VP Business Development

About this role

Who we are

PolyNovo is a disruptive medical technology company, headquartered in Melbourne. We design, develop, and manufacture innovative dermal regeneration solutions, using our patented bioabsorbable polymer technology NovoSorb®. Our lifesaving products have revolutionised the treatment of burns, major trauma as well as multiple emerging indications, and impacted the lives of over 70,000 patients globally.

With a footprint in 46 countries and 300+ staff across a range of locations, PolyNovo continues to grow, and opportunity awaits!

Learn more about PolyNovo by visiting our Website or our LinkedIn page.

About the Role

As our new VP, Business Development, you’ll join the team at an exciting point in PolyNovo’s growth, with the remit to build our external innovation and business development capability and turn strategic opportunities into long-term enterprise value.

Reporting to the Chief Scientific Officer, you’ll help shape what comes next for PolyNovo!

Few roles offer the opportunity to build and have genuine influence on the future direction of an innovative medical technology business that is already benefiting tens of thousands of patients across the globe. This is one of them!

We welcome candidates who are based in Melbourne (Australia), Dallas (Texas) or Carlsbad (California).

What you will be doing:

• Shape and execute PolyNovo’s business development and external innovation strategy, translating enterprise priorities into a focused portfolio of high-value growth opportunities.
• Build and lead PolyNovo’s business development capability and opportunity pipeline, spanning licensing, technology acquisition, co-development and strategic partnerships.
• Drive external innovation and portfolio growth, identifying and securing technologies, products and capabilities that strengthen PolyNovo’s portfolio.
• Unlock the broader commercial potential of NovoSorb®, developing strategic out-licensing and partnered development opportunities beyond PolyNovo’s direct commercialisation priorities.
• Lead strategic partnerships end-to-end, from opportunity identification and evaluation through due diligence, structuring, negotiation, execution and value realisation.
• Advise the Chief Scientific Officer, Executive Leadership Team and Board on strategic opportunities, investment requirements, expected value and material risks.
• Build and influence high-value external relationships, positioning PolyNovo as a partner of choice across industry, academia, research, technology and investment communities.
• Mobilise cross-functional expertise across scientific, clinical, regulatory, commercial, financial, legal and intellectual property disciplines to drive robust investment decisions and commercial outcomes.
• Assess team requirements and establish a high-performing Business Development team, creating the capability needed to support PolyNovo’s future growth.

Experience:

• Tertiary qualification in science, engineering, biomedical science, biotechnology, medicine or another relevant discipline.
• Postgraduate qualification such as a PhD, MBA or equivalent commercial qualification.
• Minimum 10 years' relevant industry experience, including substantial senior-level experience in business development, strategic partnerships, licensing, transactions, corporate development or commercialisation within medical devices, biotechnology, pharmaceuticals or related life sciences.
• Demonstrated success developing and executing strategic partnerships with companies, universities, research institutions or other external organisations.
• Demonstrated track record of building external innovation pipelines and converting opportunities into successful transactions, collaborations or partnerships.
• Demonstrated success negotiating complex commercial agreements and leading transactions from initial opportunity assessment through to execution.
• Experience leading technology, market and competitive landscape assessments to identify external innovation opportunities.
• Strong scientific and technical acumen with the ability to assess complex opportunities through a strategic and commercial lens.
• Experience building business development capability and leading high-performing teams to successful outcomes.
• Demonstrated credibility advising and influencing Executive Leadership Teams and Boards on complex strategic opportunities.
• Experience in wound management, wound care, skin substitutes or related medical technology fields highly regarded.
• Experience using AI-enabled intelligence and analytics to support opportunity identification and business development decision-making highly regarded.

Why PolyNovo?

Join a team that values innovation, collaboration, and professional growth. At PolyNovo, we offer a dynamic work environment and the opportunity to contribute to ground-breaking projects that shape the future of our company and the industry.

• Total compensation package consisting of base salary, bonus, and incentive plans
• 401k plan with company match
• Comprehensive medical, dental, and vision insurance for employees and their families
• Generous paid time off, 12 company holidays, and two paid Nurture days per year
• Parental leave for primary and secondary caregivers

The salary range for this position is $250,000 - $300,000

Apply Today

We like AI for lots of things, but we do not use it for résumé review. Your application is read by actual human beings. No automated screening tools are used in our hiring decisions.

PolyNovo fosters an environment that promotes equity, diversity, and inclusion. We recognize and value that it is the sum of our parts – our combined backgrounds, experiences and perspectives – that allow us to succeed.

PolyNovo is an equal opportunity employer and provides equal employment opportunities to all applicants without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.