Demo

Sr Director, Business Development

Verona Pharma
Raleigh, NC Full Time
POSTED ON 3/8/2025
AVAILABLE BEFORE 6/6/2025

Who We Are :

At Verona Pharma, we are passionate about transforming the lives of millions of people living with chronic respiratory diseases. With our first product now approved by the US FDA, we're just getting started. Our innovative respiratory pipeline targets a range of conditions, including non-CF bronchiectasis, cystic fibrosis (CF), and asthma, driven by a commitment to bringing relief to patients navigating the challenges of progressive respiratory conditions.

Joining Verona means being part of a forward-thinking team that's redefining what's possible in drug development and commercialization. Guided by experienced leadership, we embrace a collaborative, diverse, and inclusive culture where your contributions can help shape a healthier future for patients worldwide. Be part of a mission-driven organization where your work has a direct impact on improving quality of life.

We are seeking a highly skilled and experienced Senior Director, Business Development to lead our partnering and licensing efforts.  A deep understanding and experience in European collaborations is preferred. This role will be instrumental in identifying, evaluating, and executing strategic transactions to support Verona Pharma's growth. Reporting to the Chief Financial Officer, the Senior Director will work cross-functionally to drive deal-making initiatives, establish and strengthen relationships with pharmaceutical companies globally as we seek to in-license and out-license assets, and will provide key strategic insights to the executive team and Board of Directors.

What You'll Do :

  • Develop and execute Verona Pharma's business development strategy related to Ohtuvayre and future products containing ensifentrine as well as potential portfolio expansion opportunities.
  • Identify and evaluate in-licensing and out-licensing opportunities that align with the company's strategic objectives.
  • Lead negotiations and due diligence processes for business development transactions, ensuring alignment with financial and operational goals.
  • Establish and cultivate strong relationships with key pharmaceutical partners, and other stakeholders.
  • Present business development opportunities, transaction strategies, and key updates to the executive leadership team and the Board of Directors.
  • Collaborate with internal teams, including finance, legal, R&D, and commercial functions, to identify and evaluate opportunities and to structure and execute deals effectively.
  • Stay informed on industry trends, competitive landscapes, and regulatory developments that impact business development opportunities globally.

What You'll Bring :

  • Proven experience in pharmaceutical business development, with a strong track record of executing in-licensing or out-licensing transactions.
  • Direct experience working with European partners and executing deals within the European pharmaceutical market is required.
  • Established network of contacts within the biopharma industry.
  • Strong negotiation skills and the ability to manage complex deal structures.
  • Excellent communication skills, with the ability to confidently present to the Board of Directors and executive leadership.
  • Strategic mindset with the ability to assess opportunities and risks effectively.
  • Ability to travel up to 30%, domestically and internationally
  • Bachelor's degree required; an advanced degree (MBA, PhD, or equivalent) is preferred.
  • Why Join Verona?

    At Verona, you'll have the chance to be part of a team bringing first-in-class treatments to patients who need them most. We offer :

    A collaborative and inclusive culture that values your contributions.

    Remote work flexibility for a better work-life balance.

    Competitive benefits, including generous PTO and comprehensive health plans.

    An Equal Opportunity Employer :

    Verona Pharma is an Equal Opportunity Employer and prohibits discrimination and harassment of any kind. All employment decisions at Verona Pharma are based on business needs, job requirements and individual qualifications, without regard to race, color, religion or belief, national, social or ethnic origin, sex (including pregnancy), age, physical, mental or sensory disability, HIV Status, sexual orientation, gender identity and / or expression, marital, civil union or domestic partnership status, past or present military service, family medical history or genetic information, family or parental status, or any other status protected by the laws or regulations in the locations where we operate.

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