Director, Commercial Strategy and Medical Innovation

Foundation Medicine, Inc.; Morrisville (NC); On-site; USD 178,000 - 222,000; Full time

Benefits offered by this job

Discretionary annual bonus

Benefits package

Job summary

Foundation Medicine, Inc. seeks a Director of Commercial Strategy and Medical Innovation to shape a long-term strategic roadmap in precision medicine, focusing on unmet needs in cardiometabolic, neurodegenerative and autoimmune diseases.

The role collaborates with Medical, R&D, Product Strategy and Operations to develop business cases and drive revenue across biopharma and clinical units, maintaining a Roche portfolio mindset.

Qualifications

• PhD required in a relevant scientific discipline.
• 7+ years in product/strategic management in pharma/diagnostics/health tech.
• Experience in therapeutics and diagnostics in cardiometabolic, neurodegenerative and/or autoimmune diseases.
• Product management or marketing experience.
• Ability to travel up to 15% and work across cross-functional teams.

Responsibilities

• Maintain state-of-the-art knowledge of precision medicine and diagnostic technologies.
• Develop partnerships with biopharma, diagnostic and academic partners.
• Translate unmet needs into market requirements and product specs.
• Build business cases including market segmentation, TAM/SAM/ROI analyses.
• Identify new technology solutions addressing unmet needs.
• Collaborate across Roche ecosystem and internal units.
• Travel to conferences and partners as required.
• Work with FMI ecosystem to map diseases and unmet needs.
• Other duties as assigned.
• Comply with FMI's attendance policies.

Education

PhD in a relevant scientific discipline

7+ years experience in product, strategic management or similar in pharma, diagnostics or health technology

Job description

Director, Commercial Strategy and Medical Innovation

Foundation Medicine, Inc.

• 400 Summer Street, Boston, Massachusetts, United States
• Full Time

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.

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 FMIs 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.

#LI-Onsite

Equal employment opportunity, including veterans and individuals with disabilities.

PI288155091