Director, Business Development - Search & Evaluation

Role: Director of Business Development, Strategic Sourcing at Formation Bio, focusing on identifying and managing early-stage asset opportunities to accelerate drug development. Responsibilities: lead deal-by-deal asset evaluation from identification to transaction closing, collaborate with BD team on outreach strategies, manage designated outreach regions (biotech, pharma, therapeutics areas), conduct triage of opportunities for strategic fit, and coordinate with R&D, tech, and commercial teams for smooth diligence transitions. Requirements: PhD in biological sciences or MD with research experience; 3-7 years in biotech/pharma BD, search & evaluation, venture capital, or life sciences consulting; strong industry network, relationship-building skills, and understanding of AI’s role in pharma. Preferred: scientific background, business acumen, and experience in early-stage asset sourcing. HighValue: biotech/pharma asset evaluation, business development, strategic deal sourcing, emphasis on AI-enabled drug discovery. WorkSetup: hybrid in NYC/Boston, with considerations for NC or Bay Area residents; travel requirements not specified.