Director or Senior Director, Business Development

Kymera Therapeutics, Inc.; Watertown (MA); On-site; USD 195,000 - 330,000; Full time

Benefits offered by this job

Equity participation

Annual bonus

Comprehensive benefits

Job summary

Kymera Therapeutics, Inc. is seeking a senior Business Development leader to drive the company’s BD strategy and form strategic partnerships around our targeted protein degradation platform.

You will own the deal lifecycle end-to-end, coordinating with R&D, legal, and finance to close high-impact collaborations. You will evaluate opportunities, lead due diligence, model financials, and negotiate licensing and collaboration agreements while partnering with internal and external stakeholders.

Qualifications

• Advanced degree required (PhD/MD/MBA) with scientific fluency and business acumen.
• 8+ years in business development, corporate development, or strategy consulting in biopharma.
• Experience across full deal lifecycle: sourcing, diligence, negotiation, structuring.
• Proven ability to work with cross-functional teams and manage multiple projects.

Responsibilities

• Drive Kymera's BD strategy and partnerships, positioning platform and pipeline at the center of collaborations.
• Identify, evaluate, and close strategic transactions with top biopharma partners.
• Own deals end to end from opportunity to signature, coordinating with R&D, legal, finance and outside counsel.
• Lead cross-functional diligence and prepare materials (presentations, term sheets, models).
• Develop financial analyses including forecasts, comparables, and NPV valuations.
• Lead negotiations and execution of collaboration agreements (licensing, MTAs, CDAs).
• Represent Kymera to industry partners and at partnering conferences and events.

Skills

Business development

Corporate development

Strategy consulting

Cross-functional leadership

Negotiation

NPV modeling

Forecasting

Valuation analysis

External partnerships

Education

PhD

MD

MBA

Job description

Who we are:

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.

Equal Employment Opportunity

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 - $330,000, 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.