# Director, Business Development - Search & Evaluation

**Company**: Formation Bio
**Location**: Boston, MA
**Work arrangement**: hybrid
**Experience**: senior
**Job type**: full-time
**Salary**: $228,000 - $310,000
**Category**: Business Development
**Industry**: Pharmaceuticals

**Apply**: https://job-boards.greenhouse.io/formationbio/jobs/7589988?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply
**Canonical**: https://yubhub.co/jobs/job_f10f46f0-563

## 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

## Skills

### Required
- business development
- pharmaceuticals
- biotechnology
- venture capital
- life sciences

### Nice to have
- AI
- drug development
- clinical trials
- networking
- relationship building

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Source: [Apply at job-boards.greenhouse.io](https://job-boards.greenhouse.io/formationbio/jobs/7589988?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply)