What are the responsibilities and job description for the (S)VP Business Development position at Seismic Therapeutic Inc?
About Seismic Therapeutic: Seismic Therapeutic is making a major shift in how immunology therapies are discovered and developed, enabled by machine learning. We have brought together a stellar team of leading immunology drug developers, machine learning innovators and company builders who are charting new drug discovery territory to open better and faster ways to make medicines for patients with immune-driven diseases.At our core, we are focused on phenomenal science, supportive culture, a superstar team, meritocracy, and patient-centric goals. Seismic has the tools, skills, ideas and people to make this a reality. Success will be the discovery and development of effective therapies for patients in need, and we invite you to become a part of that.Job Summary: (S)VP of BD is responsible for driving business development activities including strategic partnerships, licensing, M&A, and R&D and/or commercial collaborations. The (S)VP sets strategy in conjunction with Senior Leadership and operates independently on day-to-day execution and management of external relationships. The (S)VP leads deal strategy from identification through execution, working closely with research, clinical, manufacturing, legal and finance teams on deal execution and alliance management. The (S)VP has the latitude to negotiate routine contracts and partners with CFO and legal counsel on key provisions, complex deal structures, strategic partnerships, and M&A.Key Responsibilities: Strategy & GrowthPartners with Senior Leadership on business development strategy Monitors industry trends, competitive landscape, and emerging areas of interest – with a particular focus on immunologyContinuously identifies, evaluates, and prioritizes partnering, licensing, and M&A opportunities that align with corporate and pipeline objectivesDeal Sourcing & ExecutionIndependently sources and drives dialog around partnership and M&A opportunities (including in-licensing, out-licensing, co-development/co-commercialization, and other potential structures)Leads deal execution including routine contract structuring, and collaborates with research, clinical, manufacturing, legal and finance teams on due diligencePartners with CFO and legal counsel on key contract provisions, complex deal structures, strategic partnerships, and M&AExternal RelationshipsIndependently cultivates relationships across pharma, biotech, and academic collaborators, including key decision makersRepresents Seismic at partner meetings and industry conferencesCross Functional LeadershipPartner with research, clinical, manufacturing, and finance teams to assess scientific and future commercial viabilityEstablish best practices for deal evaluation and executionAlign business development initiatives with corporate strategy and capital allocation strategiesPresent opportunities, recommendations and deal rationale to Senior LeadershipBackground & Skill Set: 15 (SVP) years of business development experience in a related field (pharma, biotech, M&A investment banking, consulting)Preference for experience in both private and public company deal structuringPreference for large pharma BD&L experienceDemonstrated track record of driving successful licensing, partnership, and/or M&A deals through closing and integrationIndependent, strategic thinker with the ability to translate complex science into business and shareholder valueHighly developed communication and presentation skillsExtensive and seasoned business development network across pharma and biotech, including relationships with senior level decision makersActive within the biotech community Advanced degree (MBA, MD, PhD) preferred but not requiredReporting Structure: Reports to the CFODirect reports may include business development Directors, Managers, AssociatesOtherStrong preference for Boston area-based candidates (or willingness to relocate)In office expectations of four days a week when not travelling on businessThe annual base salary range for this (S)VP position is $275,000 - $400,000.
Salary : $275,000 - $400,000