Senior Vice President, Business Development
Vir Biotechnology
- San Francisco, CA
- Permanent
- Full-time
- Independently spearhead global business development activities consistent with Vir 's overall internal and external innovation strategies set by the CEO, executive management team, and board of directors.
- Working closely with our CSO and other executives, lead global search and evaluation efforts to source opportunities that complement Vir's pipeline and platform.
- Lead out-licensing initiatives to identify potential partners for certain Vir assets or platforms.
- Run partnership discussion processes including direct ownership and oversight of due diligence, drafting and negotiating term sheets, working closely with legal team on negotiating collaboration agreements, and collecting feedback from various internal stakeholders.
- Lead, guide and direct teams responsible for organizing and completing extensive due diligence involving cross-functional teams of several internal and external experts. Diligence areas include but are not limited to scientific, clinical, manufacturing, regulatory, marketing, financial, legal, IP experts.
- Lead and collaborate on business aspects of complex contract negotiations with internal and external legal counsel as needed.
- Working closely with Vir's finance team and external experts, including investment bankers, oversee the creation and evolution of financial models that inform the valuation of external opportunities.
- Create strategic and compelling slide decks of the highest consistency and quality and use them in presenting opportunities to the CEO, executive management team, and board of directors.
- Leverage deep experience leading teams of people in an inclusive and ethical way for optimal employee performance and job engagement and satisfaction.
- Additional responsibilities may include those related to enabling and maintaining operational effectiveness across the entire CBO organization (which includes strategy, business development, alliance management, commercial, and public-private partnerships). Support the CBO on projects as needed and work closely with leaders of other organizations within the CBO organization and other senior leaders across the company.
- Advanced medical and/or scientific degree (MD, PhD, or both) required.
- 20+ years' experience including at least 15 years' experience in business development, with significant deal & negotiations experience at biopharma or related life sciences companies. Experience in the areas of infectious disease, immunology, and/or immuno-oncology a plus.
- Strong capabilities in strategic analysis and communication, both written and verbal, including creating and presenting compelling slide decks.
- Experience as a management consultant in a top consulting firm strongly preferred.
- Demonstrated track record of leading and negotiating complex transactions at pace while managing competing priorities.
- A thorough understanding of the processes of due diligence, asset valuation, and portfolio management, combined with deep scientific and business acumen.
- Successful track record in independently sourcing, evaluating, prioritizing, pursuing, and onboarding high-value clinical-stage assets, preclinical assets, research platforms +/- commercial-stage assets.
- Well networked in biopharma, life science, and VC communities in SF Bay Area a plus.
- Extensive experience in managing and optimizing partnerships through deal execution and, in close coordination with alliance management, afterwards.
- Possesses strong analytical, quantitative, and financial skills, including facility with financial models and reading and understanding financial statements and SEC documents. Experience in venture capital investing or investment banking a plus.
- Successful previous experience leading business development professionals with a willingness to roll up sleeves and contribute very directly where needed to close deals or accomplish other Vir objectives.