Director, Business Development

TrialSpark

New York City, NY, US
  • Job Type: Full-Time
  • Function: Business Dev
  • Post Date: 02/24/2021
  • Website: trialspark.com
  • Company Address: , New York, NY

About TrialSpark

TrialSpark is a technology company that helps bring treatments to patients faster.

Job Description

The biggest bottleneck in bringing new treatments to patients is the clinical trial. On average, getting a drug through the trial process takes nearly a decade and frequently costs $1B+. And the problem is only getting worse.

TrialSpark is a new pharmaceutical company that owns the end-to-end drug development process. Our proprietary technology allows us to integrate and improve clinical research for patients, providers, and sponsors, while executing clinical trials faster and cheaper. 

Position Overview

The New Ventures team is responsible for building a new portfolio of biotech startups, by acquiring and in-licensing drug development programs that will be supported by TrialSpark’s clinical research engine. The Director will:

  • thematically identify areas and therapeutic assets for TrialSpark to invest in
  • lead the research and evaluation of those specific investment opportunities
  • manage the structuring and negotiations through deal close 

This position is core to the company’s mission and critically important to the company’s growth.

Responsibilities

Responsibilities include but are not limited to: 

  • Deeply evaluate therapeutic assets, including scientific data and clinical development plans 
  • Build a scientific and business case, including returns analysis, for each potential investment
  • Negotiate financing and IP deal terms, with the support of TrialSpark’s transactions team
  • Lead sourcing, and outreach; network with academics, patient advocacy groups, KOLs, biotechs, and entrepreneurs
  • Research and write theses to identify investments and strategic partnerships to expand TrialSpark’s capabilities

Required education and experience

  • Strong track record in negotiating and closing licensing transactions within the biopharma industry
  • Excellent communication skills, proven ability to work collaboratively internally and externally
  • Entrepreneurial & highly-organized, with a desire to build a transformative company in the life sciences

Preferred education and experience

  • Strong aptitude and genuine interest in science. Advanced technical degree is an advantage. MBA preferred, but not required. 
  • Previous investment experience, preferably in venture capital or public equities, is required. Will also consider experience from biotech equity research, life sciences business development, or top tier consulting firm.

You will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.

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Disclaimer: Local Candidates Only
This company does NOT accept candidates from outside recruiting firms. Agency contacts are not welcome.