Description
Within BI's Human Pharma BD&L organization, Strategic Partnering (SP) works closely with Transactions & Contract Management (T&CM) and Alliance Management (AM) to ensure flawless execution on accessing external innovation to strengthen BI's portfolio. Close collaboration, seamless transitions and transfers of responsibility within the BD&L organization from SP to T&CM to AM are key to success.
The Director, Strategic Partnering for Oncology (SP, ONC) will contribute to the partnering strategy for a given TA / focus area and in line with this strategy, identify, lead the scientific evaluation, and advance to negotiation, selected external innovation opportunities. The successful candidate will select and prioritize these opportunities in accordance with BI's portfolio needs, financial expectations, and other key terms in an industry-competitive manner, globally and across the entire R&D value chain.
The SP colleague initiates close interactions with BI stakeholders outside the department (e.g. Research, Development, Translational Medicine and Biomarkers/Medical, Legal, Patents, Commercial, Finance) and external partners from academia, biotech and pharmaceutical companies to drive access to external innovation.
SP represents BI's first contact to potential external partners and drives BI's global visibility efforts and networking in the scientific / biotech community.
As an employee of Boehringer Ingelheim, you will actively contribute to the discovery, development and delivery of our products to our patients and customers. Our global presence provides opportunity for all employees to collaborate internationally, offering visibility and opportunity to directly contribute to the companies' success. We realize that our strength and competitive advantage lie with our people. We support our employees in a number of ways to foster a healthy working environment, meaningful work, diversity and inclusion, mobility, networking and work-life balance. Our competitive compensation and benefit programs reflect Boehringer Ingelheim's high regard for our employees.
Duties & Responsibilities
- SP is accountable for executing the specific TA Licensing Investment and Partnering Strategy, aligned with the overall OneHP TA-strategy and goals, across the value chain.
- SP is accountable for global scouting of external opportunities in the respective TA.
- SP is accountable for reviewing and prioritizing external opportunities coordinated by a TA-specific Advisory Team with representation from key stakeholders.
- SP is responsible for driving opportunities (acting as a champion) successfully throughout the entire evaluation and negotiation, leading up to deal signature.
- SP is accountable for defining the preferred partnering model in cooperation with T&CM, leading preparations of project review presentations for management, and securing non-binding term sheet (nbTS) endorsement for partnering opportunities, before start of nbTS negotiation with the partner.
- SP is responsible for positioning BI as a partner-of-choice by ensuring a streamlined review process, and by acting as an ambassador of the company for partners across the globe through the implementation of BD&L-led visibility activities. This includes developing networks with biotech companies, key opinion leaders, venture capital firms, and financial institutions.
- SP is responsible to develop and maintain a global presence for BI at key partnering and scientific meetings in the respective TA, thereby enabling BI's Licensing Investment and Partnering Strategy.
Requirements
- Requires advanced scientific degree (Ph.D. or MD, or MS with sufficient experience), preferably in a TA-related area, from an accredited institution.
- A minimum of ten (10) years of experience in the pharmaceutical industry, preferably with three to five (3-5) years of experience in licensing or business development activities, a technology leadership position or a strategic planning position.
- Three to five (3-5) years of experience in Research, Development, or related function required.
- Significant experience in business development with a successful record of accomplishment of signed deals and a high level of professional credibility.
- Demonstrated Research, Development, or related experience in the Oncology field is essential, and preferably within the area of immune oncology.
- Must be conversant in the fundamental scientific concepts in the given TA.
- Significant experience in business development with a successful record of accomplishment of signed deals and a high level of professional credibility. Well-developed business acumen directly through industry licensing or strategic planning experience. Familiarity and understanding of patents and legal concepts in contracts as well as understanding their implications in the context of in-licensing.
- Extensive professional network with numerous key individuals within and outside of BI.
- Ability to lead the development and implementation and execution of an investment thesis for a given TA, from the earliest stage deals through SOD, and beyond to clinical candidates and commercial opportunities.
- Ability to lead and participate in interdisciplinary teams on both local and international levels
- Excellent communication, management and organizational skills: ability to prepare technical and business reports and oral presentations and communicate concepts and results both internally and externally.
- High energy level questioning and challenging mind set capable of distilling large data sets to make recommendations about investments in targets, clinical medicines and marketed products in the therapeutic area
- Excellent project management skills and problem-solving ability
- Proactive style required to represent BI in many public venues but also a team player and supportive of others within the BD&L organization.
- Willingness to travel, including internationally (up to 25% of time).
Compensation:
This position, Director, offers a base salary typically between$200,000.00 and $316,000.00. The position may be eligible for a role specific variable or performance based bonus and or other compensation elements.For an overview of our benefits please click here.Eligibility Requirements