About This Role
Corporate Development leads the establishment of Biogen's corporate strategy and is responsible for the identification, assessment and negotiation of external opportunities to augment Biogen's pipeline, as well as integration of acquired companies and management of relationships with Biogen's partners.
Reporting to the Head of Business Development/M&A, the Business Development Transactions Sr Director will be responsible for the business evaluation and execution of impactful business development opportunities across therapeutic areas, asset stages, and deal types including R&D or commercial partnerships, licenses, collaborations, and/or acquisitions that fit within the overall corporate strategy, business plan and product portfolio. Additionally, this individual will be responsible for executing New Venture transactions that could include strategic equity investments, build-to-buy and option deals, and NewCo formation.
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What You'll Do
- Evaluate, structure, negotiate, and close large strategic M&A, BD&L, and New Ventures transactions that align with the company's global strategic growth initiatives.
- Lead due diligence from NBO to signing, to advance deals of high complexity. Provide thought leadership and work collaboratively and productively with the Corporate Development organization, with an emphasis on building strong deal teams.
- Negotiate on behalf of Biogen highly complex deals under applicable policies and regulations
- Lead transaction contracting process and serve as business partner to key corporate functions including legal, finance, tax and accounting
- Independently lead execution of complex opportunities with focus on business actionability to advance (or stop) opportunities. Integrate complex data sets and provide clear recommendations.
- Drive effective handover from the external innovation deal lead at NBO stage.
- Collaborate with cross-functional colleagues to proactively identify external growth opportunities for partnering/acquisitions in multiple therapeutic areas of high priority.
- Contribute to opportunity prioritization within therapeutic areas by providing transactional actionability assessments.
- Develops highly complex assessments, scenarios, and recommendations for external opportunities
Who You Are
You are a team player with a demonstrated ability to deliver results in a timely manner and at the highest levels of excellence in a fast-paced, collaborative environment. You must have demonstrated experience in negotiation of multiple deal types and a record of driving BD opportunities to closing. You must maintain a strong network with the investment banking and biotech community to identify opportunities to enhance and innovate Biogen's pipeline
Required Skills
- Advanced/graduate degree required, advanced scientific degree with MBA or PhD preferred
- 15+ years' experience in biopharma, consulting, banking, or related fields.
- 5+ years' experience in Business Development or Corporate M&A
- Substantial deal sheet required, including independently leading and negotiating 5-10 or more closed transactions
- Broad and comprehensive expertise in deal negotiation, applicable policies, and regulations
- Broad and comprehensive expertise in multiple deal types
- Broad and comprehensive expertise in financial evaluations and analytics and comprehensive knowledge of key disciplines (Legal, Finance, Commercial).
- Comprehensive knowledge of drug development
- Broad and comprehensive experience on cross functional project leadership
- Ability to operate with high level of independence while providing guidance to others
- Experience leading highly visible multidisciplinary deal teams and projects. Ability to influence cross-functional stakeholders to bring sound evaluations and recommendations forward to senior management
- Experience presenting proposals of high risk and complexity to senior management and negotiating with senior management (EC and EC-1) and other senior stakeholders to influence decisions
- Travel mostly domestic about once or twice per year
Job Level: Management
Additional Information
The base compensation range for this role is: $225,000.00-$310,000.00
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.