Director, Business Development

Kymera Therapeutics; Boston (MA); On-site; USD 195,000 - 275,000; Full time

Job summary

Kymera Therapeutics is a clinical-stage biotechnology company advancing targeted protein degradation to develop medicines that address critical health problems. We are seeking a seasoned Business Development leader to drive partnerships, evaluate opportunities, and structure deals end-to-end, collaborating with R&D, legal, and finance.

The role requires an advanced degree and 8+ years in biopharma BD or strategy consulting, with strong negotiation, modeling, and external representation skills.

Qualifications

• An advanced degree that reflects scientific fluency and business acumen.
• 8+ years of experience in business development, corporate development, or strategy consulting in biopharma.
• Experience across the full deal lifecycle: sourcing, diligence, negotiation, and structuring.
• Excellent negotiation, written, and presentation skills.
• Working knowledge of biopharma R&D, clinical development, and regulatory pathways.

Responsibilities

• Drive Kymera's business development strategy, positioning our TPD platform and pipeline at the center of strategic partnerships.
• Identify, evaluate, and close strategic transactions with leading biopharma companies—spanning buy- and sell-side opportunities.
• Own transactions end to end, from initial opportunity through signature agreement, with cross-functional teams.
• Lead and coordinate cross-functional diligence teams.
• Prepare high-quality partnering materials, including presentations, term sheets, valuation models.
• Lead search and evaluation processes for prioritized external opportunities.
• Develop financial analyses, including forecasts, comparables, and NPV valuations.
• Lead negotiation and execution of collaboration agreements in close partnership with internal and external counsel.
• Represent Kymera in industry, building relationships with BD counterparts at current and potential partners.
• Represent Kymera at partnering conferences and industry events to build relationships and support S&E activity.

Skills

Advanced degree scope

BD/Corp Dev experience

Deal lifecycle

Cross-functional work

Negotiation/presentation

NPV/valuation modeling

Strategic judgment

Biopharma R&D knowledge

Education

PhD/MD/MBA

Job description

Kymera is a clinical-stage biotechnology company pioneering the field of targeted protein degradation (TPD) to develop medicines that address critical health problems and have the potential to dramatically improve patients' lives. Kymera is deploying TPD to address disease targets and pathways inaccessible with conventional therapeutics. Having advanced the first degrader into the clinic for immunological diseases, Kymera is focused on building an industry-leading pipeline of oral small molecule degraders to provide a new generation of convenient, highly effective therapies for patients with these conditions. Founded in 2016, Kymera has been recognized as one of Boston's top workplaces for the past several years. For more information about our science, pipeline and people, please visit www.kymeratx.com or follow us on X (formerly Twitter) or LinkedIn.

How we work:

• PIONEER: We are courageous, resilient and rigorous in our mission to improve patients’ lives through our revolutionary degrader medicines.
• COLLABORATE: We value trust + transparency from everyone. Our goals are shared, our decisions data-driven and our camaraderie genuine.
• BELONG: We recognize our differences, inviting curiosity and inclusivity, so that our people are valued, seen, and heard.

How you'll make an impact:

• Drive Kymera's business development strategy, positioning our targeted protein degradation platform and pipeline at the center of strategic partnerships.
• Identify, evaluate, and close strategic transactions with leading biopharma companies- spanning both buy- and sell-side opportunities.
• Own transactions end to end, from initial opportunity through signature agreement, working closely with R&D, legal, finance, and outside counsel.
• Lead and coordinate cross-functional diligence teams.
• Prepare high-quality partnering materials, including presentations, term sheets, valuation models to support transaction processes.
• Lead search and evaluation processes for prioritized external opportunities.
• Develop financial analyses, including forecasts, comparables, and NPV valuations, to inform critical decisions.
• Lead negotiation and execution of collaboration agreements (licensing and collaboration agreements, SRAs, MTAs, and CDAs) in close partnership with internal and external council.
• Represent Kymera in the industry, building relationships with BD counterparts at current and potential partner companies
• Represent Kymera at partnering conferences and industry events (eg. JPM, BIO) to build and maintain relationships with potential partners and support S&E activity.

Skills and experience you'll bring:

• An advanced degree - PhD, MD, or MBA - that reflects both scientific fluency and business acumen.
• 8+ years of experience in business development, corporate development, or strategy consulting in biopharma.
• Experience across the full deal lifecycle: sourcing, diligence, negotiation, and structuring.
• Demonstrated success working with cross-functional teams and managing multiple concurrent projects
• Strong strategic judgment, the ability to work independently and represent Kymera externally
• NPV modeling, forecasting, and comparables analysis with the ability to communicate results clearly.
• A track record of evaluating opportunities from both a scientific and commercial perspective.
• Working knowledge of biopharma R&D (experience with small molecules is a plus), clinical development, and regulatory pathways
• Excellent negotiation, written, and presentation skills.

Kymera Therapeutics is proud to be an equal opportunity employer, seeking to create a welcoming and diverse environment. All applicants will receive consideration for employment without regard to race, color, religion, creed, gender, national origin, age, disability, veteran status, pregnancy, sex, marital status, gender expression or identity, genetic information, sexual orientation, citizenship, or any other legally protected class.

Compensation

• Kymera offers a competitive compensation package that recognizes both results and capabilities through market-based, performance-driven pay.
• The anticipated base salary range for this role is $195,000 - $275,000, with eligibility for annual bonus, equity participation, and comprehensive benefits.
• Actual salary is based on a holistic evaluation of the specific role/level as well as each candidate's depth of experience and the capabilities they bring to the position.