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Associate Director / Director, Business Development at Synthekine

Associate Director / Director, Business Development

Synthekine Menlo Park, CA (Onsite) Full-Time
Synthekine is a Menlo Park, CA based biotechnology company focused on discovering and developing best in class cytokine therapeutics to treat cancer and autoimmunity. We use our unique insights on how cytokines bind to their receptors and tune these systems though protein engineering to generate therapeutics that have transformative potential. Synthekine was formed in 2019 and has raised $290M from leading biotech investors. We are advancing a deep pipeline of therapeutics against some of the most important cytokine targets. Come join us and help us give patients and physicians better options to treat disease and advance cytokine science along the way.

Position Summary:

Synthekine is seeking a Associate Director/Director of Business Development. This role reports directly to the VP of Business Development and will work closely with other management team members on a wide range of business development activities, including the identification, evaluation, diligence and execution of strategic collaborations and licensing agreements across Synthekine's portfolio. This individual will be integral in supporting buy-side and sell-side transactions and implementing the long-range business development strategy and associated business development processes. This position will require strong business acumen, excellent interpersonal skills, and comfort interacting with both internal and external company stakeholders.

Responsibilities:

* Works cross-functionally with stakeholders across the Company (e.g., R&D, Clinical, Finance, Legal, etc.) to understand and support key strategic goals of the Company and their associated partnering / licensing activities
* Works in close partnership with R&D and Clinical teams to create and deliver impactful presentations to potential partners in support of business development
* Helps to source, establish, and maintain relationships with external targets aligned to partnering opportunities
* Leads the research and analysis of licensing and acquisition opportunities, including comps, case studies, and valuation models
* Gathers competitive and partner intelligence and communicates key insights
* Contributes to deal structuring / term sheet development through financial analysis of economics
* Coordinates due diligence processes
* Supports in negotiation and execution of definitive agreements
* Aids in preparing presentations for senior management and Board of Directors
* Provides project management oversight to track status of partnering opportunities
* As necessary, attends BD meetings at partnering conferences and scientific congresses
* Represents Synthekine with a high level of business integrity while adhering to all Company policies and procedures

Qualifications:

* BA, BS or equivalent required; MBA, MD, PhD or PharmD preferred
* 10+ years for Associate Director level; 12+ years for Director level of relevant experience in biotech or pharmaceutical companies or in life sciences focused management consulting, investment banking, private equity, or venture capital
* Expertise in quantitative and qualitative research and analyses, including firm grasp of financial modeling/valuation and generation of business cases
* Excellent communication skills and the ability to collaborate successfully with varied audiences, internal and external
* Must be a driven, highly organized self-starter with comfort working in a fast-paced environment and able to prioritize across multiple projects and deliver consistent high-quality output
* Position requires a great deal of independence and attention to detail
* Familiarity with or curiosity for drug discovery and development process
* Adequate understanding of industry trends, competitive environment and commercial marketplace
* Ideally, previous direct experience in a business development role that includes either search/evaluation or transaction experience

The anticipated salary range for the position based in our Menlo Park, CA office is $166,000-201,000 for Associate Director level and $192,000-233,000 for Director level. The final salary offered to a successful candidate will be dependent on several factors that may include but are not limited to the type and length of experience within the job, type, and length of experience within the industry, education, etc. Synthekine is a multi-state employer, and this salary range may not reflect positions that work in other states. We comply with all state federal and local laws regarding pay practices.

Synthekine requires all new hires to be fully vaccinated prior to the first date of employment (subject to any legally required exemptions).

Synthekine is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

Recommended Skills

  • Attention To Detail
  • Biotechnology
  • Business Development
  • Clinical Works
  • Commercial Awareness
  • Communication
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