Associate Business Development Director

As the Associate Business Development Director at Ultima Genomics, you will be instrumental in executing the company's business strategy. Your role encompasses identifying and negotiating ecosystem partnerships, overseeing market research, managing partnerships, driving revenue through licensing deals, and collaborating with diverse internal teams. You will represent Ultima at industry events, contributing to impactful collaborations that accelerate product development and growth.

Candidates for the Associate Business Development Director position at Ultima Genomics should have a BS in business, life sciences, or a similar field; an advanced degree is preferred. With over 7 years of corporate business development experience, a deep understanding of Next Generation Sequencing and genomics is crucial. Strong communication, leadership capabilities, and proficiency in Excel and PowerPoint are also essential.

Experience in the life sciences tools space, especially with Next Generation Sequencing, In Vitro Diagnostics, and strategic partnerships in biotechnology will enhance your candidacy for the Associate Business Development Director role at Ultima Genomics. Having an extensive network within the research and drug development sectors is a significant advantage.

At Ultima Genomics, career development is a priority. As an Associate Business Development Director, you will have opportunities to collaborate with senior leadership and to drive projects that are pivotal to the company's growth. By immersing yourself in various commercial initiatives and contributing to strategic decisions, you will gain invaluable experience and leadership skills that position you for future advancement.

The Associate Business Development Director role at Ultima Genomics offers a competitive salary range between $170,000 and $200,000. The final base pay will be determined based on your individual qualifications and experience. Additionally, this position is eligible for a comprehensive benefits package that includes health insurance, retirement plans, and paid time off.

When answering this question, highlight specific roles where you’ve successfully developed strategies or partnerships in the life sciences industry. Include metrics to quantify your successes, such as revenue growth or partnerships formed, to showcase your impact.

Discuss your approach to market research, including tools and techniques you utilize to gather data on emerging trends. Emphasize your ability to synthesize information into actionable insights that drive business development initiatives.

Share examples of past negotiations you've led, focusing on your tactics for fostering collaboration and ensuring mutual benefit. Highlight your communication skills and ability to navigate complex discussions to reach agreements.

Describe your communication strategies and collaborative efforts with cross-functional teams, including R&D, marketing, and legal divisions, to ensure everyone is aligned on business objectives.

Discuss your familiarity with NGS and its applications in life sciences. Highlight any relevant projects or collaborations that demonstrate your understanding and experience in utilizing these technologies.

Frame your response using the STAR method (Situation, Task, Action, Result). Detail the context of the partnership, the strategy you developed, the execution process, and the positive outcomes achieved.

Talk about the importance of strategic thinking, adaptability, effective communication, and networking. Provide examples that demonstrate how these factors have contributed to your success in business development.

Showcase your resilience by sharing techniques you use to navigate obstacles, such as seeking feedback, adjusting strategies, or leveraging your network for support, which ultimately lead you to achieve your objectives.

Discuss your commitment to continuous learning through industry publications, conferences, webinars, and networking with experts. Mention how you apply this knowledge to enhance your business development strategies.

Share your passion for improving human health and advancing scientific discovery. Discuss how witnessing tangible impacts from your work motivates you to pursue partnerships that lead to innovative solutions in healthcare.