Director to VP of Business Development, Biologic and Biosimilar Products

Overview

Prinston Pharmaceuticals seeks an accomplished and strategic leader to serve as Director to VP of Business Development for its biologics and biosimilars segment. This pivotal role focuses on identifying portfolio opportunities, securing key partnerships, and leading U.S. market commercialization efforts.

Primary Duties

• Conduct comprehensive assessments to identify new biologic and biosimilar product opportunities and develop compelling business cases for executive consideration.
• Lead negotiations for partnership agreements involving licensing, co-development, and co-promotion with external entities.
• Forge and maintain strategic alliances with pharmaceutical, biotechnology, and research organizations on a global scale.
• Collaborate cross-functionally with departments including R&D, Regulatory, Medical Affairs, Legal, Finance, and Commercial to implement alliance and commercialization strategies.
• Design and execute U.S.-based market access and product launch plans for biosimilars.
• Manage a detailed database tracking current and prospective biosimilar pipeline products.
• Continuously analyze industry dynamics, competitive branded biologics, and emerging U.S. market formulations.
• Develop and oversee forecasting and analytics processes tailored to U.S. market factors such as Average Sales Price (ASP), payer contracting, and reimbursement environments.
• Support long-term growth agendas consistent with overarching U.S. business goals.

Required Qualifications

• Bachelor's degree in Biology, Business, Marketing, or closely related discipline is required; advanced degrees preferred.
• Proven direct experience with U.S. biosimilar commercialization imperative.
• At least 10 years in the pharmaceutical industry with five years managing project portfolios.
• Successful track record in U.S. pharmaceutical commercialization encompassing market access, pricing, and payer/provider/GPO interactions.
• Demonstrated capacity to negotiate and execute licensing and strategic partnership contracts effectively.
• Exceptional analytical skills, strategic thought leadership, and change management experience within complex global matrix structures.
• Strong communication, negotiation, and presentation proficiencies.
• Highly driven, able to work independently, and manage multiple intricate projects concurrently.
• Proficiency with Microsoft Office Suite including Excel, Word, Project, and PowerPoint.
• Availability for domestic and international travel as required.

Work Conditions

• Standard 8-hour shift, Monday through Friday.
• On-site location in Somerset, New Jersey.

Compensation and Benefits

• Annual salary ranging from $200,000 to $250,000.
• Benefits include 401(k) matching, dental, health, and vision insurance, life insurance, employee discounts, and paid time off.