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Business Development Manager

Beacon Biosignals is on a mission to revolutionize precision medicine for the brain. We are the leading at-home EEG platform supporting clinical development of novel therapeutics for neurological, psychiatric, and sleep disorders. Our FDA 510(k)-cleared Dreem EEG headband and AI algorithms enable quantitative biomarker discovery and implementation. Beacon’s Clinico-EEG database contains EEG data from nearly 100,000 patients, and our cloud-native analytics platform powers large-scale RWD/RWE retrospective and predictive studies. Beacon Biosignals is changing the way that patients are treated for any disorder that affects brain physiology. 

 

Beacon Biosignals is seeking a driven, strategic, scientifically-oriented Business Development Manager to identify and build our revenue-generating partnerships with large pharma, biotech, and medical technology target customers. This role will involve both strategic and tactical work to support Beacon’s growth across all stages of the customer adoption spectrum. This role will be critical for establishing new customer relationships by identifying, pitching, nurturing, and supporting negotiations of opportunities to contribute to customers’ clinical development objectives in neurology, psychiatry, and sleep-related disorders using Beacon’s products and services. 

 

This is an independent contributor role in the commercial organization reporting directly to the Chief Business Officer. The position could evolve over time to incorporate potential responsibilities in alliance management, customer success, and key account management as Beacon continues to expand its portfolio of customer programs in clinical development. 


This is a remote position, and periodic travel to customer meetings is expected. We strongly prefer candidates near our in-person hubs are available in Boston and New York City to reduce some of the travel requirements for customer meetings.


What success looks like:
  • Develop and nurture strategic relationships with biopharma companies, CROs, and key industry stakeholders, leveraging scientific expertise to build trust and credibility. 
  • Drive business development efforts in an evolving market by articulating the scientific and clinical value of Beacon’s technology, with particular focus on psychiatry, neurology, and sleep-related disorders. 
  • Operate effectively in a rapidly-moving startup environment by identifying, executing, and ruthlessly prioritizing the most valuable activities to support growth. 
  • Influence and work with cross-functional teams to support partnerships, including Neuroscience, Data Science, Data Engineering, Clinical Operations, Program Management, and the Leadership team. 
  • Expand and deepen existing customer relationships by demonstrating thought leadership and providing scientifically-grounded insights that help advance customers' clinical development initiatives. 
  • Prepare and deliver compelling presentations, white papers, and scientific content to high-level stakeholders, including PhD-level scientists and executives, by reading primary and secondary neuroscience literature. 
  • Support, but not lead, complex negotiations that maximize value for both Beacon and its partners. 
  • Analyze industry and business intelligence data to provide actionable insights that drive business growth and partnership success. 
  • Maintain and record business development activities in a CRM, and support lead generation outreach efforts to build early funnel demand. 


What you will bring:
  • Ability to communicate complex scientific concepts to diverse stakeholders. 
  • 3+ years of experience in consulting with the biopharmaceutical industry, with preference for R&D, clinical development, or CROs. 
  • Advanced degree (PhD, MD, or Master’s) in neuroscience, biomedical engineering, or a related field. 
  • Experience in business development and sales, with preference for neuroscience, neurotech, clinical strategy, or clinical operations preferred. 
  • Deep understanding of clinical trials, neurotechnology, and the biopharma landscape 
  • Entrepreneurial mindset, self-motivated and goal-oriented, with the ability to identify opportunities, influence decision-making, and drive adoption of innovative solutions in a developing market. 
  • Exceptional analytical skills with the ability to interpret clinical and scientific data to inform business decisions. 
  • Excellent writing, presentation, and communication skills with the ability to build PowerPoint presentations and translate scientific and technical content into actionable insights for technical and non-technical audiences. 
  • Ability to thrive in a fast-paced, evolving startup environment with minimal supervision, adapting to shifting priorities and business needs. 
  • Familiarity with CRM tools (e.g., HubSpot, Salesforce) and experience tracking key account performance metrics. 
  • Willingness to travel for customer or internal meetings and industry events, typically once quarterly. 
  • Empathy for all stakeholders, including pharma customers, healthcare professionals, co-workers, and most of all patients 


The base salary range for this role is determined based on past experience, specific skills and qualifications. The base salary is one component of the total compensation package, which includes equity, PTO and other benefits.


At Beacon, we've found that cultural and scientific impact is driven most by those that lead by example. As such, we're always seeking new contributors whose work demonstrates an avid curiosity, a bias towards simplicity, an eye for composability, a self-service mindset, and - most of all - a deep empathy towards colleagues, stakeholders, users, and patients. We believe a diverse team builds more robust systems and achieves higher impact.

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What You Should Know About Business Development Manager, Beacon Biosignals

If you're looking for an opportunity to make a real impact in the world of precision medicine, then joining Beacon Biosignals as a Business Development Manager might just be the perfect fit for you! At Beacon, we are on a mission to transform the treatment landscape for brain-related disorders, utilizing our cutting-edge, FDA-cleared Dreem EEG headband and sophisticated AI algorithms. This remote position allows you to work independently while forging strong partnerships with biopharma companies, CROs, and other key stakeholders in the medical field. Your role will encompass both strategic and tactical elements, focusing on nurturing relationships that help customers achieve their clinical development goals in neurology and psychiatry. A successful Business Development Manager at Beacon Biosignals will not only communicate our scientific offerings but also back them with solid, actionable insights, presentations, and white papers that resonate with PhD-level professionals and executives alike. You'll be instrumental in analyzing market data, leading outreach initiatives, and enriching existing customer relationships. This role not only provides a platform for your professional prowess in business development but also calls for a passion for neuroscience and innovative technologies. As we expand our portfolio, you may even get the chance to delve into alliance management or customer success in the future. If you've got a knack for building trust and are eager to embrace the dynamic nature of a startup environment, we want to hear from you! Let's change the future of brain health together.

Frequently Asked Questions (FAQs) for Business Development Manager Role at Beacon Biosignals
What are the primary responsibilities of a Business Development Manager at Beacon Biosignals?

As a Business Development Manager at Beacon Biosignals, your primary responsibilities will include identifying and building partnerships with large pharma and biotech companies, nurturing customer relationships, delivering compelling presentations, and supporting negotiations. You'll play a significant role in helping customers achieve their clinical development objectives leveraging our advanced EEG technology.

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What qualifications are required for the Business Development Manager position at Beacon Biosignals?

To qualify for the Business Development Manager role at Beacon Biosignals, candidates should possess a minimum of 3 years of experience in consulting within the biopharmaceutical industry, ideally with a focus on R&D or clinical development. An advanced degree in neuroscience, biomedical engineering, or a related field is also essential. Exceptional communication skills and a deep understanding of clinical trials are crucial to succeed in this role.

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What type of experience is preferred for the Business Development Manager role at Beacon Biosignals?

Beacon Biosignals prefers candidates for the Business Development Manager role to have experience in business development and sales within the neuroscience or neurotech realm. Familiarity with clinical strategy and operations, as well as a keen understanding of the biopharma landscape, will significantly enhance your candidacy for this position.

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How does the Business Development Manager at Beacon Biosignals contribute to customer success?

In the position of Business Development Manager at Beacon Biosignals, you will contribute to customer success by nurturing strategic relationships and providing scientifically-grounded insights that align with their clinical development initiatives. Collaborating with cross-functional teams, you will ensure our customers benefit from the full potential of our EEG technology.

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What skills are essential for a successful Business Development Manager at Beacon Biosignals?

Essential skills for a successful Business Development Manager at Beacon Biosignals include exceptional analytical abilities to interpret clinical data, strong communication skills to engage with diverse stakeholders, and a self-motivated, entrepreneurial mindset. Familiarity with CRM tools and industry intelligence will also be valuable in supporting business growth.

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Common Interview Questions for Business Development Manager
Can you describe your experience in business development within the biopharmaceutical industry?

When addressing your experience in business development, focus on specific projects or partnerships you've developed. Highlight your ability to identify opportunities, nurture relationships, and demonstrate the impact of your efforts through metrics or successful outcomes.

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How do you approach building relationships with key stakeholders in the medical field?

Effective relationship building involves active listening and understanding stakeholder needs. Discuss how you utilize your scientific knowledge to cultivate trust and ensure meaningful communication, adapting your outreach based on the audience’s expertise level.

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What strategies would you employ to pitch our EEG technology to potential partners?

Outline a structured approach for pitching, including understanding the partner’s needs, tailoring your message to highlight the specific benefits of Beacon's technology, and leveraging clinical data to bolster your claims. Incorporating success stories may also enhance your pitch.

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Can you give an example of a complex negotiation you have successfully navigated?

Share a narrative about a previous negotiation, detailing the challenges faced and the strategies employed to reach a mutually beneficial agreement. Emphasize your analytical skills and flexibility in accommodating different perspectives.

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How do you stay informed about trends and changes in the neurotechnology sector?

Discuss how you regularly consume industry reports, attend conferences, and engage with scientific literature and online forums. This shows your commitment to staying updated and suggests you can bring fresh insights to the team.

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What are some metrics you would use to assess the success of a business development initiative?

Identify key metrics such as new partnerships established, revenue growth from those partnerships, customer satisfaction ratings, and progress towards specific clinical development goals. Explain how these indicators provide insight into overall success.

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How do you manage multiple projects at once in a fast-paced environment?

Emphasize your prioritization skills and the tools or frameworks you use to stay organized, ensuring that you meet deadlines without compromising on quality. Discuss techniques for effective multitasking and maintaining communication with all parties involved.

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What role does empathy play in your business development strategies?

Illustrate how empathy informs your approach to understanding stakeholder needs and concerns. By being attuned to challenges they face, you can tailor solutions that drive mutual success, establishing a strong partnership.

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Can you describe how you would prepare for a presentation to a high-level audience?

Talk about your process for gathering data, structuring your presentation, and focusing on the key takeaways that would resonate with a scientific audience. Mention practicing your delivery and seeking feedback to improve your effectiveness.

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What motivates you to work in a startup environment like Beacon Biosignals?

Share your enthusiasm for innovation and the dynamic nature of startup culture, explaining how the challenges present exciting opportunities for growth and creativity. Connect this to your desire to make a meaningful impact in biotechnology.

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DATE POSTED
March 7, 2025

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