Lead business development for biopharma partners, generate and manage partnership pipeline, own deal negotiations and contracting, drive account growth with cross-functional teams, provide product/market feedback, and travel ~25% for conferences and partner meetings.
About the Job
The Manager, Business Development - is responsible for developing and executing upon a comprehensive strategy in account acquisition, management and growth for FMI’s pharmaceutical and biotechnology partners and prospects. The incumbent ensures these partners and prospects are positioned to benefit from FMI’s full portfolio of biopharma solutions, including Next Generation Sequencing (NGS)-based genomic assays and analysis capabilities, companion diagnostic development, trial enrollment solutions services, and molecular and clinical-genomic information solutions. The position is highly collaborative and works cross-functionally with Business Development peers and other FMI teams such as Operations, Research and Development, Legal, Regulatory Affairs, and Corporate Management and Strategy. As a member of the larger Biopharma team, the position presents opportunities to contribute to other strategic and development projects.
Key Responsibilities
- Execute on Business Development-related aspects of the account plan, including generating new strategic partnerships based on areas of alignment between FMI's solutions portfolio and the customer's needs.
- Actively search and secure new biopharma partnerships through networking at conferences and through existing lead opportunities.
- Develop a strong pipeline of new business and qualified leads.
- Partner with an Alliance Management counterpart to identify new opportunities for account growth.
- Manage day to day handling of contracting and deals while an Alliance Manager counterpart supports with post contract execution.
- Own partnership deals from beginning to end, including identifying and pitching use cases of FMI solutions, negotiating deals with partners, pulling in solutions experts as needed, and supporting contracting.
- Build relationships with stakeholders at partner organizations to enable the identification of new opportunities across the BioPharma solutions portfolio.
- Contribute to the overall development of the BioPharma solutions portfolio by providing feedback to the Strategic Insights, Analytics, and Enablement (SIA&E) team.
- Receive internal and external support from BioPharma Partnership Development pod leader on certain strategic deals or accounts.
- Travel domestically and internationally at least 25% of the time.
- Other projects as periodically assigned.
Qualifications:
Basic Qualifications:
- Bachelor’s Degree in a relevant field and 5+ years of professional experience in biopharmaceutical, diagnostic, clinical trials, or regulatory affairs industry OR
- Master’s Degree in a relevant field and 3+ years of professional experience in biopharmaceutical, diagnostic, clinical trials, or regulatory affairs industry
Preferred Qualifications:
- Master’s Degree and/or PhD in a business or scientific discipline
- 2+ years of operational business development work or academic experience, including work with implementation within a large organization.
- Direct professional experience in sales and/or business development in a healthcare setting
- Demonstrated record of high productivity and results
- Demonstrated evidence of success working in a cross-functional environment
- Strong knowledge and credibility in the oncology market
- Familiarity with data science, including statistics, clinical research, and analytics
- Proficiency with Microsoft Office Suite and ability to generate reports and presentations
- Ability to begin and complete all assignments with minimal supervision
- Ability to understand and communicate scientific or technical information
- Ability to work across multi-disciplinary groups and to lead decision-making discussions
- Excellent interpersonal, negotiation, communication, and collaborative skills with individuals, groups, and senior management
- Strong organizational, prioritization and time management skills
- Strong writing, presentation, organizational and project management skills
- Proactive initiative in communications and initiative in building strong relationships
- Understanding of HIPAA and importance of privacy of patient data
- Commitment to reflect Foundation Medicine's values: Integrity, Courage, Passion
The expected salary range for this position based on the primary location of Remote is $119,040 – $148,800 per year. The salary range is commensurate with Foundation Medicine’s compensation practice and considers factors including, but not limited to, education, training, experience, external market conditions, criticality of role, and internal equity. A discretionary annual bonus may be available based on individual and Company performance. This position also qualifies for Foundation Medicine's benefits.
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About Us Foundation Medicine, Inc. (FMI) is a global, patient-focused precision medicine company delivering high-quality, transformative diagnostic solutions in cancer and other diseases.
Foundation Medicine is proud to be an Equal Opportunity and Affirmative Action employer and considers all qualified applicants for employment without regard to race, color, religion, sex, gender, sexual orientation, gender identity, ancestry, age, or national origin. Further, qualified applicants will not be discriminated against on the basis of disability or protected veteran status. We also consider qualified applicants regardless of criminal histories, consistent with legal requirements. See also FMI's EEO Statement and EEO is the Law and Supplement. If you have a disability or special need that requires accommodation, please let us know by completing this form. (EOE/AAP Employer)
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