My Client is an early Stage private Pharmaceutical Company. They are a majority owned subsidiary of a seed stage Life Science focused Venture Development firm.

They are on a confidential search for a Seasoned Oncology

 President/COO-this position is newly created

 The company has entered into a binding Letter of Intent to acquire a late stage clinical compound for redirection towards several unmet clinical needs in oncology. In addition, one of the largest biotechnology investment banks has been engaged to raise the associated acquisition and operational funding. 

Position reports to the CEO and Board of Directors.

Prior experience bringing several successful oncology drugs from Phase II to market a must; as is effective experience working in startup environment. 

Overview:

Responsibilities will be to direct regulatory and clinical strategy to obtain market approval across multiple indications.  Long term responsibilities shall include eventual assumption of CEO role currently held by the lead VC. 

The President/COO is responsible for growing and managing all aspects of the company. This individual will be instrumental in securing strategic partnering agreements and will prepare the company for an initial public offering (IPO) or other appropriate strategic alternatives.

You will have a demonstrable track record in raising money in the Biotech/Pharmaceutical arena.

You will have been a Pres/CEO/COO for a Biotech Corp-Your background will have the definitive attribute of -----Been there Done That!- in Oncology.

Key Position Responsibilities:

• Ø Achievement of overall financial goals and objectives.
• Ø Development of business plan including short term and long-range goals, objectives, and strategies.
• Ø Work with the CEO in the development and management of investor relationships.
• Ø Prepare company for possible IPO or other strategic alternatives and engage in all phases of negotiations, including road show.
• Ø Oversee negotiations and structuring of strategic partnerships.
• Ø Presentation of budgets, strategic plans, quarterly operative results, and other relevant matters to the Board of Directors.
• Ø Responsible for overall corporate image and product quality.

Specific Position Requirements:

• Ø Prior general management experience whereby the candidate has led either successful IPO efforts or M & A efforts.
• Ø MUST HAVE-Track record of raising Money in prior companies
• Ø Prior experience bringing several successful oncology drugs from Phase II to market a must; as is effective experience working in startup environment. MD preferred, PhD nice to have but not required. Ability to work within dynamic environment and virtual organization a strong preference. Prior CEO experience not a requirement, though a positive. No relocation required-work where you live-frequent trips to the Northeast required monthly.
• Ø Prior general management experience with bottom line P & L responsibility for a Biotech business with demonstrable track record is a must.
• Ø Prior experience in the Biotech, Pharmaceutical- Oncology focus or related arena is required.
• Ø Substantial prior experience in dealing with the institutional investment community is preferred.
• Ø Prior Pharmaceutical/Biotech marketing/business development or operations experience is required.

Compensation:

Salary, stock options (above market equity position) and bonus package will be commensurate with background and experience.

Michael A. Terretti

Vice President

Managing Director

Global Life Sciences

mterretti@mriraleigh.com

919-781-0400x112 office

http://jobs.phds.org/job/post/mterretti@mriraleigh.com

Mr. Terretti's focus is the Pharmaceutical and Biotechnology Industries. He also works in selected segments of Information Technology (ERP, Bioinformatics, HPC), Private Equity/Venture Capital & Healthcare. 

He has over 24 years of Domestic and International General Management, Manufacturing, R&D, Marketing and Sales Management in Clinical Diagnostics, Toxicology, Biomedical Instrumentation, Biotechnology, Environmental Testing, Genetic Testing and Drug Testing markets with P&L responsibility.

His executive management background in the above focused industries provides you the seasoned experience and knowledge of understanding your needs and business. His breadth of experience permits him to analyze the course of action, which will best maximize and facilitate his client's objectives. His successful record as an Executive Recruiter demonstrates his ability to be analytical, tenacious and a consistent achiever of his client's goals.

Mr. Terretti has a formal Biomedical/Technical background (Chemistry and Immunology) integrated with extensive Biotech/Healthcare business experience. This is the winning formula that his client's find invaluable in Business and Technical Searches.

Management Recruiters of Raleigh (MRI Raleigh), a woman owned business, is an executive search-recruiting firm located in Raleigh, NC near the Research Triangle Park. We are ranked in the top 2% of more than 1100 offices aligned with Management Recruiters International, Inc. headquartered in Philadelphia, PA. With over 1100 offices operating in over 35 countries around the world, we have one of the world's largest talent pools. By combining our size and scope with an IT infrastructure enabling real-time access to candidates, information and training,

Mr. Terretti is the Managing Director of the Global Life Sciences Group at MRI-Raleigh.

Mr. Terretti was #1 in the Raleigh office for Life Sciences  for 2007 and in the top one half per cent of all 5000 MRI Executive Recruiters worldwide. 

 Of 10,000+ companies in our industry, MRII is currently the #1 executive search organization in the country.

 The Raleigh office was founded in 1976, our firm specializes in managerial, technical, logistics, sales and marketing staffing needs for manufacturing, engineering, pharmaceutical and healthcare corporations nationwide and internationally.