The Senior Manager, Business Development-Partnership Development is responsible for developing and executing upon a comprehensive strategy in account acquisition, management and growth for FMI’s pharmaceutical and biotechnology partners and prospects. The incumbent ensures these partners and prospects are positioned to benefit from FMI’s full portfolio of biopharma solutions, including Next Generation Sequencing (NGS)-based genomic assays and analysis capabilities, companion diagnostic development, SmartTrials services, and molecular and clinical-genomic information solutions. The position is highly collaborative and works cross-functionally with Business Development peers and other FMI teams such as Operations, Research and Development, Legal, Regulatory Affairs, and Corporate Management and Strategy. As a member of the larger Biopharma team, the position presents opportunities to contribute to other strategic and development projects.
Key Responsibilities
Executes on Business Development-related aspects of the account plan, including generating new strategic partnerships based on areas of alignment between FMI's solutions portfolio and the customer's needs.
Partners with an Alliance Management counterpart to identify new opportunities for account growth.
Manages day to day handling of contracting and deals while an Alliance Manager counterpart supports with post contract execution.
Owns partnership deals from beginning to end, including identifying and pitching use cases of FMI solutions, negotiating deals with partners, pulling in solutions experts as needed, and leading contracting with a moderate degree of senior Business Development support from their direct manager.
Builds relationships with stakeholders at partner organizations to enable the identification of new opportunities across the BioPharma solutions portfolio.
Contributes to the overall development of the BioPharma solutions portfolio by providing feedback to the Strategic Insights, Analytics, and Enablement (SIA&E) team.
Receives internal and external support from BioPharma Partnership Development pod leader on certain strategic deals or accounts.
Travels domestically and internationally at least 15% of the time.
Other projects as periodically assigned.
Qualifications
Basic Qualifications:
Bachelor’s Degree in a relevant field
5+ years of professional experience in the biopharmaceutical, diagnostic, clinical trials, or regulatory affairs industry
Preferred Qualifications
Master’s Degree and/or PhD in a business or scientific discipline
4+ years of operational business development work or academic experience, including work with implementation within a large organization
Direct professional experience in sales and/or business development in a healthcare setting
Demonstrated record of high productivity and results
Demonstrated evidence of success working in a cross-functional environment
Strong knowledge and credibility in the oncology market
Familiarity with data science, including statistics, clinical research, and analytics
Proficiency with Microsoft Office Suite and ability to generate reports and presentations
Ability to begin and complete all assignments with minimal supervision
Ability to understand and communicate scientific or technical information
Ability to work across multi-disciplinary groups and to lead decision-making discussions
Excellent interpersonal, negotiation, communication, and collaborative skills with individuals, groups, and senior management
Strong organizational, prioritization and time management skills
Strong writing, presentation, organizational and project management skills
Proactive initiative in communications and initiative in building strong relationships
Understanding of HIPAA and importance of privacy of patient data
Commitment to FMI values: patients, innovation, collaboration, and passion
The expected salary range for this position based on the primary location of Remote is $141,000 - $191,000 per year. The salary range is commensurate with FMI's compensation practice and considers factors including, but not limited to, education, training, experience, external market conditions, criticality of role, and internal equity. A discretionary annual bonus may be available based on individual and Company performance. This position also qualifies for FMI benefits.
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Foundation Medicine is a genomics company dedicated to transforming cancer care. We develop high-quality diagnostic tests that accurately identify the genomic mutations driving a patient’s cancer, match a patient to the most effective treatment options, including targeted therapies, immunotherapies or clinical trials, and monitor a patient’s response to treatment. For more information, please visit at www.FoundationMedicine.com.Community Guidelines: bit.ly/FMICommunityGuidelines
The Senior Manager, Business Development-Partnership Development is responsible for developing and executing upon a comprehensive strategy in account acquisition, management and growth for FMI’s pharmaceutical and biotechnology partners and prospects. The incumbent ensures these partners and prospects are positioned to benefit from FMI’s full portfolio of biopharma solutions, including Next Generation Sequencing (NGS)-based genomic assays and analysis capabilities, companion diagnostic development, SmartTrials services, and molecular and clinical-genomic information solutions. The position is highly collaborative and works cross-functionally with Business Development peers and other FMI teams such as Operations, Research and Development, Legal, Regulatory Affairs, and Corporate Management and Strategy. As a member of the larger Biopharma team, the position presents opportunities to contribute to other strategic and development projects.
Key Responsibilities
Executes on Business Development-related aspects of the account plan, including generating new strategic partnerships based on areas of alignment between FMI's solutions portfolio and the customer's needs.
Partners with an Alliance Management counterpart to identify new opportunities for account growth.
Manages day to day handling of contracting and deals while an Alliance Manager counterpart supports with post contract execution.
Owns partnership deals from beginning to end, including identifying and pitching use cases of FMI solutions, negotiating deals with partners, pulling in solutions experts as needed, and leading contracting with a moderate degree of senior Business Development support from their direct manager.
Builds relationships with stakeholders at partner organizations to enable the identification of new opportunities across the BioPharma solutions portfolio.
Contributes to the overall development of the BioPharma solutions portfolio by providing feedback to the Strategic Insights, Analytics, and Enablement (SIA&E) team.
Receives internal and external support from BioPharma Partnership Development pod leader on certain strategic deals or accounts.
Travels domestically and internationally at least 15% of the time.
Other projects as periodically assigned.
Qualifications
Basic Qualifications:
Bachelor’s Degree in a relevant field
5+ years of professional experience in the biopharmaceutical, diagnostic, clinical trials, or regulatory affairs industry
Preferred Qualifications
Master’s Degree and/or PhD in a business or scientific discipline
4+ years of operational business development work or academic experience, including work with implementation within a large organization
Direct professional experience in sales and/or business development in a healthcare setting
Demonstrated record of high productivity and results
Demonstrated evidence of success working in a cross-functional environment
Strong knowledge and credibility in the oncology market
Familiarity with data science, including statistics, clinical research, and analytics
Proficiency with Microsoft Office Suite and ability to generate reports and presentations
Ability to begin and complete all assignments with minimal supervision
Ability to understand and communicate scientific or technical information
Ability to work across multi-disciplinary groups and to lead decision-making discussions
Excellent interpersonal, negotiation, communication, and collaborative skills with individuals, groups, and senior management
Strong organizational, prioritization and time management skills
Strong writing, presentation, organizational and project management skills
Proactive initiative in communications and initiative in building strong relationships
Understanding of HIPAA and importance of privacy of patient data
Commitment to FMI values: patients, innovation, collaboration, and passion
The expected salary range for this position based on the primary location of Remote is $141,000 - $191,000 per year. The salary range is commensurate with FMI's compensation practice and considers factors including, but not limited to, education, training, experience, external market conditions, criticality of role, and internal equity. A discretionary annual bonus may be available based on individual and Company performance. This position also qualifies for FMI benefits.