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Full-Time

Capital Sales Manager

Mountain Region

Posted on 7/10/2024

PROCEPT BioRobotics

PROCEPT BioRobotics

501-1,000 employees

Develops robotic solutions for BPH treatment

Robotics & Automation
Hardware
Industrial & Manufacturing
Biotechnology
Healthcare

Compensation Overview

$160kAnnually

Senior, Expert

Remote in USA

Category
Field Sales
Sales & Account Management
Required Skills
Sales
Communications
Management
Marketing
Requirements
  • Bachelor’s degree
  • Start-up company experience selling disruptive technology
  • Minimum of 8 years of experience within sales, sales management, and/or training or marketing organization
  • High level of technical/clinical product knowledge
  • Proven track record of participation leading/teaching at organizational meetings
  • Excellent communication skills
  • Ability to work as a cross-functional team member
  • Strong local relationships within the healthcare community in specified geographic area
  • Leadership skills in the medical device arena
  • Ability to travel up to 75%
Responsibilities
  • Executing Sales Strategy within strategic hospital targets, teaching institutions, and assigned IDNs
  • Managing the complex sales process of the Aquabeam System into new and existing hospitals
  • Identifying key institutions, generating market awareness, and driving sales of the Aquabeam System
  • Developing initial contact with CEO and senior hospital administrators
  • Building clinical and administrative support through technical presentations, executive meetings, and marketing events
  • Developing key relationships in targeted accounts
  • Fostering the development of key opinion leaders within the region
  • Conducting regular field sales visits with sales representatives
  • Participating in the management team for program and training events
  • Supporting organizational goals, policies, procedures, and FDA regulations
  • Establishing and maintaining credentials to work in hospitals and medical facilities
  • Maintaining compliance with quality management systems and regulations

PROCEPT BioRobotics develops robotic solutions specifically for treating benign prostatic hyperplasia (BPH), a condition that affects many older men by causing prostate enlargement and urinary issues. Their main product, the AquaBeam Robotic System, utilizes Aquablation therapy, which combines real-time imaging, robotics, and waterjet technology to precisely remove prostate tissue in a minimally invasive manner. This system is designed for urologists and healthcare facilities, allowing for improved patient outcomes and more efficient surgical procedures. Unlike competitors, PROCEPT BioRobotics focuses on providing predictable results and reducing complications, which has led to their technology being recognized in clinical guidelines. The company's goal is to enhance the quality of life for patients suffering from BPH through advanced surgical solutions.

Company Stage

IPO

Total Funding

$637.7M

Headquarters

Redwood City, California

Founded

2009

Growth & Insights
Headcount

6 month growth

8%

1 year growth

29%

2 year growth

121%
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Simplify's Take

What believers are saying

  • Long-term data demonstrating the sustained benefits of Aquablation therapy enhances the company's reputation and supports its market position.
  • Significant investments, including $118 million in equity financing, provide the financial resources needed for global expansion and innovation.
  • FDA approval for investigating Aquablation therapy for prostate cancer opens new market opportunities and potential revenue streams.

What critics are saying

  • Ongoing investigations by law firms into possible securities fraud could damage the company's reputation and investor confidence.
  • The medical device market is highly competitive, and maintaining technological leadership requires continuous innovation and substantial investment.

What makes PROCEPT BioRobotics unique

  • PROCEPT BioRobotics specializes in Aquablation therapy, a unique minimally invasive treatment for BPH that combines real-time imaging, robotics, and waterjet technology, setting it apart from traditional surgical methods.
  • The company's focus on urology and the treatment of BPH allows it to develop highly specialized and effective solutions, unlike competitors with broader medical device portfolios.
  • The inclusion of PROCEPT's technology in clinical practice guidelines underscores its credibility and effectiveness, distinguishing it from less established competitors.
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