Executive Director, Business Development

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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 Executive Director, Business Development will hold a pivotal leadership position, responsible for identifying, evaluating, and executing business development opportunities that align with RayzeBio’s strategic vision and growth targets. The role involves collaboration with internal stakeholders and engagement with external partners to establish and advance partnerships that propel RayzeBio’s leadership in the radiopharmaceutical industry. This is an in-office based role located in San Diego, CA.

Job Responsibilities

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

• Lead the identification and evaluation of new business opportunities within the radiopharmaceutical space, conducting comprehensive analysis and due diligence on potential assets and technologies.

• Provide strategic recommendations to RayzeBio’s leadership based on thorough research and market intelligence.

• Establish and nurture relationships with the scientific and biotech communities to promote RayzeBio’s business development goals and expand the company’s network.

• Drive deal negotiations, structure agreements, and manage the execution of business development initiatives to align with corporate objectives.

• Collaborate closely with cross-functional leaders across R&D, commercial, and finance to integrate business development strategies that support RayzeBio’s growth.

• Partner with BMS counterparts to ensure coherence and alignment with broader strategic initiatives and shared resources.

• Ensure seamless integration of new business opportunities into RayzeBio’s operational framework, aligning with company processes and long-term objectives.

Education and Experience

• Advanced scientific degree (PhD, MS, PharmD) in a relevant field such as drug research or development.

• 10-15 years of experience in the biotech or pharmaceutical industry, with required experience in business development and a focus on pipeline development, search and evaluation, or project leadership.

• Experience in radiopharmaceuticals or oncology-related areas is highly desirable.

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.

• High-level analytical, strategic thinking, and problem-solving capabilities.

• Strong leadership, communication, and interpersonal skills with demonstrated abili