Senior Business Development Search & Evaluation Director
Alameda, CA (On-site)
Posted 4 weeks ago
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Job Description
SUMMARY/JOB PURPOSE (Basic purpose of the job):
The Senior Business Development Search & Evaluation Director is responsible for sourcing, evaluating and securing access to external assets and technologies for acquisition or partnership. This role involves building and expanding relationships within the biopharma industry, investment community, and academia to position Exelixis as a preferred partner for research, development, and commercialization. The Senior Director will continuously monitor the oncology landscape for emerging therapeutic targets, clinical trial updates and market trends to identify opportunities closely aligned with Exelixis' scientific, clinical, commercial, and strategic priorities. The Senior Director will collaborate cross-functionally to lead due diligence, build a business case, obtain alignment with senior leadership and assist in transaction negotiations. Additional responsibilities include scaling regional capabilities and mentoring junior team members.
ESSENTIAL DUTIES/RESPONSIBILITIES:
Scientific and Market Intelligence: Deep knowledge of Oncology related to current and emerging target landscapes, clinical trial readouts, evolving standards of care, transaction trends, and global market conditions (with a focus on Asia)
Relationship Management: Build and maintain strong external relationships within the biotech/pharmaceutical ecosystem, academic institutions, and investors. Represent Exelixis at scientific and partnering conferences to facilitate the flow of inbound opportunities
Strategy and Planning: Work closely with R&D and commercial leadership to develop and execute Exelixis’ business development strategy
Opportunity Sourcing: Proactively identify and assess external opportunities (assets, platforms, technologies) in Oncology, ensuring alignment with Exelixis’ strategic and scientific priorities
Due Diligence: Lead deep scientific, clinical, and commercial diligence, integrating input from cross-functional experts in R&D, Commercial, and Legal
Presentation & Communication: Synthesize complex scientific information and provide summaries and recommendations for effective decision making. Ensure prompt and clear communication with internal and external stakeholders
Negotiation Support: Work closely with transaction leads and legal teams to develop deal structures and risk mitigation strategies. Support negotiations for licensing, acquisition, and collaboration agreements and ensure timely agreement execution
Working in teams: Maintaining a constructive attitude with internal colleagues and external contacts, while ensuring a focus on teamwork will be key to success
SUPERVISORY RESPONSIBILITIES:
No supervisory responsibilities.
EDUCATION/EXPERIENCE/KNOWLEDGE & SKILLS:
Education:
BA/BS degree in life sciences, biology, biochemistry, pharmacology, oncology or related discipline with15 years of relevant experience; or
MA/MS degree in life sciences, biology, biochemistry, pharmacology, oncology or related discipline with 13 years of relevant experience; or
Ph.D. in life sciences, biology, biochemistry, pharmacology, oncology or related discipline with 12 years of relevant experience; or
MD in life sciences, biology, biochemistry, pharmacology, oncology or related discipline with 8 years of relevant experience; or
Equivalent combination of education and years of experience.
Experience:
Minimum of 12 years combined experience in oncology (or related science) and in the biotechnology / pharmaceutical industry
Postdoctoral experience a plus, but not required
MBA degree is a plus, but not required
Minimum of 5 years in business development (deal sourcing, scientific assessment, co-leading term sheet and contract negotiations) or related field (e.g. commercial analysis) in a pharmaceutical or biotechnology company or investment bank, venture capital or private equity setting
Established experience in identifying and evaluating partnering opportunities for transactions that have successfully closed
Knowledge, Skills and Abilities:
Deep understanding of all aspects of oncology drug development related to discovery, clinical development, regulatory process, IP, CMC, and commercialization
Ability to analyze and synthesize complex scientific, clinical and commercial information to identify key strengths/weaknesses, portfolio fit, risk mitigation strategies and go/no go criteria
Skilled in crafting and presenting summaries with recommendations to ensure effective decision-making
Experience with co-leading term sheet negotiation/contracts for discovery or clinical-stage opportunities
Exceptional oral and written communication, organization, and project management skills
Ability to thrive in a fast-paced, matrix environment
Excellent analytical, critical-thinking, and problem-solving abilities
Strong interpersonal skills to build mutual trust and foster strong relationships internally and externally
Ability to influence without authority and lead effectively
Self-motivated, requiring minimal supervision
Requires an ability to concurrently manage multiple complex projects with tight timelines, while maintaining continuous alignment with multiple stakeholders at different levels, across the organization
Work Environment/Physical Demands:
Our office is a modern, open-plan space that foster collaborations and creativity. Teams work closely together, sharing ideas and solutions in a supportive atmosphere. We provide all necessary equipment, including dual monitors and ergonomic chairs, to ensure a comfortable workspace.
This position requires 30% of travel time.
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If you have a disability and need an accommodation in relation to the application and/or recruitment process, please email us at: recruiting@exelixis.com.
WORKING CONDITIONS:
Our office is a modern space that fosters collaboration and creativity. Teams work closely together, sharing ideas and solutions in a supportive atmosphere. We provide all necessary equipment, including dual monitors and ergonomic chairs, to ensure a comfortable workspace.
DISCLAIMER:
The preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to the job.
We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, and basis of disability or any other federal, state or local protected class.
Exelixis
Every Exelixis employee is united in an ambitious cause: to transform science into new treatments that give cancer patients and their families hope for the future. In this pursuit, we know our employees are our most valuable asset. As a diverse, growing team, everyone at Exelixis plays a role in advancing our mission through our innovative drug discovery, development and commercialization efforts. We take pride in our shared purpose, knowing the magnitude of our impact expands with every medicine we create and every form of cancer tumor type we treat.After operating in the challenging biotech sector for nearly three decades, we've evolved into a multi-platform cancer company with a proven track record of resiliency in the face of adversity. The success of our flagship commercial product set us up on our journey to discover and develop next-generation cancer treatments, driven by our relentless pursuit of results for the patients we serve. Cancer is our cause. Make it yours, too. Please see our Community Guidelines: bit.ly/4iBzJU0For more information about Exelixis, please visit www.exelixis.com, follow @ExelixisInc on Twitter or like Exelixis, Inc. on Facebook.
