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Business Development

Director/Executive Director, Scientific Licensing/Alliance Management

Senior Manager, Scientific Licensing/Alliance

Vice President, Business Development

Associate Director, Business Development

 


 

 

 

 

 

 

Associate Director, Business Development

 


Pharmaceutical company located in Northern NJ is seeking an Associate Director Business Development to be responsible for taking assigned projects from the conceptual stage, through development, to commercialization. This individual shall manage the development of objectives, strategies and assignments in order to ensure the execution and success of projects.
Responsibilities:
- Work to ensure integration of strategic planning across all functions that impact development efforts. To this extent, leads coordination efforts with R&D/Regulatory Affairs, Production, Sales and Marketing and Business Development.
- Present project proposals and take forward ideas put forth by the company.
- Create and maintain relationships with partnerships.
- Serve as primary contact for partnerships.
- Work with partnerships to promote project concepts that are economical and strategically viable to the company.
- Support department by formulating product trend analysis and monitoring strategic developments of new or existing product candidates.
- Recommend changes and improvements for assigned projects.
- Evaluate ideas and suggestions for new or existing products.
- Monitor websites, perform searches for information that may affect product commercialization.
- Participate and represent department at project meetings and act as liaison with all departments as required.

Requirements:
oRequires four years of college resulting in a Bachelor of Science degree or equivalent.
oRequires 3-5 years minimum related work experience, preferably with generic pharmaceutical products.
oRequires excellent computer skills.
oExperience with IMS Data and a general knowledge of Active Pharmaceutical Ingredients and US FDA Regulations are preferred.
oThis position requires an individual that has excellent communication skills, both verbal and written. The Business Development Manager shall be required to channel information in an appropriate manner, ensuring the most constructive usage of information and data. Must demonstrate the ability to work independently or function as a core team member.
oRequires the ability to handle simultaneous tasks and meet deadlines. Must be willing to travel and work a flexible schedule as required.

 

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Director/Executive Director, Scientific Licensing/Alliance Management

Position Summary:
Manage all aspects of scientific licensing of technology and products to add to internal R&D pipeline. Manages partnerships with external licensing and acquisition partners and ensure that the contributions from these partnerships are maximized in terms of sales and profit growth.

Position Scope:
Lead all activities towards the identification, evaluation and completion of partnerships that help acquire technology or products to boost the R&D pipeline.
·Collaborates with internal departments, such as marketing, sales, R&D, and Finance, along with external partners towards the maximization of the value of our companies' partnerships and acquisitions. Serves as a key spokesperson ensuring an appropriate implementation of key activities identified in the agreements. Serves as an ongoing internal champion of these partnerships and ensure that all company stakeholders are kept informed and fulfill their obligations towards the success of the partnerships.

Responsibilities: Scientific Licensing
1. Review literature, attend scientific meetings and interact with key external contacts to identify and target potential scientific in-licensing opportunities.
2. Collaborate with internal functions (marketing, R&D, Finance etc.) to conduct due diligence on identified opportunities and recommend to management on moving forward with product acquisition.
3. Participate in negotiations that would lead to the closure of these in-licensing deals.
4. Monitor product development and acquisition opportunities; stay current with the latest marketing and business trends in companies' market segments.
5. Assist in or produce feasibility studies/business plans for new product development.
6. Prepare market analysis and financial models justifying a go/no go decision on acquisition and licensing opportunities
Alliance Management
7. Serve as key liaison with external partners.
8. Develop Action Plans along with other departments towards fulfillment of obligations in these partnerships.
9. Serve as the internal contact person on any ongoing partnership.
10. Work with different departments towards the quick integration of new product acquisitions.
11. Assist different departments in appropriate budget planning as it relates to their obligations towards our alliances.
12. Demonstrates knowledge of, and supports, mission, vision, value statements, standards, policies and procedures, operating instructions, confidentiality standards, and the code of ethical behavior.

Experience: Must possess a M.D. Ph.D. or Pharm D. Highly developed scientific evaluation, organizational, planning and management writing skills and oral communication skills and the ability to work effectively with others. Understand the significance and role of the position. Understanding and Setting of Goals. Realistic scheduling and observance of deadlines. Knowledge and understanding of the constituencies and knowledge of the service area. Integrity, Creativity, Intellectual Curiosity, High Standards, Persistence, and Achievement oriented.

Additional Requirements:
1. Independent judgment to determine project guidelines, purpose, follow-through and completion.
2. Ability to understand financial reports including budgetary guidelines and project expenditures.
3. Ability to assign and delegate work, problem solve, answer questions and evaluate results of performance.

INTERPERSONAL SKILLS:
1. Ability to interact effectively with external pharmaceutical company partners and handle potential conflicts professionally
2. Ability to interact effectively with employees in order to direct work flow and assign duties.
Extensive travel
Ability to work under stress, interruptions and tight deadlines

 

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Senior Manager, Scientific Licensing/Alliance

Position Summary:
Manage all aspects of scientific licensing of technology and products to add to internal R&D pipeline. Manages partnerships with external licensing and acquisition partners and ensure that the contributions from these partnerships are maximized in terms of sales and profit growth.

Position Scope:
Lead all activities towards the identification, evaluation and completion of partnerships that help acquire technology or products to boost the R&D pipeline.
·Collaborates with internal departments, such as marketing, sales, R&D, and Finance, along with external partners towards the maximization of the value of our companies' partnerships and acquisitions. Serves as a key spokesperson ensuring an appropriate implementation of key activities identified in the agreements. Serves as an ongoing internal champion of these partnerships and ensure that all company stakeholders are kept informed and fulfill their obligations towards the success of the partnerships.

Responsibilities: Scientific Licensing
1. Review literature, attend scientific meetings and interact with key external contacts to identify and target potential scientific in-licensing opportunities.
2. Collaborate with internal functions (marketing, R&D, Finance etc.) to conduct due diligence on identified opportunities and recommend to management on moving forward with product acquisition.
3. Participate in negotiations that would lead to the closure of these in-licensing deals.
4. Monitor product development and acquisition opportunities; stay current with the latest marketing and business trends in companies' market segments.
5. Assist in or produce feasibility studies/business plans for new product development.
6. Prepare market analysis and financial models justifying a go/no go decision on acquisition and licensing opportunities
Alliance Management
7. Serve as key liaison with external partners.
8. Develop Action Plans along with other departments towards fulfillment of obligations in these partnerships.
9. Serve as the internal contact person on any ongoing partnership.
10. Work with different departments towards the quick integration of new product acquisitions.
11. Assist different departments in appropriate budget planning as it relates to their obligations towards our alliances.
12. Demonstrates knowledge of, and supports, mission, vision, value statements, standards, policies and procedures, operating instructions, confidentiality standards, and the code of ethical behavior.

Experience: Must possess a M.D. Ph.D. or Pharm D. Highly developed scientific evaluation, organizational, planning and management writing skills and oral communication skills and the ability to work effectively with others. Understand the significance and role of the position. Understanding and Setting of Goals. Realistic scheduling and observance of deadlines. Knowledge and understanding of the constituencies and knowledge of the service area. Integrity, Creativity, Intellectual Curiosity, High Standards, Persistence, and Achievement oriented.

Additional Requirements:
1. Independent judgment to determine project guidelines, purpose, follow-through and completion.
2. Ability to understand financial reports including budgetary guidelines and project expenditures.
3. Ability to assign and delegate work, problem solve, answer questions and evaluate results of performance.

INTERPERSONAL SKILLS:
1. Ability to interact effectively with external pharmaceutical company partners and handle potential conflicts professionally
2. Ability to interact effectively with employees in order to direct work flow and assign duties.
Extensive travel
Ability to work under stress, interruptions and tight deadlines

 

 

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Vice President, Business Development

A pharmaceutical CRO in New Jersey is seeking a Vice President, Business Development to be responsible for developing corporate business strategy and branding.

Responsibilities:
Manage and develop business development team in meeting agreed upon quarterly as well as annual goals (contacts, meetings, RFPs, contracts)

Source therapeutic opportunities and present realistic approaches to problem solving and project execution; understand the decision-making process of target companies

Create and maintain exceptional communication between the company and their clients to ensure customer satisfaction and repeat business

Facilitate the constant and complete exchange of information between the business development and operational teams, and expand business for ongoing projects

Represent the company at meetings with potential business development opportunities

Requirements:

BS/BA in life sciences or business; MBA or PhD a plus
3 - 5 years in experience in business development for a CRO or related business
Established contacts in Pharmaceutical and Biotechnology firms, especially Oncology-focused

Solid understanding of the clinical development process, Phases I-IV
Possess strong business and selling skills; be a strategic thinker
Demonstrated ability to sell solutions consistent with corporate goals
Excellent communication skills, written and oral

Travel dependent on business needs, up to 75%,

 

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