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Now Hiring - Director, Business Development Medicinal Sciences in Groton, CT

Director, Business Development Medicinal Sciences in Groton, CT

Pfizer Inc.
Base Salary Yes (amount not posted)
Total Comp: NA
Quick Apply Save
Qualifications Years In Sales
Industry: Pharmaceutical
Benefits: yes
Customer Size: all
Car Allowance: no
Sales Cycle: Short
Travel: none
Years Selling in Industry:
Education:
They Sell Biotech & Pharmaceuticals
To Whom Pharmaceutical & Biotechnology
Location: Groton, CT
4.1
ROLE SUMMARY
Pfizer Worldwide Business Development is seeking a Director, Medicinal Sciences R&D Business Development (BD) Lead to join a dynamic and purpose-driven team. The scope of the role will mainly support the Medicinal Sciences and Partner Lines and provide transaction support for asset and platform partnering activities. Occasionally, subject to workload sharing, the role will also support transactions outside of Medicinal Sciences.
The Director role is a high-profile position within the organization, and the ideal candidate will bring a strong background participating and leading certain aspects of biopharmaceutical business development deal-making.
At Pfizer, we apply science and our global resources to bring therapies to people that extend and significantly improve their lives. We strive to set the standard for quality, safety, and value in the discovery, development, and manufacture of health care products. Every day, Pfizer colleagues work across developed and emerging markets to advance wellness, prevention, treatments, and cures that challenge the most feared diseases of our time. Consistent with our responsibility as one of the world's premier innovative biopharmaceutical companies, we collaborate with health care providers, governments, and local communities to support and expand access to reliable, affordable health care around the world. For more than 150 years, Pfizer has worked to make a difference for all who rely on us.
Business Development
Pfizer’s mission is developing breakthrough medicines and bringing them to patients. Our strategy to execute on this mission depends on gathering the best ideas and using the sharpest science that the broader healthcare ecosystem can generate. Our past success has regularly been in partnership with others, and Pfizer is continuing to prioritize business development as a core enabler of our strategy.
There is vast science happening beyond our walls, and collaboration is a key driver of innovation at Pfizer. We collaborate to accelerate the pace at which good scientific ideas can become promising therapies, building on or complementing our own in-house knowledge. There is a rich and highly networked health ecosystem where multiple organizations are focused on one goal: discover new therapies for patients, as fast as we can.
In Worldwide Research, Development and Medical (WRDM), we apply a broad portfolio of platform technologies, modalities, and capabilities to the discovery, research, and early development of potential new therapeutics in areas of unmet medical need. Partnerships are critical to innovation within the biopharmaceutical industry, and enable us to work together to advance promising science and bring it closer to patients. As we work on some of the most serious and complex medical challenges, we collaborate closely and creatively with our partners to accelerate and deliver innovation.
ROLE RESPONSIBILITIES
The Director, Medicinal Sciences Business Development will be responsible for building external relationships with potential partners and executing preclinical transactions for Pfizer. Transactional responsibilities include drafting and negotiating a high volume of research and collaboration agreements with academic partners, and leading and supporting transactions with biotech partners.
The individual in this role will understand the Medicinal Sciences and other Partner Line's priorities, aligning with category strategy and WRDM leadership, and s/he will partner closely with Pfizer colleagues responsible for deal sourcing activities and for later stage transactions in these areas. When pre-clinical transaction opportunities are identified, the ideal individual will be able to independently draft, negotiate and execute academic research, collaboration, and licensing agreements, partnering closely with legal and Research Unit colleagues. On more complex transactions, the individual will have the opportunity to lead or will partner closely with more experienced colleagues on the WRD BD team.
The ideal candidate has direct experience participating in, leading and executing pre-clinical or early-stage business development transactions. He or she will bring experience not only leading negotiations, but also building relationships with current and potential partners, pressure testing the business case for deals, driving to consensus on go/no-go decisions, bringing deal teams together and aligning them on a common goal, making appropriate risk/benefit trade-offs, and executing from first partner interaction to deal closing and beyond.
The incumbent will focus on preclinical asset, platform, drug discovery, and academic opportunities in Medicinal Sciences and, as needed, in other therapeutic areas, and will play a central role in strategic discussions on deal prioritization. In this complex role, the right individual will be agile and comfortable working in a matrixed environment and capable to manage multiple demands and needs of competing business challenges.
The ideal candidate for the Director, Medicinal Sciences Business Development will:
  • Draft, negotiate lead, and support the execution of preclinical BD transactions
  • Partner with the relevant Chief Scientific Officers and Partner Line leaders to understand the research unit strategies and priorities; ensure communication with and feedback from category leaders; provide input from the external landscape, and establish clear goals and priorities for preclinical BD opportunities
  • Manage and streamline deal governance process and ensure compliance with corporate procedure; establish process and timelines to manage execution of transactions in a timely manner
  • Partner closely with Emerging Science & Innovation colleagues to oversee cross-functional due diligence teams, monitor external opportunities that are aligned with business priorities, and ensure new data is reviewed as it becomes available
  • Knowledgeably represent Pfizer in discussions with current and potential partners or other external audiences
  • Build and manage collaborative relationships across the Pfizer organization and create internal alignment
BASIC QUALIFICATIONS
  • The ideal candidate will have an advanced Medical or Scientific Degree (MD or PhD) in a scientific discipline, legal degree (JD) and/or business degree (MBA). A bachelor’s degree required, with a preference for a bachelor’s in biology, chemistry, or a related discipline.
  • Eight or more years of relevant experience in the diagnostic, biotech or pharmaceutical industry, including experience leading or supporting collaboration, licensing, partnership, M&A, or other relevant transactions
  • Demonstrated success working closely with, advising, and presenting to senior leaders on business development and/or strategy
  • Innovative, independent, clear, and a critical thinker; highly resourceful; creative problem solving skills
  • Strong relationship building skills and negotiation capabilities; agile, with the ability to persuade/influence and effectively gain agreement/consensus
  • Excellent verbal and written communication skills
PREFERRED QUALIFICATIONS
  • Ability to manage multiple agreement negotiations concurrently
  • A strong track record of presenting the business and scientific case of biopharma deal opportunities to cross-functional leaders
  • Demonstrated sound business judgment and financial/business acumen to ensure that the thinking and recommendations are in the best interests of the enterprise
  • Ability to develop strong interpersonal relationships with and persuade/influence key leaders and potential partners
  • A strong presence and interpersonal skills to operate/interact effectively with key Executive-level audiences when needed
  • Demonstrated ability to deliver quality results within tight time constraints


Candidate demonstrates a breadth of diverse leadership experiences and capabilities including: the ability to influence and collaborate with peers, develop and coach others, oversee and guide the work of other colleagues to achieve meaningful outcomes and create business impact.
NON-STANDARD WORK SCHEDULE, TRAVEL OR ENVIRONMENT REQUIREMENTS
Some travel may be required

Last Date to Apply for Job: February 17th, 2023
Eligible for Employee Referral Bonus: YES
#LI-PFE

Relocation assistance may be available based on business needs and/or eligibility.

Pfizer requires all U.S. new hires to be fully vaccinated for COVID-19 prior to the first date of employment. As required by applicable law, Pfizer will consider requests for Reasonable Accommodations.
Sunshine Act
Pfizer reports payments and other transfers of value to health care providers as required by federal and state transparency laws and implementing regulations. These laws and regulations require Pfizer to provide government agencies with information such as a health care provider’s name, address and the type of payments or other value received, generally for public disclosure. Subject to further legal review and statutory or regulatory clarification, which Pfizer intends to pursue, reimbursement of recruiting expenses for licensed physicians may constitute a reportable transfer of value under the federal transparency law commonly known as the Sunshine Act. Therefore, if you are a licensed physician who incurs recruiting expenses as a result of interviewing with Pfizer that we pay or reimburse, your name, address and the amount of payments made currently will be reported to the government. If you have questions regarding this matter, please do not hesitate to contact your Talent Acquisition representative.
EEO & Employment Eligibility
Pfizer is committed to equal opportunity in the terms and conditions of employment for all employees and job applicants without regard to race, color, religion, sex, sexual orientation, age, gender identity or gender expression, national origin, disability or veteran status. Pfizer also complies with all applicable national, state and local laws governing nondiscrimination in employment as well as work authorization and employment eligibility verification requirements of the Immigration and Nationality Act and IRCA. Pfizer is an E-Verify employer.
Bus Dev & Strategic Planning
#LI-PFE
Pfizer Inc.
Company Size
10000+ Employees
Founded
1849
They Sell
Biotech & Pharmaceuticals
To Whom
Pharmaceutical & Biotechnology
Website
www.pfizer.com
Revenue
$10+ billion (USD)

Pfizer Inc. is currently hiring for 3 sales positions
Pfizer Inc. has openings in: CT, NY, & FL
The average salary at Pfizer Inc. is:

3 Yes (amount not posted)

Pfizer Inc.
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Pfizer Inc.

Pfizer Inc. is currently hiring for 3 sales positions
Pfizer Inc. has openings in: CT, NY, & FL
The average salary at Pfizer Inc. is:

3 Yes (amount not posted)