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Formation Bio

Director, Business Development - Search & Evaluation

Formation Bio
hybrid senior full-time $228,000 - $310,000 Boston, MA
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First indexed 18 Apr 2026

Description

We are seeking a Director of Business Development, Strategic Sourcing to play a key role in identifying, evaluating, and managing early-stage assets and opportunities for our business development pipeline.

Responsibilities:

  • Lead deal-by-deal opportunity/asset teams from asset identification to transaction close
  • Collaborate with the BD team to identify target areas for outreach, focusing on strategic alignment with our goals
  • Own and manage one or more designated business development outreach areas
  • Maximise activity and ensure high-quality deal flow in assigned outreach areas
  • Conduct initial triage of opportunities, evaluating potential deals before engaging the broader diligence team to ensure strategic fit

About You: The ideal candidate will have a strong scientific background paired with business acumen, ideally with experience in search and evaluation, venture, or business development.

  • PhD in biological science or MD with laboratory research experience strongly preferred
  • 3-7 years of post-degree experience, with a combination of scientific and business expertise
  • Prior experience of biotech or pharmaceutical business development (search & evaluation), venture capital investing, or life sciences consulting is highly preferable
  • Strong network within the biotech and pharmaceutical industries, with the ability to leverage contacts for sourcing early-stage assets

This role offers the opportunity to help build the pharma company of the future, combining strategic asset acquisition with tech-enabled development capabilities to bring new treatments to patients faster and more efficiently.

Total Compensation Range: $228,000 - $310,000

This listing is enriched and indexed by YubHub. To apply, use the employer's original posting: https://job-boards.greenhouse.io/formationbio/jobs/7589988