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Business Development Associate at Healx
Cambridge, MA, US

There are over 7000 rare diseases, 95% of which are without an approved treatment,  Healx’s goal is to use its AI platform to accelerate the discovery of 100 rare disease treatments by 2025. To achieve this goal, Healx initiate drug discovery programmes and progress treatments through to clinical development, out-licensing or commercialisation. Healx will also built its rare disease pipeline through in-licensing, if appropriate. 

Healx is looking for a Business Development Associate, reporting to the Head of Business Development, to provide insights and recommendations for commercial decisions and support licensing activities of rare diseases assets.

Duties to include:

  • Licensing
    • Proactively monitor commercial, academic, and IP landscapes for all rare diseases therapeutic landscapes which may be relevant to the Healx pipeline.
    • Identify, evaluate, and support the transaction of BD opportunities that meet the strategic scientific, therapeutic, and commercial needs of Healx
    • Lead technical evaluation and due diligence efforts where appropriate
    • Work with pharmacologists and other Healx functional teams to build strong licensing packages
    • Provide support to the business development activities through the construction and analysis of valuation models.
    • Work with Healx functional areas to test and refine their inputs to valuation models, including both commercial and R&D assumptions.
    • Support transaction leaders in the development of deal terms & structures.
    • Engage & lead discussions with potential licensees /licensors.

 

  • Commercial evaluation of rare diseases
    • Build comprehensive therapeutic landscapes, treatment paradigms for rare diseases, through secondary research.
    • Liaise with pharmacologists, biocurators, and members of the technology team to integrate relevant information to build scientific and commercial cases
    • Provide commercial recommendations to the disease selection team, allowing strategic decision-decision making.
    • Commercial evaluation of Healx drug candidates : secondary research of drug characteristics, mechanisms of action and IP position
    • Provide analysis and recommendations for the progression of drug candidates towards pre-clinical validation in collaboration with pharmacologists

 

  • Commercial Evaluation of Healx drug candidates
    • Secondary research of drug characteristics, mechanisms of action and IP position 
    • Provide analysis and recommendations for the progression of drug candidates towards pre-clinical validation in collaboration with pharmacologists

 

Qualifications & Experience 

  • Ph.D., M.D. or equivalent degree is required; training in a biological (pharmacology /biology/biochemistry) discipline preferred
  • MBA or business qualification desirable but not essential
  • 3 years experience in a business analysis/business development position in Life science pharmaceutical sector or management consultancy
  • Experience engaging with external partners, leading and progressing deal negotiations is desirable
  • Must demonstrate scientific knowledge and gravitas to hold/drive meaningful scientific discussions
  • Proficiency in analysing financial results and understanding how to use the information to drive projects to decision point.
  • Understanding of IP: patentability, patenting process and freedom to operate
  • Deep knowledge/understanding of the drug development process
  • Ability to integrate scientific, technology and commercial input into decision making processes
  • Teamwork is essential for this role



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