What are the responsibilities and job description for the Director of Business Development position at Inceptive?
At Inceptive, you will drive development forward that could help billions of people. To accomplish this, you will be part of a collaborative, antedisciplinary team building our biological software.
We are looking for an exceptional and motivated individual to join our business development team.
You will be joining a dynamic and agile team, set to execute on our mission and capitalize on scientific, business, and strategic opportunities. We are seeking a Business Development professional to help identify, structure, and execute strategic partnerships. This role sits at the intersection of science, strategy, and dealmaking, and will work closely with leadership, scientists, and external partners.
Your mission, should you choose to accept it
- Embody our vision of an antedisciplinary environment and embrace learning about areas outside of your traditional area of expertise
- Identify and source new business opportunities with biotech and pharma through market research, networking, and by building business relationships to expand Inceptive’s network
- Lead outbound BD efforts, including prospecting, relationship building, and pipeline management
- Support deal execution (term sheets, negotiations, diligence, closing)
- Collaborate with scientific and technical teams to translate platform capabilities into partner value
- Conduct market analysis and competitive intelligence to inform BD strategy
- Prepare documents and presentations to senior management to help drive decision-making through the deal process
- Travel to industry events, scientific or business oriented
Qualifications
- Masters in science (PhD preferred), ideally with a background in biologics, genetic medicines, or deep learning methods applied to drug development
- 3 years of experience in business development in pharma, biotech or VC
- Proven ability to work in a fast pace environment as part of a team, apprehend business concepts relevant to biotech or techbio, and manage multiple projects effectively
- Track record of collaboratively partnering with internal technical stakeholders
- Deep understanding of the drug discovery and the development and commercialization process (understanding of computational biology a plus)
- Good business instincts and fluency with business analytics and deal valuation methodologies
- Ability to engage both scientific and business stakeholders
- Outstanding oral and written communication, interpersonal, and negotiation skills
- Availability to accommodate working with team members across different time zones, with one or two meetings per week starting at 8am PT or finishing at 7pm CET
- Readiness to travel several times a year for company retreats and business events
- We value the benefits of in-person collaboration and expect candidates to primarily work at our office locations