KnowledgePresentation SkillsCommunication Skills

Required

Minimum 12 years' industry experience with a demonstrated track record of business development and corporate strategy leadership

A strong track record of meaningful strategy design and execution efforts with examples of impact on sell-side business development deals with pharmaceutical/biotech companies, including identifying, evaluating and successfully structuring significant business transactions

Previous Senior or Executive Leadership experience required with an enterprise leadership mindset across disciplines, lines, and organizational boundaries a must

Ability to understand complex scientific ideas and effectively communicate their value proposition to key internal and external stakeholders

Prior experience developing or partnering various types of biotechnology platforms or therapeutic modalities (e.g., small molecule, RNA, protein biologic), especially with discovery and preclinical-stage (Series A and B) companies

Excellent presentation and communications skills—the ability to compellingly articulate, influence, and work successfully with varied audiences