Chief Business Officer

tl;dr

General Proximity is a seed-stage startup developing the next generation of induced proximity medicines (IPMs). Our OmniTAC drug discovery engine furnishes molecules that co-opt existing cellular machinery to overcome therapeutic challenges, which have remained unapproachable to other modalities for decades.

We are seeking a first-rate Chief Business Officer to help us pioneer this uncharted frontier of drug discovery.

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Our Story

A long-standing challenge in drug discovery is the development of molecules capable of modulating difficult or "undruggable" targets. Disease-causing proteins can be dysfunctional in many different ways, but our armamentarium for fixing them is quite limited. The most common mechanism of action for FDA-approved drugs is inhibition[1], but there are many other possible perturbation types whose potential remains unrealized.

General Proximity is a seed-stage drug discovery company developing a novel platform technology to solve this problem. We make bifunctional drugs that induce the modification of drug targets by existing cellular machinery (rather than through direct modulation by the drug, the classical approach).

Historically, the development of technologies that allow one to push new buttons in biology has been an incredibly fertile field for the discovery of new medicines[2, 3, 4], and our technology holds the same promise.

 

The Position

We are seeking an experienced Chief Business Officer to help lead our company. This position will play a critical leadership role in driving the strategic and operational growth of the company. Your responsibilities will include identifying and evaluating new growth opportunities, establishing strategic alliances, leading efforts to identify, negotiate, and execute strategic partnerships, collaborations, and licensing agreements, among other responsibilities outlined in the job description below. 

 

About You

High Agency. Initiative, independence, and self-accountability are some of our most valued traits.

Enthusiastic. We love people who are excited about what they are doing and are generally attempting to build a high-energy team.

Intensity and Grit. Early-stage startups are hard. Drug discovery is doubly so. We are looking for candidates who have a demonstrated ability to stick with complex problems for the long haul, with a team that has your back along the way.

Prosocial. We are here to create life-saving medicines for the patients who need it most. You should be, too.

 

Qualifications & Nice-To-Haves

• Advanced degree in Life Sciences, Business, or related field (MBA, PhD, or equivalent).
• 10+ years of leadership experience in biotech or pharmaceutical industries, with senior roles in corporate strategy, business development, and investor relations.
• An extensive and impressive deal sheet that demonstrates a track record of identifying, negotiating, and closing strategic partnerships, collaborations, and licensing agreements with biotech and pharma companies.
• Exceptional leadership, interpersonal, and communication skills, with the ability to engage and influence diverse stakeholders.
• Proactive with demonstrated ability to work effectively in a team setting.
  
  
• Strong experience with:
• Assessing and understanding biotech industry trends and competitive landscape, combined with a deep scientific and business acumen
• Deep knowledge of drug discovery and development
• Capital raising from VCs and a strong network of industry and investor contacts
• Asset valuation, forecasting, deal analysis and structuring with strong financial acumen
• Collaborating with internal teams to structure optimal partnership frameworks, including with research & development, clinical, IP, and legal to drive partnerships forward and ensure long term success
• Providing strategic financial analysis and insights to support business decisions and optimize company performance
• Preparing and delivering compelling presentations
  
  
• Nice to have:
• Experience with companies developing PROTAC/molecular glue/next-gen induced proximity medicine (IPM) technologies
• Experience working in Biotech startups and navigating IPO processes

 

Benefits

• Strong equity incentives. We are looking for candidates who will bring a strong sense of ownership to drive their project areas forward, and we believe that you deserve to be compensated accordingly.
• Top tier medical, dental, and vision coverage + One Medical membership.
• 401(k) retirement plans.
• Education and health/fitness incentive programs.
• Meditation retreats—do a ten-day Vipassana retreat without counting towards vacation days. 
• Reading budget! We will buy you books. 📚
• Located in the MBC BioLabs at 135 Mississippi Street, an entrepreneurial hub full of the best scientists and operators the Bay Area has to offer. Our lab is a very short walk from the 22nd St Caltrain Station and a number of wonderful restaurants and cafés.

 

About Us

Work Hard/Play Hard. We believe time is our most valuable commodity, so we strive to create a culture that reflects this. We won’t drag you through unnecessary meetings or email you at 7 PM on a Saturday. When we're at work, we're there to get things done, and when we're off, we're really off. 🌴

Strong Communication. We like well-written documents over PowerPoints, OKRs over vague mission statements, and weekly one-on-ones over yearly reviews.

Writing First. We have a "writing-first" culture. We believe that clarity of writing reflects clarity of thinking and that the benefits of well-written documentation in a scientific environment are innumerable: democratization of ideation and decision-making, increased reproducibility, quicker scaling and onboarding, and better company-wide alignment, to name a few.

Growth. As an early-stage startup, we value scientists with an independent, can-do attitude. The more hats you can wear, the better. Our job as employers is to put you in positive feedback loops so you can grow in the direction of your choosing.

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Title and compensation commensurate with experience. Applications from candidates of diverse backgrounds, women, and members of underrepresented minority groups are particularly welcomed. We look forward to hearing from you. :)

 

More info at jobs.generalproximity.bio