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Director of Corporate & Business Development (Transactions and S&E)

Scholar Rock's Corporate and Business Development (C&BD) team is responsible for Corporate Strategy, Corporate Development, Business Development, Inorganic Value Creation, maximizing pipeline progress, de-risking, and non-dilutive financing. Reporting to the CBO, this role focuses on developing a partnering strategy, identifying and triaging opportunities, leading cross-functional due diligence teams, and negotiating a variety of deals (in-licensing, collaborations, etc.) across the pipeline. This position serves as a key external-facing leader and subject matter expert within the C&BD team, representing BD efforts and leading short-term cross-functional teams in a matrix environment.


Key Responsibilities:
  • BD Opportunity Landscape: Continuously scout and update a comprehensive landscape of BD opportunities within the designated therapeutic area (TA), aligning partner targets with SRRK’s priorities.
  • BD Opportunity Triage: Screen and assess unsolicited external proposals to determine business viability, prepare recommendations on proposals that cover strategic, technical, financial, commercial and legal aspects, involving the respective departments
  • External Relationships: Build and maintain strong relationships with senior management and BD groups from potential partner companies, technology transfer groups, academic institutions, and the venture capital community.
  • Deal Execution: Identify, evaluate, and transact deals aligned with C&BD strategy and SRRK’s sustainability goals. Lead scouting efforts at key conferences (JPM, BIO, and TA-specific events).
  • Partnering Interactions: Work closely with Research, Finance, Development, and Commercial teams to prospect, negotiate, and close BD deals that enhance SRRK’s pipeline. Serve as the main point of contact for external partners, including pharmaceutical companies, biotech firms, academic institutions, and other collaborators.
  • Due Diligence & Negotiation: Lead external scouting, technical evaluation, and due diligence, preparing scientific and business rationales for transaction proposals. Negotiate terms on in-licensing, out-licensing, co-promotions, research collaborations, and other deals.
  • Internal Collaboration: Support SRRK project teams (discovery, development, and marketing) in partnering activities, ensuring cross-functional alignment. Act as a thought partner to Research, Development, Finance, and Commercial Heads, driving innovative approaches to partnerships.
  • Industry Knowledge: Stay current on industry trends, therapeutic approaches, and regulatory/commercial issues. Maintain thorough knowledge of SRRK’s portfolio and R&D processes to articulate partnering goals and practices effectively in public forums.


Required Qualifications
  • Ph.D., M.D., MBA, or equivalent degree with 10+ years post-degree experience, preferably in biopharma, with training in business analytics or commercial disciplines.
  • At least 5 years’ experience in global deal negotiations, with a proven track record of sourcing partners and closing deals in discovery, preclinical, and commercial areas. A comprehensive deal sheet demonstrating executed deals is required.
  • Significant experience in drug development processes (preclinical to commercial) and strong scientific acumen to engage in technical discussions with KOLs and academic experts.
  • A well-established network within the pharma/biotech industry and deep knowledge of innovative alliance structures, industry trends, and competitive issues in pharmaceutical business development.
  • Strong leadership, communication, and planning skills, with demonstrated success working in a matrix environment and achieving consensus with cross-functional stakeholders.


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What You Should Know About Director of Corporate & Business Development (Transactions and S&E), Scholar Rock

Are you ready to take on a pivotal role as the Director of Corporate & Business Development at Scholar Rock in Cambridge, MA? In this engaging position, you'll be at the heart of our Corporate and Business Development team, leading efforts in corporate strategy and value creation. Your expertise will guide our partnering strategy as you identify various opportunities and steer cross-functional due diligence teams through negotiations. Whether it's in-licensing or collaborations, you'll be a key external-facing leader, representing our business development initiatives. You'll maintain a pulse on the BD opportunity landscape, screening unsolicited proposals and building robust relationships with senior management from potential partner companies. Your analytical skills will play a crucial role in evaluating deals that align with Scholar Rock's strategic goals. Collaboration is key; you'll be working closely with our Research, Finance, and Development teams to ensure our pipelines are thriving. Staying updated on industry trends and regulatory issues will empower you to effectively communicate our partnership goals. If you have a Ph.D., M.D., or MBA with over ten years of relevant experience in biopharma, we invite you to bring your vision and leadership to our team and help enhance the future of our therapeutic areas.

Frequently Asked Questions (FAQs) for Director of Corporate & Business Development (Transactions and S&E) Role at Scholar Rock
What are the responsibilities of the Director of Corporate & Business Development at Scholar Rock?

In your role, you'll assess business viability across various proposals, keep in sync with our Research and Commercial teams, and serve as the main contact for external partners. This critical position ensures Scholar Rock navigates the biopharma landscape effectively.

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What qualifications are needed for the Director of Corporate & Business Development role at Scholar Rock?

Candidates must demonstrate strong leadership and communication skills, having successfully navigated matrix environments to achieve consensus among cross-functional stakeholders.

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How does the Director of Corporate & Business Development contribute to the success of Scholar Rock's pipeline?

Furthermore, you will support project teams by ensuring that partnering activities align with our strategic goals and enhance the progress of our pipelines.

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What experience is required for negotiating deals as the Director of Corporate & Business Development at Scholar Rock?

Your experience will help in engaging in technical discussions and navigating the complexities of partnerships with various stakeholders.

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What industry knowledge is important for the Director of Corporate & Business Development at Scholar Rock?

Your industry knowledge will enhance your ability to engage in informed discussions and foster valuable partnerships.

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Common Interview Questions for Director of Corporate & Business Development (Transactions and S&E)
Can you describe your experience with global deal negotiations?

When responding to this question, outline specific negotiations you've led, focusing on your role and the outcomes achieved. Highlight your skills in sourcing partners and closing deals, and don't forget to mention any significant deals that match the requirements at Scholar Rock.

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How do you approach building relationships with potential partners?

A strong strategy for building relationships is key. Talk about your proactive efforts in networking, attending industry events, and engaging with BD groups. Emphasize your ability to nurture and maintain these relationships for long-term success.

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What criteria do you use to evaluate business development opportunities?

Discuss your comprehensive assessment process, which includes strategic, technical, financial, commercial, and legal aspects. Illustrate with examples of successful assessments that led to valuable partnerships.

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Can you share an example of a challenging negotiation and how you resolved it?

Provide a detailed account of a challenging negotiation, focusing on the problems faced, your strategies for resolution, and the ultimate result. Highlight your negotiation skills and ability to adapt under pressure.

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What strategies do you implement to ensure cross-functional alignment?

Talk about your approach to collaboration by discussing regular meetings, updates, and using integrated project management tools to keep teams aligned on goals and expectations in projects.

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How do you keep yourself informed of industry trends?

Discuss your methods for staying up-to-date, such as attending conferences, subscribing to industry publications, and engaging with thought leaders in the biopharma sector. Share how this knowledge informs your decision-making.

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What is your experience with due diligence in business development?

Highlight your extensive experience conducting due diligence, including how you assess the scientific and business rationales of potential deals. Share examples that demonstrate your keen eye for detail and thorough analysis.

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How do you handle conflicting priorities within a matrix environment?

Explain your strategies for managing conflicting priorities effectively, such as using a collaborative approach, maintaining open lines of communication with stakeholders, and employing time management skills to balance responsibilities.

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What tools and methodologies do you use for market analysis?

Share the tools and methodologies you regularly use for market analysis, including market research databases, SWOT analysis, and competitive landscape mapping. Emphasize how these tools have informed your strategic decisions in the past.

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Why are you interested in joining Scholar Rock as the Director of Corporate & Business Development?

This is your chance to express your genuine interest in Scholar Rock. Discuss what specifically attracts you to the company, its mission, and how your background aligns with its goals in advancing therapeutic development.

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Full-time, on-site
DATE POSTED
December 2, 2024

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