Director, Commercial Strategy and Medical Innovation

Foundation Medicine; Boston (MA); On-site; USD 178,000 - 222,000; Full time

Job summary

Foundation Medicine, based in Boston, seeks a Director of Commercial Strategy and Medical Innovation to shape a long-range strategic roadmap in precision medicine across cardiometabolic, neurodegenerative and autoimmune diseases.

You will partner with Medical, R&D, Corporate Development, Product Strategy and Operations to convert unmet needs into business cases driving commercial revenue for biopharma and clinical units, within a Roche portfolio mindset.

Qualifications

• PhD in a relevant scientific discipline.
• 7+ years’ experience in product, strategic management or similar in pharma, diagnostics or health technology.

Responsibilities

• Maintain state-of-the-art knowledge of the evolving science in precision medicine, including emerging diagnostic technologies, clinical unmet needs and new therapeutic modalities.
• Develop deep and collaborative partnerships with biopharma, diagnostic and academic partners.
• Translate unmet need into basic market requirements, and distill market requirements into high level product requirements.
• Build business cases for Product Strategy evaluation, including market segmentation analysis, financial assessments including TAM, SAM and ROIs.
• Identify new technology solutions that fulfill key unmet needs.
• Work cross functionally across the Roche ecosystem, including with Roche Tissue and Roche Information Solutions, pRED and gRED.
• Travel to conferences, congresses, commercial partners and Roche is required.
• Work across the Foundation Medicine ecosystem with key partners in R&D, Product, Commercial, Medical, Pathology and Corporate Development to identify unmet needs and build disease maps across prioritized areas.
• Other duties as assigned.
• Comply with FMI's attendance policies.

Skills

Strategic product management

Cross-functional collaboration

Marketing experience

Analytical thinking

Executive presentation

Travel readiness

HIPAA knowledge

Genomics knowledge

Education

PhD in a relevant scientific discipline

Job description

About the Job

The Director, Commercial Strategy and Medical Innovation is accountable for helping to develop a long-term strategic roadmap that focuses on areas of medical breakthrough science and technology that address unmet needs in the field of precision medicine in the cardiometabolic, neurodegenerative and autoimmune disease areas. Working cross functionally with senior leaders in Medical, R&D, Corporate Development, Product Strategy and Operations, the position helps define the future patient journey and intersecting medical unmet needs, developing the highest priority opportunities into business cases that inform future Product Strategy decisions and drive significant commercial revenue across both the biopharma and clinical business units, while maintaining a Roche portfolio mindset.

The Director, Commercial Strategy and Medical Innovation is accountable for helping to develop a long-term strategic roadmap that focuses on areas of medical breakthrough science and technology that address unmet needs in the field of precision medicine in the cardiometabolic, neurodegenerative and autoimmune disease areas. Working cross functionally with senior leaders in Medical, R&D, Corporate Development, Product Strategy and Operations, the position helps define the future patient journey and intersecting medical unmet needs, developing the highest priority opportunities into business cases that inform future Product Strategy decisions and drive significant commercial revenue across both the biopharma and clinical business units, while maintaining a Roche portfolio mindset.

Key Responsibilities

• Maintain state-of-the-art knowledge of the evolving science in precision medicine, including emerging diagnostic technologies, clinical unmet needs and new therapeutic modalities.
• Develop deep and collaborative partnerships with biopharma, diagnostic and academic partners.
• Translate unmet need into basic market requirements, and distill market requirements into high level product requirements.
• Build business cases for Product Strategy evaluation, including market segmentation analysis, financial assessments including TAM, SAM and ROIs.
• Identify new technology solutions that fulfill key unmet needs.
• Work cross functionally across the Roche ecosystem, including with Roche Tissue and Roche Information Solutions, pRED and gRED.
• Travel to conferences, congresses, commercial partners and Roche is required.
• Work across the Foundation Medicine ecosystem with key partners in R&D, Product, Commercial, Medical, Pathology and Corporate Development to identify unmet needs and build disease maps across prioritized areas.
• Other duties as assigned.
• Comply with FMI's attendance policies.

Qualifications

Basic Qualifications

• PhD in a relevant scientific discipline
• 7+ years’ experience in product, strategic management or similar in pharma, diagnostics or health technology

Preferred Qualifications

• Experience in therapeutics and diagnostics in cardiometabolic, neurodegenerative and/or autoimmune disease areas
• Product management or marketing experience
• Experience working in dynamic and growing teams; demonstrated ability to operate and deliver in a fast pace environment and with ambiguity
• Workingknowledgeofdrug development and commercialization
• Depth of knowledgeof genomics and next generation sequencing and their role in precision medicine
• Ability to translate customer/market needs into product technical and strategic requirements; ability to developcompelling,new perspectives on existing solutions
• Ability to develop business cases for new opportunities
• Effectivecommunication skills with the ability to influencecross-functionally and without authority and present to executive team leadership
• Strong business acumen, analytical thinking, andcommunication skills
• Ability to travel up to 15% of the time
• Understanding of HIPAA and the importance of patient data privacy
• Commitment to reflect FMI’s values: Integrity, Courage, and Passion

The expected salary range for this position based on the primary location of Boston, MA is $177,800 - $222,300 per year. The salary range is commensurate with Foundation Medicines compensation practice and considers factors including, but not limited to, education, training, experience, external market conditions, criticality of role, and internal equity. A discretionary annual bonus may be available based on individual and Company performance. This position also qualifies for Foundation Medicine's benefits.