Director, Search and Evaluation Cardiometabolic & Endocrinology (Seaport MA)

Merck Group$167K — $251K *
Pharmaceuticals & Biotech
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • PhD in pharmaceutical science or equivalent qualification with strong R&D experience.
  • 5+ years in the pharmaceutical industry with 2+ years in Business Development & Licensing (BD&L) or External Innovation (EI).
  • In-depth knowledge of the pharmaceutical drug discovery and development process.
  • Proven experience in leading cross-functional teams for developing search scopes and strategies.
  • Exceptional presentation skills tailored for senior management decision-making.

Responsibilities

  • Drive access to key innovations from global biotech/biopharma for Cardiometabolic, Fertility & Endocrinology.
  • Lead Initial Assessments for Due Diligence efforts and present high-quality documentation to the Investment Board.
  • Collaborate with internal stakeholders to define partnering strategies for CM + F&E areas.
  • Proactively search and evaluate potential partners and external opportunities.
  • Maintain a database of search activities and prioritize opportunities in alignment with business goals.
  • Engage and filter potential partners through thorough benchmarking and feedback mechanisms.
  • Build a robust external network within the biotech/pharma landscape and represent the company effectively.

Benefits

  • Health insurance
  • Paid time off (PTO)
  • Retirement contributions
  • Other perquisites
Full Job Description
Your Role: Drive access to key external innovations from biotech/biopharma companies globally for Cardiometabolic, Fertility & Endocrinology (CM +F&E), enabling critical advancement of the company pipeline; search and evaluate external opportunities and lead scientific and technical assessment process for potential partners, acquisitions, or licensing deals; • Take full responsibility for Initial Assessments (IAs) as the initial step in a Due Diligence process with key functional experts and present high quality decision making documents to the Investment Board (IB) and lead respective multi-functional teams • Partner with internal stakeholders to identify search priorities and support defining the CM + F&E partnering strategy • Develop and keep overview of External Innovation landscape within investment priorities in alignment with the CM+F&E Therapeutic Areas; • Drive proactive search to identify assets of interest and potential partners and guide partner selection • Select and prioritize opportunities for further evaluation in close collaboration with Business Development counterparts • Maintain overview of search and evaluation activities in CM+F&E and maintain a longlist of potential opportunities • Oversee and guide filtering of potential opportunities (e.g., unsolicited, VC portfolios, conferences); execute CDA and provide aligned feedback to stakeholders • Benchmarking of potential partners based on aligned criteria to elucidate differentiation • Build and maintain external network (e.g., biotech/pharma/VC) and represent/position us externally towards potential partners • Collaborate with BD colleagues for partnering discussions to assess viability / feasibility of partnership. • Consult on assessment of risks and mitigations and ensure seamless transition of IA projects to DD Lead • Drive identification of big rocks and consolidation of IB decision-making document to make a go/no-go decision • Provide decision making documentation to IB and DRB level senior management to proceed into Due Diligence activities to assess Big Rocks or full data packages of external opportunities Strategic Impact Generating strategic value by identifying high value opportunities to develop and expand our innovative pipeline of opportunities in CM+F&E as key strategic therapeutic areas Scope of People Responsibility: • Develop and mentor talents (e.g. GoGlobal Trainees and Short-Term Assignees) • Lead multi-functional assessment teams to generate IAs, DD scopes Who You Are Minimum Qualifications: • University degree ( PhD) in pharmaceutical science or an equivalent qualification with high expertise, strong network, and substantial R&D experience in respective investment priority field Preferred Qualifications: • 5+ years experience with 2+ years in BD&L / EI • Thorough understanding of the pharmaceutical drug discovery/development process • Scientific profile with substantial R&D experience • Strong leadership acumen to lead cross functional teams to develop search scopes, External Innovation strategy and IAs • Strong presentation skills enabling senior management decision making Location: Seaport MA Pay Range for this position: $167,400 - $251,000 The offer range represents the anticipated low and high end of the base pay compensation for this position. The actual compensation offered will be determined by factors such as location, level of experience, education, skills, and other job-related factors. Position may be eligible for sales or performance-based bonuses. Benefits offered by the Company include health insurance, paid time off (PTO), retirement contributions, and other perquisites. For more information click here.

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