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ITF Therapeutics

Senior Director of Business Development

ITF Therapeutics, Concord, Massachusetts, us, 01742

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Reports To: Head, Portfolio Strategy & Business Operations About This Role:

The Senior Director of Business Development (Search & Evaluation) will lead the scouting, identification, and prioritization of external partnership and in-licensing opportunities that advance the company’s rare-disease strategy.

This role will focus on sourcing and assessing innovative programs – particular with the U.S and China innovation ecosystems – and coordinating cross-functional evaluations to advance high-value opportunities to the deal development stage in accordance with the corporate BD decision making process.

The ideal candidate combines strategic thinking, scientific depth, market awareness, and cross-functional leadership to connect external innovation with internal portfolio and growth priorities.

This is a strategic role, tightly integrated with Corporate Business & Portfolio Development (B&PD), to guarantee global alignment prioritization, valuation and transaction execution.

What You’ll Do:

Scouting and Identification

Proactively source differentiated external innovation across prioritized therapeutic and technology areas.

Maintain deep knowledge of market trends, emerging technologies and competitive landscapes to anticipate emerging opportunities and white space areas.

Build and nurture relationships with biotech and pharma companies, VCs, incubators and academic institutions, with a focus on the US and China markets.

Evaluation & Analysis

Drive initial opportunity evaluation, including scientific, clinical, regulatory, and commercial assessment, in close collaboration with internal functional experts and ensuring alignment with B&PD evaluation frameworks and governance.

Lead cross-functional assessment teams (R&D, Regulatory, Medical, Commercial, Finance, Legal) to evaluate strategic fit, technical feasibility and value potential.

Translate opportunity assessments into clear business cases and present recommendations to Corporate B&PD, executive leadership and the Board of Directors.

Cross Functional & Corporate Partnership

Serve as the interface between US and Corporate BD, aligning on search priorities, evaluation criteria and portfolio strategy.

Build organizational understanding of China’s innovation flow, licensing dynamics, partnership ecosystems and regulatory environment.

Partner with Corporate BD on due diligence and contribute to validation and risk assessments to advance opportunities to transaction discussions.

Support Corporate BD in negotiation and execution of transactions, providing scientific, clinical and commercial insights to inform deal structures and decisions.

Provide regular and structured reporting on asset pipeline, scouting status, and recommendations to Corporate B&PD.

Strategic & Organizational Impact

Contribute to the evolution of the company’s growth strategy by identify external innovations that address unmet needs or strengthen existing capabilities.

Develop and execute business development strategies aligned with corporate goals.

Represent the company at relevant events and leverage network to build and expand relationships with biotech/pharma companies, academic institutions, and investors.

Up to 35-45% domestic and international travel for conferences, partner meetings, and site visits.

Who You Are: The ideal candidate combines strategic thinking, scientific depth, market awareness, and cross-functional leadership to connect external innovation with internal portfolio and growth priorities. This is a strategic role, tightly integrated with Corporate Business & Portfolio Development (B&PD), to guarantee global alignment prioritization, valuation and transaction execution.

Required Skills:

5-10 years of experience in business development, search & evaluation, corporate strategy, investment banking, or venture scouting within the biotech/pharma industry.

Advanced scientific or business degree (e.g. PhD, PharmD, MBA) preferred.

Strong scientific literacy and deep understanding of drug development, regulatory pathways, and commercialization in rare diseases.

Proven ability to source, evaluate and prioritize external opportunities, integrating scientific and business perspectives to develop strategic recommendations.

Experience leading or contributing to cross-functional due diligence and business case development.

Deep familiarity with global biotech innovation ecosystems, ideally with experience in China or other major emerging biotech hubs.

Excellent relationship building and communication skills and demonstrated ability to work collaboratively with both scientists and management.

Ability to thrive in a fast-paced, entrepreneurial environment.

Collaborative and culturally agile across global & international teams.

Preferred Skills:

Strong analytical skills; experience with financial modeling and valuation a plus.

Additional Information: The base compensation range for this role is: $275,000.00-$320,000.00. Compensation is determined through an analytical approach utilizing a combination of factors including, but not limited to, relevant skills & experience, job location, and internal equity.

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