Title: Director, Business Development
Location: Brisbane, CA
About Us:
Vera Therapeutics (Nasdaq: VERA), is a late-stage biotechnology company focused on developing treatments for serious immunological diseases. Vera’s mission is to advance treatments that target the source of immunologic diseases in order to change the standard of care for patients. Vera’s lead product candidate is atacicept, a fully humanized fusion protein self-administered at home as a subcutaneous injection once weekly that blocks both B-cell Activating Factor (BAFF) and A Proliferation Inducing Ligand (APRIL), which stimulate B cells and plasma cells to produce galactose-deficient IgA1 (Gd-IgA1) and associated autoantibodies, which together form immune complexes that are fundamental in the pathogenesis of IgA nephropathy (IgAN). Vera is also considering evaluating the role of atacicept in other immunologic disorders. Additionally, Vera is developing MAU868, a monoclonal antibody designed to neutralize infection with BK Virus, a polyomavirus that can have devastating consequences in certain settings such as kidney transplant. For more information, please visit: www.veratx.com.
Our values are the cornerstone of our culture. Our values inspire us every day and guide everything we do—from how we hire great people, to advancing our mission together, to achieving our ultimate goal to improve medical treatment for patients suffering from immunological diseases.
Position Summary:
Reporting into the Vice President, Business Development and Alliance Management, the Director, Business Development will play a critical role in designing, negotiating, and executing Business Development deals. This position will also frequently work with the broader leadership team and key stakeholders across the company on a wide range of high value corporate initiatives. The ideal candidate will exhibit excellent analytical, interpersonal and project management skills to facilitate and drive efficient internal and external business interactions.
Responsibilities:
1. Lead the execution of business development & strategic projects, ensuring timely delivery, and alignment with key stakeholders and strategic corporate goals.
2. Identify, establish, and maintain strategic biopharma relationships externally.
3. Create and maintain high-quality partnership materials, including pitch decks, term sheets, collaboration agreements, etc.
4. Work closely with cross-functional technical teams and manage due diligence activities including data room and diligence tracker development and timely updates.
5. Develop financial deal models and analyze deal comparables to support BD deal structuring, negotiations and transactions.
6. Partner closely with R&D and Commercial teams to shape corporate and lifecycle management strategies and lead search and evaluate efforts for external innovation opportunities.
7. Travel as needed (approximately 5-15% of time) to attend meetings/conferences etc.
Qualifications:
1. Advanced degree (i.e., PhD, MSc, MPH, MBA, etc.) with relevant life sciences or business/financial experience strongly preferred.
2. 10+ years of business or related experience in the life sciences sector, and at least 5 years in biopharma business development preferred.
3. Demonstrated track record of deal transactions including a variety of deal types, and an established network of contacts in rare diseases and immunology preferred.
4. Deep understanding of drug development process (preclinical and clinical stages), regulatory, CMC and commercial market dynamics. Prior experience with nephrology is preferred.
5. Working knowledge of intellectual property, patents, and basic concepts of business contracts.
6. Ability to integrate science and industry dynamics into strategy, analyses and negotiations.
7. Creative problem solving and analytical approach to designing deals, strategic framing and quantification of opportunities and tradeoffs, robust valuation and financial modeling skills.
8. Ability to collaborate cross-functionally, communicate effectively and influence a broad variety of stakeholders and facilitate efficient decision-making processes.
9. Strong work ethic, proactive/initiative-taking, attention to details, exceptional organizational skills, solid communicator and presenter.
Vera Therapeutics Inc. is an equal-opportunity employer.
Vera Therapeutics is committed to fair and equitable compensation practices and we strive to provide employees with total compensation packages that are market competitive. For this role, the anticipated base pay range is $232,000 - $266,000. The exact base pay offered for this role will depend on various factors, including but not limited to the candidate’s geography, qualifications, skills, and experience.
At Vera, base pay is only one part of your total compensation package. The successful candidate will be eligible for an annual performance incentive bonus, new hire equity, and ongoing performance-based equity. Vera Therapeutics also offers various benefits offerings, including, but not limited to, medical, dental, and vision insurance, 401k match, flexible time off, and a number of paid holidays.
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