Manager, Business Development (San Diego/Hybrid) at Illumina

San Diego, California, United States

Illumina Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Genomics, BiotechnologyIndustries

Requirements

  • Bachelor’s degree and minimum of 8 years of related experience in business development, partnerships, or strategic alliances within life sciences, healthcare, or related industries
  • At least 1 year of experience with Strategy
  • At least 1 year of experience with Process Improvement
  • At least 1 year of experience with Relationship Management
  • At least 1 year of experience with Financial Modeling & Analysis
  • At least 1 year of experience with Market Research & Opportunity Assessment
  • Demonstrated ability to lead business development projects or initiatives in a matrixed environment
  • Strong analytical capabilities, including financial modeling and market opportunity assessment
  • Effective communicator with the ability to present recommendations and influence stakeholders
  • Experience in process improvement, strategic planning, and relationship management
  • Proactive, highly organized, and comfortable managing multiple priorities simultaneously
  • Adaptability and critical thinking in fast-paced, evolving business environments
  • Must reside in the San Diego area and be able to commute to corporate offices
  • Availability for full-time role, Monday through Friday, with 2–3 in-office days per week and additional on-site presence as needed

Responsibilities

  • Lead end-to-end deal execution for multiple simultaneous opportunities, from sourcing and due diligence through negotiation and transaction close
  • Develop strategic rationale and business cases for partnership opportunities in collaboration with stakeholders across Marketing, Product Development, Commercial, Regulatory, Quality, and Finance
  • Coordinate and track progress of Software & Informatics deal flow, including preparing updates and summaries for internal business development and cross-functional reviews
  • Maintain up-to-date insights on relevant market activity by monitoring industry news, events, and press releases; prepare strategic overviews of key companies of interest
  • Support negotiation of deal terms and work cross-functionally with Legal and Finance to assess risks, establish governance structures, and define success metrics
  • Build and maintain strong internal relationships across departments to ensure alignment and execution readiness
  • Contribute to process improvements and documentation of best practices to enhance partnership workflows
  • Proactively identify opportunities for professional development and support the advancement of internal capabilities through training, mentorship, or participation in strategic initiatives
  • Perform other duties as assigned

Skills

Key technologies and capabilities for this role

Business DevelopmentPartnership ManagementDeal ExecutionDue DiligenceNegotiationBusiness Case DevelopmentTransaction CloseCross-functional CollaborationInformaticsSoftware Partnerships

Questions & Answers

Common questions about this position

What is the work arrangement for this role?

This is a full-time role, Monday through Friday, with an expectation of 2–3 in-office days per week and additional on-site presence as needed. The individual must reside in the San Diego area and be able to commute to corporate offices.

What salary or compensation does this position offer?

This information is not specified in the job description.

What key skills are required for the Manager, Business Development role?

The role requires strategic thinking to identify and evaluate partnership opportunities, cross-functional collaboration with departments like Marketing, Product Development, and Finance, and expertise in deal execution including due diligence, negotiation, and transaction close, with a focus on informatics and software-driven partnerships.

What is the company culture like at Illumina?

Illumina fosters a culture where every person in every role has the opportunity to make a difference, surrounded by extraordinary people, inspiring leaders, and world-changing projects, enabling employees to do more and become more than they thought possible.

What makes a strong candidate for this business development manager position?

Strong candidates will have experience leading end-to-end deal execution, developing business cases in cross-functional settings, monitoring market activity, supporting negotiations, and building internal relationships, particularly in informatics and software partnerships.

Illumina

Supports genomics startups through funding and resources

About Illumina

Illumina focuses on fostering innovation in the genomics industry by supporting startups through its Illumina Accelerator program. This program helps entrepreneurs create, launch, and grow genomics-focused companies by providing funding and resources. The accelerator operates in two main locations: the San Francisco Bay Area and Cambridge, UK. Illumina Accelerator has successfully invested in 68 genomics startups, which have collectively raised over $1 billion in venture capital. What sets Illumina apart from its competitors is its strong partnership with leading venture capital investors and its dedicated focus on the genomics sector. The goal of Illumina is to build a thriving ecosystem for genomics innovation, enabling new companies to emerge and advance the field.

San Diego, CaliforniaHeadquarters
1998Year Founded
$27.2MTotal Funding
IPOCompany Stage
Venture Capital, BiotechnologyIndustries
5,001-10,000Employees

Risks

Over-reliance on NVIDIA's AI technology may limit flexibility in AI solution adoption.
Standardizing proteomics data across platforms could challenge Illumina's data reliability.
Single-flow-cell NovaSeq X System might cannibalize sales of higher-end models.

Differentiation

Illumina leads in genomic sequencing with advanced AI integration and multiomic data analysis.
The company offers innovative array-based solutions for DNA, RNA, and protein analysis.
Illumina's global expansion includes a new Global Capability Center in Bengaluru.

Upsides

Collaboration with NVIDIA enhances drug discovery and clinical development through AI integration.
Pilot proteomics program with UK Biobank aims to generate crucial reference datasets.
Single-cell sequencing kits make high-throughput sequencing accessible to smaller labs.

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