Vice President and Head of Business Development - Washington, United States - SystImmune Inc.

    SystImmune Inc.
    SystImmune Inc. Washington, United States

    1 month ago

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    Description

    Vice President and Head of Business Development


    This position requires a hybrid working model, with expectations of being in office 2-3 days a week at either the headquarters of Redmond, WA or an office in central New Jersey, which location is being determined.

    Company Overview:

    SystImmune Inc. is a dynamic clinical-stage bio-pharmaceutical company headquartered in Redmond, WA. Our mission is to revolutionize cancer treatment by developing breakthrough-therapeutic multi-specific antibodies and ADCs. With multiple assets in clinical trials and a robust preclinical pipeline, we are committed to advancing innovative therapies from discovery through IND-enabling stages.

    Position Summary:

    As theVice President and Head of Business Development, you will be a key driver in shaping SystImmune's growth trajectory. Your strategic vision, leadership, and ability to develop our portfolio strategy and forge impactful partnerships will directly impact our clinical asset progress. This role combines business acumen, scientific understanding, and team management to unlock the full potential of our technology platforms and pipeline. You will report directly to the CEO and partner closely with R&D, Finance, and Manufacturing both at SystImmune and its affiliate in China.

    Responsibilities:

    Business Development Strategy:

    • Develop and execute a comprehensive business development strategy aligned with SystImmune's scientific, strategic, and financing plans.
    • Identify licensing, partnership, and collaboration opportunities to accelerate clinical asset development.
    • Collaborate closely with the scientific team to define and deliver key data packages and lead all scientific due diligence process by potential partners.
    • Develop proposed deal architecture and terms, and lead negotiations of term sheets and agreements with potential partners in collaboration with legal and finance.

    Commercial assessment, competitive landscape, and portfolio strategy:

    • Work closely with R&D to formulate company's portfolio strategy based on the commercial assessment, scientific data, competitive landscape, market insights, and fit with company's long-term strategy.
    • Oversee and be accountable for commercial assessment to support portfolio decisions and prioritization of portfolio, including but not limited to commercial forecast.
    • Develop initial target opportunity profile, build product differentiation hypothesis, and support product development strategy decisions.
    • Monitor external landscape, with a focus on close competitors, and keep track of the development of competitive assets and identify potential competitive threat.

    Team Leadership and Coaching:

    • Lead and mentor a high-performing business development and commercial assessment team.
    • Foster a collaborative and results-driven culture.
    • Provide guidance on deal structuring, relationship building, and strategicdecision-making.

    External Communications:

    • Create compelling partner pitch decks that showcase SystImmune's story and product portfolio. Collaborate closely with the scientific team to define and deliver key data packages for effective business development outreach.
    • Build and maintain a network of business development professionals across the pharmaceutical and biopharma industries.
    • Attend conferences, industry events, and investor meetings.

    Organizational System Development:

    • Establish an internal BD organizational system.
    • Track and document all collaborations along the BD pipeline.
    • Provide regular status reports to senior leadership.

    Qualifications:

    - Education:Advanced degree (MBA, PhD, or equivalent) in a relevant field.

    - Experience:

    • Minimum of 15 years in business development within the biopharmaceutical industry.
    • Proven track record of successful deal-making, including licensing, partnerships, and collaborations.
    • Experience managing and coaching teams.

    Core Skills:

    • Strategic thinker with a deep understanding of drug development and commercialization.
    • Excellent negotiation, communication, and presentation skills.
    • Ability to balance scientific rigor with business acumen.

    Interpersonal competency:

    • Having a mindset of adaptability, curiosity, collaboration, resilience, and a passion for purpose is critical.
    • Strong communication skills with effective problem-solving abilities.

    Location:

    This position requires a hybrid working model, with expectations of being in office 2-3 days a week at either the headquarters of Redmond, WA or an office in central New Jersey, which location is being determined.

    Application Process:

    • Interested candidates should submit their resume, cover letter, and relevant portfolio to [email protected] .
    • We look forward to welcoming a visionary leader who shares our passion for advancing cancer therapies at SystImmune

    The hiring pay range for this position is $300,000 - $400,000per year based on skills, education, and experience relevant to the role.


    SystImmune is a stable, well-funded biotech company with a bright future. We offer an opportunity for you to learn and grow while making significant contributions to the company's success. SystImmune offers a comprehensive benefits package including: 100% paid employee premiums for medical/dental/vision, also STD, LTD, a 401(k) plan with a 50% company match of up to 3% and a vesting schedule of only 5 years, 15 PTO days per year, sick leave, plus 11 paid holidays and MORE.

    SystImmune is an Equal Opportunity Employer. Interested applicants should send their CV and cover letter to[email protected]

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