Business Development Analyst
Support business development efforts by building investment cases for drug development ideas and acquisition targets.
Posted by employer 1 week ago
First seen on Joblaze 6 days ago
Last verified on the company career page 8 hours ago
What you'll build
- Conduct financial and strategic analysis
- Develop investment theses
- Source potential acquisition targets
- Analyze pharmaceutical development databases
- Support strategic initiatives
Must have
- Familiarity with drug development
- Experience with research reports and presentations
- Expertise in quantitative analysis
- Excellent written and verbal communication skills
- Strong analytical skills
Practical constraints
- Hybrid model requiring 3 days per week in office
AI in the day-to-day
Contribute to strategic initiatives around applications of AI to asset sourcing and diligence.
Requirements
- Experience
- 2–4 years
- Education
- Bachelor's degree
Not disclosed in this posting: visa sponsorship.
Benefits
Joblaze summary
The Business Development Analyst at Formation Bio is tasked with supporting the company's growth by conducting thorough financial analyses and market research to identify and evaluate potential drug development opportunities. Key skills include expertise in quantitative modeling and the ability to communicate complex investment theses effectively. This role is suited for individuals with 2-4 years of experience in the biotech or pharma sectors, particularly those with a background in consulting or corporate strategy. Formation Bio emphasizes a collaborative approach, working closely with senior management and cross-functional teams to drive strategic initiatives.
Joblaze insights
- Listed 6 days ago — first seen on Joblaze October 29, 2026. Last confirmed on Formation Bio's careers page November 4, 2026.
- Salary band is below the typical range for comparable tech roles (median ~$128,000).
- Starts above 52% of 1408 comparable mid other roles in United States we track (median $105,000 across 184 companies).
Quick facts
- Is the Business Development Analyst role remote?
- It's hybrid — Formation Bio expects some on-site time in Boston, MA; New York, NY.
- What's the salary range?
- Formation Bio lists $106,000–$132,500 for this role.
- How much experience is required?
- 2–4 years of relevant experience for this Business Development Analyst role.
- Where is the role based?
- Formation Bio is hiring for this position in Boston, MA; New York, NY.
- What seniority level is this role?
- Formation Bio targets mid-level candidates for this position.
- Is this full-time or contract?
- Full-time for this Business Development Analyst role at Formation Bio.
From the original posting
About Formation Bio
About the Position
This role will play a critical part in supporting Formation Bio’s business development efforts. You will be responsible for building the scientific and clinical rationale and developing compelling investment cases for novel drug development ideas and acquisition targets. This role encompasses a wide range of activities, including sourcing, diligence, strategy, and transactions, as well as supporting the creation of new companies. By contributing across these areas, you will help drive Formation Bio’s growth targets and advance its mission to deliver transformative therapies.
Responsibilities
- Conduct in-depth financial and strategic analysis, and market research and financial modeling to support investment recommendations
- Help inform the investment thesis through rigorous modeling of clinical development activities, potential commercial launch trajectories and revenue projections
- Help develop and grow a robust pipeline of targets by searching publicly available databases and online resources for novel drug development ideas
- Review, aggregate, analyze and monitor pharmaceutical development databases and market research reports to source and evaluate potential acquisition targets
- Construct persuasive investment theses in the form of PowerPoint presentations and supporting Excel models
- Communicate theses directly to senior management advocating for specific drug development projects
- Partner with senior members of the Business Development group to assist with all elements of transactions on new investments through closing, including due diligence, valuation, deal structuring, and negotiations
- Support broader strategic initiatives with the Formation Bio Leadership Team
- Contribute to strategic initiatives around applications of AI to asset sourcing and diligence
Skills & Qualifications
- Familiarity with key business, scientific, and medical aspects of drug development
- Experience with writing research reports and/or presentations, as well as delivering presentations that integrate multiple data sources
- Expertise in quantitative analysis and modeling
- Excellent written and verbal communication skills
- Strong analytical skills and attention to detail
- Ability to work cross-functionally within the organization (marketing, R&D, finance, etc.)
Experience & Education Requirements
- 2-4 years experience in biotech/pharma industry, preferably in consulting or corporate strategy, financial institutions also considered
- Bachelor’s degree required, preferably in biology or related scientific field
Total Compensation Range: $106,000 - $132,500
Compensation Individual compensation is determined by several factors, including role scope, geographic location, and skills & experience. Your offer will reflect where you fall within the range based on these considerations. In addition to base salary, we offer equity, comprehensive benefits, and generous perks. If the posted range doesn't match your expectations, we still encourage you to apply!
Standard company text repeated across Formation Bio's postings is omitted here.