Does anyone have a good idea of the salary range for an associate director level position at a small biotech company? (In business development, with a PhD, if either of those things matter). I have a lot of references for pharma salaries but much less so small biotech.

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This is an n of 1, but I had a first round for a Director, Business and Corporate Development at v small, public biotech (mkt cap $500M) and they told me that the role comp package was “~150K base + 30% bonus (performance related) + LTIP's/EMI.” I’m a PhD/MBA.

So in general, significantly lower base and the hope to make it up on equity in the long run.

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Agreed with the above. It seems low, but sounds about right for manager level positions.

My friend just took a AD BD/C-Strat at a biotech (<$500M MKT CAP) for ~$190k base, so may depend on location (West Coast)

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AD role - $185k base, 15% bonus, $65k equity; series b startup

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