Sr. Director, Business Development
Description
Tris Pharma, Inc. (www.trispharma.com) is a leading privately-owned biopharmaceutical company focused on developing and commercializing innovative medicines. With over 150 US and International patents, including applications, Tris has marketed several branded and generic products in the U.S., licensed its products internationally, and has a robust pipeline of innovative products in neuroscience and other therapeutic categories.
About the Role
The Sr. Director, Business Development leads and manages company in-licensing and out-licensing initiatives, with a focus on US in-licensing of approved or late-stage branded products and licensing Tris' technology to other companies. This role collaborates with the senior management team to proactively search, identify, assess, and champion strategic opportunities.
Responsibilities
- Lead and execute all aspects of appropriate business development initiatives, including lead generation and sourcing, identifying and engaging key decision makers, ensuring/conducting due diligence, and successfully closing transactions.
- Assess competitive landscape, form strategies on both internal and external targets, and project potential peak sales for those assets accordingly. Outline strategic alternatives and present findings and recommendations to senior management.
- Collaborate with the President of the Branded Products Division and other senior management to develop company's long-term strategic direction. Serve as a key team contributor in the development of company's strategic direction.
- Engage appropriate company staff and leadership to develop and execute product in-licensing strategies. Advise Senior Leadership Team on key strategic assessments and decisions. Lead cross-functional teams and collaborate on business development initiatives.
- Lead and supervise a small Business Development team.
Requirements
- Bachelor's degree in business or scientific discipline AND minimum 8 years of experience in business development, alliance management, and/or corporate strategy in the pharmaceutical or biotechnology industry, in positions of increasing technical and strategic responsibility.
- Demonstrated record of success in business development in a highly successful organization.
- Hands-on experience successfully evaluating, structuring, negotiating, and closing a variety of large and complex licensing and/or partnership transactions.
- Proven understanding of pharmaceutical product lifecycle management, including drug development and delivery processes, FDA regulations, and branded commercialization paths.
- Proven ability to develop and present strategic plans to executive leadership.
- Consulting and/or investment banking experience preferred.