Business Development Analyst
- Location
- Boston, MA · On-site
- Job type
- Full-time
- Level
- Mid-level
- Experience
- 2+ years
- Education
- Bachelor's degree
- Listed
- 13 days ago
Skills & highlights for this role
- Familiarity with key business, scientific, and medical aspects of drug development
- Experience writing research reports and/or presentations
- Expertise in quantitative analysis and modeling
- Excellent written and verbal communication
- Strong analytical skills and attention to detail
- Ability to work cross-functionally
Also useful
- Experience in consulting or corporate strategy
- Experience in financial institutions
- Biology or related scientific background
- Experience with AI applications to asset sourcing and diligence
You can read more at the following links
- Our Vision for AI in Pharma
- Our Current Drug Portfolio
- Our Technology & Platform
At Formation Bio, our values are the driving force behind our mission to revolutionize the pharma industry. Every team and individual at the company shares these same values, and every team and individual plays a key part in our mission to bring new treatments to patients faster and more efficiently.
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
Pay and benefits
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!
Where We Hire Formation Bio is prioritizing hiring in key hubs, primarily the New York City and Boston metro areas, with a hybrid model requiring 3 days per week in office. Applicants from the Research Triangle (NC) and San Francisco Bay Area may also be considered. Please apply only if you reside in these locations or are willing to relocate.
We've seen a rise in recruiting impersonation scams across the industry, where fake profiles pose as recruiters aiming to trick candidates into sharing personal and financial information through illegitimate interviews and job offers. All legitimate recruiting communications from Formation Bio will come from a @formation.bio email address. If you receive outreach from someone claiming to work at Formation Bio through any other domain or channel, please disregard it and do not share any personal information.
About Formation Bio
Formation Bio is a tech and AI driven pharma company differentiated by radically more efficient drug development.
Advancements in AI and drug discovery are creating more candidate drugs than the industry can progress because of the high cost and time of clinical trials.
Recognizing that this development bottleneck may ultimately limit the number of new medicines that can reach patients, Formation Bio, founded in 2016 as TrialSpark Inc., has built technology platforms, processes, and capabilities to accelerate all aspects of drug development and clinical trials.
Formation Bio partners, acquires, or in-licenses drugs from pharma companies, research organizations, and biotechs to develop programs past clinical proof of concept and beyond, ultimately helping to bring new medicines to patients. The company is backed by investors across pharma and tech, including a16z, Sequoia, Sanofi, Thrive Capital, John Doerr, Spark Capital, SV Angel Growth, and others.
Equal opportunity and legal notices
Equal Opportunity Formation Bio is committed to building a diverse and inclusive team. We are an equal opportunity employer and welcome candidates from all backgrounds. All qualified applicants will receive consideration for employment without regard to race, color, creed, religion, national origin, ancestry, sex (including pregnancy, childbirth, breastfeeding, and related medical conditions), gender identity or expression, sexual orientation, age, disability, genetic information, marital status, military or veteran status, or any other characteristic protected by federal, state, or local law.
From Formation Bio's careers page, first listed on Rolev.ai on October 27, 2026. Rolev.ai is not the employer.
How Rolev.ai helps with this application
Rolev.ai is a job search and application tool for US job seekers. For this Business Development Analyst role at Formation Bio, it shows how your resume fits, tailors your resume to the posting, and prepares the application for you to review.
See how you fit
Openings from employer career sites are ranked against your whole resume—and searchable inside Claude, ChatGPT, and Cursor via Rolev.ai MCP.
Tailor without inventing
Every change to your resume is checked against your original. New experience goes in only with your yes—zero fabricated claims.
Draft the full kit
Tailored and Full Match resumes, role-specific cover letters, and answers to employer screening questions are prepared in seconds.
1-Click Extension Autofill
The Chrome extension fills the employer's Greenhouse, Workday, Lever, or Ashby form in 1 click. You review it and press Submit.
Common questions
Where is the Business Development Analyst job at Formation Bio located?
This Business Development Analyst position at Formation Bio is located in Boston, MA (On-site). Always check Formation Bio's application page for specific state eligibility or relocation policies.
What qualifications are required for Business Development Analyst at Formation Bio?
For the Business Development Analyst role, Formation Bio highlights 2+ years of relevant experience; a bachelor's degree; experience with Familiarity with key business, scientific, and medical aspects of drug development, Experience writing research reports and/or presentations, Expertise in quantitative analysis and modeling, Excellent written and verbal communication, Strong analytical skills and attention to detail, Ability to work cross-functionally. Rolev.ai can score your existing resume against these requirements and show any skill gaps before you apply.
How do I apply for the Business Development Analyst position at Formation Bio?
This listing links directly to Formation Bio's Greenhouse application page. You can apply directly on Formation Bio's site, or use Rolev.ai to check your resume fit, generate a zero-hallucination tailored resume and cover letter for this posting, and autofill the Greenhouse application form in 1 click with the Rolev.ai Chrome extension. You always review the form and press Submit yourself.