Cora works as the Business Developer (BD) director at the peptide drug discovery company Orbit
Discovery, and she is the head of BD at ReViral.
How is the daily life of a business developer?
Every BD position is different. We can be involved in search and evaluation (S&E), licensing, strategic planning, and alliance management. With ReViral, I work on S&E, in and out-licensing opportunities, go to partnering meetings and conferences, and I’m also involved in the company's marketing department, and deal with investors. You must be quite flexible in a small company as a BD. Working with your team and also with external collaborator teams!
How to transit from academia to BD under the same field scope? Any advice?
You need to be able to network - it’s very very important! If it scares you, maybe it is not the best career for you. Apart from that, you need to be curious and resilient as in a PhD! For me, the transition occurred when I focused on a BD position where my background was a valuable asset; it may be a good way of approaching it!
Are you interested in creating your own BD company someday?
I did a little bit of that in the past, I mean working for a BD consultancy firm. I enjoyed it! Who knows, maybe one day… but I’m enjoying working within pharma/biotech right now.
How has the experience as co-founder of Oppilotech been? Why focusing on this area?
The team was
already in the process of creating it when I joined. The opportunity appeared since
I had experience in the anti-infective field.
In this case, the anti-bacterial targets were uncovered based on a model
created in academia, initially focused on bacteria modeling.
MBA or not?
There’s no right
or wrong answer. You caught me on this! I considered it so many times... As far
as I know, if you are going to do it, do it as early as possible because it
requires a lot of time and effort. A lot of companies ask for an MBA in BD, but
it is not mandatory. What I know is that, with an MBA, you acquire certain skills
that should aid in career development. And
again, to network, it’s an excellent opportunity for that!
And a PhD? Is it crucial for BD?
If you don’t have an MBA, you need a PhD;
otherwise, you’ll probably struggle in finding a position. Your scientific
knowledge is very important for a BD position.
Which are the main set of skills that you value in a member of your team?
As I said, we
deal with both external and internal teams. Regarding the external party, transparency,
and willingness to collaborate - make sure everyone has the same goals as you
and be open with them. It is as in every relationship!
Internally, teamwork is essential, be able to problem-solve together, and communication. I love working with energetic and curious teams especially if I can learn from them!
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