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Sr. Director, Business and Corporate Development
Pacira BioSciences, Inc.San Francisco, United Statesfull_timeVerifiedPosted 23 Oct 2024
💰 $288,000/yr($209,500/yr – $288,000/yr)
About the role
About Pacira Pacira BioSciences, Inc. is a leading provider of non-opioid pain management and regenerative health solutions dedicated to improving outcomes for health care practitioners and their patients. Our in-depth knowledge of non-opioid pain management, coupled with our passion for advancing patient care, drives our commitment to providing solutions that address unmet medical needs and improve clinical results. Why work with us? Rarely do you have an opportunity to do work that really matters. What drives us is our mission. What makes us successful are our people. At Pacira, you are part of an inclusive culture that fosters collaboration, growth, and innovative thinking - a place where you can make an impact and help change the standard of care in non-opioid pain management. Be part of our movement, let’s pursue excellence together. Summary:
The Senior Director, Business and Corporate Development will be an integral part of our Business and Corporate Development team. Their primary focus will be structuring, negotiating, and executing transactions. They also will lead cross-functional deal teams that bring innovative non-opioid pain relief into Pacira’s growing portfolio, maximize the value of existing assets, and support other corporate initiatives. The successful candidate will have a background in Business Development and negotiation, with a deal sheet demonstrating the ability to lead a deal to completion.
Essential Duties & Responsibilities:
The following statements are intended to describe the general nature and level of work being performed by an individual assigned to this job. Other duties may be assigned.
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Knowledge, Skills, and Abilities:
The Senior Director, Business and Corporate Development will be an integral part of our Business and Corporate Development team. Their primary focus will be structuring, negotiating, and executing transactions. They also will lead cross-functional deal teams that bring innovative non-opioid pain relief into Pacira’s growing portfolio, maximize the value of existing assets, and support other corporate initiatives. The successful candidate will have a background in Business Development and negotiation, with a deal sheet demonstrating the ability to lead a deal to completion.
Essential Duties & Responsibilities:
The following statements are intended to describe the general nature and level of work being performed by an individual assigned to this job. Other duties may be assigned.
- Create business cases and deal structures that support Pacira’s corporate, commercial, development and manufacturing strategies
- Craft term sheets that address core transaction issues and align with internal management, diligence finding, and internal subject matter experts
- Run deal processes from diligence to term sheet and final agreement documents, including leading the negotiation team and ensuring internal visibility, input, and alignment
- Organize deal terms and management reviews and provide well-considered recommendations in support of transactions, including clear communication of risks and appropriate management and mitigation initiatives
- Develop an understanding of Pacira’s portfolio needs and business processes by building relationships with internal stakeholders – including in research, process development, clinical regulatory, marketing, portfolio, and finance
- Function as an ambassador for Pacira at external meetings, conferences, and seminars, to access new opportunities and build and expand external network
- Mentor and provide feedback, support, and assistance to other colleagues on transactions-related matters
Education and Experience:
- MBA, JD, or an advanced degree in a discipline related to Business Development for biopharma (MS, MD, PhD)
- Minimum of 10 years of experience in biotech or pharmaceutical industry, with at least 5 of those years in Business Development or a partnering-related role
- Preferred background in pain management or related area (such as neurology, inflammation, or orthopedics)
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Knowledge, Skills, and Abilities:
- Exceptional analytical and communication skills, including the ability to understand and, where necessary, to simplify complex topics
- Strong project management skills including the ability to organize people and information, to create a plan of action, to set priorities, meet deadlines and measure progress
- Excellent oral and written English communications skills, including demonstrated ability to present to senior leadership
- Solid financial and business acumen, including the ability to create valuation models and to understand market forces
- Demonstrated ability to understand risk, gating, and portfolio value over time
- Understanding of regulatory environment and drug development processes
- Experience in drafting term
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