Director, Business Development - Search & Evaluation
Formation Bio · Boston, MA
Posted about 3 months ago · $235,000 - $307,000
or apply directly on Formation Bio's site. We never take the application ourselves.
Is this posting real?
- This role has been open
- 80 days Formation Bio's roles stay open a median of 80 days
- Reposted
- No
- Salary listed
- Yes 100% of Formation Bio's roles list one
- Ghost-job risk at Formation Bio
- high 23 stale, 0 reposted of 23 open
- Hiring momentum
- 29 roles opened in the last 90 days ↑ up vs. the prior 90 days
- Last confirmed on the employer's board
- 2026-10-22
Measured from postings appearing on and disappearing from Formation Bio's own greenhouse board since 2026-08-03. Full hiring picture for Formation Bio.
About this role
The Director of Business Development will be responsible for identifying, evaluating, and managing early-stage assets for Formation Bio's business development pipeline. This role involves leading deal teams from asset identification to transaction closing, collaborating with the business development team, and ensuring high-quality deal flow in designated outreach areas. The ideal candidate will leverage their scientific background and business acumen to build relationships across the biotech and pharmaceutical industries.
- benefits
- 2/5
- freshness
- 1/5
- career value
- 4/5
- role clarity
- 4/5
- pay transparency
- 5/5
Scored from the posting itself — how clearly the role is described, how much it says about pay and benefits, and how recently it was listed. Not a judgement of Formation Bio as an employer.
What you need
- PhD in biological science or MD with laboratory research experience
- 3-7 years of post-degree experience in scientific and business expertise
- Prior experience in biotech or pharmaceutical business development, venture capital investing, or life sciences consulting
- Strong network within the biotech and pharmaceutical industries
- Outgoing, motivated, and creative approach to business development
- Curiosity and insight around the role of AI in drug development
What you get
- Total Compensation Range: $235,000 - $307,000
- Equity
- Comprehensive benefits
- Generous perks
Worth weighing
- Hybrid model requiring 3 days per week in office
- Candidates must reside in or be willing to relocate to specific metro areas
- No specific mention of remote work options
Summarised from Formation Bio's posting. Read the full original.
Listed by Formation Bio on their greenhouse job board, last confirmed open on 2026-10-22. PitchMeAI is not the employer.
More roles at Formation Bio
- Director/Senior Director of Asset Quality AssuranceBoston, MA; New York, NY
- Associate Director, PharmacologyBoston, MA; New York, NY
- Associate Director, GMP QualityBoston, MA; New York, NY
- Senior Data ScientistNew York, NY; Boston, MA
- Lead Technical RecruiterNew York, NY; Boston, MA
- Principal Data Scientist, Medical ImagingNew York, NY; Boston, MA
- Senior Director or Vice President, ProductNew York, NY; Boston MA
- Associate Director/Director, Data Science (Real World Data)Boston, MA; New York, NY