Director, Strategic Sourcing
$195k - $235kProtagonist Therapeutics
Director, Strategic Sourcing About Us Protagonist Therapeutics is a biopharmaceutical company built on a proprietary peptide technology platform that has now produced two FDA-approved, first-in-class medicines, generating royalties and milestones from global commercial partnerships with Johnson and Johnson and Takeda Pharmaceutical Company Limited. ICOTYDE™ (icotrokinra), licensed to Johnson & Johnson company Janssen Biotech, Inc., is the first and only targeted oral peptide that precisely blocks the Interleukin-23 receptor. ICOTYDE was launched in the U.S. in March 2026 for the treatment of moderate-to-severe plaque psoriasis in adults and pediatric patients 12 years of age or older and is in Phase 3 development for psoriatic arthritis, ulcerative colitis and Crohn's disease. ICOTYDE was jointly discovered by Protagonist and Johnson & Johnson scientists, with Protagonist having primary responsibility for the development of ICOTYDE through Phase 1, and Johnson & Johnson assuming responsibility for further clinical and regulatory development and commercialization. Protagonist also discovered and led research and development through Phase 3 for MIMRYLO™ (rusfertide), a first-in-class hepcidin mimetic peptide licensed to Takeda Pharmaceutical Company Limited for worldwide commercialization. MIMRYLO is approved in the U.S. for the treatment of erythrocytosis in adults with PV. The Company also has a number of clinical and preclinical programs based on clinically and commercially validated targets and addressing unmet medical needs, including an oral IL-17 antagonist peptide, anti-obesity dual and triple agonists, an oral hepcidin functional mimetic, and the recently announced IL-4 and amylin discovery programs. More information on Protagonist, its pipeline drug candidates, and clinical studies can be found on the Company's website at Position Summary We are seeking a highly skilled and motivated Director of strategic sourcing to join our growing team at Protagonist. This individual will play a key role in driving cost savings, optimizing supplier relationships, and ensuring operation efficiency across various categories, including but not limited to, CROs, IT, travel, contract renewals and manufacturing. The candidate will be responsible for negotiating better discounts, identifying cost-saving opportunities, and executing agreed-upon strategic sourcing initiatives. We are committed to a thriving in-office culture. This role requires being on-site at our office in Newark, CA 4 days a week. Responsibilities
- Collaborate with internal teams to understand their contract requirements, budget constraints and align sourcing strategies and timelines.
- Analyze spend data and vendor performance to recommend strategies for cost optimization.
- Build and maintain strong relationships with vendors to ensure continuity of service and favorable terms.
- Organize and lead quarterly business reviews with major vendors and assess their performance relative to the contract.
- Conduct market research to stay abreast of industry best practices and new vendor offerings.
- Prepare regular reports on savings, vendor performance and sourcing initiatives for senior leadership.
- Track and report on KPIs related to cost savings, contract renewals and supplier relationships.
- Coordinate with corporate travel vendor to ensure best pricing is obtained for travel and related expenses.
- 5 years+ of strategic sourcing experience with a focus on biotech, life sciences or related industries. Negotiating with CROs preferable.
- Bachelor's degree in business, supply chain, procurement, finance or related field.
- Proven experience in contract negotiation, contract terms and vendor management.
- Strong analytical skills with the ability to analyze spend data, identify trends and recommend related sourcing strategies.
- Ability to drive multiple projects in a fast paced and dynamic environment.
- Health Care benefits. Protagonist covers 100% of the premium cost for medical, dental, and vision coverage for all full-time employees and their dependents.
- Flexible Spending Accounts - Healthcare FSA, Dependent Care FSA, Commuter Benefits
- 401(k) Plan
- Flexible Vacation Policy
- Life Insurance (Basic, Voluntary & AD&D)
- Short Term & Long Term Disability
- Company paid lunch and snacks
Vacancy posted 1 day ago
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