Director, Business Development

Location: On-Site 4 days per week at our Menlo Park CA Miami FL or Princeton NJ office

About Summit:

Summit Therapeutics Inc. is a biopharmaceutical oncology company with a mission focused on improving quality of life increasing potential duration of life and resolving serious unmet medical needs. At Summit we believe in building a team of world class professionals who are passionate about this mission and it is our people who drive this mission to reality. Summits core values include integrity passion for excellence purposeful urgency collaboration and our commitment to people. Our employees are truly the heart and soul of our culture and they are invaluable in shaping our journey toward excellence.

Summits team is inspired to touch and help change lives through Summits clinical studies in the field of oncology. Summit has multiple global Phase 3 clinical studies including:

Non-small Cell Lung Cancer (NSCLC)

• HARMONi: Phase 3 clinical study which was intended to evaluate ivonescimab combined with chemotherapy compared to placebo plus chemotherapy in patients with EGFR-mutated locally advanced or metastatic non-squamous NSCLC who were previously treated with a 3rd generation EGFR TKI.

• HARMONi-3: Phase 3 clinical study which is intended to evaluate ivonescimab combined with chemotherapy compared to pembrolizumab combined with chemotherapy in patients with first-line metastatic NSCLC.

• HARMONi-7: Phase 3 clinical study which is intended to evaluate ivonescimab monotherapy compared to pembrolizumab monotherapy in patients with first-line metastatic NSCLC.

Colorectal Cancer (CRC)

• HARMONi-GI3: Phase 3 clinical study intended to evaluate ivonescimab in combination with chemotherapy compared with bevacizumab plus chemotherapy.

Ivonescimab is an investigational therapy not presently approved by any regulatory authority other than Chinas National Medical Products Administration (NMPA). Summit is headquartered in Miami Florida and has additional offices in California New Jersey the UK and Ireland.

Overview of Role:

The Director Business Development plays a critical role in advancing the companys external innovation strategy by identifying evaluating and supporting the execution of strategic partnerships or licensing opportunities. This leader works closely with the Department Head and cross-functional teams to drive company growth through external collaborations to include joint clinical trials. The ideal candidate brings strong scientific & business acumen transaction & alliance experience R&D operational capabilities and the ability to navigate complex strategic landscapes with speed rigor and creativity. This is a hands-on end-to-end experience role where youll engage on strategy searching and securing opportunities from a business development perspective as well as operationalizing and contributing to the departments maintenance of strategic alliances.

Role and Responsibilities:

• Cross-Functional Collaboration
  Partner with R&D Clinical Commercial Market Planning Legal and Finance teams to assess strategic fit risks and integration requirements for potential deals.
• Strategy & Scenario Planning
  Maintain a deep understanding of the oncology competitive landscape emerging modalities and deal trends to inform BD strategy and prioritization. Partner with internal experts and strategy team members to shape future scenarios and action plans.
• Opportunity Identification & Assessment
  Evaluate external assets platforms and technologies aligned with the companys oncology strategy and pipeline priorities. Ability to triangulate and prioritize opportunities.
• Transaction Support & Execution
  Support or lead deal processes including diligence external communication with potential collaborators coordinating contracting and related requirements and preparation of executive materials.
• Alliance & Relationship Management
  Contribute to collaboration alliance activities or clinical trial project oversight with partner governance and performance tracking of key alliances ensuring alignment with strategic objectives and operational milestones.
• Executive Communication
  Prepare high-impact presentations and recommendations for the Department Head or executive leadership translating complex data into actionable insights & plans. Ability to serve on joint committees and/or facilitate alliance working groups.
• Innovation Mindset & Strategic Agility
  Bring a proactive solutions-oriented approach to identifying whitespace opportunities and shaping external growth initiatives.
• All other duties as assigned.

Experience Education and Specialized Knowledge and Skills:

• Bachelors degree required; Advanced degree preferred (MBA Masters etc.). Dual scientific and business background is a strong plus.
• Minimum of 8 years of experience in biopharma with consulting or pharma investment with a focus on business development strategy and alliances.
• Prior oncology drug experience in late-stage development and/or commercial stage required; strong understanding of oncology drug development scientific platforms and global commercial dynamics.
• Experience supporting or leading pharma or biotech drug development licensing M&A or strategic partnership processes required.
• Understanding or experience in collaboration kick-offs joint clinical trial or project management to ensure successful contract implementation & relationship management.
• Proficient user of MS Office suite (e.g. PowerPoint Word Excel Project) experience using electronic document management systems document review tools and can quickly build presentations for leaders/teams.
• Prior experience with technology tools (e.g. Smartsheets MS Project) in planning maintenance and communication of information is highly desirable.
• Excellent communicator in public-speaking meeting facilitation and email communication
• Ability to excel in a fast-paced demanding and diverse environment that includes global virtual meetings outside standard business hours.
• Ability to travel key congresses collaboration meetings or business meetings to include semi-frequent travel to hub office locations in Summit territories.
• Role is primarily office-based.

The pay range for this role is $184500 - $230000 per year. Actual compensation packages are based on several factors that are unique to each candidate including but not limited to skill set depth of experience certifications and specific work location. This may be different in other locations due to differences in the cost of labor. The total compensation package for this position may also include bonus stock benefits and/or other applicable variable compensation.

Summit does not accept referrals from employment businesses and/or employment agencies in respect of the vacancies posted on this site. All employment businesses/agencies are required to contact Summits Talent Acquisition team at to obtain prior written authorization before referring any candidates to Summit.