Full-Time

Senior Director – Business Development Biologics Lead

Posted on 3/7/2024

Ginkgo Bioworks

Ginkgo Bioworks

1,001-5,000 employees

Programs cells to produce custom organisms

Food & Agriculture
Biotechnology
Healthcare

Compensation Overview

$207kAnnually

+ Company Stock Awards

Senior, Expert

Remote in USA

Category
Project Management
Strategy Development
Business Development
Business & Strategy
Requirements
  • Minimum Bachelor's degree in engineering, and/or science; a PhD in Life Sciences is strongly preferred.
  • Worked in a large pharma environment (Sponsor, not CDMO or CRO)
  • Minimum 12 years of experience plus PhD (or equivalent experience with a Bachelor's); experience should include scaling up teams and coaching/developing leaders.
  • Demonstrated account management track record and experience in negotiating complex deals to build meaningful research collaboration partnerships
  • Business development experience with attractive deal sheets (buy- or sell-side)
Responsibilities
  • Accountable for Biologics deal targets to grow Ginkgo’s partnerships with external companies
  • Craft and pitch external narrative, value proposition, and technical offerings that attract customer interest
  • Manage matrixed and direct reports to plan and execute on a singular, cohesive strategy to grow the Biologics product vertical
  • Coordinate with enterprise account leads to cultivate new research collaboration deal opportunities with medium and large pharmaceutical companies
  • Collaborate closely with the deal transaction team to lead agreement discussions, structure deals and lead deal negotiations with potential partners; in addition to leading deals, support and mentor BD team members with deal sourcing, deal structuring and negotiations
  • Grow Ginkgo’s network within the biopharma ecosystem
  • Participate in long-term planning and annual operating planning to set the strategy and tactics for Ginkgo’s Biopharma commercial team
  • Represent Ginkgo at industry events and shape the SynBio agenda across the industry
  • Travel, as necessary, for conferences or partner meetings

Ginkgo Bioworks specializes in biotechnology by using cell programming technology to create custom organisms that can produce various products, including food ingredients, fragrances, and therapeutics. Their platform allows them to design and grow these organisms, effectively turning cells into small factories that generate valuable compounds. Ginkgo collaborates with a wide range of clients, such as companies in the food and beverage sector, pharmaceuticals, agriculture, and biosecurity, to develop tailored biological solutions. This collaborative approach sets them apart from competitors, as they focus on partnerships to drive innovation and ensure a steady revenue stream through service fees, milestone payments, and royalties. The company's goal is to be a leader in the biotechnology field by providing effective and customized solutions that meet the specific needs of their partners.

Company Stage

Grant

Total Funding

$1.5B

Headquarters

Boston, Massachusetts

Founded

2009

Growth & Insights
Headcount

6 month growth

-13%

1 year growth

-5%

2 year growth

-4%
Simplify Jobs

Simplify's Take

What believers are saying

  • Ginkgo's recent collaboration with Syngenta to fast-track biological solutions underscores its potential for rapid innovation in agriculture.
  • The company's involvement in high-profile projects, such as optimizing vaccine production with Moderna, positions it as a key player in critical global health initiatives.
  • Participation in major investor conferences and recognition in the biotechnology sector enhance Ginkgo's visibility and credibility, attracting potential investors and partners.

What critics are saying

  • Layoffs, such as the recent cut of 158 employees, could indicate financial instability or strategic misalignment.
  • The highly competitive nature of the biotechnology and synthetic biology sectors may pressure Ginkgo to continuously innovate to maintain its market position.

What makes Ginkgo Bioworks unique

  • Ginkgo Bioworks leverages advanced cell programming technology to create custom organisms, setting it apart from traditional biotech companies focused on genetic modification.
  • Their collaborative business model, involving partnerships with industry leaders like Cronos Group and Moderna, ensures a steady revenue stream and continuous innovation.
  • Ginkgo's diverse client base across food, agriculture, pharmaceuticals, and biosecurity sectors highlights its versatility and broad market reach.

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Benefits

Unlimited paid time off

Comprehensive health and parental leave benefits

Flexible work options

Commuter benefits

State-of-the-art labs, work spaces, and conference rooms

Competitive 401K contribution

INACTIVE