Associate Director, Business Development - Search & Evaluation

Associate Director, Business Development - Search & Evaluation at Formation Bio is a high‑visibility role that drives the discovery and validation of next‑generation therapeutic targets across our New York, NY, USA and Boston, MA, USA hubs. Reporting directly to the VP of Business Development, you will shape the pipeline strategy by leading cross‑functional search initiatives, evaluating emerging science, and forging strategic partnerships that accelerate our mission to translate innovative biology into life‑changing medicines. Your work will influence investment decisions, guide portfolio prioritization, and position Formation Bio as a leader in the rapidly evolving biotech landscape. With a clear path to senior leadership, the role offers expansive growth—from leading larger multidisciplinary teams to influencing corporate strategy on a global scale.

- Lead end‑to‑end target search campaigns, integrating genomics, proteomics, and AI‑driven analytics to identify high‑impact opportunities.
- Conduct rigorous technical and commercial due diligence on external assets, assessing scientific merit, IP landscape, and market potential.
- Build and nurture relationships with academic innovators, CROs, and strategic partners to secure exclusive collaborations and licensing deals.
- Develop compelling business cases and pitch decks for internal stakeholders and external investors, translating complex data into actionable insights.
- Mentor junior business development analysts, fostering a culture of curiosity, data‑driven decision making, and continuous learning.
- Collaborate closely with R&D, regulatory, and finance teams to align discovery milestones with commercial objectives.
- Track industry trends, competitive intelligence, and emerging technologies to keep Formation Bio at the forefront of therapeutic innovation.

The ideal candidate blends deep scientific expertise in target validation with sharp commercial acumen and exceptional communication skills. You thrive in fast‑paced environments, navigate ambiguity, and influence senior leadership through data‑rich storytelling. Strong project management, negotiation, and network‑building abilities are essential, as is a proven track record of delivering strategic deals in biotech or pharma.

Joining Formation Bio means becoming part of a purpose‑driven organization where bold ideas are celebrated and impact is measured in patient outcomes. Our culture emphasizes collaboration, integrity, and relentless curiosity, empowering you to push scientific boundaries while advancing your career through mentorship programs, leadership training, and exposure to groundbreaking projects. As the industry pivots toward precision medicine and AI‑enabled discovery, this role sits at the nexus of science and business, offering a unique platform to shape the future of drug development. If you are ready to drive transformative growth and make a tangible difference in patients’ lives, the Associate Director, Business Development - Search & Evaluation position at Formation Bio is your next strategic move.