Senior Director, Business Development and Alliance Management

Location: San Diego, CA

Background

RayzeBio is a dynamic biotechnology company headquartered in San Diego, CA. Launched in late 2020 and recently acquired by Bristol Myers Squibb (BMS) as a wholly owned subsidiary, the company is focused on improving survival of people with cancer by harnessing the power of targeted radioisotopes. RayzeBio will operate as a standalone entity within the BMS organization, maintaining its biotech culture with the opportunity to leverage the best-in-class oncology capabilities of BMS. RayzeBio is developing innovative drugs against targets of solid tumors. The lead asset, RYZ101, is in Phase 3 testing for patients with gastroenteropancreatic neuroendocrine tumors (GEP-NETs), as well as earlier stage testing for patients with small cell lung cancer (SCLC).  Led by a successful and experienced entrepreneurial team, RayzeBio aims to be the global leader in radiopharmaceuticals.

Summary

The Senior Director, Business Development and Alliance Management will serve in a key strategic role for RayzeBio as the central point of contact for internal coordination of developing new potential partners, external interface with existing partners and BMS colleagues.

Job Responsibilities

Essential duties and responsibilities include the following.  Other duties may be assigned.

  • Serve as internal expert on potential partner alliances by becoming an expert on radiopharm assets in the field, identifying and doing due diligence on assets of interest and making relevant recommendations to RayzeBio leadership
  • Identify specific program assets, identification and due diligence on enabling/platform technologies
  • Serve as external liaison with scientific and biotech communities to raise awareness of RayzeBio’s partnering objectives and capabilities
  • Provide robust analytic and business evaluation support for development opportunities
  • Lead critical aspects of deal negotiation with relevant cross-functional support
  • Lead new alliance launches by ensuring the right level of resourcing to enable long-term success
  • Act as a key driver of the goals of the collaboration by fostering long-term relationships between RayzeBio and our partners and ensuring adherence to legal and contractual responsibilities through management of joint steering committees
  • Form deep connectivity with relevant counterparts at partner companies to mitigate conflict and continually evaluate partnership expansion opportunities
  • Deep understanding of the research, drug development, regulatory approval, and commercialization process. 
  • Partner very closely with our BMS counterparts to ensure a coherent and aligned strategy for Radiopharma
  • Up to 25% of travel required

Education and Experience

  • Advanced scientific degree (PhD, MS, PharmD) in a discipline related to drug research or development
  • 10-15 years in biotech or pharma preferably in pipeline development, search and evaluation, R&D or a project leader role
  • Radiopharma experience is a plus

Skills and Qualifications

Beyond having the requisite experience and qualifications, a successful candidate will have high levels of self-motivation, adaptability, critical thinking, analysis, and creative problem-solving. This is a fast-paced position within a fast-paced organization, so the ability to come in and hit the ground running is critical for success in the role.

  • Deep understanding of the research, drug development, regulatory approval, and commercialization process. 
  • Strong analytical, communication, and leadership skills with demonstrated ability to synthesize and communicate high-level insights effectively to senior management internally and externally.
  • Strong scientific acumen and ability to discuss and debate scientific data
  • Ability to bridge science with rational business terms
  • Self-starter who is a department of one and able to prioritize their time and effort on the areas of greatest interest to Rayzebio

Physical Demands

While performing the duties of this job, the employee is regularly required to sit, reach with hands and arms, and talk or hear. The employee must occasionally lift and/or move up to 15 pounds. Specific vision abilities required by this job include close vision and distance vision. 

Work Environment

The noise level in the work environment is usually moderate.

The starting pay rate takes into account characteristics of the job, such as required skills and where the job is performed.

Final, individual compensation will be decided based on demonstrated experience.

Benefit offerings are subject to the terms and conditions of the applicable plans then in effect and may include the following: Medical, pharmacy, dental and vision care. Employee assistance programs (EAP) and a 401(K). Financial protection benefits such as short- and long-term disability, life insurance and supplemental health insurance. Work-life programs include paid national holidays and optional holidays, Global Shutdown days between Christmas and New Year’s holiday, up to 120 hours of paid vacation, and sick time off. Parental, caregiver, bereavement, and military leave. Other perks like tuition reimbursement.

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