What are the responsibilities and job description for the Chief Business Officer Life Sciences Series A position at Vida Group International?
Business Development Officer (BDO) - Biotech Series A
Prefer experience in both in and out license. This candidate should have at least 10 year experience in large pharma BD or biotech BD with a strong deal sheet. We are looking for clinical stage drug deal experience.
Identifying and pursuing strategic partnerships, licensing deals, and potential collaborations for a young biotechnology company in its Series A funding stage, requiring a strong scientific background, market analysis skills, and experience in negotiating complex deals within the biotech industry, with a focus on building relationships with potential partners to accelerate the company's product development and market entry strategy.
Key Responsibilities :
- Market Analysis and Opportunity Identification :
- Conduct thorough market research to identify potential licensing opportunities, strategic partnerships, and new business development avenues aligned with the company's therapeutic focus and technology platform.
- Lead Generation and Relationship Building :
- Actively network with key players in the biotech industry including pharmaceutical companies, venture capitalists, research institutions, and other relevant stakeholders to establish and nurture relationships.
- Deal Structuring and Negotiation :
- Develop and execute comprehensive business development strategies, including deal terms, milestones, royalty structures, and other contractual elements for potential licensing agreements, collaborations, and joint ventures.
- Scientific Due Diligence :
- Evaluate potential partners' technology platforms, clinical data, and intellectual property landscape to assess the strategic fit and commercial viability of potential collaborations.
- Internal Collaboration :
- Work closely with cross-functional teams including R&D, clinical development, legal, and finance to ensure alignment on business development strategies and execution.
- Pitching and Presentation :
- Prepare compelling presentations to communicate the company's technology, market opportunity, and value proposition to potential partners.
- Deal Closure and Contract Management :
- Manage the entire deal negotiation process, including legal documentation, contract review, and execution to ensure successful partnership implementation.
Required Skills and Experience :
Education and Background :