Director of Business Development

Location
Cambridge, MA, US
Posted
Aug 26, 2020
Ref
1044
Hotbed
Genetown
Required Education
Doctorate/PHD/MD
Position Type
Full time
Overview

Black Diamond Therapeutics is a precision oncology medicine company pioneering the discovery and development of small molecule, tumor-agnostic therapies. Black Diamond targets undrugged mutations in patients with genetically defined cancers for whom limited treatment options currently exist. Black Diamond is built upon a deep understanding of cancer genetics, protein structure and function, and medicinal chemistry. The Company's proprietary technology platform, Mutation-Allostery-Pharmacology, or MAP, platform, is designed to allow Black Diamond to analyze population-level genetic sequencing data to identify oncogenic mutations that promote cancer across tumor types, group these mutations into families and develop a single small molecule therapy in a tumor-agnostic manner that targets a specific family of mutations.

The Director of Business Development will identify, evaluate and negotiate agreements regarding external therapeutic product and drug discovery capabilities to augment Black Diamond's internal product pipeline and MAP Discovery Platform. In addition, this person will work closely with the business and research teams to position the company's internal products to guide strategy and evaluate potential partnership transactions. This position will report to the Chief Business Officer.

Responsibilities
  • Closely collaborate with R&D and finance leadership to conduct scientific, commercial and market assessments for pipeline products and BD opportunities
  • Identifying and prioritizing external opportunities that support Black Diamond's R&D strategy and nurture scientific and business relationships
  • Developing and maintaining competitive landscape to guide strategy and prioritize actionable business development opportunities through a strong understanding of disease biology, treatment paradigms, and emerging therapies in targeted oncology therapy
  • Triaging most compelling opportunities for further internal review based on quality of the science, commercial opportunity and the fit with strategy.
  • Leading due diligence teams to evaluate external therapeutic programs, including risks associated with clinical and regulatory pathways, manufacturing, and commercialization of the product opportunities
  • Developing and recommending proposed deal structures and financial terms, and leading negotiations of term sheets and contracts with potential partners in collaboration with Legal and Finance
  • Managing on-going partnership and alliance activities, including the tracking, documentation and status reporting of all collaborations along the business development pipeline.
  • Representing Black Diamond at some scientific conferences and key partnering events

Qualifications
  • Advanced science degree required (e.g. PhD, MD, PharmD, MS); degree in business or legal (e.g. MBA, JD) is helpful but not required
  • 4 or more years of experience supporting business development, licensing, mergers & acquisition in innovative life science companies (Pharma and/or Biotech).
  • Prior consulting/investment banking experience as well as R&D or project management roles within Biotech/Pharma is highly valued
  • Advanced understanding of scientific and clinical data and a passion for staying abreast of the latest advancements in targeted oncology therapies
  • Energetic, team oriented, self-motivating individual with strong analytical and solid understanding of business strategy
  • Superb verbal and written communication skills, with an ability to influence decision making and manage stakeholders
  • Proven ability to effectively work with project teams in a matrix environment
  • Highly organized with excellent follow-up abilities and able to manage multiple projects and priorities


Work Environment:

This job operates in a professional office environment with travel activities of approximately 20-30% of the time.

Physical Demands:

The physical demands described here are representative of those that must be met by an employee to successfully perform he essential functions of this job.

While performing the duties of this job, the employee is occasionally required to stand; walk; sit; used hands to fingers, handle, or feel objects, tools, or controls; reach with hands and arms; climb be stairs; talk or hear. The employee must occasionally lift or move office products and supplies, up to 20 lbs.

Black Diamond Therapeutics is an equal opportunity employer and welcomes and encourages all applications. Diversity and inclusion are important core values and will encourage our creativity and growth as a company. Accommodations are available on request for candidates taking part in all aspects of the selection process. We thank all applicants for their interest, however, only those selected will be invited for an interview.