Associate Director, Corporate Development and Strategy
Description
Ardelyx is a publicly traded commercial biopharmaceutical company founded with a mission to discover, develop and commercialize innovative first-in-class medicines that meet significant unmet medical needs. Ardelyx has two commercial products approved in the United States, IBSRELA® (tenapanor) and XPHOZAH® (tenapanor). Ardelyx has agreements for the development and commercialization of tenapanor outside of the U.S. Kyowa Kirin commercializes PHOZEVEL® (tenapanor) for hyperphosphatemia in Japan. A New Drug Application for tenapanor for hyperphosphatemia has been approved in China with Fosun Pharma. Knight Therapeutics commercializes IBSRELA in Canada.
Description:
Reporting directly to the Vice President of Corporate Development and Strategy, the Associate Director will have a direct impact on the strategic evolution of the company. This individual will support the conceptualizing, qualifying and executing key initiatives consistent with Ardelyx’s long-range strategic plan.
Additionally, this individual will take a partnership role in assessing strategic opportunities for growth and investment in existing and new TA’s, territories and other significant areas of strategic potential identified for Ardelyx. They will work closely with Ardelyx’s executive leadership team, as well as the cross-functional teams within the organization.
The Associate Director will play a key role in sourcing business/corporate development opportunities, collaborating with cross-functional teams to assess and conduct due diligence, and supporting the execution of M&A and licensing transactions. To be successful in this role, you must be passionate about making a difference for patients, possess excellent project management and communication skills, have the passion to challenge the status quo, and be able to think strategically and creatively.
Responsibilities:
- Serve as an internal expert in identifying, evaluating, and prioritizing M&A and licensing opportunities
- Collaborate with cross-functional teams to conduct diligence and compile comprehensive business case materials to inform decision-making
- Oversee quantitative and qualitative analyses to support M&A and licensing transactions and core strategic priorities
- Manage the pipeline of opportunities, track catalysts, and follow up with coordination of cross-functional evaluations when necessary
- Identify, evaluate, and build external relationships within the biotech/pharma ecosystem, actively sourcing ideas and attending partnering conferences
- Monitor and communicate market/industry trends to inform strategy development
- Bachelor’s degree with 8+ years of related experience in the biopharma industry, including 5-7+ years of progressive deal experience with a successful track record of supporting innovative companies to significant growth
- Advanced degree (PhD, MBA, MD, or equivalent) preferred but not a must
- Strong quantitative and analytical due diligence skills; experience in deal process, modeling, negotiation, and execution is crucial
- Strategic skills with initiative, emotional intelligence, and interpersonal capabilities to achieve transformative change
- Highly articulate and fluid communicator in both individual and group settings
- Ability to work collaboratively with highly competent scientific and commercial teams
- Ability to influence a broad range of constituents, both scientific and business-oriented, internally and externally
Location:
- Waltham, MA office-based hybrid position
The anticipated annualized base pay range for this full-time position is $176,000-$215,000. Ardelyx utilizes industry data to ensure that our compensation is competitive and aligned with our industry peers. Actual base pay will be determined based on a variety of factors, including years of relevant experience, training, qualifications, and internal equity. The compensation package may also include an annual bonus target and equity awards, subject to eligibility and other requirements.
Ardelyx also offers a robust benefits package to employees, including a 401(k) plan with generous employer match, 12 weeks of paid parental leave, up to 12 weeks of living organ and bone marrow leave, equity incentive plans, health plans (medical, prescription drug, dental, and vision), life insurance and disability, flexible time off, annual Winter Holiday shut down, and at least 11 paid holidays.
Ardelyx is an equal opportunity employer.