Director, Business Development

| Greater NYC Area
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About TrialSpark

The biggest bottleneck in bringing new treatments to patients is the clinical trial. On average, getting a drug through the trial process takes nearly a decade and frequently costs $1B+. And the problem is only getting worse.

TrialSpark is a new healthcare company that owns the end-to-end drug development process. Our proprietary technology allows us to integrate and improve clinical research for patients, providers, and sponsors, while executing clinical trials faster and cheaper.

Position Overview

The New Ventures team is responsible for building a new portfolio of biotech startups, by acquiring and in-licensing drug development programs that will be supported by TrialSpark’s clinical research engine. The Director will:

  • thematically identify areas and therapeutic assets for TrialSpark to invest in
  • lead the research and evaluation of those specific investment opportunities
  • manage the structuring and negotiations through deal close 

This position is core to the company’s mission and critically important to the company’s growth.

Responsibilities

Responsibilities include but are not limited to: 

  • Deeply evaluate therapeutic assets, including scientific data and clinical development plans 
  • Build a scientific and business case, including returns analysis, for each potential investment
  • Negotiate financing and IP deal terms, with the support of TrialSpark’s transactions team
  • Lead sourcing, and outreach; network with academics, patient advocacy groups, KOLs, biotechs, and entrepreneurs
  • Research and write theses to identify investments and strategic partnerships to expand TrialSpark’s capabilities

Required education and experience

  • Strong track record in negotiating and closing licensing transactions within the biopharma industry
  • Excellent communication skills, proven ability to work collaboratively internally and externally
  • Entrepreneurial & highly-organized, with a desire to build a transformative company in the life sciences

Preferred education and experience

  • Strong aptitude and genuine interest in science. Advanced technical degree is an advantage. MBA preferred, but not required. 
  • Previous investment experience, preferably in venture capital or public equities, is required. Will also consider experience from biotech equity research, life sciences business development, or top tier consulting firm.

You will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.

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Technology we use

  • Engineering
    • JavascriptLanguages
    • PythonLanguages
    • ReactLibraries
    • ReduxLibraries
    • FlaskFrameworks
    • PostgreSQLDatabases

Location

Our office is located in Manhattan, near the Empire State Building. The area is lively and has great food and transportation options!

An Insider's view of TrialSpark

What are some social events your company does?

We believe in healthy living! We organize regular team exercise classes as a company!

Frank Wu

Product Manager

How do you empower your team to be more creative?

We believe in presenting problems, not solutions, to the team. Our job is to align the team on company goals and issues, and allow the team to work creatively to solve them. We believe team autonomy fosters creativity and a healthier culture.

Linhao Zhang

CTO

What are TrialSpark Perks + Benefits

TrialSpark Benefits Overview

Trialspark is nothing without its employees, so they are well taken care of! We offer comprehensive benefits that span from insurance to 401ks, with added perks like a pet-friendly office. Come meet our office dog, Rosie!

Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Dental Benefits
Vision Benefits
Health Insurance Benefits
Life Insurance
Retirement & Stock Options Benefits
401(K)
Company Equity
Child Care & Parental Leave Benefits
Generous Parental Leave
Flexible Work Schedule
Vacation & Time Off Benefits
Unlimited Vacation Policy
Paid Holidays
Paid Sick Days
Perks & Discounts
Casual Dress
Commuter Benefits
We have a monthly transportation subsidy!
Company Outings
Yearly retreat and holiday party, regular team events and outings!
Game Room
Super Smash Club every Friday!
Stocked Kitchen
Happy Hours
Pet Friendly
Come meet our office dog, Rosie!
Relocation Assistance
Fitness Subsidies
Professional Development Benefits
Job Training & Conferences
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