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HomeSenior Director or Vice President of Business Development

Senior Director or Vice President of Business Development

Tune Therapeutics is a cutting-edge biotechnology company founded by world-class leaders in epigenome editing. At Tune, we strive to develop paradigm-changing cell and gene therapies that leverage epigenetic programming for the treatment of devastating diseases. We are building a highly skilled and dynamic team with expertise that spans drug discovery through commercialization. We are passionate about the science of epigenetic editing and its potential to transform patient care.

Tune Therapeutics is seeking a creative, collaborative and member to join its Business Development team to work with a cross-functional team in a dynamic, high growth company. This role will be immersed in strategic and scientific discussions as well as take a lead in driving transactions. This role occupies a critical function within the company as we scale our platform, capabilities, and new knowledge in the quest to transform genetic medicines through the development of epigenome editing therapeutics. Reporting to the President & CFO, the successful candidate will be responsible for establishing, developing, and closing business deals. This individual will direct outreach initiatives to potential partners and collaborators, evaluate opportunities, and negotiate contract terms. The long-term objectives include fostering and maintaining strong relationships with partners, potential partners, and key opinion leaders in the industry and in academia. This opportunity is both multifaceted and very high impact.

This role can be based in Seattle, WA or Durham, NC or remotely.

Key Responsibilities:

  • Responsible for leading business assessments and recommendations of external opportunities, including deal proposals, valuation, deal status, and key issues of potential transactions
  • Establish excellent working relationships with cross-functional team members, in addition to jointly working with potential external collaborators
  • Lead and support robust commercial/financial assessment of deals
  • Provide insights to the commercial and financial evaluation process, assumptions, and outputs
  • Recommend/develop proposed deal structure and terms utilizing an in-depth knowledge of Industry deal making trends.
  • Ability to lead in negotiating, contracting, and executing agreements (e.g., CDAs, MTAs, term sheets, complex collaborations, license agreements, and other strategic alliances)
  • Participate in BD external partnering events/industry meetings and technical / scientific meetings, including preparing materials such as presentations, FAQ and related documents
  • Coordinate and lead due diligence processes
  • Establish and foster external relationships aligned with business opportunities
  • Routinely prepare and communicate business development updates and opportunities to executive leadership team

Qualifications:

  • Advanced scientific degree is required; PhD is preferred, MBA a plus
  • 10-14 years of experience for Senior Director or 12-16 years of experience for Vice President in business development within the pharmaceuticals and biotechnology industry, identifying new products with in-licensing, out-licensing, and strategic partnering opportunities
  • Extensive transactional experience with evidence of value creation, with platform technologies a plus.
  • Proven track record of identifying opportunities and, structuring, negotiating, and closing transactions including strategic alliances, M&A, licensing agreements, joint ventures, equity investments, etc.
  • Entrepreneurial mindset– a result-oriented, “hands-on making it happen” attitude
  • Ability to both influence key stakeholders as well as drive for decisions and outcomes when necessary
  • Able to thrive in a highly dynamic, fast paced, continuously changing environment with minimal oversight/direction

The starting compensation range for this role is from $220,000-$275,000 annually for a Senior Director or $260,000-$315,000 annually for a Vice President (adjusted for location), based on skills, education and experience that is relevant to the position. Other components of total compensation include annual bonus and stock opportunities (based on eligibility).

Tune Therapeutics is an Equal Opportunity Employer and prohibits discrimination and harassment of any kind. Tune Therapeutics is committed to the principle of equal employment opportunity for all employees and to providing employees with a work environment free of discrimination and harassment.

Tune Therapeutics

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08-11-2023

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