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Biotech Business Development Jobs in Chicago, IL

Strong understanding of pharmaceutical and biotechnology business models, development priorities, and operational challenges. * 15-20 years of experience in pharma, biotech, CRO, clinical operations ...

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Biotech Business Development information

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$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.

Director of Business Development

Syneos Health, Inc.

Chicago, IL • On-site

$120 - $180/hr

Other

Posted 23 days ago


Syneos Health rating

8.1

Company rating: 8.1 out of 10

Based on 22 frontline employees who took The Breakroom Quiz

39th of 86 rated pharmaceutical


Job description

Updated: Yesterday
Location: Chicago, IL, United States
Job ID:17416-OTHLOC-CPKvYfwM

At TSP, we build the teams behind the breakthroughs. We connect visionary life sciences companies with the world-class talent they need to accelerate patient therapies and change lives.

Join TSP and build the teams that bring life-changing therapies to patients.

At TSP, a Syneos Health company, we empower life sciences innovators—from emerging biotechs to global pharma leaders—by delivering the talent they need to succeed. We are seeking a senior, client-facing leader to drive our RPO (Recruitment Process Outsourcing) partnerships and shape the future of talent in the life sciences industry.

This is a role for a proven relationship builder with deep life sciences industry credibility. You are a trusted advisor who can connect with life sciences leaders, understand their unique challenges, and design world-class talent solutions that drive business growth.

What You Will Do
  • Drive Growth: Develop and execute talent solution designs to secure new partnerships across the biotech, pharmaceutical, and medical device sectors.
  • Build Strategic Relationships: Act as the primary client solutions owner for key accounts, fostering deep trust with executive leaders and ensuring we are a vital partner in their success.
  • Lead & Innovate: Quarterback the entire sales process, from initial discovery and solution design to pricing, proposals, and closing deals.
  • Be a Trusted Advisor: Use your deep industry knowledge to guide clients, anticipate their needs, and partner with our delivery teams to ensure flawless execution.
  • Make an Impact: Connect our integrated solutions across the broader Syneos Health organization to bring unparalleled value to your clients.
What You Bring
  • Required: 6+ years of experience in life sciences recruiting, RPO, or talent consulting, with a significant track record in business development and achievement of annual revenue goals exceeding $1 million.
  • A proven ability to win complex talent solutions engagements within the life sciences industry.
  • Exceptional executive presence and the ability to operate as a credible, consultative partner to C-suite and HR leaders.
  • Experience in a matrixed, cross-functional enterprise environment.
  • Ability to travel up to 30%.

Compensation: The annual base salary for this position ranges from $120,000 to $180,000, depending on qualifications, skills, and experience. This role is also eligible for performance-based commissions and bonuses.

Equal Opportunity Employer: TSP is an affirmative action/equal opportunity employer (Minorities/Females/Veterans/Disabled).

Discover what our more than 29,000 employees already know: work here matters everywhere. We work hard,and smart, all in the name of getting much-needed therapies to thosewho need them most. A career with Syneos Health means your everyday work improvespatients’ lives around the world. Selecting us as an employer secures a career inwhich you’re guaranteed to:

Syneos Health ® is a leading fully integrated biopharmaceutical solutions organization built to accelerate customer success. We translate unique clinical, medical affairs and commercial insights into outcomes to address modern market realities. Together we share insights, use the latest technologies and apply advanced business practices to speed our customers’ delivery of important therapies to patients.

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