Director, Business Development

Posted Yesterday
Be an Early Applicant
2 Locations
Hybrid
225K-280K Annually
Mid level
Healthtech • Machine Learning • Software • Biotech • Pharmaceutical
Opening new worlds for molecular discovery
The Role
Lead sourcing, evaluating, and executing licensing, research collaborations, and strategic partnerships across therapeutics. Manage full deal lifecycle: opportunity scouting, due diligence, term sheet negotiation, and agreement execution. Coordinate cross-functional teams (R&D, Legal, Finance), maintain partner relationships, and represent the company at industry conferences.
Summary Generated by Built In

Schrödinger seeks a Director of Business Development to join us in our mission to transform the discovery of therapeutics and materials!

Schrödinger has pioneered a physics-based software platform that enables discovery of high-quality, novel molecules for drug development and materials applications more rapidly and at lower cost compared to traditional methods. The software platform is used by biopharmaceutical and industrial companies, academic institutions, and government laboratories around the world. Our multidisciplinary drug discovery team also leverages the software platform to advance collaborative programs and its own pipeline of novel therapeutics to address unmet medical needs.

As a member of our Business Development team, you’ll play a crucial role in supporting the future of value creation from therapeutics at Schrödinger. You’ll expand our portfolio through strategic partnerships and licensing and research collaboration opportunities. This role involves participation in the full deal lifecycle, from initial opportunity ideation, scouting, and rigorous due diligence management to term sheet negotiation and final execution. 


Who will love this job:

  • An experienced dealmaker with a proven track record of licensing deals or research collaborations
  • A confident sell-side biotech business developer
  • A skilled data synthesizer who can use information about scientific research and disclosures, biopharma R&D investments, venture portfolios, commercial sources, and the industry pipelines of MOAs and assets to court diverse prospective partners

What you’ll do:

  • Proactively identify and evaluate potential licensing partners, synergistic platform collaboration opportunities, and strategic partnerships that align with the company’s growth strategy
  • Lead and/or support cross-functional teams (e.g., R&D, Legal, Finance) in the conduct of rigorous evaluations of external opportunities
  • Support partnership workflow and negotiation of term sheets and definitive agreements (e.g., CDAs, MTAs, Licensing Agreements, Research Collaboration Agreements)
  • Serve as a point of contact for external biopharma and biotech business development representatives; attend and represent the company at industry conferences and networking events, such as JPM and BIO

What you should have:

  • A deal sheet summarizing deal history - roles and dates required (please include this with your resume in your application)
  • Bachelor’s degree in life science; MBA, JD, or PhD preferred 
  • At least four years of experience in business development, corporate strategy, or investment banking within the biopharma sector
 
Pay and perks:
Schrödinger understands it’s people that make a company great. Because of this, we’re prepared to offer a competitive salary, equity-based compensation, and a wide range of benefits that include healthcare (with dental and vision), a 401k, pre-tax commuter benefits, a flexible work schedule, and a parental leave program. We have regular catered meals in the office, a company culture that is relaxed but engaged, and over a month of paid vacation time.  Our Office Management team also plans a myriad of fun company-wide events. New York is home to our largest office, but we have teams all over the world. Schrödinger is honored to have been included in Crain's New York Best Places to Work, BuiltIn's NYC Best Place to Work, and Newsweek's list of America's 100 Most Loved Workplaces. 

Estimated base salary range: $225,000 - $280,000. Actual compensation package is dependent on a number of factors, including, for example, experience, education, degrees held, market data, and business needs. If you have any questions regarding the compensation for this role, do not hesitate to reach out to a member of our Strategic Growth team.

 
Sound exciting? Apply today and join us!
 
As an equal opportunity employer, Schrödinger hires outstanding individuals into every position in the company. People who work with us have a high degree of engagement, a commitment to working effectively in teams, and a passion for the company's mission. We place the highest value on creating a safe environment where our employees can grow and contribute, and refuse to discriminate on the basis of race, color, religious belief, sex, age, disability, national origin, alienage or citizenship status, marital status, partnership status, caregiver status, sexual and reproductive health decisions, gender identity or expression, sexual orientation, or any other protected characteristic. To us, "diversity" isn't just a buzzword, but an important element of our core principles and key business practices. We believe that diverse companies innovate better and think more creatively than homogenous ones because they take into account a wide range of viewpoints. For us, greater diversity doesn't mean better headlines or public images - it means increased adaptability and profitability.

Skills Required

  • Deal sheet summarizing deal history with roles and dates (include with resume)
  • Bachelor's degree in life science
  • MBA, JD, or PhD
  • At least four years of experience in business development, corporate strategy, or investment banking within the biopharma sector
  • Proven track record of licensing deals or research collaborations
  • Experience managing due diligence and negotiating term sheets and definitive agreements (CDAs, MTAs, Licensing Agreements, Research Collaboration Agreements)
  • Ability to lead and coordinate cross-functional teams and represent the company at industry conferences

Schrödinger, Inc. Compensation & Benefits Highlights

  • Leave & Time Off Breadth Time off includes over a month of paid vacation plus two companywide shutdown weeks each year (late December and a summer “Project R&R” week), which is uncommon in U.S. tech/biotech. These scheduled breaks create meaningful, planned downtime beyond standard PTO.
  • Healthcare Strength Health coverage spans medical, dental, vision, and mental‑health benefits, with FSAs, an EAP, and wellness/community programs listed as core offerings. The breadth of these programs is highlighted across official materials.
  • Parental & Family Support Paid parental leave and subsidized backup care for children, elders, and pets are provided, alongside flexible/hybrid work options. Additional supports such as a post‑parental‑leave return program and pet insurance are also cited.

Schrödinger, Inc. Insights

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The Company
HQ: New York, NY
885 Employees
Year Founded: 1990

What We Do

Schrödinger is a leading provider of advanced molecular simulations and enterprise software solutions and services for pharmaceutical, biotechnology, and materials science research. The predictive power of Schrödinger's software allows scientists to accelerate their research and development, reduce research costs, and make novel discoveries.

Why Work With Us

We have a mission-driven culture that thrives off team collaboration. By utilizing a non-hierarchal approach, we hope to give all employees a voice and room to grow to their fullest potential. We actively engage in diversity and inclusion efforts, pay fairly, and always strive to provide a supportive atmosphere for our teams.

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Schrödinger, Inc. Offices

Hybrid Workspace

Employees engage in a combination of remote and on-site work.

Typical time on-site: 2 days a week
HQNew York Office
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