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VP Corporate Development and Strategy

Ardelyx was founded with a mission to discover, develop and commercialize innovative, first-in-class medicines that meet significant unmet medical needs. Ardelyx has two commercial products approved in the United States, IBSRELA®(tenapanor) and XPHOZAH® (tenapanor), as well as early-stage pipeline candidates.     
 
JOB TITLE & SUMMARY 
 
Reporting directly to the EVP of Corporate Development, the VP Corporate Development will have a direct impact on the strategic evolution of the company. This individual will support the conceptualizing, qualifying and executing key initiatives consistent with Ardelyx’s long-range strategic plan.
 
Additionally, this individual will take a leadership role in assessing strategic opportunities for growth and investment in existing and new TA’s, territories and other significant areas of strategic potential identified for Ardelyx. They will work closely with Ardelyx’s executive leadership team, as well as the cross-functional teams within the organization.
The new VP Corporate Development will be a key strategic partner to the EVP of Corporate Development and in particular will play a key leadership role in leading and executing M&A/business development activities , corporate strategy, long range planning and alliance management.
 
Position Duties: 
 
  • Advance, support, and manage all components of Ardelyx’s long-range strategic plan, working with executive leadership. In particular, led and support assessment and formulation of outbound BD&L strategy
  • Measure and communicate progress of Ardelyx’s performance against its long-range strategic plan.
  • Lead identification, evaluation and prioritization of licensing opportunities to execute on strategic plan.
  • Lead/support evaluation and negotiation of M&A opportunities (both inbound and outbound) as appropriate.
  • Lead and, as needed, restructure existing partnerships.
  • Identify, evaluate and build external relationships within the biotech/pharm eco-system
  • Oversee quantitative and qualitative analysis to support core strategic priorities.
  • Monitor and communicate market and environmental trends that inform strategy development.
  • Partner with internal leaders and stakeholders to evaluate and formulate early strategy around pricing, reimbursement, and access in addition to other key product forecast levers.
 
Position Requirements: 
 
  • Educational background: Master's Degree in business, finance, or related field. Cardiorenal or Gastrointestinal training/ experience is highly desired but not a must. Broad understanding of cardiorenal, gastrointestinal or similar therapeutic area is ideal.
  • Senior Level Leadership experience: 5-10 years of progressive leadership experience working for a biopharma company, with successful track record in having led innovative companies to significant growth. Global experience is highly preferred.
  • Business Development and Corporate Strategy: Strategic and visionary leadership skills with initiative, emotional intelligence and interpersonal capabilities to achieve transformative change. This individual has strong quantitative and analytical due diligence skills and has an operational and/or strategy background across a combination of corporate development and commercial experience. Deal leadership, negotiation and execution experience is crucial
  • Superb communication/negotiation style: This person must be a highly articulate and fluid communicator in both individual and group settings. It is necessary that this individual can work collaboratively with a highly competent scientific team while building awareness of the company in the external marketplace. Furthermore, the ability to influence a broad range of constituents, both scientific and business in orientation, internally, externally and on the Board of Directors is essential.
 
Location:
Location is flexible or possible hybrid position, and as needed travel to Ardelyx corporate offices. 
The anticipated annualized base pay range for this full-time position is $279,885 – 370,875.  Ardelyx utilizes industry data to ensure that our compensation is competitive and aligned with our industry peers.  Actual base pay will be determined based on a variety of factors, including years of relevant experience, training, qualifications, and internal equity.  The compensation package may also include an annual bonus target and equity awards, subject to eligibility and other requirements.     
Ardelyx also offers a robust benefits package to employees, including a 401(k) plan with generous employer match, 12 weeks of paid parental leave, up to 12 weeks living organ and bone marrow leave, equity incentive plans, health plans (medical, prescription drug, dental, and vision), life insurance and disability, flexible time off, annual Winter Holiday shut down, and at least 11 paid holidays. 
  
Ardelyx is an equal opportunity employer.    
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CEO of Ardelyx
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SENIORITY LEVEL REQUIREMENT
TEAM SIZE
No info
EMPLOYMENT TYPE
Full-time, hybrid
DATE POSTED
September 23, 2024

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