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Director of Business Development

Who is CorDx?  
 

CorDx a multi-national biotech organization focused on pushing the limits of innovation and supply in global health. With over 2,100 employees across the world, serving millions of users in over 100 countries, CorDx delivers rapid testing and point-of-care medical device solutions used in the detection of infectious disease such as COVID-19, pregnancy, drugs of abuse, biomarkers, and more. CorDx is at the cutting edge of technology, artificial intelligence, and data science with the goal of delivering diagnostic solutions to some of the most critical questions in healthcare.  

Position: Business Development Director 
Location: Onsite - Alpharetta, GA
Position Type: 5 days Onsite Exempt Position

Job Summary:

We are seeking an experienced and strategic Business Development Director to drive growth, partnerships, and revenue expansion within the biotechnology industry. This role is responsible for identifying new business opportunities, cultivating relationships with key stakeholders, and leading strategic initiatives to enhance market presence. The ideal candidate will have a strong background in biotech, life sciences, or pharmaceuticals, along with expertise in strategic partnerships, licensing, and market expansion.

Key Responsibilities:

  • 1. Strategic Planning & Commercialization
    • Develop and execute business strategies aligned with corporate objectives.
    • Lead full business cycles, including market entry, product expansion, and transformation during decline phases.
    • Implement pricing strategies, optimize channel mix, and allocate resources to balance short-term profitability with long-term growth.
    • Example: Created a 3-year growth roadmap that elevated market share from Top 5 to Top 2.
  • 2. Team Leadership & Organizational Development
    • Build and restructure medium-to-large teams, ensuring a strong talent pipeline.
    • Lead teams through cultural and structural mechanisms rather than direct authority.
    • Revitalize legacy teams to drive engagement and prevent stagnation.
    • Example: Transformed a commission-based sales team into a triad model (sales + solution + delivery), increasing efficiency by 50%.
  • 3. Resource Integration & Ecosystem Building
    • Establish and manage strategic partnerships across industries and regions, including government relations, supply chain alliances, and capital partnerships.
    • Design win-win partnership frameworks to enhance business growth.
    • Leverage external opportunities such as policy incentives, industry expos, and media PR.
    • Example: Partnered with industry associations to establish standards, making the company’s product a recommended industry solution.
  • 4. Data-Driven Operations & Risk Management
    • Utilize financial models (e.g., LTV, CAC) to optimize business performance.
    • Build and implement business health metrics, including cash flow alerts and inventory turnover strategies.
    • Identify and mitigate risks related to channel arbitrage, over-reliance on key clients, and compliance challenges.
    • Example: Implemented a dynamic pricing system to stabilize gross margins amid raw material price fluctuations.
  • 5. Change Leadership & Crisis Management
    • Navigate industry disruptions, such as regulatory shifts and technological obsolescence, leading successful transformations.
    • Manage enterprise-level crises, including brand reputation issues and executive departures.
    • Build team consensus through town halls, incentive realignment, and agile decision-making.
    • Example: Led a compliance overhaul in three months, retaining 80% of existing clients amid regulatory tightening.

  • Bachelor’s or Master’s degree in Life Sciences, Biotechnology, Business Administration, or a related field. An MBA or Ph.D. is a plus.
  • 10+ years of business development experience in the biotech, pharmaceutical, or life sciences industry.
  • Proven track record in strategic partnerships, licensing, and deal negotiations.
  • Strong network and relationships within the biotech and life sciences sector.
  • Ability to analyze market trends, competitive landscapes, and financial data to drive business decisions.
  • Experience with regulatory frameworks, intellectual property, and commercialization strategies is a plus.
  • More than 5 years team management experience.
  • Manage team subordinates more than 21.
  • The average job tenure is 30 months.
  • Life-science industry,IVD prefer.
  • Less 7 companies, no consulting experience.
  • Regulatory Understanding, Familiarity with FDA, IVDR, and other relevant regulations affecting biotech and diagnostics.
  • Market Analysis, Ability to assess market trends, competition, and business opportunities.
  • Medical Insurance Plan
  • Retirement Plan
  • Paid Time Off
  • Training & Development
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Average salary estimate

$125000 / YEARLY (est.)
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What You Should Know About Director of Business Development, Cordx

At CorDx, we're on a mission to revolutionize global health with innovative biotech solutions. We're searching for a passionate and experienced Director of Business Development to join our dynamic team. In this key role at CorDx, you'll harness your extensive background in the biotechnology, life sciences, or pharmaceuticals sectors to identify exciting new business opportunities and cultivate strategic partnerships. You’ll lead initiatives that enhance our market presence and drive revenue growth. Your days will be filled with strategic planning, where you'll develop and execute customized business strategies and pricing models that position CorDx as a leader in the industry. You’ll build and lead talented teams through transformation, create win-win partnership frameworks, and leverage data-driven operations to optimize performance. If you have a knack for building strong relationships and a proven track record of success, you could be the perfect fit for our CorDx family. Come be part of a culture that thrives on innovation and teamwork as we work tirelessly to deliver rapid diagnostic solutions to critical healthcare challenges worldwide. Join us in making a difference today!

Frequently Asked Questions (FAQs) for Director of Business Development Role at Cordx
What are the primary responsibilities of the Director of Business Development at CorDx?

The Director of Business Development at CorDx is primarily tasked with driving business growth, forming strategic partnerships, and leading initiatives that enhance market presence. This includes developing and executing business strategies, optimizing channel mixes, and navigating industry changes. They are also responsible for building and managing teams while ensuring a robust talent pipeline.

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What qualifications are required for the Director of Business Development position at CorDx?

To qualify for the Director of Business Development role at CorDx, candidates should hold a Bachelor’s or Master’s degree in Life Sciences, Biotechnology, Business Administration, or a related field; an MBA or Ph.D. is a plus. Additionally, they must have over 10 years of business development experience specifically in the biotech, pharmaceutical, or life sciences sectors.

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How does the Director of Business Development contribute to the market strategy at CorDx?

The Director of Business Development at CorDx plays a critical role in shaping market strategy by analyzing market trends and competitive landscapes. They formulate data-driven decisions to guide product expansion and manage the entire business cycle, ensuring alignment with corporate goals and long-term growth.

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What type of team management experience is required for the Director of Business Development at CorDx?

The Director of Business Development at CorDx needs to have more than 5 years of experience managing teams, specifically overseeing at least 21 subordinates. They should be adept at building and restructuring teams while maintaining high employee engagement and performance.

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What kind of company culture can the Director of Business Development expect at CorDx?

At CorDx, the culture is centered around innovation, collaboration, and a commitment to global health. The Director of Business Development will be part of a supportive environment that encourages strategic thinking, expertise sharing, and professional growth, all aimed at tackling the world's most pressing healthcare questions.

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Common Interview Questions for Director of Business Development
Can you describe your experience with strategic partnerships in the biotech sector?

When answering this question, focus on specific partnerships you've developed. Highlight your approach to identifying potential partners, the negotiation process, and how these partnerships have positively impacted business objectives.

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What strategies would you use to assess market trends for CorDx?

Discuss your methodologies for market analysis, including tools and frameworks you employ. Provide examples of how you've successfully identified opportunities and competitive threats in previous roles.

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How do you approach leading a large team through organizational changes?

Explain your leadership philosophy regarding team engagement and communication during transitions. Share real-life examples of successfully managing team dynamics through change while maintaining productivity.

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What is your experience with risk management in a business development context?

Detail your understanding of financial models and risk assessment techniques. Share examples where you've proactively identified risks and implemented strategies to mitigate them effectively in past roles.

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How have you successfully revitalized a struggling team or project?

Share a specific example where you led efforts to turn around a low-performing team or project. Highlight your strategic interventions and the results achieved from your initiatives.

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What role does data play in your decision-making process?

Discuss the importance of data-driven decision-making in business development. Provide examples of metrics you track and how you've leveraged data insights to guide your strategic choices.

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How would you navigate regulatory changes impacting CorDx's operations?

Show your familiarity with regulatory frameworks relevant to the biotech industry. Discuss your approach to staying informed about changes and how you've previously adapted strategies to comply with evolving regulations.

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Can you talk about a significant deal negotiation you've been involved in?

Share a detailed account of a successful negotiation, focusing on your preparation, tactics used, and the outcome. Emphasize your ability to find win-win solutions for all parties involved.

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What distinguishes your approach to business development from others?

Highlight your unique skills and experiences that differentiate your approach. Discuss your strategic thought process, interpersonal skills, and how you foster relationships that lead to sustainable growth.

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How do you ensure that business development strategies align with overall corporate objectives?

Explain your method for aligning business development efforts with corporate goals. This might include regular communication with leadership, participating in strategic planning sessions, and measuring the impact of your initiatives on corporate performance.

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CorDx’s foremost mission is to develop, manufacture, and distribute reliable, affordable diagnostic products that protect health and save lives

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Full-time, on-site
DATE POSTED
March 25, 2025

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