Vir Biotechnology, Inc. is a clinical-stage biopharmaceutical company focused on powering the immune system to transform lives by discovering and developing medicines for serious infectious diseases and cancer. Its clinical-stage portfolio includes programs for chronic hepatitis delta and multiple PRO-XTEN® dual-masked T-cell engagers across validated targets in solid tumor indications. Vir Biotechnology also has a preclinical portfolio of programs across a range of infectious diseases and oncologic malignancies.
Vir Biotechnology has exclusive rights to the universal PRO-XTEN® masking platform for oncology and infectious disease. PRO-XTEN® is a trademark of Amunix Pharmaceuticals, Inc., a Sanofi company.
We believe the success of our colleagues drives the success of our mission. We are committed to creating a company where everyone feels supported and encouraged to give their best.
THE OPPORTUNITY
The Vice President, Business Development Transactions (Temporary) will serve as the Company's senior transaction lead for strategic partnering activities, with primary responsibility for structuring, negotiating, and executing complex business development transactions involving the Company's oncology portfolio. Reporting to the Chief Business Officer, this individual will provide expert transactional leadership across the full deal lifecycle, including confidentiality agreements, term sheets, diligence processes, definitive agreements, and post-signing governance support.
The successful candidate will partner closely with Research, Development, Commercial, Finance, Legal, Intellectual Property, Alliance Management, and Executive Leadership teams to maximize the value of the Company's clinical-stage and preclinical oncology assets through regional and global licensing, co-development, co-commercialization, collaboration, option, and platform transactions.
This role requires exceptional deal judgment, strong negotiation skills, deep understanding of biopharmaceutical transaction structures, and the ability to drive negotiations with senior executives and external counsel representing global biotechnology and pharmaceutical companies.
WHAT YOU'LL DO
Transaction Leadership
- Lead, or support the CBO in leading, the negotiation and execution of strategic partnering transactions involving oncology therapeutics, technology platforms, and related intellectual property.
- Serve as one of the Company's principal negotiators for non-binding term sheets, letters of intent, option agreements, collaboration agreements, license agreements, co-development agreements, and other strategic transactions.
- Develop transaction structures and economic frameworks that maximize asset value while aligning with corporate objectives.
- Identify key business, legal, regulatory, intellectual property, financial, and operational risks and develop strategies to mitigate such risks during negotiations.
- Drive transactions from initial engagement through signing and closing, coordinating all internal stakeholders.
Deal Strategy and Structuring
- Advise senior management regarding optimal transaction structures, including:
- Global and regional licensing arrangements
- Co-development and co-commercialization partnerships
- Platform and technology licensing transactions
- Research collaborations
- Option-to-license structures
- Asset acquisitions and divestitures
- Develop and negotiate financial terms, including:
- Upfront payments, development and regulatory milestones, commercial milestones, royalties
- Profit-sharing arrangements
- Cost-sharing mechanisms
- Equity investments and related strategic considerations
Negotiation and Contracting
- Lead negotiations with counterpart business development teams, senior executives, and external counsel.
- Work closely with internal and external legal counsel to negotiate definitive agreements.
- Ensure alignment between business objectives and contractual provisions.
- Maintain consistency in transaction precedents, templates, and negotiation playbooks.
Portfolio and Business Development Support
- Support evaluation of partnering opportunities for oncology programs and technology platforms.
- Contribute to business case development and valuation analyses.
- Provide transactional expertise during partner outreach, management presentations, and negotiations.
