What are the responsibilities and job description for the Director/Sr Director, Business Development position at Initial Therapeutics, Inc.?

Position Summary :

The position is a key contributor to support the development and execution of the company’s business development strategies and play an essential role in identifying, evaluating, recommending, and securing new business opportunities through regional and global strategic partnerships and / or licenses that fit within the overall business plan and product portfolio.

Good things are happening at Omeros!

Come join our Omeros Business Development Team!

Who is Omeros?

Omeros is an innovative biopharmaceutical company committed to discovering, developing and commercializing small-molecule and protein therapeutics for large-market and orphan indications targeting immunologic disorders including complement-mediated diseases, as well as cancers and addictive and compulsive disorders. Omeros’ lead MASP-2 inhibitor narsoplimab targets the lectin pathway of complement and is the subject of a biologics license application pending before FDA for the treatment of hematopoietic stem cell transplant-associated thrombotic microangiopathy. Omeros’ long-acting MASP-2 inhibitor OMS1029 is currently in a Phase 1 multi-ascending-dose clinical trial. OMS906, Omeros’ inhibitor of MASP-3, the key activator of the alternative pathway of complement, is advancing toward Phase 3 clinical trials for paroxysmal nocturnal hemoglobinuria and complement 3 glomerulopathy. Funded by the National Institute on Drug Abuse, Omeros’ lead phosphodiesterase 7 inhibitor OMS527 is in clinical development for the treatment of cocaine use disorder and, in addition, is being developed as a therapeutic for other addictions as well as for a major complication of treatment for movement disorders. Omeros also is advancing a broad portfolio of novel immuno-oncology programs comprised of two cellular and three molecular platforms. For more information about Omeros and its programs, visit www.omeros.com

Essential Duties & Responsibilities :

Partner with the CBDO and cross functional Team members in the development and execution of the business development strategy.
Identify, evaluate, prioritize and advance potential partnerships and opportunities that will enable Omeros to be a leader in biotechnology and optimize the value of Omeros portfolio.
Identify and engage with priority regional and global partners in accordance with business development strategy, establish and maintain a broad network of external relationships.
For specific business development opportunities, drive the BD process, coordinate due diligence including scientific evaluations, financial assessments, and risk analysis, facilitate internal and external communication, structure / negotiate / finalize agreements, and manage existing alliances.
Cultivate a strong and effective partnership with key stakeholders, including executives, scientific teams, cross functional teams, and potential collaborators, to create mutually beneficial partnerships.
Conduct thorough market analysis to understand emerging trends, competitive landscape, and strategic opportunities for collaboration and business growth.
Represent the company at industry conferences, scientific meetings, and partnership discussions to promote Omeros and foster collaboration opportunities.

Education, Experience, Skills, and Knowledge Required :

Advanced degree (PhD, MD, MBA, or equivalent) preferred, or significant relevant industry experience and scientific acumen.

Experience in immunology (both innate and adaptive) as well as oncology strongly preferred.

Director level : Minimum 4-6 years of sell-side business development or corporate development experience in biotech or pharmaceutical industry, and / or industry related investment banking, venture capital, private equity, management consulting experience will be considered (7-10 years for Sr Director).

Ability to think strategically and analytically, with a track record of identifying, evaluating, and capitalizing on partnership opportunities.

Demonstrated success in constructing, negotiating and closing complex deals, running due diligence, financial analysis & modelling, including licensing, co-development, and collaboration agreements.

Strong project management skills, with the ability to manage multiple initiatives simultaneously and work across cross-functional teams.

Excellent interpersonal, networking and communication skills, with the ability to engage effectively with senior executives, scientists, and external stakeholders.

Strong understanding of the drug development process, including early-stage research through clinical development and commercialization.

Behavioral Competencies Required :

Versatility to thrive in a fast paced, dynamic environment

Demonstrated ability to build partnerships, coordinate across multiple teams to achieve challenging timetables

Detail orientation with track record of consistently delivering results

Strong interpersonal and management skills with the ability to maintain positive relationships with management, peers, subordinates, and external constituents

Innovative and creative thinking and analysis skills

Integrity

Ability to maintain confidentiality of sensitive information

Physical Demands Required :

Intermittent physical activity including bending, reaching, pushing, pulling, or lifting up to 20 lbs.

May encounter prolonged periods of sitting or standing

Compensation and Benefits :

Omeros is proud to offer a competitive total compensation package designed to support the lives of our employees and their families. The wage scale for the Director / Sr Director Business Development role is Director ($190,000 - $230,000) and Sr Director ($225,000 - $280,000). Salaries will be determined based on knowledge, skills, education, and experience relevant to the role. Employees are offered medical, dental, vision, life insurance, and a 401(k) plan with a company match. Employees accrue three weeks of vacation and 80 hours of sick time on an annual basis and receive twelve paid holidays throughout the calendar year. This position is eligible for bonus and stock options.

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed above are representative of the knowledge, skills, and / or abilities required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Omeros is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to status as a protected veteran or a qualified individual with a disability, or other protected status such as race, religion, color, national origin, sex, age, marital status, or any other factor determined to be unlawful by federal, state, or local statutes.

It is our policy to provide reasonable accommodation to anyone with a disability who needs assistance completing the job application process. If you need assistance, you can either send an e-mail to hr@omeros.com or contact Omeros, asking for Human Resources, at (206) 676-5000.

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Salary : $190,000 - $230,000

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