Business Development Associate Director, Japanese
University-launched Bioventure
CDS has
completed a search on Associate Director for Business
Development Department at a Japanese Bio venture. This
client is a University-launched bioventure that has a
good repetition among the industry. This company has
gone through a number of successful rounds of capital
fund-raising and is considering IPO in the near future.
Since
the client’s business strategy is to out-license their
own drug formulations after development, they were
specifically looking for someone who could develop
partners in the overseas markets. As this was a critical
position in the organization, which would have direct
impact on the company’s valuation and would directly
impact IPO, the selection criteria were extremely high.
The ideal candidate would be a native English speaker
with Japanese fluency, have extensive experience in
business development with a track record of successful
licensing deals in the pharmaceutical industry, a vast
network of contacts in the US and Europe, and an MBA
holder with strong financial knowledge, currently
residing in Japan. We were able to utilize the
extensive network of one of our non-Japanese consultants
to quickly and exhaustively identify all potential
candidates currently in the market.
We
ultimately presented the two of the finalists for the
position and the client was extremely satisfied with
their selection of the candidate who is already having a
significant impact on their business in developing
potential overseas partners.
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