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 New Ventures, the New Ventures Senior Director will be leading the identification and evaluation of external growth opportunities to build an externalized portfolio of research and early clinical stage assets by utilizing alternative deal constructs to incubate and capture breakthrough innovation. Additionally, this individual will be responsible for managing and operationalizing assets in the externalized pipeline independently of Biogen infrastructure but aligned to Biogen's R&D principles and standards.
Want more jobs like this?
Get jobs in Cambridge, MA delivered to your inbox every week.
What You'll Do
- Proactively survey the emerging scientific and technological landscape to identify the most impactful emerging areas of breakthrough innovation
- Maintain networks with the VC and biotech community
- Propose external pipeline investments, develop assessments, the scientific rationale, prosecution plans, and manage the opportunity until internalization into the Biogen portfolio.
- Maintain close alignment with the Research and early Development organizations to track progress of the externalized programs and assess appropriate timing and triggers for transition into the internal pipeline
- Develops highly complex assessments, scenarios, and recommendations for external opportunities
- Lead focused cross-functional teams in the evaluation of opportunities with focus on the scientific and technical merit to advance (or exclude) opportunities. Integrates complex data sets and provides clear recommendations.
- Create written summaries of evaluations in the form of memos and visual presentations and lead the focused cross functional team into governance discussions with senior leadership that frame the scientific and strategic importance of proposed opportunities of high risk and complexity
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 identifying and advancing innovative external opportunities, sourcing from Biotech, VC, and other avenues, and operationalizing seed/series A companies. You must maintain a strong network in the scientific/clinical and the biotech/VC community to identify opportunities to enhance and innovate Biogen's pipeline
Required Skills
- 15+ years of experience in the biotechnology and/or pharmaceutical industry. PhD in the life sciences or related field
- Experience in VC firms and/or formation and operationalizing seed/series A companies
- Broad and comprehensive expertise in identifying and advancing innovative external opportunities, sourcing from Biotech, VC, and other avenues
- Experience in forming and operationalizing seed/series A companies
- Comprehensive knowledge of the biotech operating model, portfolio risk management and drug discovery/early development
- Knowledge of multiple transaction types (e.g., equity, build to buy, option deals)
- Broad and comprehensive experience of cross functional project leadership
- Ability to operate with a high level of independence and guides others
- Experience in leading highly visible multidisciplinary 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 internationally 2-4 times 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.