Director, New Ventures
About This Role:
As the Director, New Ventures at Biogen, you will play a pivotal role on the Corporate Development team, which is central to Biogen's corporate strategy. Reporting to the Head of New Ventures, you will spearhead the identification and evaluation of investment opportunities, aiming to build an external portfolio of research and early clinical stage assets. Your leadership will enable Biogen to access breakthrough innovations by managing these assets independently yet aligned with Biogen's R&D principles. This role is crucial in augmenting Biogen's pipeline and ensuring long-term growth through strategic partnerships and investments. Your efforts will directly contribute to Biogen's mission of transforming patients' lives through innovative science.
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What You'll Do:
- Proactively survey the scientific, medical, and technological landscape to identify impactful emerging areas of innovation within a defined area of interest.
- Lead focused cross-functional due diligence teams to evaluate opportunities and drive discussions with internal stakeholders and external KOLs.
- Triage and prioritize potential investment opportunities, managing a comprehensive deal database.
- Create written deal summaries and visual presentations to support discussions with senior leadership, highlighting the scientific and strategic importance of proposed opportunities.
- Support portfolio companies and maintain alignment with Research and early Development organizations to track external programs and assess potential transitions into Biogen's internal pipeline.
- Develop networks with the venture capital and biotech communities.
Who You Are:
You thrive in a fast-paced, collaborative environment and are adept at delivering results with excellence. You are experienced in identifying and advancing innovative opportunities, particularly in the biotech and VC sectors. You are a strategic thinker, capable of translating complex scientific data into business opportunities, and you excel in managing high-risk, high-reward prospects.
Required Skills:
- Ph.D. or M.D. in life sciences or a related field, with 7+ years of experience in the biotechnology, venture capital, and/or pharmaceutical industry.
- Experience in venture capital firms and/or formation and operationalization of seed/series A companies.
- Comprehensive knowledge of the biotech operating model, portfolio risk management, and drug discovery/early development.
- Proficiency in multiple transaction types (e.g., equity and option deals).
- Experience leading multidisciplinary teams, developing complex proposals, and influencing decisions.
- Ability to operate with a high level of independence and guide others.
Job Level: Management
Additional Information
The base compensation range for this role is: $192,000.00-$264,000.00
Base salary offered is determined through an analytical approach utilizing a combination of factors including, but not limited to, relevant skills & experience, job location, and internal equity.
Regular employees are eligible to receive both short term and long-term incentives, including cash bonus and equity incentive opportunities, designed to reward recent achievements and recognize your future potential based on individual, business unit and company performance.
In addition to compensation, Biogen offers a full and highly competitive range of benefits designed to support our employees' and their families physical, financial, emotional, and social well-being; including, but not limited to:
- Medical, Dental, Vision, & Life insurances
- Fitness & Wellness programs including a fitness reimbursement
- Short- and Long-Term Disability insurance
- A minimum of 15 days of paid vacation and an additional end-of-year shutdown time off (Dec 26-Dec 31)
- Up to 12 company paid holidays + 3 paid days off for Personal Significance
- 80 hours of sick time per calendar year
- Paid Maternity and Parental Leave benefit
- 401(k) program participation with company matched contributions
- Employee stock purchase plan
- Tuition reimbursement of up to $10,000 per calendar year
- Employee Resource Groups participation
Why Biogen?
We are a global team with a commitment to excellence, and a pioneering spirit. As a mid-sized biotechnology company, we provide the stability and resources of a well-established business while fostering an environment where individual contributions make a significant impact. Our team encompasses some of the most talented and passionate achievers who have unparalleled opportunities for learning, growth, and expanding their skills. Above all, we work together to deliver life-changing medicines, with every role playing a vital part in our mission. Caring Deeply. Achieving Excellence. Changing Lives.
At Biogen, we are committed to building on our culture of inclusion and belonging that reflects the communities where we operate and the patients we serve. We know that diverse backgrounds, cultures, and perspectives make us a stronger and more innovative company, and we are focused on building teams where every employee feels empowered and inspired. Read on to learn more about our DE&I efforts.
All qualified applicants will receive consideration for employment without regard to sex, gender identity or expression, sexual orientation, marital status, race, color, national origin, ancestry, ethnicity, religion, age, veteran status, disability, genetic information or any other basis protected by federal, state or local law. Biogen is an E-Verify Employer in the United States.
Perks and Benefits
Health and Wellness
- FSA
- HSA
- On-Site Gym
- Health Insurance
- Dental Insurance
- Vision Insurance
- Life Insurance
- Short-Term Disability
- Long-Term Disability
- Mental Health Benefits
- Fitness Subsidies
- HSA With Employer Contribution
Parental Benefits
- On-site/Nearby Childcare
- Fertility Benefits
- Adoption Assistance Program
- Family Support Resources
- Birth Parent or Maternity Leave
- Non-Birth Parent or Paternity Leave
- Adoption Leave
Work Flexibility
- Remote Work Opportunities
- Flexible Work Hours
- Hybrid Work Opportunities
Office Life and Perks
- Commuter Benefits Program
- Happy Hours
- Some Meals Provided
- Company Outings
- On-Site Cafeteria
- Holiday Events
Vacation and Time Off
- Leave of Absence
- Personal/Sick Days
- Paid Holidays
- Paid Vacation
- Sabbatical
- Volunteer Time Off
- Summer Fridays
Financial and Retirement
- Relocation Assistance
- Performance Bonus
- Company Equity
- 401(K) With Company Matching
- Stock Purchase Program
- Financial Counseling
Professional Development
- Promote From Within
- Access to Online Courses
- Lunch and Learns
- Tuition Reimbursement
- Internship Program
- Leadership Training Program
- Mentor Program
- Shadowing Opportunities
Diversity and Inclusion
- Diversity, Equity, and Inclusion Program
- Employee Resource Groups (ERG)