The Company
We are Alloy Therapeutics—a biotechnology ecosystem company empowering the global scientific community to make better medicines together. Through a community of partners, we democratize access to pre-competitive tools, technologies, services, and company creation capabilities that are foundational for discovering and developing therapeutic biologics. The company facilitates affordable, non-exclusive access to the entire drug discovery community from academic scientists, small and medium biotech, to the largest biopharma. At Alloy, we believe our industry should compete on getting the best drugs to patients as quickly as possible, not exclusive access to the best platforms. As a reflection of our relentless commitment to the scientific community, we reinvest 100% of its revenue in innovation and access to innovation. MAY THE BEST DRUG WIN.
Alloy is headquartered in Waltham, MA with additional labs in Cambridge, UK; Basel, CH; and Athens, GA. Successful members thrive in our shared culture of accountability, deliberate trust, and open communication. As a team we aspire to work together to exceed expectations and collectively contribute across the global organization to always maintain our nimble, startup culture. Come thrive at Alloy!
The Team
82VS was launched in 2020 to allow company builders and operators to efficiently launch new asset-centric companies leveraging Alloy’s drug discovery platforms, services, and company creation infrastructure. To date 82VS has founded nine asset-focused companies developing new medicines across the areas of oncology, immunology, ophthalmology, neurology, and rare diseases. Our current companies are developing antibody, antisense oligonucleotide, and TCR mimic therapeutics, but we are also working actively to build out multimodal therapeutics and expand our delivery capabilities (e.g., antibody conjugates, peptides).
We Discover
We are a venture studio leveraging Alloy’s pre-competitive drug discovery platforms. Established drug discovery, scientific, and lab resources allow entrepreneurs to start their first experiment on day one.
We Partner
We partner with academics, entrepreneurs, target-rich companies, pharma, and VC. We lead with our drug discovery work, helping others advance targets of interest.
We Build
We build asset-focused companies while continuing to incorporate new modalities and drug discovery platforms accessible throughout the Alloy ecosystem. Alloy creates new platforms and services on demand to support individual new companies if needed.
We Industrialize
We industrialize repeatable company launch processes across legal, HR, finance, operations, and marketing to minimize startup time and allow scientists to focus on the science.
The Role
As a Venture Partner, you will be provided with agency to work and collaborate across scientific, operational, and business areas to build new biotech companies from idea to Series A and/or high-value M&A, whichever comes first. You will bring your “no task too small mentality” to all of your work and will manage everything from the smallest operational and scientific details to the largest strategic and business elements. You will work daily with Founders, drug discovery scientist, KOLs, VCs, and biopharma collaborators to build ideas into capital-efficient companies with investible asset-centric portfolios. This role requires a philosophical belief that out collaborating is better than out competing in the development of medicine.
This role will report to the President of 82VS with autonomy owning various stakeholders, projects, and initiatives in a dynamic start-up environment while keeping up the pace of 82VS. This is you!
How You’ll Drive Impact
Establish: create the most capital-efficient biotech companies with strong investible scientific narratives in a venture studio model. The model provides support including access to Alloy drug discovery platforms and R&D experts, early validating experimentation, lead discovery, lead optimization, target prioritization, fundraising strategy and access to capital. This enables our entrepreneurs to achieve financial independence in 18-24 months. You will be the Co-Founder that contributes irreplaceable value by picking up all of the loose ends of a company and optimizing operations for success to allow the CEO, CSO, and scientists to shine with their strengths and drive value for the company.
Operate: step into the COO seat for your new companies and be accountable for all aspects of a new company including syndicating with other investors, incorporating new entities, developing and implementing strategic and operating plans including product roadmaps from concept to clinic, TCPs and TPPs, building budgets and forecasts, establishing strong KOL relationships and SAB, developing work plans with Alloy’s R&D teams and managing scientific operations, creating pitch decks, writing the investment memo and communications to investors, setting goals and executing with external partners, performing all marketing and communications, recruiting executives, and driving company to Series A financing and/or high-value M&A.
Negotiate: broker with potential partners (e.g., VC and pharma) and entrepreneurs to ensure fair and equitable relationships with our partners; strong fences build strong neighbors, which start with term sheets and sharing the common goal of making medicine together.
Transact: lead portfolio companies to equity financing and high value transactions with pharmaceutical/biotech partners to accelerate the discovery and development of the programs and medicines that we build by ensuring the narrative, fundraising materials, outreach, pitch, data, markets and data rooms are ready for our entrepreneur’s companies, supporting them through the process from the science bench to the company board. Success for a Venture Partner is seeing each of their companies achieve a Series A financing led by a world-class venture capital firm or M&A by a leading biopharma company, in order to accelerate the development of medicines and their access to the patients.
Why We Value You
You have deep scientific and company building experience; your experience adds to the collective Alloy and 82VS team knowledge and perspective
You are interested and devoted to making medicine more available, not because you have to, but because you want to
You understand and value being able to independently access and build biotech companies in a supportive environment
You are comfortable learning about new areas of knowledge with which you have limited familiarity, and if you don’t, work your network to better understand
You can balance what good academic science looks like, but understand that a team is equally important to building investable biotech companies
You have strong communication skills including verbal, written, and slidecraft
You have demonstrated an incredible work ethic, strong time management skills, and the ability to work on multiple projects simultaneously
You are comfortable identifying, proposing, structuring, and advancing projects independently and understand that others may disagree
You thrive as a member of a team, collaborating with others, and helping others with challenges they face
You are generous when others are needy, greedy, or fearful
Desired Multipliers
Proven experience in venture creation, and development of assets to the clinic and/or market. Prior experience in a Senior or C-suite role is highly desirable.
Proficient technical knowledge of drug discovery, regulatory, manufacturing, and clinical development.
Exceptional leadership, strategic planning, and decision-making skills. Strong business acumen and ability to manage complex transactions.
PhD, MD, or Masters with 2+ years research experience in the fields of biomedical research, drug discovery or similar
5+ years in early stage biotech startups (i.e. company with less than 10 people) and/or biotech VC with experience in early stage company building
5+ years of experience in project management, alliance management, or license transactions within a business development function
Ability to work across various US and international time zones
Accommodate occasional travel as needed (20%)
Taking Care of Our People
We support the individuality of what people need to do outside of work to empower them to do their best at work. While you focus on making better medicine together, we focus on programs and benefits that support a diverse and growing team. Whether you’re single, in a growing family, or nearing retirement, Alloy offers a variety of comprehensive and competitive benefits starting from day one.
Competitive base and equity compensation
401(k) company match and financial planning
Unlimited PTO (paid time off) and flexible schedules
Generous personal and family medical, dental and vision benefits with 90% of premiums and deductibles covered
Company-paid disability (STD, LTD) and life insurance
Paid parental leave
Family planning support over $40,000 (e.g. IVF/PGT, adoption, surrogacy, egg retrieval)
Flexible work schedule built around our team-driven philosophy
International travel insurance
Annual stipend for continuing education with commitment to your career through individualized professional development plan
Diversity, Equity, and Inclusion
Here at Alloy, we democratize capabilities for discovering and developing therapeutic biologics. So, being diverse and inclusive isn’t just something we strive for, it is who we are, and part of what we do each and every single day. We want to ensure that as an employee, you feel Alloy is a place where, no matter who you are, you feel safe, included, and that you have the opportunity to bring your unique self to work.
Alloy Therapeutics is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, veteran status, disability, or other legally protected status. If you are unable to submit an application because of incompatible assistive technology or a disability, please contact us a [email protected]. We will make every effort to respond to your request for disability assistance as soon as possible.
Powered by JazzHR