Associate Director/Director, Business Development
South San Francisco /
G&A /
Full-Time
/ On-site
Lycia Therapeutics, Inc. is a biotechnology company leveraging its lysosomal targeting chimera (LYTAC) platform from Founder and Chemistry Nobel Laureate 2022, Carolyn Bertozzi, to discover and develop first-in-class therapeutics that degrade extracellular and membrane-bound proteins. Lycia’s next generation degraders harness the cell’s endogenous lysosomal trafficking and degradation machinery with the potential to degrade targets previously considered to be intractable, across a spectrum of indications. After raising $105 million in capital in 2021, Lycia is advancing an internal pipeline of novel degraders and has entered a strategic collaboration with Eli Lilly to address key unmet medical needs. Lycia is headquartered in South San Francisco.
The (Associate) Director, Business Development will be responsible for business development, competitive intelligence and contract management at Lycia. Business development activities will consist of managing the partnering process in collaboration with the CBO. Competitive intelligence activities will include the identification and monitoring of companies and institutions that develop products or platforms that are competitive with Lycia efforts. Contract management activities will focus on managing the review and execution of business-related agreements.
What You Will Do:
- Identify suitable pharma/biotech partners for Lycia assets and technology
- Manage the partnering interactions, including preparing presentations and scheduling
- Support the negotiation and execution of strategic alliances and licensing agreements
- Identify companies and research organizations that develop technology or assets that are competitive with the Lycia platform
- Monitor progress of these entities and determine how Lycia technology is differentiated from these approaches
- Update management on these developments on a regular basis.
- Manage Contracts Database
- Track requests, legal review and execution of business-related agreements such as CDAs, MTAs and MSAs
- Support strategic projects as needed
Business development:
Competitive Intelligence:
Contract Management:
What You Will Bring:
- PhD, MD, PharmD or MBA with at least BS-level scientific training in Biology, Chemistry or similar discipline
- Work experience in Business Development, Management Consulting, or Investment Banking; minimum of project/engagement manager level experience or equivalent required
- For Associate Director level position, no previous business development experience is required; for Director level position at least 2 years in a business development group in pharmaceutical or biotech company is required
- Proven track record of project ownership/management and team leadership
- Excellent written and verbal communication skills
- Values cross-functional collaboration, scientific diligence/rigorand diverse perspectives to inform rigorous decision making
- Must be able to effectively work in a fast-paced, dynamic and high-growth environment with demonstrated ability to manage multiple competing priorities with a high degree of self-motivation
$165,000 - $260,000 a year
The expected base salary range for this role is:
Director, Bus Dev - $200-$260k
Associate Director, BD - $165k-$205k
We encourage candidates of all levels to apply as there is often flexibility on job title and responsibilities. Compensation will be based on a variety of factors, including experience, qualifications and internal equity. Lycia offers a competitive employment package that includes an annual bonus, equity, and a generous benefits package.
We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status
