Chief Business Officer Life Sciences Series A Job at Vida Group International, San Mateo, CA

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  • Vida Group International
  • San Mateo, CA

Job Description

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:

  • Scientific Expertise:
  • A strong understanding of biotechnology principles, drug development process, and relevant therapeutic areas.
  • Business Development Acumen:
  • Proven track record of successfully identifying, developing, and closing business deals within the biotech industry, ideally with experience in Series A stage companies.
  • Market Analysis Skills:
  • Capability to analyze market trends, competitor landscape, and identify potential market opportunities for the company's technology.
  • Negotiation Skills:
  • Excellent negotiation and communication skills to structure and close complex deals with key stakeholders.
  • Networking Abilities:
  • Strong network within the biotech industry to identify potential partners and build strategic relationships.
  • Communication and Presentation Skills:
  • Ability to effectively communicate complex scientific concepts to both technical and non-technical audiences.

Education and Background:

  • Advanced degree in life sciences (Ph.D. or M.S.) with a strong emphasis on relevant therapeutic area is preferred.
  • MBA or equivalent business degree is a plus.
  • Minimum of 5-8 years of experience in biotech business development, ideally with experience in a Series A company

Job Tags

Contract work,

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