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Full-Time

Senior Paralegal

Posted on 4/11/2024

Cytokinetics

Cytokinetics

201-500 employees

Develops drugs for muscle function improvement

Biotechnology
Healthcare

Compensation Overview

$131k - $160kAnnually

Expert

San Bruno, CA, USA

Requires onsite presence in South San Francisco, California for a minimum of three days per week.

Category
Contract Management
Legal & Compliance
Required Skills
Communications
Word/Pages/Docs
PowerPoint/Keynote/Slides
Requirements
  • BA/BS degree or Paralegal certificate with 10+ years of experience as a paralegal with diverse complex transactional experience
  • Experience in biotechnology/pharmaceutical industry required
  • Excellent written and verbal communication skills, analytical skills, attention to detail, and ability to appropriately prioritize competing demands
  • Demonstrated ability to work independently and collaboratively within a legal team to ensure timely and accurate provision of legal services across the company
  • Excellent abilities with relevant software applications (e.g., Microsoft Word, Outlook, Excel, PowerPoint, and DocuSign)
  • Proficient in the use of contract management systems
  • Excellent interpersonal skills with the ability to interact and collaborate with business persons as well as internal and external lawyers, other paralegals, and support personnel
  • Provide a wide variety of organizational, investigative, administrative, and analytical support and assistance to the Legal Department
  • Exercises judgment within generally defined practices and policies in selecting methods and techniques for obtaining solutions
  • Experience supporting Clinical Trial Operations matters is a plus
  • Minimum of 3 onsite days a week in SSF
Responsibilities
  • Partner with internal clients to prepare certain agreements and flag issues for attorney review when needed
  • Communicate the advice of Legal department to businesses to manage legal risks
  • Manage contract workflow and approval process, including verifying that internal requirements are met, monitoring status, securing signatures, etc.
  • Draft, review, analyze and negotiate standard contracts (e.g., non-disclosure agreements, consulting agreements, clinical trial agreements, services agreements, work orders under master services agreements, license agreements, etc.)
  • Use the online contract management system and act as the first point of contact for user questions
  • Own standard contract templates and playbook database for allocated businesses and maintain and recommend updates as needed
  • Work with the attorneys on special projects
  • Draft and maintain correspondence and diligence materials

Cytokinetics focuses on developing medicines that improve muscle function for patients with cardiovascular and neuromuscular diseases. Their products are small molecule drugs designed to either enhance or inhibit muscle function, tailored to specific therapeutic needs. The company has a pipeline of drugs, including omecamtiv mecarbil and reldesemtiv, which are in various stages of clinical trials. Unlike many competitors, Cytokinetics emphasizes rigorous scientific research and has conducted over 50 clinical trials to ensure the effectiveness of its treatments. The goal is to bring new therapies to market that address the unmet needs of patients suffering from conditions like heart failure, ALS, and HCM.

Company Stage

IPO

Total Funding

$1.2B

Headquarters

South San Francisco, California

Founded

1998

Growth & Insights
Headcount

6 month growth

2%

1 year growth

1%

2 year growth

21%
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Simplify's Take

What believers are saying

  • Successful Phase III trial results for aficamten in treating obstructive hypertrophic cardiomyopathy (HCM) highlight the company's potential for market leadership in this area.
  • The $575M funding from Royalty Pharma ensures strong financial support for the commercial launch of aficamten and further R&D activities.
  • Recent investments and stock offerings indicate strong investor confidence and provide additional capital for growth and development.

What critics are saying

  • The late-stage biopharmaceutical market is highly competitive, with significant pressure to bring drugs to market quickly and efficiently.
  • Dependence on the success of clinical trials and regulatory approvals poses inherent risks, as any setbacks could delay commercialization and revenue generation.

What makes Cytokinetics unique

  • Cytokinetics focuses on muscle function improvement for cardiovascular and neuromuscular diseases, a niche area with high unmet medical needs.
  • The company has a robust pipeline of small molecule muscle activators and inhibitors, setting it apart from competitors with more generalized drug portfolios.
  • Strategic funding collaborations, such as the $575M deal with Royalty Pharma, provide significant financial backing for their R&D and commercialization efforts.

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