Note: The job is a remote job and is open to candidates in USA. Foundation Medicine is focused on advancing precision medicine in oncology, and they are seeking an Associate Director for BioPharma Business Development. This role involves driving strategic partnerships with Biopharma customers, ensuring delivery on commitments, and expanding business through collaboration and relationship management.
Responsibilities
- Lead the development of partnership strategy, encompassing achievement of revenue and bookings deliverables, and expansion of partnership to increase value for both organizations and patients
- Meet annual revenue, bookings, and customer experience targets for assigned partners
- Build strong relationships and serve as a thought partner within BioPharma translational medicine, precision medicine, and commercial teams
- Maintain a deep understanding of Oncology and therapeutics, with an emphasis on strong knowledge of partners’ pipeline and FMI's solutions to match precision medicine approaches across the entire therapeutic development lifecycle
- Support Business Development team members on transactions and deal structure, including active participation of contracting, and serving as point of escalation to support negotiations
- Work, alongside team members, in organizing sales pitch and positioning FMI solutions to partners, leveraging in-depth understanding of partner needs and framing solutions appropriately
- Engage partners in face to face customer meetings at conferences, FMI and partner locations
- Identify and establish relationships with precision medicine decision makers and influencers in all stages of drug and diagnostic development
- Responsible and accountable for end-to-end management and growth of key BioPharma accounts, meeting OKRs linked to success of the BioPharma customer, planned timelines, and milestones
- Responsible for managing profiling forecasting activities with external partners
- Support cross-functional team members in Diagnostic Development, Regulatory, BioPharma, and other departments in managing partner relationships, including serving as a point of escalation and leveraging governance bodies to advance partnership growth
- Accountable for partner satisfaction and account health through sustained engagement, AHC survey, and continued feedback
- Serve as a matrix manager and mentor to team members, including Alliance Management and Business Development colleagues
- Travel domestically and internationally up to 30% of the time, in line with quarterly customer engagement expectations
- Ability to flex work schedule to meet global customer needs
- Other duties as assigned
Skills
- Bachelor's degree in a scientific discipline
- 10+ years of professional business development and/or alliance management experience in a diagnostic or data/insights company with a focus in Oncology
- Advanced degree in business or a scientific discipline
- 12+ years of professional business development / alliance management experience in a diagnostic, data or Biopharmaceutical company with a focus in Oncology
- Experience leading and mentoring
- Strong knowledge and credibility in the oncology market, both US and internationally
- Deep understanding of human genetics, oncology therapeutics and diagnostics, with an emphasis on strong knowledge of partners' pipeline and precision medicine approaches across the entire therapeutic development lifecycle
- Understanding of HIPAA and importance of privacy of patient data
- Commitment to FMI values: Integrity, Courage, and Passion
Benefits
- A discretionary annual bonus may be available based on individual and Company performance.
- This position also qualifies for Foundation Medicine's benefits.
Company Overview
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