Head of Business Development

Company: Flagship Pioneering
Location: Cambridge
Posted on: March 15, 2023

Job Description:

The Company:
FL85 is a Flagship-backed, privately held biotechnology company on a mission to transform the current approach to information molecule therapeutics to unlock their full therapeutic potential. In recent years, we have begun to experience the power of information molecules in treating historically undruggable diseases and in designing therapies with unprecedented turnaround times. FL85's platform integrates nanoparticle development with world-class informatics technologies and a novel pipeline of experimentation and discovery to drive a new generation of highly effective, therapeutically relevant information molecule therapies. We are seeking collaborative, relentless problem solvers that share our passion for impact to join us!
"Flagship Pioneering has conceived of and created companies such as Moderna Therapeutics (NASDAQ: MRNA), Editas Medicine (NASDAQ: EDIT), Omega Therapeutics (NASDAQ: OMGA), Seres Therapeutics (NASDAQ: MCRB), and Indigo Agriculture. Since its launch in 2000, Flagship has applied its unique hypothesis-driven innovation process to originate and foster more than 100 scientific ventures. In 2021, Flagship Pioneering was ranked 12th globally on Fortune's "Change the World" list, an annual ranking of companies that have made a positive social and environmental impact through activities that are part of their core business strategies."
The Position:
The Head of Business Development and Strategic Partnerships will source, structure, negotiate and close different types of partnerships from discovery stage assets through commercialization.She/he is a leader with the ability to rapidly establish credibility, trust, and respect across the organization to operate as a true strategic thought partner across the business. She/he needs to be able to appropriately balance multiple priorities and work against tight timelines. Given the high visibility to Executive Leadership, this role presents excellent career advancement opportunities.
Key responsibilities:

• 
  
• Build and lead the Business Development function at FL85.
  
• Lead high-profile cross-functional teams and provide strong project management skills to ensure that key risks and opportunities are identified, captured, and presented in an unbiased way to senior management for decision-making.
  
• Provide business development expertise and design partnering structures tailored to the profile of each envisioned collaboration.
  
• Provide outstanding transaction skills through the entire deal-making process to secure and implement attractive deals.
  
• Leverage and continuously strengthen broad academic, venture, and industry networks to identify, evaluate and recommend partnering opportunities based on scientific merit and strategic fit.
  
• Proactively monitor the external business environment and maintain a knowledge base of licensing transactions and other company activities.
  
• Lead term sheet and contract negotiations
  
• Be an inclusive leader effectively managing and building a diverse and multicultural team
  
• Lead with authenticity and a sense of urgency that inspires the team to communicate openly and thrive together.
  
  Preferred Qualifications:
  
  • 
    
  • 10+ years industry experience with at least 5+ years in Business Development, including lead role in deal execution
    
  • Advanced degree in a quantitative/scientific field (MBA, Masters or PhD) preferred
    
  • B.A. or B.S. degree (or equivalent) in life science or other relevant field
    
    Skills:
    
    • 
      
    • Proven ability to source, structure, negotiate and close different types of partnerships from discovery stage assets through the commercialization stage.
      
    • Demonstrated ability to lead cross-functional teams and strategic corporate initiatives
      
    • Strong project management skills, ability to ensure effective/efficient decision-making and issue resolution competencies
      
    • Strong interpersonal skills and ability to multitask and perform under pressure to meet challenging deadlines
      
    • Financial modeling and commercial forecast experience
      
    • Keen understanding of assets covered in deals/alliances
      
    • Understanding of complex deal structures requiring coordination with finance, legal, tax, R&D and commercial stakeholders
      
    • Established network of contacts in key academic institutions, biotechnology and pharmaceutical companies, VC community
      
    • Ability to synthesize and present to senior executives, including Board, a complex set of facts (i.e. scientific, clinical, financial, and market information) to facilitate the decision-making process
      
    • Outstanding presentation and communication skills
      

Keywords: Flagship Pioneering, Cambridge , Head of Business Development, Other , Cambridge, Massachusetts