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Director, Business Development - Biosimilars

Company: Biogen Idec
Location: Cambridge
Posted on: June 7, 2021

Job Description:

Company DescriptionJob Description

About This Role

Our Business Development team supports the overall strategy by targeting and evaluating external growth opportunities for Biogen. The Director supports the assessment of growth opportunities, partners with evaluation and diligence teams, and negotiates transactions. This is a high impact role working across many large functions.

Biogen Biosimilars Unit (BBU) is committed to commercialization in several biologic categories and product launches. With our first FDA application under current review with the FDA, we are a team committed to advancing care for patients needing life changing therapies. As recent industry reports suggest, Biosimilar products in US healthcare have an opportunity to exceed $100 billion USD of savings during the next five years - Biogen is committed to be at the forefront of this opportunity for patients and the US healthcare system.

The Director, Business Development-Biosimilars will have responsibility for evaluating external growth opportunities for BBU and, where appropriate, executing transactions to access the assets of interest. This individual will report to the VP, Business Development.

What You'll Do

  • Consider broad corporate priorities and participate in strategy planning for financial investment trade-off decisions required for corporate growth.
  • Participate in one or more cross functional committees responsible for the initial triaging of externally generated licensing and/or collaboration opportunities.
  • Lead negotiations in business transactions.
  • Work effectively with legal, finance and scientific teams and make business development proposals to senior management.
  • Help Lead evaluations of all aspects of therapeutic drug programs from pre-clinical through clinical stages across the relevant assessment areas: proposed clinical benefit, mechanism, pre-clinical data, manufacturing, regulatory strategy, clinical development path, intellectual property and commercial potential.

Qualifications

  • 7+ years in Biotechnology/pharmaceutical required.
  • Demonstrated ability to build rapport with therapeutic and functional area leaders.
  • Strong analytical skills required to provide sound inputs into financial evaluations.
  • Ability to identify and prioritize risks across functional areas, weigh those appropriately with benefits of investment, and effectively frame business decisions for senior management.
  • Strong communication and leadership skills necessary to effectively lead diligence teams and navigate the Biogen corporate structure, i.e., possessing organizational savvy.
  • Ability to "think on your feet" both during negotiations with third parties and during internal discussions of risks and strategy.
  • Strong presentation skills.
  • Deal sheet submission strongly preferred*

Education

  • MBA, J.D., Ph.D., or other graduate degree strongly preferred

Additional Information

At Biogen, our mission is clear: we are pioneers in neuroscience. Biogen discovers, develops, and delivers worldwide innovative therapies for people living with serious neurological and neurodegenerative diseases. One of the world's first global biotechnology companies, Biogen was founded in 1978 and today has the leading portfolio of medicines to treat multiple sclerosis, has introduced the first and only approved treatment for spinal muscular atrophy, and is focused on advancing neuroscience research programs in Alzheimer's disease and dementia, MS and neuroimmunology, movement disorders, neuromuscular disorders, acute neurology, neurocognitive disorders, pain, and ophthalmology. Biogen also manufactures and commercializes biosimilars of advanced biologics.

Keywords: Biogen Idec, Cambridge , Director, Business Development - Biosimilars, Other , Cambridge, Massachusetts

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