Bristol-Myers Squibb
Executive Director, Business Development
Bristol-Myers Squibb, San Diego, California, United States, 92189
Working with UsChallenging. Meaningful. Life-changing. Those aren't words that are usually associated with a job. But working at Bristol Myers Squibb is anything but usual. Here, uniquely interesting work happens every day, in every department. From optimizing a production line to the latest breakthroughs in cell therapy, this is work that transforms the lives of patients, and the careers of those who do it. You'll get the chance to grow and thrive through opportunities uncommon in scale and scope, alongside high-achieving teams rich in diversity. Take your career farther than you thought possible.
Bristol Myers Squibb recognizes the importance of balance and flexibility in our work environment. We offer a wide variety of competitive benefits, services and programs that provide our employees with the resources to pursue their goals, both at work and in their personal lives. Read more: careers.bms.com/working-with-us.
RayzeBio is a dynamic biotechnology company headquartered in San Diego, CA. Launched in late 2020 and recently acquired by Bristol Myers Squibb (BMS) as a wholly owned subsidiary, the company is focused on improving survival of people with cancer by harnessing the power of targeted radioisotopes. RayzeBio will operate as a standalone entity within the BMS organization, maintaining its biotech culture with the opportunity to leverage the best-in-class oncology capabilities of BMS. RayzeBio is developing innovative drugs against targets of solid tumors. The lead asset, RYZ101, is in Phase 3 testing for patients with gastroenteropancreatic neuroendocrine tumors (GEP-NETs), as well as earlier stage testing for patients with small cell lung cancer (SCLC). Led by a successful and experienced entrepreneurial team, RayzeBio aims to be the global leader in radiopharmaceuticals.
Summary
The Executive Director, Business Development will hold a pivotal leadership position, responsible for identifying, evaluating, and executing business development opportunities that align with RayzeBio's strategic vision and growth targets. The role involves collaboration with internal stakeholders and engagement with external partners to establish and advance partnerships that propel RayzeBio's leadership in the radiopharmaceutical industry. This is an in-office based role located in San Diego, CA.
Job Responsibilities
Essential duties and responsibilities include the following. Other duties may be assigned.Lead the identification and evaluation of new business opportunities within the radiopharmaceutical space, conducting comprehensive analysis and due diligence on potential assets and technologies.Provide strategic recommendations to RayzeBio's leadership based on thorough research and market intelligence.Establish and nurture relationships with the scientific and biotech communities to promote RayzeBio's business development goals and expand the company's network.Drive deal negotiations, structure agreements, and manage the execution of business development initiatives to align with corporate objectives.Collaborate closely with cross-functional leaders across R&D, commercial, and finance to integrate business development strategies that support RayzeBio's growth.Partner with BMS counterparts to ensure coherence and alignment with broader strategic initiatives and shared resources.Ensure seamless integration of new business opportunities into RayzeBio's operational framework, aligning with company processes and long-term objectives.Education and Experience
Advanced scientific degree (PhD, MS, PharmD) in a relevant field such as drug research or development.10-15 years of experience in the biotech or pharmaceutical industry, with required experience in business development and a focus on pipeline development, search and evaluation, or project leadership.Experience in radiopharmaceuticals or oncology-related areas is highly desirable.Skills and Qualifications
Beyond having the requisite experience and qualifications, a successful candidate will have high levels of self-motivation, adaptability, critical thinking, analysis, and creative problem-solving. This is a fast-paced position within a fast-paced organization, so the ability to come in and hit the ground running is critical for success in the role.
High-level analytical, strategic thinking, and problem-solving capabilities.Strong leadership, communication, and interpersonal skills with demonstrated ability to effectively present insights to senior management.Comprehensive understanding of the research, drug development, regulatory, and commercialization processes in the biotech/pharma industry.Strong scientific literacy, with the ability to translate scientific data into actionable business strategies.Self-driven and adaptable, capable of prioritizing and thriving in a fast-paced environment.Willingness to travel up to 25%.
The starting compensation for this job is a range from $245,500 -$290,000 plus incentive cash and stock opportunities (based on eligibility). The starting pay rate takes into account characteristics of the job, such as required skills and where the job is performed. Final, individual compensation will be decided based on demonstrated experience.
If you come across a role that intrigues you but doesn't perfectly line up with your resume, we encourage you to apply anyway. You could be one step away from work that will transform your life and career.
Uniquely Interesting Work, Life-changing CareersWith a single vision as inspiring as "Transforming patients' lives through science™ ", every BMS employee plays an integral role in work that goes far beyond ordinary. Each of us is empowered to apply our individual talents and unique perspectives in an inclusive culture, promoting diversity in clinical trials, while our shared values of passion, innovation, urgency, accountability, inclusion and integrity bring out the highest potential of each of our colleagues.
On-site Protocol
BMS has a diverse occupancy structure that determines where an employee is required to conduct their work. This structure includes site-essential, site-by-design, field-based and remote-by-design jobs. The occupancy type that you are assigned is determined by the nature and responsibilities of your role:
Site-essential roles require 100% of shifts onsite at your assigned facility. Site-by-design roles may be eligible for a hybrid work model with at least 50% onsite at your assigned facility. For these roles, onsite presence is considered an essential job function and is critical to collaboration, innovation, productivity, and a positive Company culture. For field-based and remote-by-design roles the ability to physically travel to visit customers, patients or business partners and to attend meetings on behalf of BMS as directed is an essential job function.
BMS is dedicated to ensuring that people with disabilities can excel through a transparent recruitment process, reasonable workplace accommodations/adjustments and ongoing support in their roles. Applicants can request a reasonable workplace accommodation/adjustment prior to accepting a job offer. If you require reasonable accommodations/adjustments in completing this application, or in any part of the recruitment process, direct your inquiries to adastaffingsupport@bms.com. Visit careers.bms.com/eeo-accessibility to access our complete Equal Employment Opportunity statement.
BMS cares about your well-being and the well-being of our staff, customers, patients, and communities. As a result, the Company strongly recommends that all employees be fully vaccinated for Covid-19 and keep up to date with Covid-19 boosters.
BMS will consider for employment qualified applicants with arrest and conviction records, pursuant to applicable laws in your area.
If you live in or expect to work from Los Angeles County if hired for this position, please visit this page for important additional information: https://careers.bms.com/california-residents/
Any data processed in connection with role applications will be treated in accordance with applicable data privacy policies and regulations.
Bristol Myers Squibb recognizes the importance of balance and flexibility in our work environment. We offer a wide variety of competitive benefits, services and programs that provide our employees with the resources to pursue their goals, both at work and in their personal lives. Read more: careers.bms.com/working-with-us.
RayzeBio is a dynamic biotechnology company headquartered in San Diego, CA. Launched in late 2020 and recently acquired by Bristol Myers Squibb (BMS) as a wholly owned subsidiary, the company is focused on improving survival of people with cancer by harnessing the power of targeted radioisotopes. RayzeBio will operate as a standalone entity within the BMS organization, maintaining its biotech culture with the opportunity to leverage the best-in-class oncology capabilities of BMS. RayzeBio is developing innovative drugs against targets of solid tumors. The lead asset, RYZ101, is in Phase 3 testing for patients with gastroenteropancreatic neuroendocrine tumors (GEP-NETs), as well as earlier stage testing for patients with small cell lung cancer (SCLC). Led by a successful and experienced entrepreneurial team, RayzeBio aims to be the global leader in radiopharmaceuticals.
Summary
The Executive Director, Business Development will hold a pivotal leadership position, responsible for identifying, evaluating, and executing business development opportunities that align with RayzeBio's strategic vision and growth targets. The role involves collaboration with internal stakeholders and engagement with external partners to establish and advance partnerships that propel RayzeBio's leadership in the radiopharmaceutical industry. This is an in-office based role located in San Diego, CA.
Job Responsibilities
Essential duties and responsibilities include the following. Other duties may be assigned.Lead the identification and evaluation of new business opportunities within the radiopharmaceutical space, conducting comprehensive analysis and due diligence on potential assets and technologies.Provide strategic recommendations to RayzeBio's leadership based on thorough research and market intelligence.Establish and nurture relationships with the scientific and biotech communities to promote RayzeBio's business development goals and expand the company's network.Drive deal negotiations, structure agreements, and manage the execution of business development initiatives to align with corporate objectives.Collaborate closely with cross-functional leaders across R&D, commercial, and finance to integrate business development strategies that support RayzeBio's growth.Partner with BMS counterparts to ensure coherence and alignment with broader strategic initiatives and shared resources.Ensure seamless integration of new business opportunities into RayzeBio's operational framework, aligning with company processes and long-term objectives.Education and Experience
Advanced scientific degree (PhD, MS, PharmD) in a relevant field such as drug research or development.10-15 years of experience in the biotech or pharmaceutical industry, with required experience in business development and a focus on pipeline development, search and evaluation, or project leadership.Experience in radiopharmaceuticals or oncology-related areas is highly desirable.Skills and Qualifications
Beyond having the requisite experience and qualifications, a successful candidate will have high levels of self-motivation, adaptability, critical thinking, analysis, and creative problem-solving. This is a fast-paced position within a fast-paced organization, so the ability to come in and hit the ground running is critical for success in the role.
High-level analytical, strategic thinking, and problem-solving capabilities.Strong leadership, communication, and interpersonal skills with demonstrated ability to effectively present insights to senior management.Comprehensive understanding of the research, drug development, regulatory, and commercialization processes in the biotech/pharma industry.Strong scientific literacy, with the ability to translate scientific data into actionable business strategies.Self-driven and adaptable, capable of prioritizing and thriving in a fast-paced environment.Willingness to travel up to 25%.
The starting compensation for this job is a range from $245,500 -$290,000 plus incentive cash and stock opportunities (based on eligibility). The starting pay rate takes into account characteristics of the job, such as required skills and where the job is performed. Final, individual compensation will be decided based on demonstrated experience.
If you come across a role that intrigues you but doesn't perfectly line up with your resume, we encourage you to apply anyway. You could be one step away from work that will transform your life and career.
Uniquely Interesting Work, Life-changing CareersWith a single vision as inspiring as "Transforming patients' lives through science™ ", every BMS employee plays an integral role in work that goes far beyond ordinary. Each of us is empowered to apply our individual talents and unique perspectives in an inclusive culture, promoting diversity in clinical trials, while our shared values of passion, innovation, urgency, accountability, inclusion and integrity bring out the highest potential of each of our colleagues.
On-site Protocol
BMS has a diverse occupancy structure that determines where an employee is required to conduct their work. This structure includes site-essential, site-by-design, field-based and remote-by-design jobs. The occupancy type that you are assigned is determined by the nature and responsibilities of your role:
Site-essential roles require 100% of shifts onsite at your assigned facility. Site-by-design roles may be eligible for a hybrid work model with at least 50% onsite at your assigned facility. For these roles, onsite presence is considered an essential job function and is critical to collaboration, innovation, productivity, and a positive Company culture. For field-based and remote-by-design roles the ability to physically travel to visit customers, patients or business partners and to attend meetings on behalf of BMS as directed is an essential job function.
BMS is dedicated to ensuring that people with disabilities can excel through a transparent recruitment process, reasonable workplace accommodations/adjustments and ongoing support in their roles. Applicants can request a reasonable workplace accommodation/adjustment prior to accepting a job offer. If you require reasonable accommodations/adjustments in completing this application, or in any part of the recruitment process, direct your inquiries to adastaffingsupport@bms.com. Visit careers.bms.com/eeo-accessibility to access our complete Equal Employment Opportunity statement.
BMS cares about your well-being and the well-being of our staff, customers, patients, and communities. As a result, the Company strongly recommends that all employees be fully vaccinated for Covid-19 and keep up to date with Covid-19 boosters.
BMS will consider for employment qualified applicants with arrest and conviction records, pursuant to applicable laws in your area.
If you live in or expect to work from Los Angeles County if hired for this position, please visit this page for important additional information: https://careers.bms.com/california-residents/
Any data processed in connection with role applications will be treated in accordance with applicable data privacy policies and regulations.