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Associate
At Aditum Bio our mission is to give patients access to medicines that that promise to have a life-changing impact on their lives. Co-founded by industry veterans Joe Jimenez, former CEO of Novartis and Mark Fishman, former President of the Novartis Institutes for Biomedical Research, the firm explores scientific directions with powerful medical implications, and then seeks drug candidates that address those opportunities. Aditum is distinctive in that the team not only identifies and licenses the drug candidate but also defines, prepares for, and runs the first definitive clinical trials.<br><br><strong>Position Summary: </strong><br><br>The Associate will work with Aditum Bio partners to identify new investment opportunities and support the due diligence process on those opportunities, including modeling and simulation. The associate will play an important role throughout the investment lifecycle, supporting activities from defining initial areas of interest, to aiding in diligence and deal negotiations and transactions, to new company formation.<br><br><strong>Specific Responsibilities:</strong><br><ul><li>Propose ideas for potential investments. The Associate will research various pathways and indications, form investment theses and vet those theses with Aditum Partners, Advisors and externally curated experts.</li><li>Perform research to help identify new investment opportunities. To evaluate drug assets of interest to Aditum Bio, the associate will develop and engage with key contacts and prospects in order to access drug assets that may be of interest to the Aditum Bio investment team</li><li>Scientific review panels: Work closely with Aditum Bio partners and scientific advisors to discuss interim findings. Use discussions and feedback to iterate on research and recommendations.</li><li>Deal diligence and transactions: Conduct due diligence on therapies of interest, including scientific, clinical, and financial. Work with functional Aditum Bio experts to develop clinical strategies, development plans, and budgets. Present findings at Aditum Bio Investment Committee. Work with external partners on deal discussions and transactions.</li><li>New Company Incubation and Operations: Help lead new company incubation and operations for assets in licensed. Translate the clinical and scientific findings from investment generation into the new companies formed. </li></ul><br><strong>Qualifications:</strong><br><ul><li>MBA or equivalent advanced degree in finance, business or related fields preferred. MD or PhD is an asset, but not required</li><li>2-4 years of experience in venture capital, investment banking, or management consulting</li><li>Experience in life sciences </li><li>The ability to perform in-depth industry due diligence and data analysis</li><li>Experience working cross functionally to develop business plans and strategies</li><li>Strong track record in effectively working with senior management</li><li>Proven ability to work collaboratively internally and externally, with the ability to manage multiple stakeholders</li></ul><br>Location requirements: This is a hybrid role (2-3 days per week onsite) and can be based from our headquarters in Oakland, California or from our office in Cambridge, Massachusetts.<br><br>The range for this full-time position is $210,000 - 225,000, plus a target bonus, equity compensation and benefits including medical, dental, vision, disability, life and 401k plan with match.<br><br>Our time off benefits include flexible/non-accrued PTO plus 12 paid holidays. Sick leave will also be accrued at the rate of one hour for every thirty hours worked. For employees eligible to take parental leave, we may provide up to 8 weeks of paid additional leave. Additional leave time may be available and may be paid from other sources.<br><br>Our salary ranges are determined by role, level and location. The range displayed on our postings reflects the minimum and maximum for new hire salaries. Within the range, individual pay is determined by interview performance, job-related skills, experience, relevant education and training, and other relevant factors. Please note the range reflects base salary and does not include target bonus, equity or benefits.<br><br>We provide equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
