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Vice President, Business Development

Vir Biotechnology, Inc.
5 hours ago
On-site
San Francisco, CA
$300,000 - $345,000 USD yearly
Corporate Functions

Role Summary

Vir Bio is seeking a Vice President, Business Development to lead global business development initiatives aligned with the organizationโ€™s strategic priorities. Reporting to the Chief Business Officer, you will maximize the value of Vir Bioโ€™s portfolio by partnering a subset of clinical and preclinical programs and platforms, accessing complementary technologies, and leading the BD function with strategic independence. This role requires a strong writer and presenter with extensive deal experience, the ability to develop high-performing teams, and a commitment to compliance and excellence. The position is located in San Francisco with onsite requirements.

Responsibilities

  • Independently spearhead global business development activities consistent with Vir Bio's internal and external innovation strategies set by the CEO, management team, and board
  • Lead global search and evaluation efforts to source opportunities that complement Vir Bioโ€™s pipeline and platforms, in collaboration with the CMO, CSO, CBO, and other executives
  • Lead out-licensing initiatives to identify potential partners for certain Vir Bio assets or platforms
  • Manage partnership discussions, including due diligence, term sheet drafting and negotiation, collaboration agreements, and collecting internal feedback
  • Direct cross-functional teams for due diligence across scientific, clinical, manufacturing, regulatory, marketing, financial, legal, and IP areas
  • Develop negotiating strategies and, with legal teams (and sometimes investment bankers), lead face-to-face negotiations with counterparties
  • Oversee financial model creation and evolution to inform valuation of external opportunities
  • Create strategic, high-quality slide decks to present opportunities to the CEO, executive team, and board
  • Collaborate with strategy, competitive intelligence, and alliance management to maximize deal value during and after negotiations
  • Provide inclusive and ethical leadership to optimize employee performance and engagement
  • Support the CBO on projects and collaborate with leaders across the organization as needed

Qualifications

  • Advanced medical and/or scientific degree (MD, PhD, or both) preferred
  • 15+ years of experience, including at least 10+ years in business development with significant deal and negotiation experience in biopharma or related life sciences; oncology and/or infectious disease experience is a plus
  • Experience as a management consultant in a top firm strongly preferred
  • Strong capabilities in strategic analysis and communication, with ability to write articulately and present compelling narratives
  • Proven track record of leading and negotiating complex, high-value transactions, including out-licensing, with ability to manage competing priorities
  • Deep understanding of due diligence, asset valuation, and portfolio management, with strong scientific and business acumen
  • Successful history of independently sourcing, evaluating, prioritizing, pursuing, and onboarding high-value clinical-stage assets, preclinical assets, and platforms
  • Well-networked in biopharma, life science, and VC communities; SF Bay Area a plus
  • Extensive experience managing and optimizing partnerships through deal execution and alliance management
  • Strong analytical, quantitative, and financial skills; comfort with financial models and SEC documents; venture capital or investment banking experience a plus
  • Proven leadership of BD professionals with hands-on contribution to closing deals