New

Corporate Development and Strategy Manager

Ardelyx
life insurance, parental leave, paid holidays, flex time, 401(k)
United States, Massachusetts, Waltham
Oct 28, 2025
Description Ardelyx is a publicly traded commercial biopharmaceutical company 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). Ardelyx has agreements for the development and commercialization of tenapanor outside of the U.S. Kyowa Kirin commercializes PHOZEVEL (tenapanor) for hyperphosphatemia in Japan. A New Drug Application for tenapanor for hyperphosphatemia has been approved in China with Fosun Pharma. Knight Therapeutics commercializes IBSRELA in Canada. Position Summary: Reporting directly to the Vice President of Corporate Development and Strategy, the Manager will play a critical role in advancing Ardelyx's long-range strategic plan. This individual will support the evaluation and execution of key initiatives spanning business development, alliance management, and corporate strategy. The Manager will play a key role in sourcing and assessing external opportunities, collaborating with cross-functional teams to conduct rigorous due diligence, and supporting the execution of M&A, licensing, and other BD transactions. Success in this role requires passion for making a difference for patients, strong analytical and communication skills, exceptional organizational ability, and the capacity to think both strategically and creatively. Responsibilities: Identify, evaluate, and monitor companies and innovation within the biotech/pharma ecosystem Actively source opportunities and represent Ardelyx at partnering conferences and industry events Be an integral member in identifying, evaluating, and executing M&A and licensing opportunities Collaborate with cross-functional teams to conduct diligence and prepare comprehensive business case materials Play a significant role in taking ownership of financial and valuation analyses to support transactions and core strategic priorities Prepare executive-level presentations and materials for leadership and Board Monitor and synthesize market, competitive, and industry trends to inform corporate and BD strategy Manage the pipeline of opportunities, track key value-inflection points, and coordinate cross-functional evaluations Support ad hoc strategic initiatives as needed Qualifications: Bachelor's degree, MBA or advanced degree preferred, with 4-6 years of corporate development, business development, investment banking, or consulting within the biopharma industry or equivalent experience Demonstrated experience in deal process management, including independent ownership of financial modeling, valuation, and due diligence management Excellent written and verbal communication skills, with the ability to prepare and deliver executive-level presentations Strategic thinker with intellectual curiosity Strong emotional intelligence, confidence and interpersonal skills; able to communicate effectively in both individual and group settings Ability to manage multiple projects simultaneously in a fast-paced, dynamic environment. Strong work ethic to meet deliverables and exceed expectations High proficiency in productivity and collaboration tools (e.g., Microsoft Office Suite, Teams, SharePoint) and experience leveraging industry databases, market intelligence platforms, and competitive landscape tools commonly used by business development professionals The anticipated annualized base pay range for this full-time position is $131,000-$161,000. 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 of 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.