Title: VP, Business Development, Search & Evaluate
Date: Apr 26, 2024
Company: Sun Pharmaceutical Industries, Inc (USA)
Company Overview:
Sun Pharma is the world’s fourth largest specialty generics company with presence in Specialty, Generics and Consumer Healthcare products. Supported by more than 40 manufacturing facilities, we provide high-quality medicines, trusted by healthcare professionals and patients, to more than 100 countries across the globe. Over the last two decades, Sun Pharma has established itself as a leading player in the generics market in the U.S., and we are rapidly ramping up our presence in the specialty branded market with a focus on dermatology, ophthalmology and onco-dermatology.
Description:
Sun is seeking a VP within its Business Development group in Princeton, NJ. The VP will report into Chief Strategy Officer and will be responsible for leading Search & Evaluate process for Licensing and M&A opportunities in the US/EU/China.
Responsibilities:
- Collaborate with extended Business Development and specialty therapy area teams to refine Sun’s strategy for growth in current areas of ophthalmology, dermatology, and onco-derm; and evaluate opportunities to expand into additional therapy areas such as oncology and rheumatology.
- Build and lead a team of S&E professionals in US, EU and in China.
- Identify and track licensing opportunities consistent with defined strategy.
- Develop and manage strategic partnerships with key biotech and pharma companies to grow Sun’s business.
- Create and implement processes to monitor projects and ensure timely decision making at governance meetings.
- Make presentations to company senior executives, internal and external.
- Work cross-functionally with Transactions and Legal teams to prepare Term Sheets and Licensing Agreements.
- Serve as a member of the negotiations team; track and report on the status of proposal components.
- Strong record of accomplishment in Business Development and contributions to deals (deal sheet required).
- Strong leadership and team management skills, with experience leading and working with cross-functional teams.
- Strong problem-solving and decision-making capabilities, with the ability to navigate complex challenges.
- Industry Awareness: Stay current with industry trends, emerging therapies, and advancements in clinical trial methodologies.
- Interpersonal Skills: Collaborative and able to build strong relationships with internal teams and external partners.
- Contributes to a team culture that promotes continuous improvement, ownership, professional growth, and inclusion.
Qualifications:
- PhD or MD/PhD with expertise in immunology, dermatology and/or rheumatology. Post-doctoral experience a plus. Experience in leading Business Development activities in pharma and/or biotech a requirement.
- 15+ years of biotech and/or pharma business development.
- International experience (including EU and China).