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Ricky Lijing Sun

Partner at Bain Capital

Greater Boston

Overview 

Ricky Lijing Sun is a Partner at Bain Capital Life Sciences in Greater Boston, with a strong background in investment management and financial analysis within the pharmaceutical and biotechnology industries. With a Ph.D. from Harvard University and experience as a Director at Biogen, Sun has expertise in strategy, mergers & acquisitions, and investor relations, contributing to his success in managing portfolios and leading due diligence processes.

Work Experience 

  • Partner, Bain Capital

    2020 - Current

  • Managing Director, Bain Capital Life Sciences

    2018 - 2020

  • Principal, Bain Capital Life Sciences

    2016 - 2018

Bain Capital is an alternative investment firm specializing in private equity, venture capital, and credit products.

  • Member Board of Directors

    2022

Emalex Biosciences is a biotech startup that develops new treatments for central nervous system disorders.

Raised $300,000,000.00 from Paragon Biosciences, Fidelity, Valor Equity Partners and Bain Capital Life Sciences.

  • Board Member

    2022

  • Board Member

    2021

  • Board Member

    2019

Savara Pharmaceuticals develops an inhaled antibiotic for MRSA infection in cystic fibrosis.

Raised $414,100,000.00 from First Light Asset Management, Nantahala Capital Management, Wellington Management, Frazier Life Sciences, TCG Crossover, Bain Capital Life Sciences, Farallon Capital Management and Bain Capital Life Sciences.

  • Board Of Directors

    2018 - 2022

Annexon Biosciences is a biotech company, discovering and developing novel therapeutics for neurodegenerative and autoimmune disorders.

Raised $633,999,999.00 from Satter Investment Management, Fairmount Funds Management, Driehaus Capital Management, Adage Capital Management, Venrock Healthcare Capital Partners, Bain Capital Life Sciences and Redmile Group.

  • Board Of Directors

    2018 - 2021

Arcutis Biotherapeutics is a clinical-stage biopharmaceutical company focused on developing medical dermatology for unmet needs.

Raised $833,500,000.00 from SLR Capital Partners.

  • Board Observer

    2019 - 2021

  • Board Observer

    2017 - 2018

  • Director of Corporate Development & Strategy

    2015 - 2016

    - Led technical, commercial & financial analyses of multiple M&A opportunities. Partnered with BD to construct key terms in deal / term sheet negotiations for both in-licensing and M&A - Led TA strategy development in neurology and non-malignant hematology by providing commercial point of view for existing and new disease areas of growth for the company - Collaborated with New Product Commercialization team by recommending and defending robust methodologies and frameworks for effectively communicating opportunity assessments.

  • Associate Director Commercial Assessment and Disease Strategy

    2013 - 2014

    Business development, in-licensing, M&A, corporate disease strategy

Biogen is a biotechnology company engaged in the development of innovative therapies for neurological and neurodegenerative diseases.

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