Director of Business Development
Boston, MA, United States
Computation is revolutionizing drug discovery. Advances in bigchemical data, massive computing power, artificial intelligence, andmolecular dynamics simulation are changing the way we develop newdrugs. At 1910 Genetics, we put computation at the heart of drugdiscovery, blending expertise in computational chemistry, structuralbiology, pharmacology, genetics, data science, and softwareengineering to develop drugs for previously undruggable targets.
As a fast growing startup at the intersection of biotech/pharmaceuticals and technology, our needs will change over time, but today, we need an empathetic individual to: Work closely with the senior leadership team (SLT) to develop, implement, and execute a business development strategy that capitalizes on the company’s proprietary AI-driven drug design technology platform and internal pipeline of drug candidates
Build, track, and maintain a strong business development funnel of opportunities
Create compelling strategic and commercial justifications of recommended deals including detailed financial models and competitive analyses, formulate and execute negotiations strategy, and with legal advisors, structure, and execute transactions
Design and execute deals around the company’s AI-driven drug design technology platform for the design of both small molecule drugs and protein therapeutics for all therapeutic areas including but not limited to neuroscience, infectious disease, autoimmune/immunology, oncology, aging, metabolism, etc.
Monetize drugs designed by the platform, leveraging the platform itself as a value driver, crafting the company’s strategic positioning, and identifying both organic and inorganic opportunities for growth
Attract joint venture, co-development, collaborative research, strategic corporate investment, equity financing, and non-dilutive financing from pharmaceutical/biotechnology companies, foundations, and government agencies
Diversify the business model, and establish 1910 as a company that derives value from both its internal pipeline and industry-leading AI-driven drug design platform, which serves as the engine for continued growth
Identify, assess, and execute complex, creative deals with a variety of potential partners including pharmaceutical companies, biotech companies, foundations, research institutes, government agencies, etc. These collaborations can take a variety of forms, and include sell-side (and occasionally, buy-side) transactions, as well as joint ventures
The successful candidate must be able to understand these opportunities from a strategic perspective as well as help bring them to fruition through term sheet negotiations and deal execution, working in partnership with the SLT
Ideally, our Director of Business Development has the following: PhD or MD from a top institution; demonstration of a strong scientific background and publication history
MBA, in addition to a PhD or MD is a strong plus
Passion for AI-driven drug discovery and development
5+ years of sell-side business development experience in science-driven biotechnology companies
A robust deal sheet that demonstrates a track record of identifying, evaluating, structuring, negotiating, and executing sell-side deals with biotech and pharma companies
Owing to the extensive and impressive deal sheet, has credibility within the biotech and pharmaceutical industry as a science-driven business leader of high intellect and character
Business Development Deal Sheet Please attach your BD deal sheet, resume, and cover letter in a single packet to submit your application
Extremely generous equity package coupled with competitive salary
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