VP – Search and Evaluation
| Company | Formation Bio |
|---|---|
| Location | Boston, MA, USA, New York, NY, USA |
| Salary | $366000 – $456000 |
| Type | Full-Time |
| Degrees | PhD |
| Experience Level | Senior, Expert or higher |
Requirements
- PhD preferred (in a relevant field such as biology, chemistry, pharmacology, etc.)
- Senior industry leader with 10+ years of experience in drug acquisition and deal-making
- A proven track record of identifying and successfully in-licensing assets that have progressed to clinical development or approval
- Extensive exposure to the drug development process from discovery through to clinical development, including knowledge of regulatory, scientific, and commercial aspects of drug development
- Deep relationships across the pharmaceutical and biotech industries, with a strong network to identify innovative partnership opportunities
- Leadership experience in a biotech or smaller company, with a deep understanding of the unique challenges and opportunities in these environments
- Strategic mindset with the ability to think long-term and align in-licensing activities with the company’s overall business goals
Responsibilities
- Overseeing the search and evaluation process to identify potential deals for in-licensing, including scouting and assessing external innovation
- Guiding in-licensing strategy, including therapeutic area focus, modality, and stage of drug development to align with Formation Bio’s goals
- Building and maintaining relationships with academic institutions, biotech, and large pharma partners to identify and advance potential opportunities
- Leading and setting the diligence process, including defining scope, parameters, and evaluation criteria
- Collaborating closely with internal stakeholders (scientific, commercial, legal, etc.) to ensure cross-functional input during diligence and decision-making
- Delivering fully vetted, high-potential deals to the transactions team for negotiation and execution
- Representing Formation Bio externally at conferences, industry events, and in key partner discussions to strengthen the company’s visibility and deal-making network
- Staying ahead of emerging trends in drug development, scientific breakthroughs, and partnership models to position Formation Bio as a leader in deal execution and innovation
- Leading, mentoring, and managing the Search and Evaluation team
- Fostering a high-performance culture, ensuring alignment with organizational goals, and providing strategic guidance to team members in scouting, evaluating, and advancing potential opportunities
Preferred Qualifications
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No preferred qualifications provided.