Verily

Business Development Lead, Life Science/Medtech

Verily$179K — $263K *
Pharmaceuticals & Biotech
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • MBA and/or advanced degree with 10+ years in business development or strategic partnerships in healthcare technology
  • Proven track record of managing and closing strategic partnerships with a strong deal sheet
  • Ability to lead multiple complex deals from inception to execution with strategic analytical skills
  • Deep relationships with key decision-makers in Life Sciences/Medtech
  • Experience collaborating effectively across teams to achieve company objectives

Responsibilities

  • Identify, negotiate, and close strategic collaborations to drive growth across Verily's business lines
  • Develop in-depth knowledge of Verily's product lines to inform future investment opportunities
  • Manage a robust prospect pipeline and communicate with stakeholders on progress and challenges
  • Collaborate with finance, legal, product, and other teams on diverse transaction types
  • Define strategic requirements for opportunities and manage a pipeline of major deals

Benefits

  • Comprehensive benefits package including health and wellness plans
  • Flexible work environment with a focus on work-life balance
  • Opportunities for professional growth and development
  • Collaborative culture that fosters innovation and team success
Full Job Description
Description

Verily exists to bring the promise of precision health to everyone everyday, and our breadth of solutions of care, research, health financing, and population health monitoring serve customers across various market segments.

Verily is seeking a Business Development Lead to enable and accelerate Verily's next phase of commercial growth, with a focus on the Life Science/Medtech segment. Reporting to the VP, Business Development & Strategic Partnerships, you will join the team responsible for sourcing and interacting directly with prospective strategic customers, helping them collaborate on a massive scale with Verily on innovative healthcare technologies. You will work cross functionally across each Verily commercial function and with various teams and colleagues across Verily. This role will require you to be flexible and nimble and aggressively grow the Life Science/Medtech business to help establish Verily as the premier solution.

Responsibilities
  • Join a team of Business Development Leads charged with identifying, architecting, negotiating, and closing critical and complex strategic collaborations, working across Verily's lines of business and consistent with the business development strategy and objectives; gain key internal stakeholder and senior leadership support; and collaborate with Verily's cross-functional teams to drive growth.
  • Develop a deep understanding of the different lines of business, particularly our Pre (Workbench, Refinery, Exchange), Verily Me, Lifelong, Sightline, and Viewpoint products and capabilities across Verily. Use key learnings to help inform areas for future investment. Manage how the market perceives the company and how new partners/collaborators are perceived within Verily.
  • Develop, manage and own a robust prospect pipeline, KPIs and outcomes. Communicate well and partner effectively with colleagues within the Business Development & Strategic Partnerships function and the broader Commercial team on opportunities and obstacles.
  • Work closely with finance, legal, product, engineering, marketing, and science teams across a range of transaction types, including long-term collaborations, first-of-kind transactions, and multi-party agreements. Evaluate opportunities, conduct due diligence, negotiate agreement terms and present recommendations to senior leadership.
  • Work with Commercial leadership to define strategic requirements for strategic opportunities, determine appropriateness and operational fit with existing strategy; develop, nurture and manage a pipeline of major deals.


Qualifications

Minimum qualifications
  • MBA and/or other advanced degree and 10+ years of experience working in a business development or strategic partnerships role with specific experience selling innovative healthcare technology solutions.
  • Deal sheet with a proven record of strategic and revenue generating partnerships and collaborations, demonstrating a track record of managing and closing transactions.
  • Demonstrated ability to simultaneously lead multiple deals and complex deal structures from deal inception to successful execution with strong strategic and analytical skill and ability to drive exploration into new and emerging areas using creative problem solving skills and executive-level engagement.
  • Numerous pre-existing and deep relationships across key decision-makers within the Life Sciences/Medtech space and adjacent market segments.
  • Comfort with ambiguity, with a desire to help cross-functional teams achieve clarity and alignment, and a proven track record of working with cross-functional teams to achieve company objectives.


Preferred Qualifications
  • Experience in regulated environments and in managing and structuring partnerships and long-term collaborations in Life Sciences/Medtech and related verticals.
  • Familiarity working in a fast-paced, rapidly changing, startup-like environment.
  • Experience presenting and delivering succinct messages to external audiences.


Qualified applicants must not require employer sponsored work authorization now or in the future for employment in the United States.

The US base salary range for this full-time position is $179,500 - $263,000

+ bonus + equity + benefits. Our salary ranges are determined by role, level, and location. The range displayed on each job posting reflects the minimum and maximum target for new hire salaries for the position across all US locations. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training. Your recruiter can share more about the specific salary range for your preferred location during the hiring process.

Please note that the compensation details listed in US role postings reflect the base salary only, and do not include bonus, equity, or benefits.

About Verily

Verily is a healthcare company that specializes in developing technology solutions for medical research and patient care. The company was founded in 2015 as a subsidiary of Alphabet Inc., the parent company of Google. Verily's products include wearable devices, software applications, and data analytics tools that help healthcare professionals to monitor and treat patients more effectively. The company is known for its innovative approach to healthcare, which combines cutting-edge technology with scientific research and clinical expertise. Verily is headquartered in South San Francisco, California, and has offices in several other locations around the world.
Learn more about Verily
Size
1,000 employees
Industry
Founded
2015

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