Licensing and Business Development Director (Remote)

Merck Group • $167K — $251K *
US-AnywhereRemote in Burlington, MA
Pharmaceuticals & Biotech
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Ph.D. in Biology or Chemistry with 10+ years in corporate development and strategic partnerships.
  • Demonstrated track record of closing deals valued at $10M+ with 10-year Net Present Value (NPV).
  • Strong negotiation skills with experience in complex deal structures (in-licensing, out-licensing, etc.).
  • Proficient in financial analysis and building DCF business cases for consumables and digital assets.
  • Excellent networking and intelligence gathering capabilities.

Responsibilities

  • Identify and cultivate external partnerships aligned with Life Science strategies.
  • Sourcing and managing a network of partners to build a strategic partnership pipeline.
  • Evaluate, negotiate, and formalize contracts for various deal types including co-development and research collaborations.
  • Coordinate with cross-functional stakeholders such as R&D, legal, and regulatory teams.
  • Perform additional business-related tasks to support team objectives and operational efficiency.

Benefits

  • Health insurance coverage.
  • Paid time off (PTO).
  • Retirement contributions.
  • Performance-based bonuses may be available.
  • Flexible location with travel opportunities up to 30% internationally.
Full Job Description
Your Role:

MilliporeSigma Corporation is searching for Licensing and Business Development Director within the Life Science sector covering Biology and other businesses. You will identify, cultivate and execute external partnerships in line with the Life Science and portfolio strategies. You will source and manage a broad network of partners with the intent to develop a robust pipeline of opportunities for strategic partnerships and licensing opportunities contributing toward annual revenue and margin targets. Deal types to include, but not be limited to, co-development, in-licensing, out-licensing, distribution, co-marketing, OEM, and research collaborations. You will be responsible for scouting partners, evaluating and negotiating deals, and drafting and executing contracts while coordinating multiple cross-functional stakeholders such as R&D, legal, product management, regulatory, and quality. Perform additional business-related tasks and responsibilities as assigned to support the team's objectives and ensure operational efficiency.

Travel, including international, up to 30% of time. Open to any location with close proximity to an airport.

Who You Are

Minimum Qualifications:
  • Ph.D. in Biology or Chemistry , AND 10+ years industry experience in corporate development, strategic partnerships (non-sales), BD&L with demonstrated deal closure of single deals valuing >=10M USD+ 10Y NPV

Deal sheet required as attachment to application.
  • Proven experience in negotiating complex deals, with a solid understanding of contract fundamentals and strong negotiation skills.
  • Proven experience in negotiating a wide variety of deals, encompassing in-licensing, out-licensing, distribution, and co-development agreements, among others.
  • Financial acumen and ability to build and defend financial analyses and business cases including DCFs for both consumables and digital assets.
  • Strong networking and intelligence gathering skills.
  • Ability to operate as individual contributor in the face of ambiguity, shifting priorities, and limited resources.
  • Strong presentation skills targeted to C-suite audiences.


Preferred Qualifications:
  • MBA
  • Experience working within a matrixed environment.
  • Understanding of IP protections, contract negotiations, and Venture Capital
  • German, or French proficiency


Pay Range for this position: $167,500-251,300

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.

About Merck Group

Merck Group Careers

There has never been a more opportune time to join Merck Group, a leading science and technology company in healthcare, life science, and performance materials. Merck Group offers a plethora of job opportunities that cater to a variety of skills and professional aspirations, making it an ideal environment for both seasoned experts and those at the start of their career journey.

Work You’ll Do

At Merck Group, every team member contributes to breakthrough innovations in healthcare, life sciences, and electronics. The company's commitment to diversity and innovation fuels its leadership in various sectors, driving growth and transformation globally. Merck Group’s career paths are diverse, offering positions that challenge individuals to use their skills in new ways every day, supported by robust training programs and development opportunities.

Explore Job Opportunities and Growth

Merck Group is not just about jobs; it's about building a career. With a vast array of positions, from research and development to marketing and sales, the company is keen on hiring and nurturing talent to lead industry transformation. Merck Group’s dedication to professional growth is evident in its comprehensive benefits package and performance management processes that aim to maximize individual potential.

Internship Programs

Starting with an internship at Merck Group can be a pivotal step in securing a prosperous career. Interns gain invaluable industry experience, working alongside seasoned professionals and engaging in projects that offer real-world applications of their studies. Internships often lead to full-time employment opportunities, providing a seamless transition from education to professional employment.

Inclusive Culture and Leadership

Merck Group is proud of its inclusive culture that embraces diversity and fosters an environment where all employees can thrive. The company’s leadership is committed to creating a workplace where diverse ideas lead to innovative outcomes. Merck Group also offers diversity training to ensure all team members are equipped to contribute to the company’s inclusive goals.

Networking and Professional Development

Employees at Merck Group are encouraged to engage in networking and professional development activities that enhance their career trajectories. The company hosts various networking events, workshops, and seminars that are designed to hone skills and foster connections within the industry. Leadership development programs are also a cornerstone, preparing employees for future roles of increased responsibility.

Stay Connected with Merck Group Careers

Interested candidates can explore open positions that match their skills and interests through the Merck Group careers page. The company values curious, creative, and solution-driven team players who are eager to make an impact.

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Merck Group is continuously looking for individuals who are ready to drive innovation and lead in the global marketplace. Whether through full-time positions, internships, or leadership roles, Merck Group offers a career path filled with opportunities for growth, learning, and leadership.
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