Director, New Ventures

Reposted 2 Days Ago
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Cambridge, MA
In-Office
192K-264K Annually
Senior level
Biotech
The Role
As the Director of New Ventures at Biogen, you will identify and evaluate biotech investment opportunities and manage external assets to enhance the company's portfolio and strategic partnerships, contributing to innovation in patient care.
Summary Generated by Built In

About This Role:
As the Director, New Ventures at Biogen, you will play a pivotal role on the Corporate Development team, which is central to Biogen’s corporate strategy. Reporting to the Head of New Ventures, you will spearhead the identification and evaluation of investment opportunities, aiming to build an external portfolio of research and early clinical stage assets. Your leadership will enable Biogen to access breakthrough innovations by managing these assets independently yet aligned with Biogen’s R&D principles. This role is crucial in augmenting Biogen’s pipeline and ensuring long-term growth through strategic partnerships and investments. Your efforts will directly contribute to Biogen’s mission of transforming patients’ lives through innovative science.

What You’ll Do:

  • Proactively survey the scientific, medical, and technological landscape to identify impactful emerging areas of innovation within a defined area of interest.
  • Lead focused cross-functional due diligence teams to evaluate opportunities and drive discussions with internal stakeholders and external KOLs.
  • Triage and prioritize potential investment opportunities, managing a comprehensive deal database.
  • Create written deal summaries and visual presentations to support discussions with senior leadership, highlighting the scientific and strategic importance of proposed opportunities.
  • Support portfolio companies and maintain alignment with Research and early Development organizations to track external programs and assess potential transitions into Biogen's internal pipeline.
  • Develop networks with the venture capital and biotech communities.

Who You Are:
You thrive in a fast-paced, collaborative environment and are adept at delivering results with excellence. You are experienced in identifying and advancing innovative opportunities, particularly in the biotech and VC sectors. You are a strategic thinker, capable of translating complex scientific data into business opportunities, and you excel in managing high-risk, high-reward prospects.

Required Skills:

  • Ph.D. or M.D. in life sciences or a related field, with 7+ years of experience in the biotechnology, venture capital, and/or pharmaceutical industry.
  • Experience in venture capital firms and/or formation and operationalization of seed/series A companies.
  • Comprehensive knowledge of the biotech operating model, portfolio risk management, and drug discovery/early development.
  • Proficiency in multiple transaction types (e.g., equity and option deals).
  • Experience leading multidisciplinary teams, developing complex proposals, and influencing decisions.
  • Ability to operate with a high level of independence and guide others.


 

Job Level: Management


Additional Information

The base compensation range for this role is: $192,000.00-$264,000.00


Base salary offered is determined through an analytical approach utilizing a combination of factors including, but not limited to, relevant skills & experience, job location, and internal equity.

Regular employees are eligible to receive both short term and long-term incentives, including cash bonus and equity incentive opportunities, designed to reward recent achievements and recognize your future potential based on individual, business unit and company performance. 

In addition to compensation, Biogen offers a full and highly competitive range of benefits designed to support our employees’ and their families physical, financial, emotional, and social well-being; including, but not limited to:

  • Medical, Dental, Vision, & Life insurances
  • Fitness & Wellness programs including a fitness reimbursement 
  • Short- and Long-Term Disability insurance
  • A minimum of 15 days of paid vacation and an additional end-of-year shutdown time off (Dec 26-Dec 31)
  • Up to 12 company paid holidays + 3 paid days off for Personal Significance 
  • 80 hours of sick time per calendar year
  • Paid Maternity and Parental Leave benefit 
  • 401(k) program participation with company matched contributions
  • Employee stock purchase plan 
  • Tuition reimbursement of up to $10,000 per calendar year 
  • Employee Resource Groups participation

Why Biogen?

We are a global team with a commitment to excellence, and a pioneering spirit. As a mid-sized biotechnology company, we provide the stability and resources of a well-established business while fostering an environment where individual contributions make a significant impact. Our team encompasses some of the most talented and passionate achievers who have unparalleled opportunities for learning, growth, and expanding their skills. Above all, we work together to deliver life-changing medicines, with every role playing a vital part in our mission. Caring Deeply. Achieving Excellence. Changing Lives.

At Biogen, we are committed to building on our culture of inclusion and belonging that reflects the communities where we operate and the patients we serve. We know that diverse backgrounds, cultures, and perspectives make us a stronger and more innovative company, and we are focused on building teams where every employee feels empowered and inspired. Read on to learn more about our DE&I efforts.

All qualified applicants will receive consideration for employment without regard to sex, gender identity or expression, sexual orientation, marital status, race, color, national origin, ancestry, ethnicity, religion, age, veteran status, disability, genetic information or any other basis protected by federal, state or local law. Biogen is an E-Verify Employer in the United States.

Top Skills

Biotechnology
Drug Discovery
Portfolio Risk Management
Venture Capital
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The Company
HQ: Cambridge, MA
9,575 Employees

What We Do

Through cutting-edge science and medicine, Biogen discovers, develops and delivers innovative therapies worldwide for people living with serious neurological and neurodegenerative diseases.

Founded in 1978, Biogen is a pioneer in biotechnology and today the Company has the leading portfolio of medicines to treat multiple sclerosis, has introduced the first and only approved treatment for spinal muscular atrophy, and is at the forefront of neurology research for conditions including Alzheimer’s disease, Parkinson’s disease and amyotrophic lateral sclerosis. Biogen also manufactures and commercializes biosimilars of advanced biologics.

With approximately 7000 people worldwide, we are truly a global organization, headquartered in Cambridge, Massachusetts, which is also home to our research operations. Our international headquarters are based in Zug, Switzerland and we have world-class manufacturing facilities in North Carolina and Denmark. We offer therapies globally through direct affiliate presence in 30 countries and a network of distribution partners in over 50 additional countries.

For more information, please visit www.biogen.com. Follow us on social media – Twitter, LinkedIn, Facebook, YouTube.

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