Associate Director, Business Development

The Company:

FL85 is a Flagship-backed, privately held biotechnology company on a mission to transform the current approach to information molecule therapeutics to unlock their full therapeutic potential. In recent years, we have begun to experience the power of information molecules in treating historically undruggable diseases and in designing therapies with unprecedented turnaround times. FL85’s platform integrates nanoparticle development with world-class informatics technologies and a novel pipeline of experimentation and discovery to drive a new generation of highly effective, therapeutically relevant information molecule therapies. We are seeking collaborative, relentless problem solvers that share our passion for impact to join us!

"Flagship Pioneering has conceived of and created companies such as Moderna Therapeutics (NASDAQ: MRNA), Editas Medicine (NASDAQ: EDIT), Omega Therapeutics (NASDAQ: OMGA), Seres Therapeutics (NASDAQ: MCRB), and Indigo Agriculture. Since its launch in 2000, Flagship has applied its unique hypothesis-driven innovation process to originate and foster more than 100 scientific ventures. In 2021, Flagship Pioneering was ranked 12th globally on Fortune’s “Change the World��� list, an annual ranking of companies that have made a positive social and environmental impact through activities that are part of their core business strategies."

The Position:

The Associate Director of Business Development will be a core part of the team responsible for strengthening our business through helping establish new partnerships and serving as an alliance manager for existing partnerships. This role will report to the Head of Corporate Development and will be critical in accelerating FL85’s growth and strategic ambitions. This individual should have a passion for working at the intersection of science and business and have an entrepreneurial mindset who thrives in a fast-paced, dynamic, and deadline driven environment. This individual should have a can-do attitude, be open to change and be excited about both the business development and the alliance management responsibilities of this role.

Key Responsibilities:

This role will consist of two components: Business Development and Alliance Management

Business Development responsibilities:

• Actively participate in the establishment of an effective and efficient business development effort/team
• Support end-to-end deal activities including campaign design, outreach, tracking, deal structure design, term sheet assessment, research planning, negotiations
• Structure, negotiate and close licensing transactions with existing and new partners
• Prepare opportunity assessments with scientific/portfolio rationale, partnership framework and financial assessment, analysis of competitive landscape and comparable deal terms

Alliance Management responsibilities:

• Ensure that operational partnerships are proactively and effectively managed
• Direct specific alliance agreements and governance activities, including procedures for decision making, project team meetings, data exchange, etc
• Proactively escalate any key issues or challenges in a timely manner, and provide recommendations on how to resolve
• Manage contractual obligations, such as milestone payments, and advise collaboration participants on how the partnership contract should be implemented
• Track progress, including coordinating the definition and reporting of the KPIs, as well as leading periodic health checks to monitor the strength and effectiveness of the partnership

Preferred Qualifications:

• 5+ years life sciences experience in a business development function in a biotechnology/pharmaceutical company 
• Understanding of biopharmaceutical R&D, the drug development process, and the role and processes of business development
• Knowledgeable about trends and technologies in biopharmaceutical R&D and partnering
• Excellent analytical, organizational and time management skills and are comfortable working independently
• Clear communicator in writing and speech and creative in terms of visual presentation of trends and data
• Comfort in the start-up environment, passion for understanding emerging data and navigating ambiguity in a dynamic environment

About Flagship

Flagship Pioneering is a biotechnology company that invents and builds platform companies, each with the potential for multiple products that transform human health or sustainability. Since its launch in 2000, Flagship has originated and fostered more than 100 scientific ventures, resulting in more than $90 billion in aggregate value. Many of the companies Flagship has founded have addressed humani