Full-Time

Head of Business Development

Confirmed live in the last 24 hours

10x Genomics

10x Genomics

1,001-5,000 employees

Biotechnology tools for genomic research

Data & Analytics
Biotechnology
Healthcare

Compensation Overview

$247k - $335kAnnually

+ Equity Grants + Annual Bonus Program

Senior, Expert

Pleasanton, CA, USA

Category
Business Development
Business & Strategy
Required Skills
Sales
Financial analysis
Marketing
Requirements
  • Minimum of advanced degree in genetics, genomics, or related field and/or MBA with 10+ years of experience in the life sciences, genomics, or biopharmaceutical industries.
  • Strong scientific, technical and business acumen in genomics, NGS (next generation sequencing), and/or molecular diagnostics; oncology expertise (including immuno-oncology) strongly preferred.
  • Excellent analytical, project management and organizational skills with the ability to make sound business judgments.
  • Strong collaboration and communication skills as demonstrated by ability to work cross-functionally with internal stakeholders.
  • Experience in conducting financial analysis and championing the business case with Senior Management.
  • Experience of setting up complex deal structure with ability to:
  • draft term sheet independently
  • effectively assess and communicate risk and rewards of partnership to support a clear go/no go decision
  • leverage internal cross-functional team to capture and communicate translation of terms to agreements
  • Track record of driving agreements to execution including structuring, leading, and closing negotiations.
  • Strategic thinker who can help chart the course for the company, with demonstrated success defining the vision, strategies, and tactics to drive growth.
  • Energetic, resourceful self-starter with high integrity, strong executive presence and the ability to work effectively in a dynamic, entrepreneurial environment.
  • Flexibility to travel up to 40%.
  • Please submit a deal sheet together with your resume.
Responsibilities
  • Assess existing relationships, build out and/or formalize identification of KOL and KOL accounts and develop a sustainable tracking and engagement plan for the highest strategic customers and institutions.
  • Drive commercial partnership strategy development. Collaboratively drive development of long-term and short-term strategies to advance 10x Genomics’ positioning in the marketplace against key initiatives, and work with key stakeholders across the company to continuously enhance the process for commercial planning with an emphasis on:
  • Exploring and evaluating clinical utilization with key partners
  • Building and executing a pharma focused pipeline to drive the utilization of platforms for pharma and companion Dx partnerships
  • Partner with Sales and Marketing to capture large commercial research and translational opportunities and collaborations
  • Translate external (customer) needs to internal teams and support assessment of prioritization of strategy in platform development
  • Build out and manage the framework for developing ideal partnership terms, lifetime value modeling, target partners for each initiative.
  • Execute partnerships. Source and effectively negotiate successful outcomes for potential commercial and strategic partnerships and collaborations with agreements that create value towards 10x’s strategic and financial objectives, while interfacing with cross functional 10x team members such as Legal, Finance, Marketing, Sales, and R&D. Bridge across these functional roles to ensure clarity in responsible, accountable, consulted and informed roles in key partnerships.
  • In partnership with Sales and Marketing, manage and grow the ongoing relationship with key partners while leveraging these relationships to expand within the ecosystem.
  • Collaborate on market assessments and market messaging. Partner with Marketing to drive strategic market assessments and support messaging across all business fields, regions, and customer segments in a structured manner.

10x Genomics develops products that enhance genomic research, particularly in the life sciences sector. Their main offerings include tools for single-cell analysis, spatial gene expression, and immune profiling, which allow researchers to examine genetic information in detail. These products help scientists understand complex biological systems and are essential for advancing personalized medicine. 10x Genomics sells laboratory equipment, consumables like reagents and microfluidic chips, and software solutions for data analysis. Their focus on high-quality products and support distinguishes them from competitors, and their goal is to empower researchers with the tools needed to explore the human genome and develop new treatments.

Company Stage

IPO

Total Funding

$214.9M

Headquarters

Pleasanton, California

Founded

2012

Growth & Insights
Headcount

6 month growth

5%

1 year growth

0%

2 year growth

14%
Simplify Jobs

Simplify's Take

What believers are saying

  • 10x Genomics' continuous product innovation, such as the launch of the Xenium Prime 5K, positions it as a leader in high-resolution genomic research.
  • The appointment of distinguished academic leaders like Sarah Teichmann to the board enhances the company's credibility and strategic direction.
  • Their expanding product portfolio, including new kits for single-cell RNA sequencing and immuno-oncology, opens up new research possibilities and market opportunities.

What critics are saying

  • The highly specialized and competitive nature of the genomics market requires constant innovation to maintain leadership.
  • Dependence on high-cost laboratory equipment and consumables could limit market accessibility and scalability.

What makes 10x Genomics unique

  • 10x Genomics specializes in single-cell analysis and spatial gene expression, offering unparalleled resolution in genomic data, unlike broader genomic companies.
  • Their innovative products like the Xenium Prime 5K Pan-Tissue and Pathways panel significantly enhance the depth and speed of genomic analysis, setting them apart from competitors.
  • The company's focus on both hardware and software solutions provides a comprehensive ecosystem for genomic research, unlike competitors who may only offer one or the other.

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Benefits

Comprehensive health benefits

Generous time off

Parental leave