The Foundation
We are the largest nonprofit fighting poverty, disease, and inequity around the world. Founded on a simple premise: people everywhere, regardless of identity or circumstances, should have the chance to live healthy, productive lives. We believe our employees should reflect the rich diversity of the global populations we aim to serve. We provide an exceptional benefits package to employees and their families which include comprehensive medical, dental, and vision coverage with no premiums, generous paid time off, paid family leave, foundation-paid retirement contribution, regional holidays, and opportunities to engage in several employee communities. As a workplace, weโre committed to creating an environment for you to thrive both personally and professionally.
The TeamThe Business Development & Licensing team provides transaction and negotiating support to the Program Strategy Teams (PSTs) to execute priority agreements with select private sector partners for access to key assets and technology for charitable purpose (excluding Strategic Investment Fund transactions: debt, equity, and volume guarantees). The team focuses on transaction execution for agreements as well as development and consistent implementation of best practices for engagement and negotiation of private sector agreements.
The Deputy Director for BD&L will support the foundationโs PST goals to identify and evaluate strategic business partners and licensing opportunities that will help execute and advance our PST strategies, in service to our charitable purpose. You will be accountable for coordinating and negotiating access to key assets and opportunities with both new and existing partners. You will align and partner closely with the program team and subject matter experts to develop appropriate agreement structure integrating the technical risk inherent in innovation projects. We are looking for a DD to partner with stakeholders focused on partnerships with for-profit biopharma companies around the world advancing global health across the foundation.
This role will ideally be based out of Seattle, Washington.
What Youโll Do
- Help structure and co-lead agreement transactions with PSTs that will take innovative global health assets (including drugs, vaccines and diagnostics) and technology platforms from the early concept stage through development to commercialization so that data, technology and products can successfully reach the ultimate beneficiaries in our target geographies of those underserved.
- Leverage biopharma experience to support PSTs with all aspects of the development and execution of private-sector engagement strategies that are aligned with Functional Strategy (e.g., global access and licensing of products, platform and enabling technologies, services). Evolve the foundationโs global access terms such as affordability, access, sustainability, and price which are essential in achieving our PST program goals.
- Leverage experience in negotiating multinational pharma and biotech company agreements including consideration of global government regulatory agencies and developing and implementing programs that support public good data sets that foster collaboration across sectors and disciplines.
- Act as the point of contact to organize and help lead agreement transaction teams across our global health portfolio Conduct due diligence of potential partners, support negotiation of agreement terms, gain internal alignment and support, and present clear assumption-based recommendations to executive leadership.
- Establish highly effective and collaborative relationships with key internal functions (e.g., Legal, Finance, Strategic Investment Fund, Foundation Strategy Office, Product Launch Team, and Alliance Management) to ensure effective transactional representation to execute the target agreements.
- Facilitate high-quality opportunity assessments and due diligence reviews (including benchmark comparable transactions and agreement structures, funding needs, Target Product Profile (TPP), current market conditions and landscape of potential partners for prioritized areas of interest.
- Lead partner review and the development of agreement recommendation documents as requested by the executive team and governance committee (including the President of the division, Chief Financial Officer, and General Counsel).
- Evaluate key inputs for commercial prospects and strategies with the Product Launch team to facilitate decision-making (e.g., opportunities in both High-Income Countries or solely for Low-and-Middle Income Countries).
- Concurrently manage multiple business opportunities across PSTs, with high complexity requiring consistent collaboration across external partners, projects and the building of internal alignment between PST and foundation objectives.
- Drive robust and timely decision-making working with a diverse array of stakeholders through all stages of agreements.
- Participate in active development of the foundationโs business development capabilities, processes and the sharing of best practices and lessons learned when engaging with the private sector.
- Support the PSTs as thought partners to develop key relationships with biopharma companies focused on our target areas in global health and other partners to enable establishment of partnerships that advance strategic goals.
- Identify synergies and strategic solutions for our global health strategy across the different PSTs and divisions.
This position reports directly to the Foundationโs BD&L Lead / Program Chief Financial Officer, Global Health
Your Experience
- 15+ yearsโ of biopharma industry experience which encompass extensive experience with executing complicated agreements across multiple therapeutic areas and modalities with multinationals.
- Minimum of a bachelorโs degree, plus 10+ years of demonstrated experience. Advanced degree preferred including MBA and/or PhD.
- Preference for experience in more than one functional area in a multi-national biopharma company (e.g., business development, product development, product management, marketing, commercialization, finance, legal, and/or intellectual property, etc.).
- Significant track record of leading and negotiating successful technology-related transactions required (including business terms such as intellectual property, data ownership, sharing, privacy and liability for multi-national biopharma companies).
- Experience negotiating with multinational corporations and companies based in low- and middle-income countries is highly desirable, including multi-partner partnerships.
- Experience leading and partnering with cross-functional business development diligence and agreement teams to completion, including in areas outside of technical expertise and across divisions and geographies.
- Previous work experience related to global health initiatives and aligning partnership incentives across non-profit and for-profit entities.
Skills and Qualifications
- Ability to negotiate commitments and timelines. Good knowledge of legal matters related to intellectual property and licensing contracts.
- Strong interpersonal and collaboration skills (preferably with experience navigating within highly matrixed environments and influencing stakeholders with and without authority).
- Must have an aptitude to quickly understand innovation, particularly involving new science and technology.
- Strong understanding of the basics of the competitive dynamics in the biopharma industry, particularly vaccines.
- Strong analytical capabilities (financial analysis and product P&L modeling preferred).
- Excellent verbal and written communication skills; highly capable of articulating our interests to varied audiences including experience presenting to company executive management teams.
- Strong decision-maker, able to appropriately articulate and balance tradeoffs, including in areas of high complexity.
- Demonstrated ability to operate with flexibility and creativity at both strategic and execution levels, implementing activities within tactical plans with a high level of complexity and ambiguity.
- An inclusive individual who thrives in a team-oriented and highly matrixed environment with experience serving many different internal and external constituencies. Active listening skills.
- Results and impact-oriented with a problem-solving mindset.
- Collaborative team player with a proven track record of enabling team-focused, collective success.
- Passion for the foundationโs mission.
- Ability to travel; both domestically and internationally (could be greater than 50% during transaction negotiations).
*Must be able to legally work in the country where this position is located without visa sponsorship.
The salary range for this role is $233,600 to $362,200 USD. We recognize high-wage market differences in Seattle and Washington D.C., where our offices are located. The range for this role in these locations is $254,70 to 394,700 USD. As a mission-driven organization, we strive to balance competitive pay with our mission. New hires salaries are typically between the range minimum and the salary range midpoint. Actual placement in the range will depend on a candidateโs job-related skills, experience, and expertise, as evaluated during the interview process.
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Hiring Requirements
As part of our standard hiring process for new employees, employment will be contingent upon successful completion of a background check.
Candidate Accommodations
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Inclusion Statement
We are dedicated to the belief that all lives have equal value. We strive for a global and cultural workplace that supports ever greater diversity, equity, and inclusion โ of voices, ideas, and approaches โ and we support this diversity through all our employment practices.
All applicants and employees who are drawn to serve our mission will enjoy equality of opportunity and fair treatment without regard to race, color, age, religion, pregnancy, sex, sexual orientation, disability, gender identity, gender expression, national origin, genetic information, veteran status, marital status, and prior protected activity.