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Biotech Business Development Jobs in Chicago, IL

Job Purpose The Business Development Manager (BDM) is responsible for accelerating profitable ... Build and maintain strategic relationships across pharmaceutical companies, biotechnology ...

Job Purpose The Business Development Manager (BDM) is responsible for accelerating profitable ... Build and maintain strategic relationships across pharmaceutical companies, biotechnology ...

Director Business Development

Chicago, IL ยท On-site

$120 - $180/hr

Develop and execute talent solution designs to secure new partnerships across the biotech ... business development and achievement of annual revenue goals exceeding $1 million. * A proven ...

Prepare detailed briefs for Solution Development, Client Growth, and JLL executives on target ... Pharmaceuticals, Biotechnology, Medical Devices, Biomedical Technologies, Food Processing and more)

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Biotech Business Development information

See Chicago, IL salary details

$29.9K

$57.5K

$94.8K

How much do biotech business development jobs pay per year?

As of Sep 4, 2026, the average yearly pay for biotech business development in Chicago, IL is $57,499.00, according to ZipRecruiter salary data. Most workers in this role earn between $45,900.00 and $62,900.00 per year, depending on experience, location, and employer.

What is a biotech business development?

A Biotech Business Development job focuses on identifying growth opportunities, forming strategic partnerships, and increasing revenue for biotechnology companies. Professionals in this role work closely with research, marketing, and sales teams to commercialize new technologies and products. Responsibilities often include market analysis, licensing deals, collaborations, and negotiating contracts. Strong scientific knowledge combined with business expertise is essential to succeed in this role.

What are the key skills and qualifications needed to thrive in biotech business development?

To thrive in Biotech Business Development, you need a solid understanding of biotechnology concepts, business strategy, and market analysis, usually supported by a science or business degree. Experience with CRM software, financial modeling tools, and familiarity with regulatory systems like FDA or EMA is highly advantageous. Strong negotiation, relationship-building, and communication skills help you excel when engaging clients and cross-functional teams. These competencies are crucial for forging strategic partnerships, driving revenue growth, and navigating the complex biotech industry landscape.

What are some common challenges faced in biotech business development?

Professionals in Biotech Business Development often face challenges such as navigating lengthy regulatory approval processes, addressing shifting market dynamics, and balancing scientific innovation with commercial viability. Building trust and fostering lasting relationships with partners, investors, and internal stakeholders are also key aspects of the role. Adaptability and problem-solving skills are essential, as priorities and deal terms can change quickly in response to evolving business needs and scientific advancements. Tackling these challenges successfully can lead to rewarding opportunities for career advancement and impactful industry contributions.

What does the biotech business development role do in biotech?

Biotech business development professionals identify and pursue new business opportunities, partnerships, and markets for biotech companies. They analyze industry trends, negotiate deals, and collaborate with research and sales teams to support company growth, often requiring strong communication, market analysis skills, and knowledge of biotech products and regulations.

What are the most commonly searched types of Biotech Business Development jobs in Chicago, IL?

The most popular types of Biotech Business Development jobs in Chicago, IL are:

What are popular job titles related to Biotech Business Development jobs in Chicago, IL?

For Biotech Business Development jobs in Chicago, IL, the most frequently searched job titles are:

Infographic showing various Biotech Business Development job openings in Chicago, IL as of August 2026, with employment types broken down into 1% As Needed, 78% Full Time, 18% Part Time, 2% Contract, and 1% Nights. Highlights an 86% Physical, 3% Hybrid, and 11% Remote job distribution, with an average salary of $57,454 per year, or $27.6 per hour.

Assoc. Director, Business Dev (Search, Evaluation & Analytics)

Paragon Biosciences LLC

Chicago, IL โ€ข On-site

$170 - $210/hr

Other

Medical, Dental, Vision, Life, Retirement, PTO

Posted yesterday

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Job description

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Assoc. Director, Business Dev (Search, Evaluation & Analytics)

Full Time Management Chicago Office, Chicago, IL, US

6 days ago Requisition ID: 1587

Harmony Biosciences is recruiting for an Associate Director, Business Development (Search, Evaluation, & Analytics). In this role you will provide the analytical foundation for the assessment of new opportunities including screening, identification, evaluation, and deal assessment. This role will translate complex data, assumptions, and market inputs into clear strategic insights and recommendations that inform BD prioritization and decision-making. This role will work closely with Business Development leadership and cross functional colleagues including Commercial, Clinical, Regulatory, Legal, and Finance, to understand target therapeutic areas of interest, assess competitive and development landscapes, evaluate unmet needs, and identify key success factors for new therapeutic options. In addition, this role will provide assumptions, market inputs, and analytical outputs that inform financial evaluations, deal assessments, and related financial evaluations. This role may also provide support for New Product Planning when appropriate.

Responsibilities include but are not limited to:

  • Support identification, screening, and preliminary evaluation of potential BD opportunities that align with established therapeutic area priorities, portfolio strategy, and governance criteria; collaborate with the BD team to refine target therapeutic areas, specific assets, and strategic rationale for selection.
  • Leverage claims data, epidemiology sources, competitive intelligence databases, and secondary research sources to support market landscape, patient flow, competitive positioning, and opportunity sizing.
  • Develop and execute primary qualitative and quantitative market research to support development of market landscape and opportunity, Target Product Profile (TPP) development/reaction, and preference share drivers to support forecast development.
  • Support opportunity forecasting, valuation, and deal scenario analyses by gathering, pressure-testing, and documenting key assumptions, sensitivities, and supporting inputs for BD decision-making.
  • Work cross-functionally across the organization (e.g., Clinical, Regulatory, Legal, etc.) to support diligence evaluations and develop market research assessments and/or recommendations.
  • Manage day-to-day interactions with external vendors, consultants, and data providers to scope, execute, and interpret analyses supporting opportunity assessments.
  • Consolidate and translate analytical findings into concise strategic assessments, recommendations, and executive-ready materials for BD leadership, cross-functional governance forums, and senior management discussions.
  • Support financial assessments for a range of deal term scenarios by preparing commercial assumptions, market inputs, and analytical outputs that inform P&L statements, deal models, and related valuation analyses
  • Perform other duties as assigned.

Qualifications:

  • Bachelorโ€™s degree in business, life sciences or related field required; Masterโ€™s degree preferred
  • 7+ years in pharmaceutical/biotechnology Business Development and/or Business Development adjacent areas (e.g. commercial or analytics functions, finance, and/or other roles supporting BD) required
  • Experience in rare disease, CNS, neurology, specialty pharmaceuticals, or other areas relevant to Harmonyโ€™s strategic focus preferred
  • Experience using claims, prescription, epidemiology, competitive intelligence, and industry databases such as Citeline, Cortellis, or similar preferred.
  • Experience supporting pharmaceutical or biotechnology opportunity assessments, including market sizing, forecasting inputs, unmet need evaluation, and development of key assumptions preferred.
  • Demonstrated ability to conduct sophisticated and translate results into clear, executive-ready messages, communications, and presentations that support strategic decision-making.
  • Exceptional problem-solving and results oriented
  • Advanced knowledge of Excel & PowerPoint required.
  • Strong collaboration skills with ability to work effectively across BD, Commercial, Clinical, Regulatory, Legal, Finance, and other cross-functional partners.
  • Self-directed, organized, and able to manage multiple priorities in fast-paced, evolving environment while escalating key questions and decisions appropriately.

Physical demands and work environment:

  • Travel (both domestic and international) is estimated to be 20% of the time for this position; Candidate must be able to maintain or obtain valid US Passport within 90 days of hire date.
  • While performing the duties of this job, the noise level in the work environment is usually quiet.
  • Specific vision abilities required by this job include: Close vision.
  • Manual dexterity required to use computers, tablets, and cell phone.
  • The employee must occasionally lift and / or move more than 20 pounds.
  • Continuous sitting for prolonged periods.

What can Harmony offer you?

  • Medical, Vision and Dental benefits the first of the month following start date
  • Generous paid time off and Company designated Holidays
  • Company paid Disability benefits and Life Insurance coverage
  • 401(k) Retirement Savings Plan
  • Paid Parental leave
  • Employee Stock Purchase Plan (ESPP)
  • Company sponsored wellness programs
  • Professional development initiatives and continuous learning opportunities
  • A certified Great Place to Workยฎ for eight consecutive years based on our positive, values-based company culture

Harmony Biosciences is a pharmaceutical company headquartered in Plymouth Meeting, PA. The company was established in October 2017 with a vision to provide novel treatment options for people living with rare, neurological disorders who have unmet medical needs. For more information on Harmony Biosciences, visitwww.harmonybiosciences.com

Harmony Biosciences is an Equal Opportunity, e-Verify Employer. All qualified applicants will receive equal consideration for employment without regard to race, color, national origin, religion, sex, pregnancy, marital status, sexual orientation, gender identity/expression, age, disability, genetic information, military service, covered/protected veteran status or any other federal, state or local protected class.

Recruitment agencies please note: Harmony Biosciences will only accept applications from agencies/business partners that have been invited to work on a specific role. Candidate Resumes/CV's submitted without permission or directly to Hiring Managers will be considered unsolicited and no fee will be payable. Thank you for your cooperation.

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