Molecule’s story starts with patients and researchers. We believe patients have a role to play in funding research - developing the therapeutic breakthroughs they need. Our mission is to support and develop accessible, innovative therapeutics through collaboration and funding of biotechnology research at the earliest stages of development. We believe the future of biotech R&D is decentralized, and Molecule is building the platform to enable matching the best research with the right funding partners.

We recently closed our $12.7m Seed round, and are rapidly expanding our R&D and business development functions.

Role

As Molecule’s Director of Business Development & New Ventures, you have a unique opportunity that will shape the future success of not only Molecule, but the biotechnology industry at large. Our ecosystem of BioDAOs are constantly sourcing and evaluating inbound research proposals and early stage biotech intellectual property to fund. As Director of Business Development & New Ventures, you will have a direct role in shaping and sourcing early stage IP that BioDAOs, supported by Molecule, fund and you will personally have the opportunity to participate in the financial upside of the assets as they develop.

This role will involve evaluating inbound opportunities and funded projects that have the highest probability of success based on the quality of the data and commercialization potential around the asset (what we call an IP-NFT). In this role, you will be a technology scout, hunting for the best external early assets and research to in-license, and evaluate the optimal path to derisk the highest-value assets in Molecule’s existing internal pipeline.

This role will also involve aspects of company building, supporting and hiring teams around assets to spin out from the BioDAOs to form companies, and to take to IND and clinical trial stages. It will be your job to decide, execute and sheppard the best assets to spin out of the BioDAOs and Molecule’s ecosystem. You will also need to plug into the working groups inside BioDAOs and work closely with the CSO and R&D Managing Director in the planning, implementation, and project management of research projects involving decentralized technology transfer - essentially carrying these initial proposals to funded, operational spinout companies.

Duties and Responsibilities

Work closely with the Biotech Program team and help curate deal flow, perform due diligence, and advise DAOs on investment decisions

Build and manage a diverse global sourcing network for early assets to insource to BioDAOs in Molecule’s ecosystem

Support filing intellectual property from data being generated by funded projects

Find commercial partners who may want to license the intellectual property or form joint ventures with Molecule

Forming spinout companies for IP that needs to be further developed

Fundraising and hiring for spinout biotech companies

Performing due diligence on contract research organizations for spin out biotech companies

What You Bring to the table

5 years of experience in a similar role (biotech venture capital, venture studio, technology transfer, or business development / management experience is advantageous)

Strong understanding of biotech intellectual property and experience developing your own IP or dissecting others’

Strong interest, understanding or experience in web3

Network across the biotech venture capital and venture creation space in Europe & US, Asia would be a plus

Ability to do necessary cold outreach to commercial pharma partners

Ability to fundraise from biotech venture capitalists and/or limited partners

Ability to learn new scientific concepts quickly

Ability to pivot quickly and adapt to competing and ever-evolving priorities

Ability to multitask, set priorities, and work in a dynamic startup environment

Ideally a track record of building biotech companies in a management or investor role

Ideally a network inside biopharma business development and licensing orgs

You are a self-starter and comfortable to working autonomously

You have an exceptional work ethic accompanied by a positive, get-it-done attitude

You are a thinker and have high attention to detail, organization, and processes

You are proficient in English

You are located within the United States, ideally in Boston or New York City (we are also open to considering the SF Bay Area)

Reporting relationship

You report directly to Molecule’s Co-founder & Chief Scientific Officer, Tyler Golato

Our offer to you

Competitive salary to biotech VC and pharma business development positions

Future ownership of assets in-licensed and developed in the Molecule ecosystem

Future token compensation

Flexible working hours

Generous annual holiday/paid time off days

Mental health days

Paid business travel to our Berlin Office, to visit customers and conferences

If you need one, a brand new Apple MacBook is yours

Co-working office membership

Bi-yearly company off-sites in Europe

Equal Opportunity

We are an equal-opportunity employer. We are committed to equality and weaving a community that values diverse perspectives and experiences and are actively seeking a diverse pool of applicants. All employment decisions are made without regard to race, color, national origin, ancestry, sex, gender, gender identity or expression, sexual orientation, age, genetic information, religion, disability, medical condition, pregnancy, marital status, family status, veteran status, or any other characteristic protected by law.

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