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The Pfizer Ventures Partner is a senior role within Pfizer’s Worldwide Business Development/Business Innovation organization. This role will be expected to identify new investments, lead diligence, lead and negotiate term-sheets and definitive deal documents, build investment syndicates and execute/manage venture capital investments. This leader will actively manage investments in early-stage private biotechnology companies as a member of portfolio company boards of directors. New investments will be aligned with Pfizer’s scientific and business strategies, with the goal of providing strategic and financial benefit to Pfizer. Sourcing, executing and managing new investments is the key component of this role, as is the pursuit of strategic transactions between our portfolio companies and Pfizer.
Job Responsibility:
Member of the Pfizer Venture global team reporting to the Senior Managing Partner
Lead for new investment activity in China and responsible for executing alongside similar activities in the United States
Identify investment opportunities in private companies with breakthrough science/technology and strong leadership teams relevant to R&D strategy
Lead and execute transactions through diligence, financial analysis, negotiation, and legal documentation in conjunction with internal and external attorneys
Collaborate with Pfizer senior executives and R&D leadership to ensure new investment activities align with Pfizer’s strategic priorities
Work with company CEOs/management via board participation to build successful companies and biopharmaceutical products with ROI for Pfizer
Manage governance processes ensuring compliance with corporate and Pfizer Ventures procedures
Manage and track investments over time, providing data for financial reporting and presentations
Cultivate diverse relationships external to Pfizer within the global Biotech ecosystem
Knowledgably represent Pfizer in discussions with external audiences and routinely present and represent Pfizer Ventures at external meeting/conferences and forums
Requirements:
Advanced science/business degree preferred – PhD, MD, or MD/PhD with 10- 15+ years’ experience
Experience working on company boards, effectively communicating, advising, presenting to, and influencing C-Suite level leaders
Significant understanding of the biopharmaceutical model with at least fifteen years of relevant investing, biopharmaceutical drug discovery and development work experience
Demonstrated ability to collaborate and communicate with scientific and business leaders inside and outside the organization
Demonstrated ability to work independently as well as operate within team of peers across corporate functions
Skilled in use of Microsoft based business and AI software systems
Ability to travel globally 25-50%
Non-traditional work hours required on an as needed basis –early mornings, nights, weekends and during vacation time
This position requires permanent work authorization in the United States
Nice to have:
MBA preferred
Significant experience and track record in venture capital investing, equity research, business development, and/or equity capital markets or external facing R&D role is preferred
Extensive experience in a scientific research field of interest to Pfizer R&D: AI, Immunology and Inflammation, Oncology, Internal Medicine, Vaccines, or enabling technologies such as Protein Engineering, Drug Safety, Pharmacokinetics, etc.
Demonstrated ability to lead financing rounds and build strong syndicates
Experience working on private company boards and leading board committees
What we offer:
Participation in Pfizer’s Global Performance Plan with a bonus target of 30.0% of the base salary
Eligibility to participate in our share based long term incentive program
401(k) plan with Pfizer Matching Contributions and an additional Pfizer Retirement Savings Contribution
Paid vacation, holiday and personal days
Paid caregiver/parental and medical leave
Health benefits to include medical, prescription drug, dental and vision coverage
Relocation assistance may be available based on business needs and/or eligibility