Insilico Medicine is developing next generation of artificial intelligence (AI) platforms
to accelerate drug discovery and development, while cutting down cost and increasing success rate. The company is constantly making breakthroughs in R&D, launching AI solutions, and advancing its own internal pipeline of small molecule therapeutics. Biopharma partnerships are key part of our growth strategy.
The Director of Business Development at Insilico Medicine will be an important member of the team to drive our out-licensing efforts for preclinical assets and partnering strategy on AI platform technologies as well as discovery collaboration with external companies. Based in the United States, you will be a part of global business development team who are passionate about the transforming experience that AI can bring to drug discovery and development.
Essential Job Functions:
Responsible for scouting, due diligence, negotiation, and execution of BD
Collect market, business and technical info and develop business insights.
Assist CBO on M&A deals and other strategic partnerships.
Other activities as may be delegated by management.
Able to travel 20%-40% of time. Able to work flexible hours across various time zones.
Master's degree or above (MBA, PhD preferred) with at least 8-12 years of experience in US biotech, life science, global pharma with an undergraduate degree in biology, chemistry, computer science or engineering related field. Successful business development track record is required. Software business is desirable but not required.
A solid out-licensing, collaboration and/or service deal track record is required with industry rolodex. Experience with financial modeling and product portfolio strategy.
Solid understanding of the drug discovery and development process, artificial intelligence (AI), and machine learning (ML).
Excellent communication skills, including writing and oral. Fluent in English.
Hard working, energetic, flexible, agile and ability to learn on the fly. Willing to adapt to a fast-paced working environment with a sense of urgency.
Strong people skills. A strong team player and be willing to mentor/supervise other junior members.
Able to work independently. A great team player and able to work in a diverse, multicultural, and globally distributed team.