I am a business development manager in a small biotech incubator. My end goal is to work in commercial, BD or operations within a big pharma/biotech company. What would be best for me:

1) stay in my company to quickly become BD Director and then exit (however my learning opportunities within my current company might be limited)
2) go do consulting for a few years
3) any other recommendations?

Thanks!

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I’ve found that big Pharma tend not to feel like startup experience translates over 1:1 (yourll notice this in interviews). Not to say they won’t hire you, but if you make it to BD Director yourll probably still be hired in as a BD associate/representative/manager due to the YOE, number of people managed, and responsibility. You could hop into big pharma right now but the career progression might be slower than you like. I would say your best bet would be to hop into consulting (try not to limit yourself to the top firms for entry). It’ll be tough but yourll gain experience faster and it’ll be easier for to transfer in when you want to

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I wouldn’t recommend consulting, if you know you want to work in a specific industry.

Being a consultant is painful and there’s a reason people are constantly looking to exit.

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What specifically do you do at your job?

I do due diligence of assets for in-licensing into our company

I would just move to another company. You could get a job at an acquisitive Biopharma or go to an early stage company and hope it pans out for a big pay day. Avoid consulting

Thanks! Why would you recommend avoiding consulting?

But if you’re still adamant on joining consulting, DM me. I probably do stuff closest to what you’re looking for

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