Lipocine Inc. (NASDAQ: LPCN – is a publicly traded biopharmaceutical company developing innovative products to treat neuroendocrine and metabolic disorders. We are currently seeking a qualified, self-motivated, excellent team player who exhibits outstanding communication and interpersonal skills to grow with the company as a full-time Leader in Business Development and Alliance Management. Lipocine offers excellent growth opportunities and a competitive compensation and benefits package commensurate with expertise and is an equal opportunity employer.
Position: Director/Senior Director responsible for Business Development activities within the company.
This position is responsible for the identification, pursuit and acquisition of strategic business opportunities including mergers, acquisitions, partnerships, alliances, joint ventures, and licensing agreements that fit within the overall corporate strategy, business plan and product portfolio. In conjunction with senior leadership, this individual will assist in the development of short and long-range strategic plans for Lipocine.
This individual will collaborate cross-functionally with team members (Research, Development, Regulatory, Commercial, Finance, Legal, Intellectual Property, and other colleagues as appropriate) in the objective scientific and business assessment of third-party candidates in support of business opportunities.
Essential duties and responsibilities include but are not limited to the following:
- Structure and secure strategic partnerships, licensing agreements and promotion agreements to exploit new business opportunities by developing proposals with thorough financial and qualitative analysis, negotiating key business terms, and driving to contract execution.
- In conjunction with executive leadership, lead and participate in the screening, identification, analytics, preliminary evaluation, and recommendation process of new business opportunities to in-license or acquire assets toward the goal of product development.
- Support and participate in the screening, identification, and business evaluation of potential company or product portfolio acquisitions which complement strategic fit and/or fill existing gaps.
- Present the justification of such opportunities to management for further evaluation.
- Work with R&D and other relevant teams to monitor market/industry trends as well as evaluate, provide insight, and recommend new science and technologies which can complement current and future pipeline development needs.
- In partnership with cross-functional colleagues, assist in identifying risks, solutions and risk mitigation strategies in the context of changing internal and external factors.
- Facilitate timely and fact-based decision making.
- In conjunction with executive leadership, foster relationships with third parties to enhance immediate awareness of market and business opportunities of all types.
- Lead negotiations with third parties.
- Alliance management of partnered products.
Requirements:
- 8-10+ years business development experience in Pharma/Bio industry.
- Knowledge of Pharmaceutical product development and relevant scientific technologies.
- Outstanding skills in communication, negotiation, strategy, financing, business, economics, leadership, critical thinking, and cross-functional partnering.
- Interact with all levels of the company cross-functionally including the Executive Committee. Also interacts with KOLs, vendors, community leaders, business, scientific and physician thought leaders.
- Experience in R&D, commercial, market research, or equivalent experience desirable.
- Demonstrated negotiation skills.
- Experience working in a deadline-oriented environment with a high attention to quality.
- Exceptional multi-tasker who can set priorities, stay focused and meet key milestones.
- Self-starter with the energy, drive, and determination to accomplish goals.
- Collaborative team player who can motivate colleagues, lead cross-functional teams and drive toward objectives.
- Travel and conference and meeting attendance required.
- PC literacy required; MSOffice skills (Outlook, Word, Excel, PowerPoint).
Education:
- Bachelor’s or an advanced degree in business/science preferred.
About Lipocine:
Lipocine Inc. is a biopharmaceutical company developing innovative pharmaceutical products for neuroendocrine and metabolic disorders using its proprietary drug delivery technologies. Lipocine’s product and product candidates include: TLANDO, an FDA approved differentiated oral product to treat hypogonadism and the R&D portfolio comprising of LPCN 1148 for treatment of liver cirrhosis, LPCN 1144 for treatment of non-cirrhotic NASH (nonalcoholic steatohepatitis), LPCN 1111, a novel once a day treatment for symptoms of low testosterone for men, LPCN 1107, which has the potential to become the first oral hydroxyprogesterone caproate product indicated for the prevention of recurrent preterm birth, LPCN 1154 for at home treatment of postpartum depression, and LPCN 2101 for treating women with epilepsy.
Lipocine's corporate office is based in scenic Salt Lake City, Utah, which is near a variety of internationally recognized summer and winter parks and recreation areas. Salt Lake City generally rates in the top 10 locations to live in national surveys.
Please email your CV to , or fax to (801) 994-7388.
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