Senior Director / VP, Business Development
Absci is the drug and target discovery company harnessing deep learning and synthetic biology to expand the therapeutic potential of proteins. We built our Integrated Drug Creation™ Platform to identify novel drug targets, discover optimal biotherapeutic candidates, and generate the cell lines to manufacture them in a single efficient process. Our goal is to enable the development of better medicines. We Translate Ideas into Drugs™. Based in Vancouver, Washington, ten minutes from Portland, Oregon, we’re located within an hour of world class alpine terrain and rugged Pacific coastlines. Check out this short video to learn more and see how our #Unlimiters are changing the world one protein at a time: absci.com/joinus
Job Description
We’re seeking a Business Development executive in biotech to play a leadership role in developing and expanding our growth and value creation opportunities including partnerships, alliances, out-licensing deals and other collaborations. This role will report to the Chief Business Officer and work in close partnership with the CEO and other Executives at Absci. The candidate will play a key role in lead generation, prospecting, sourcing, evaluating, structuring and negotiating deals in line with the company’s business development objectives. This individual will exhibit excellent team leadership, running negotiation and contracting of external partnering opportunities.
Responsibilities:
- Identify and build a robust business pipeline of target companies producing next-generation biologics with potential to benefit from our foundational technologies, accelerate customer adoption of Absci’s end-to-end Integrated Drug Creation™ platform.
- Lead business development efforts with strong focus on execution, identification, diligence, evaluation and development of partnerships, and IP licensing opportunities.
- Sourcing and closing Technology Development and Licensing Agreements (TDLA) for joint development and licensing partnerships. Develop partner term sheets and drive contract negotiation.
- Evaluate risks in potential transactions with an understanding of valuation and deal structuring.
- Articulate and communicate Absci’s business and technical vision to potential biotech clients and partners.
- Work collaboratively to lead discussions and align internal and external stakeholders.
Qualifications:
- Experience working with CxO level executives to influence partnering decisions
- 6+ years of relevant biotech/pharma industry experience in a corporate strategy or business development role and with a strong background in science.
- Knowledge of next-generation biologics discovery, development and licensing processes. .
- Demonstrated track records of extensive network of relevant industry contacts.
- Demonstrated track record of negotiating and closing a wide range of business agreements including partnerships, joint ventures, licensing agreements, co-promotions, strategic alliances and other types of corporate ventures.
- Ability to prioritize multiple stakeholders and projects
- Experience working across different R&D and delivery functions within an organization to meet customer demands.
- Entrepreneurial mentality that is hands-on, results oriented, and resourceful.
- Excellent presentation, communication and interpersonal skills.
Nice to have (but not required):
- PhD or Masters Degree in a science-related field or MBA
- Business development experience working in big pharma, biopharma or biotech environments
This position is flexible to be permanently remote.
We seek candidates who will dive into our creative company culture that’s collaborative, multidisciplinary, and committed to a big vision for positive impact. We are defying conventions and innovating without boundaries. We are disrupting an industry with bold ideas and passionate pursuit of new possibilities. We are looking for original thinkers, creative scientists, and data-devoted gurus. Successful candidates will be excited to work in a dynamic environment and contribute as a key member of a project team. If this sounds good to you, we invite you to join us in our quest to redefine possible.
Absci offers highly competitive salaries and benefits, including medical and dental insurance, paid time off, breakfast and lunch, and 401(k) with a generous company match. Legal authorization to work in the U.S. is required. Absci is committed to equal employment opportunity and non-discrimination for all employees and qualified applicants without regard to a person's race, color, gender, age, religion, national origin, ancestry, disability, veteran status, genetic information, sexual orientation or any characteristic protected under applicable law. Absci will make reasonable accommodations for qualified individuals with known disabilities, in accordance with applicable law. Absci offers a dog-friendly work environment - bring your pup along for the ride.