Closing Date: 27/05/2023

bit.bio is an award-winning spinout from the University of Cambridge. Our breakthrough technology combines synthetic and stem cell biology for the precise, efficient and consistent reprogramming of human cells used in research, drug discovery, and cell therapy. At bit.bio, we are passionate about engineering human cells that will enable the medicine of the future. To do this we need talented and curious people who want to make an impact on the future of science and therapeutics.

As a team of individuals, we value science, collaboration, openness, curiosity and creativity. We are united by trust and respect for each other.

Location: Boston, USA

Type: Full time, permanent

Start: Immediate

Salary: Competitive / Hours: 40 p/w

Remote position with international travel

Your role in our team:

We are looking to appoint a VP/SVP, Pharma BD & Cell Therapy Partnerships to our BD Licensing & Alliance Management team. He/she should have a strong scientific and licensing/deal background to be able to support our efforts in cell therapy and regenerative medicine. The VP/SVP, Pharma BD & Cell Therapy Partnerships will play an integral role in a business-critical function that directly impacts bit.bio’s mission of delivering a new generation of transformative medicines for patients.

You will join an established and expanding commercial operations team, will report directly to the CBO and liaise directly with external partners and the internal scientific function. The role will also involve close collaboration with our scientific teams, as well as internal and external legal and Intellectual Property (IP) counsels. The VP/SVP Pharma BD and Cell Therapy Partnerships will work closely with the senior leadership team of bit.bio to define and execute on the company’s strategic priorities for the next 5-10 years and will partner across the organisation on critical initiatives in support of bit.bio’s corporate strategy.

Given the high visibility to Executive Leadership, this role presents excellent career advancement opportunities

Your key responsibilities will include:

Support the development of bit.bio’s partnering and acquisition strategy, and work closely with other team members to deliver on a broad BD agenda

Lead concurrently several projects and effectively partner with other functions (e.g R&D, commercial, manufacturing, finance and portfolio strategy) on developing each business case

Lead a cross-functional team to identify areas of growth and potential collaboration opportunities

Develop business cases for various partnering/investment opportunities, including deal-specific financial analysis (accounting for strategic, financial, legal and tax implications)

Run the full lifecycle of a transaction:

- Develop - and execute on - an outreach strategy to prospective partners

- Manage a cross-functional team throughout deal cycle

- Coordinate detailed diligence processes

- Lead structuring, negotiation and execution

- Work closely with legal counsel on drafting and negotiation of term sheets and agreements

- Deliver compelling, audience-specific scientific and business presentations

Establish highly effective relationships with internal stakeholders and senior management

Represent bit.bio externally, including at partnering and industry conferences, promote bit.bio as a partner of choice and develop collaborative relationships across the industry

Additional responsibilities will include:

Contribute to and provide leadership on the strategy and execution of the business development roadmap for the emerging field of cell therapy, and prioritisation of activities

Provide outstanding transaction skills through the entire deal making process to secure and implement attractive deals

Drive and contribute to high profile cross-functional teams including R&D, Finance Legal to ensure that key risks and opportunities are identified, captured, and presented in an unbiased way to senior management for decision making

Provide oversight to Alliance and Project Management teams ensuring excellent relationship management and agenda setting with external strategic partnerships

Identify areas of innovation and growth opportunities aligned with overall corporate strategy

Leverage and continuously strengthen broad academic, venture and industry networks to secure the identification of the most attractive partnering opportunities

Proactively monitor the external business environment and maintain a knowledge base of licensing transactions and other company activities.

Lead with authenticity and a sense of urgency that inspires the cross-functional team to communicate openly and thrive together.

You…

Have a strong scientific background (MSc or equivalent experience) and significant experience of business development and alliances management within the biotech/pharma industry, to include knowledge of/expertise with advanced modalities (cell and gene therapy); business development experience includes deal sheets, including research collaborations with pharma companies

Are a proven leader with the ability to rapidly establish credibility, trust, and respect across the organisation to operate as a true strategic thought partner across the business

Lead by example when working in a matrix environment to enable and inspire commercially-driven outcomes

Are a strong communicator and influencer, able to effectively articulate scientific, commercial and financial concepts, especially when presenting to C-level, investors or Boards

Excel in negotiation and conflict resolution with specific emphasis on deal making

Have strong networking capability, able to build and maintain a strong corporate profile for bit.bio

Have the ability to develop, contribute to, communicate and act on a strategic vision and plan; have strong judgment, problem-solving, conflict resolution and decision-making skills; have strong interpersonal, communication and presentation skills

With essential experience in…

Candidates should have formal experience in the deal execution process, in particular the search and evaluation process.

Proven ability to source, structure, negotiate and close different types of partnerships from discovery stage assets through commercialization stage

A strong scientific and licensing/deal background to be able to support our efforts in cell therapy and regenerative medicine

Ability to combine an understanding of science and technologies with business considerations and commercial and financial models

Proven aptitude for working with term sheets and contracts to drive successful commercial outcomes

Ability to deliver results when working in transverse, cross-‐functional, cross-cultural teams with matrix reporting relationships is required

Ability to effectively communicate with internal and external senior executives is required

Ability to influence peers and seniors to make difficult choices and trade-offs is required

Experience in representing company/institution at partnering and technical conferences

Candidates should possess a strong domestic and international external network in relevant fields, via Pharma, biotechs, academics and VCs

…and possibly…

Advanced degree (PhD) preferred; MBA or equivalent qualification is preferred

Preference for sell-side business development experience to large pharma organisations

For more information and to apply, please follow the link below:

https://boards.eu.greenhouse.io/bitbio/jobs/4154210101