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$250k–$315k/yr
Full-time
postgraduate degree
Health Insurance, Paid Time Off, Holidays, Vacation, Sick Time, Parental Leave
Posted 37d ago
~40 hrs/week
Responsibilities
Lead and execute key business development initiatives, including licensing, partnerships, and collaborations to support long-term growth. Coordinate cross-functional diligence and develop financial frameworks to evaluate and negotiate strategic transactions.
Requirements
Requires 7+ years of experience in biotech/life sciences business development with a proven track record of closing complex transactions. An advanced degree (MD, PhD, MBA, or JD) and experience in a public company environment are preferred.
Full job description
About the role
Sana Biotechnology is growing, and we are hiring new team members who believe in the potential of engineered cells as medicines, who are passionate about delivering the possible to patients, and who lead with the desire to work on novel ideas. As a Senior Director, Business Development, you will report to the Chief Financial Officer to lead and execute key business development initiatives for a publicly traded biotechnology company advancing innovative cell and gene therapy programs. This individual will play a central role in evaluating, structuring, negotiating, and managing transactions that support the company’s long-term growth objectives, including licensing, partnerships, collaborations, co-development arrangements, platform transactions, and other strategic opportunities.
What you’ll do
Lead or play a central role in the execution of business development transactions, including: in-licensing and out-licensing, co-development and co-commercialization agreements, research collaborations & platform partnerships, option-based deals, key supply agreements, geographic licensing arrangements, and joint ventures or other structured transactions.
Develop business cases, valuation frameworks, competitive assessments, and transaction rationale to support internal decision-making.
Structure, negotiate, and finalize term sheets, letters of intent, confidentiality agreements, and definitive agreements in collaboration with legal and executive leadership.
Support preparation of presentations and recommendations for senior management, executive committees, and the Board of Directors.
Build and maintain strong relationships with biotechnology peers, pharmaceutical companies and academic institutions.
Serve as a key point of contact for existing and prospective partners, representing the company with professionalism, credibility, and strategic insight.
Support alliance transition and post-signing governance as needed to help ensure successful execution of strategic collaborations.
Partner closely with internal leaders across research, development, manufacturing, commercial, finance, legal, intellectual property, investor relations, and corporate strategy.
Help drive internal alignment on external opportunities by synthesizing complex scientific, clinical, strategic, operational, and financial considerations.
Contribute to broader corporate planning efforts, including portfolio prioritization discussions, long range planning and strategic reviews.
Develop financial frameworks to properly analyze potential transactions.
What we’re looking for
7+ years of experience in biotech/life sciences business development, specifically in technology licensing or tech transfer; however, an alternate combination of education and experience will be considered in exchange for a specific degree.
Deep understanding of the scientific, clinical, regulatory, and commercial dynamics relevant to therapeutic development.
Proven track record of successfully negotiating and closing complex transactions, demonstrating strong strategic judgment, financial and transactional acumen, and cross-functional leadership.
Ability to engage effectively with internal senior leadership and external stakeholders with a track record of operating with executive-level visibility and confidentiality.
What will separate you from the crowd
Advanced degree (MD, PhD, MBA, or JD).
Experience in a public company environment.
What you should know
The base pay range for this position at commencement of employment is expected to be between $250,000 and $315,000/year; however, base pay offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience.
This position is located in our Cambridge, MA office.
How we work together for patients
Lead from every seat – we seek to understand, act with honesty, and engage in the crucial conversations
Thrive as a team – we hire amazing people, are intensely curious, and cultivate inclusion and personal connectivity
Make it happen – we value vigorous debate, alignment around our decisions, and resilient execution
Get to know us
At Sana, we believe that a workforce with varied backgrounds strengthens us as a company and helps us to achieve our mission to meaningfully change the outcome of many human diseases. This belief is a pillar of our business and is critical to our success. Our goal is that Sana is the place for talented people to bring their authentic selves to work, to have a great career and to deeply, positively impact patients.
Core to our values, we believe there is nothing more important than the health and wellness of you and your family. For benefit eligible employees, we cover a generous portion of the cost for employee health coverage, making high-quality care more accessible and affordable. We offer ample time-off (various paid time off benefits, such as holidays, vacation, sick time, and parental leave), short- and long-term disability, employer paid basic life insurance, additional voluntary life insurance protection, financial wellness programs including financial planning resources, a 401(k) Plan with an immediately vested employer match, Tuition Reimbursement and Student Loan Repayment, Employee Stock Purchase Plan, commuter subsidy and a variety of wellness offerings to support each person individually. For more details on our benefits, visit Sana’sBenefits Portal.
We are committed to providing a workplace free of discrimination and harassment based on race, color, religion, age, gender, national origin, ancestry, physical or mental or sensory disability (including the use of a trained guide dog or service animal by a person with a disability), genetic information, actual or perceived HIV or Hepatitis C infection, medical condition (cancer or a record or history of cancer and genetic characteristics), marital status, sexual orientation, sexual preference, pregnancy (including childbirth and related medical conditions), disability, veteran status, political ideology, social class (including caste/caste identity), taking or requesting statutorily protected leave, status as a victim of domestic violence, sexual assault or stalking, or any other basis prohibited by applicable law.
To perform this job successfully, you must be able to perform each job responsibility satisfactorily. The job description listed above is representative of the knowledge, skills, and/or abilities required for this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the functions described above.
Focused on creating and delivering engineered cells as medicines for patients
Industry
Biotechnology Research
Company size
201-500 employees
Founded
2018
Headquarters
Seattle, Washington
LinkedIn followers
51,259
Total funding
$951M
Sana Biotechnology is focused on utilizing engineered cells as medicines for patients. The ability to modify genes and use cells as medicines will be one of the most important advances in healthcare over the next several decades. Sana is building differentiated capabilities across the spectrum of cell and gene therapy.
Three aspirations drive Sana as we look to discover treatments for patients with poor outcomes or currently untreatable diseases. The first is the ability to repair and control the genes in any cell in the body. We are advancing novel delivery technologies with the goal of being able to deliver any payload to any cell in a specific, predictable, and repeatable manner, paving the way for next-generation in vivo gene therapy. Next is the ability to differentiate pluripotent stem cells ex vivo into immune-cloaked functional cells with the aspiration of being able to replace any missing or damaged cells in the body. Last is a belief we can enable broader access to our therapies through focusing on scalable manufacturing solutions, the cost of manufacturing, and aligning with key stakeholders.
Sana launched in early 2019 and has over 350 employees in Seattle, Cambridge, and South San Francisco. Sana was founded with the long view – bringing together great people and the best technologies to deliver on the challenging promise of using engineered cells to meaningfully change the outcome of many human diseases.
Offices: 188 E Blaine St, Suite 400, Seattle, Washington 98102, US · 1 Tower Pl, Suite 500, South San Francisco, California 94080, US · 300 Technology Sq, Suite 700, Cambridge, Massachusetts 02139, US
Health CareBiotechnologyLife ScienceProduct Research
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