External Innovation, Associate Director
Vertex Pharmaceuticals
- Location
- Boston, MA
- Work model
- On-Site
- Level
- Senior
- Salary
- $170.4k – $255.6k/yr
- H-1B history
- 31 approvals (FY2023)
About this role
Job Description
General Summary The Associate Director, External Innovation reports into the Executive Director, External Innovation and Portfolio Operations , and is responsible for conducting scientific, clinical and commercial analysis, monitoring company/technology ev o lu t ion across the bio pharma landscape and contribute to the evaluation of collaboration /acquisition opportunities that are aligned with the corporate strategy. As a member of the External Innovation team, y ou will contribute across phases of evaluation of external opportunities , participate to cross-functional projects with the transaction s and alliance management teams , and manage cross-functional relationships to ensure communication and alignment across stakeholders.
Responsibilities
Conducts analysis and tracks opportunities and topics for landscape analysis , and companies for evaluations Prepares materials and evaluation summaries to inform decision-making, including organizing, documenting, interpreting and coherently summarizing cross-functional input of new technology landscaping projects & external business opportunities in the pharmaceutical, biotechnology and academic arenas Participates as a member of evaluation teams in planning, coordinating, and executing rigorous research and evaluation of assigned idea/target Builds and maintains relationships with transaction and al liance management teams, and ensures communication and coordination across departments Participates in engagement with scientifi c and clinical subject matter experts , across various functional areas (R&D, Regulatory, Manufacturing etc.). Coordinates organizational governance meetings including BD meetings internally and externally with appropriate evaluation teams Utilizes technology-enabled tools to increase scientific insights and improve operations, process and knowledge management. Knowledge and Skills Broad-based scientific training supporting high learning agility across fields relevant to drug discovery, development and commercialization Understanding and application of basic economic, commercial and financial factors driving value creation (business acumen) A bility to a pply scientific, clinical, regulatory and commercial expertise as well as knowledge of the external landscape , to help shape program strategy and drive program decisions Ability to s ynthesize diverse data and information sources into actionable insights and recommendations Ability to d evelop independently and deliver clear audience-tailored slide decks and other communications to build internal stakeholder support and alignment (inclusive of senior management) Effective communication and negotiation skills Demonstrate d leadership skills including impact on cross-functional teams output Position Requirements: Advanced scientific degree (Ph.D., M.D., Pharm.D., D.V.M., etc.) 7+ years of biotechnology or pharmaceutical industry experience, preferably with drug discovery and early development experience; e quivalent combination of education and experience will be considered. Experience as a sell-side or consulting analyst preferred; experience modeling mature markets a plus. Pay Range: $170,400 - $255,600 Disclosure Statement: The range provided is based on what we believe is a reasonable estimate for the base salary pay range for this job at the time of posting. This role is eligible for an annual bonus and annual equity awards. Some roles may also be eligible for overtime pay, in accordance with federal and state requirements. Actual base salary pay will be based on a number of factors, including skills, competencies, experience, and other job-related factors permitted by law. At Vertex, our Total Rewards offerings also include inclusive market-leading benefits to meet our employees wherever they are in their career, financial, family and wellbeing journey while providing flexibility and resources to support their