---
title: 'Associate Director, Procurement at Iambic Therapeutics, Inc'
canonical: 'https://feeny.ai/job/associate-director-procurement-iambic-therapeutics-inc-san-diego-qcw4jt4y5w2k'
type: 'job'
last_seen: '2026-09-16'
---

# Associate Director, Procurement at Iambic Therapeutics, Inc

- **Company:** Iambic Therapeutics, Inc
- **Location:** San Diego, CA
- **Employment:** full-time
- **Work type:** hybrid
- **Posted:** 2026-09-14
- **Last confirmed live:** 2026-09-16
- **Apply:** https://jobs.ashbyhq.com/iambic-therapeutics/fa8d8422-5e0b-4f37-8900-4f385912c315

## Job description

## JOB SUMMARY

We are hiring an Associate Director of Procurement to help build out the Supply Chain and Procurement function at Iambic, a company redefining drug discovery and development by applying industry-leading technology. Reporting to the SVP of Finance, this role will be responsible for leading and scaling the company’s procurement function. The ideal candidate will have a solid background in supply chain and procurement within the biotech or pharmaceutical industry. This role will work closely with the Finance Team as well as across multiple departments to improve the effectiveness and efficiency of the Company’s procurement operations. This position will be based out of our San Diego Headquarters.

## RESPONSIBILITIES

- Define and execute a company-wide procurement strategy aligned with scientific platform needs and corporate objectives
- Build, lead, and mentor a small but high-performing procurement team as the organization scales
- Establish procurement as a strategic function, influencing decision-making across the organization
- Develop long-term sourcing strategies for critical categories including lab automation and scientific instrumentation, CRO/CDMO and building-block suppliers, reagents and consumables, and procurement/data systems
- Establish and manage strategic partnerships with key suppliers, CROs, and service providers
- Lead complex negotiations, including master service agreements (MSAs), multi-year contracts, and enterprise-level deals
- Develop preferred vendor programs and optimize supplier base for quality, cost, and scalability
- Monitor supplier performance through KPIs and drive continuous improvement
- Act as a key advisor to leadership on external market dynamics, supplier innovation, and make-vs-buy decisions
- Lead the transition and implementation of a new procurement/ERP platform (e.g., Coupa), including data migration, process redesign, and change management across the organization

## QUALIFICATIONS

- Bachelor’s degree in Supply Chain Management, Business Administration, Life Sciences, or related field; MBA or advanced degree strongly preferred
- 8+ years of progressive procurement/supply chain experience, including leadership roles
- Significant experience in biotech, pharma, or life sciences, ideally within a platform-based or R&D-driven organization
- Proven track record of building and scaling procurement functions in high-growth environments
- Deep expertise in strategic sourcing, category management, and supplier relationship management
- Demonstrated success negotiating MSAs, statements of work, and multi-year service agreements with meaningful commercial impact
- Experience with ERP and procurement systems (e.g., NetSuite, Coupa) and data-driven decision-making
- Experience leading an ERP or procurement platform implementation or migration (e.g., Coupa) strongly preferred
- Experience managing or mentoring existing procurement staff through periods of organizational change

## About Iambic Therapeutics, Inc

## Company Overview

- **One-liner**: Iambic Therapeutics is a clinical‑stage biotechnology company that uses an AI‑driven platform to discover and develop novel small‑molecule medicines for oncology and other diseases.  
- **Entity Type**: Private (late‑stage venture‑backed)  
- **Headquarters**: San Diego, California, United States  
- **Founded**: 2020  
- **Founders**: Not explicitly named in available sources; leadership includes a Co‑Founder & CEO and a Co‑Founder & CTO.  

## Core Business

- **Primary industries**: Biotechnology, AI‑powered drug discovery, oncology therapeutics  
- **Target customers**: B2B partnerships with pharmaceutical companies (e.g., Bayer) and, ultimately, patients through a wholly‑owned pipeline of clinical‑stage candidates  
- **Mission**: *“Better technology for better medicines”* – using machine learning and automation to transform the creation of new therapeutics  

## Products & Services

- **Enchant Platform**: A multi‑modal transformer AI that breaks down data barriers between preclinical and clinical R&D, enabling rapid molecular design.  
- **NeuralPLexer**: A co‑folding AI technology that predicts protein‑ligand structures to guide drug design.  
- **Automated High‑Throughput Experimentation**: AI‑driven robotics that generate new biological data from novel molecular designs on a weekly cadence.  
- **IAM1363** (HER2 inhibitor): A highly selective, brain‑penetrant tyrosine kinase inhibitor for HER2‑driven cancers; currently in Phase 1b clinical studies.  
- **IAM‑C1** (CDK2/4 dual inhibitor): A potential first‑in‑class selective inhibitor for HR+/HER2‑ metastatic breast cancer (preclinical).  
- **IAM‑K1** (KIF18A inhibitor): A potential best‑in‑class allosteric inhibitor for triple‑negative breast cancer, ovarian cancer, and other solid tumors (preclinical).  
- **Undisclosed programs**: Additional wholly‑owned candidates across multiple target classes and mechanisms.  

## Market Standing

- **Valuation**: Not publicly disclosed  
- **Key Metric**: **Total funding** – $330.8 M (including a $100 M Series B in Oct 2023, a $50 M Series B extension in Apr 2024 led by EXOR N.V. and Mubadala Capital, and a $127.8 M venture round in Nov 2025)  
- **Notable Investors/Partners**: EXOR N.V., Mubadala Capital, Nexus Venture, Bayer (collaboration in AI drug discovery), and a Scientific Advisory Board including Nobel Laureate Frances Arnold (Caltech)  
- **Growth Signals**:  
  - Headcount of **117** (64.5 % year‑over‑year growth)  
  - Active job postings: **18** (+200 % quarterly, +50 % yearly)  
  - Pipeline advanced from program launch to IND in **2 years** (vs. 6‑year industry average for IAM1363)  
  - Broad platform applicability demonstrated across orthosteric, allosteric, and protein‑protein interaction modalities  

## Competitive Advantages

- **Speed**: AI‑driven platform can deliver development candidates to clinical trials in roughly one‑third the industry average time.  
- **Selectivity & Differentiated Profiles**: IAM1363 shows > 5000‑fold selectivity against EGFR, avoiding EGFR‑driven toxicity; IAM‑C1 targets CDK2/4 with a novel selectivity profile.  
- **Broad Platform Applicability**: Platform has produced leads across diverse protein classes and mechanisms (orthosteric, allosteric, PPI modulators).  
- **Integration of AI and Drug Hunting**: Tightly integrated team of AI experts and seasoned drug hunters, with a culture of “audacity” that tackles hard chemistry problems.  

## Strategic Focus

- Advancing the clinical pipeline: IAM1363 Phase 1b, preparing IAM‑C1 and IAM‑K1 for IND‑enabling studies.  
- Expanding platform partnerships (e.g., Bayer collaboration).  
- Scaling the organization: actively hiring in ML science, computational chemistry, medicinal chemistry, and clinical operations.  
- Exploring new therapeutic areas and target classes through the Enchant and NeuralPLexer technologies.  

## Why Work Here

- **Culture**: Values of **Respect**, **Collaboration**, and **Audacity** – cross‑functional teamwork with resilience and optimism; a flat, high‑trust environment.  
- **Work Model**: Based in La Jolla/San Diego, CA; the company emphasizes on‑site collaboration for drug‑discovery and lab‑based roles; remote/hybrid policy not explicitly stated.  
- **Team Growth**: Rapidly scaling (headcount +64 % YoY) with a strong pipeline of open roles in ML, computational chemistry, drug product development, and clinical operations.  
- **Cutting‑Edge Work**: Opportunity to work at the intersection of frontier AI (large multimodal models, agentic data pipelines) and real‑world drug discovery that reaches patients.  
- **Leadership & Mentorship**: Advisory board includes Nobel laureate and former NVIDIA AI director; close integration of AI and biology.  

## Sources

1. [iambic.ai](https://www.iambic.ai/) – Homepage, platform, and corporate overview  
2. [iambic.ai/about](https://www.iambic.ai/about) – Leadership, advisory board, investors  
3. [iambic.ai/pipeline](https://www.iambic.ai/pipeline) – Pipeline details (IAM1363, IAM‑C1, IAM‑K1)  
4. [iambic.ai/careers](https://www.iambic.ai/careers) – Careers page, values, open positions  
5. [linkedin.com/company/iambic-ai](https://www.linkedin.com/company/iambic-ai) – Company stats (headcount 117, $3.4M revenue, $330.8M funding, funding rounds, employee growth)

## Other roles at Iambic Therapeutics, Inc

- [Sr Manager, FP&A - Discovery R&D](https://feeny.ai/job/sr-manager-fp-a-discovery-r-d-iambic-therapeutics-inc-san-diego-sznt8xkbx741) — San Diego, CA
- [Director, Compensation, Benefits and HR Systems](https://feeny.ai/job/director-compensation-benefits-and-hr-systems-iambic-therapeutics-inc-san-diego-nkd5b8fqk3mh) — San Diego, CA
- [Associate Medical Director/Medical Director](https://feeny.ai/job/associate-medical-director-medical-director-iambic-therapeutics-inc-united-nrtdmj0ywpmb) — United States
- [Research Scientist I/II, Purification Sciences](https://feeny.ai/job/research-scientist-i-ii-purification-sciences-iambic-therapeutics-inc-san-diego-bbfkrw5by7v1) — San Diego, CA
- [Senior Associate Scientist I/II, Purification Sciences](https://feeny.ai/job/senior-associate-scientist-i-ii-purification-sciences-iambic-therapeutics-inc-7gpy6fbbe0br) — San Diego, CA
- [Director/Senior Director, Immunology](https://feeny.ai/job/director-senior-director-immunology-iambic-therapeutics-inc-san-diego-pc8aedpavc67) — San Diego, CA
- [Software Engineer — Agentic data pipelines](https://feeny.ai/job/software-engineer-agentic-data-pipelines-iambic-therapeutics-inc-united-states-z1afztyyenvn) — United States
- [Principal Medical Writer](https://feeny.ai/job/principal-medical-writer-iambic-therapeutics-inc-united-states-p7p8wv9kdmyd) — United States
- [Sr Manager, Quality Systems & Compliance](https://feeny.ai/job/sr-manager-quality-systems-compliance-iambic-therapeutics-inc-united-states-vsh166q5vj7e) — United States
- [Research Scientist I/II, Bioanalytical Sciences & Assay Development](https://feeny.ai/job/research-scientist-i-ii-bioanalytical-sciences-assay-development-iambic-z1xnw171hxqv) — San Diego, CA