- Job Summary: KLUS Pharma has a rapidly growing portfolio of therapeutic biologics. The development of antibody-based drugs is powered by strong innovation and increasing activities in licensing and development partnerships. The Biologics Business Development group is looking to hire a Business Development Associate at its office at Cranbury, NJ. A qualified candidate should hold a bachelor’s degree in biology or related fields, or a business degree with industrial experience in biotech. This position is responsible for sourcing, investigating, and communication with potential and existing partners for business development, licensing, and strategic alliance. The Business Development Associate will also support market intelligence and technology scouting.
Key Responsibilities:
Business Development 60%
- Support Business Development activities in operational roles. Prepare marketing materials and promotion documents for KLUS Pharma’s brand and Business Development initiatives.
- Conduct initial search and evaluation on potential partners for licensing and strategic alliance. Coordinate team meetings and discussions with internal groups and potential partners.
- Towards later stages in the Business Development/Licensing process, support due diligence, term negotiation, and launching of partnerships.
Alliance Management 20%
- Build trust and seek value through alliance management with prospective and existing partners. In the early stage of partnership discussion, this includes identification of performance and development goals of the business partners, documentation of background and history of BD discussions, and maintenance of timely communication with partners.
- For existing alliance, keep tracking of ongoing programs against development plans and periodically report progress and findings.
Market Intelligence 20%
- Support market intelligence and technology scouting.
- Search for and evaluate technologies that fit KLUS Pharma’s development targets.
- Collect and analyze competition information. Summarize and present the analysis results internally to facilitate decision making in business strategies.
Travel:
Travel may be required to visit potential partners, attend conferences, etc, about 10%.
Required Education and Experience:
- A bachelor’s degree is required.
- 1-3 Years of industry experience in research, marketing, or finance is preferred with a bachelor’s degree in biology or related fields.
- 1-3 Years of experience in the biotechnology, pharmaceutical, animal health industries is preferred with a business degree.
Required Qualification:
- Understanding of the core concept and key definitions in biology, drug development, IP, and licensing.
- Excellent skills in written and spoken communication, including presentation, targeting internal and external groups.
- Abilities of working effectively with cross-function teams.
- Thorough knowledge and experience of using MS Office software such as Word, Outlook, and Powerpoint.
Preferred Qualifications:
- Hands-on experience of market intelligence, competition analysis, or search and evaluate.
- Experience of maintaining website contents and social media.
- General knowledge of immunology and oncology.
- Working knowledge of project management. Be able to simultaneously track multiple projects against timelines and to report progress and status.