Full-Time

Director – Business Development

Translational Science & Companion Diagnostic

Posted on 9/24/2024

PathAI

PathAI

201-500 employees

AI-powered pathology platform for diagnostics

AI & Machine Learning
Healthcare

Senior, Expert

Boston, MA, USA

Remote work is considered, but Boston, MA is a primary location.

Category
Business Development
Business & Strategy
Required Skills
Marketing
Requirements
  • 12-15+ years of work experience
  • 7-10+ years of experience working in the life sciences industry – directly at biopharma companies, or companies providing products / services to the biopharma industry
  • Prior experience working in a client facing role at a top tier professional services organization (e.g., management consulting, investment banking, private equity / principal investing)
  • Familiar with, and comfort discussing, drug development, oncology, precision medicine
  • Comfort working in a scrappy, all-hands-on-deck environment; embodies a mindset of urgency
  • Strong relationship building with all levels within biopharma organizations
  • Ability to work and manage a cross-functional team, specifically willingness to collaborate with marketing, product development, scientific and medical teams, etc.
  • Hands-on, experienced, proactive, independent, articulate, and can get in the weeds but also think at the thirty-thousand foot level
Responsibilities
  • Strategically engage biopharma partners to develop long-term enterprise-wide partnerships
  • Represent PathAI as the primary point of contact for biopharma collaborators, assessing biopharma client’s needs against PathAI products and services; connect biopharma partners to internal subject matter experts as needed
  • Maintain a deep awareness and understanding of the client’s product portfolio and development pipeline, including translational research priorities, clinical biomarker strategies, AI/Digital Health objectives, and enterprise-level objectives
  • Lead the development, negotiation, and execution of new business proposals, directly contributing to PathAI business growth (revenue & bookings)
  • Collaborate closely with franchise leaders where relevant in managed accounts
  • Collaborate with PathAI cross-functional team members – including Translational Science, Algorithm Products, Machine Learning, Pathology, Marketing, Clinical & Regulatory Affairs etc. - to ensure delivery of the highest-quality work product to biopharma customers
  • Be the go-to person for the Algorithm Product leader related to the New Product Area, including product strategy (based on voice of customer input), market intelligence, and Commercial Team GTM readiness
  • Represent the Biopharma Partnerships team across the organization, ensuring the voice of the customer is embedded into decision making at the highest levels of the organization; support peers on the Biopharma Partnerships team by unblocking cross-functional challenges at the leadership team level when needed
  • Hire, oversee, and performance manage additional biopharma partnerships team members (Associate, Manager, Director etc.) supporting assigned accounts (in the future)

PathAI focuses on improving patient outcomes by using an AI-powered pathology platform. This platform enhances the accuracy of diagnoses and the effectiveness of treatments for diseases like cancer through advanced machine learning techniques. PathAI provides diagnostic tools and services to healthcare providers, research institutions, and pharmaceutical companies, generating revenue through partnerships, licensing, and service fees. What sets PathAI apart from its competitors is its commitment to solving complex healthcare problems and its recognition as one of BBJ's Best Places to Work, highlighting its positive work environment. The company's goal is to significantly impact patient care by ensuring more accurate diagnoses and better treatment options.

Company Stage

Debt Financing

Total Funding

$251.6M

Headquarters

Boston, Massachusetts

Founded

2016

Growth & Insights
Headcount

6 month growth

-6%

1 year growth

-8%

2 year growth

-21%
Simplify Jobs

Simplify's Take

What believers are saying

  • CE mark certification opens expansion opportunities in the European diagnostic market.
  • Collaboration with Quest Diagnostics accelerates AI innovation and adoption in pathology.
  • Launch of PathExplore™ products supports growing demand for AI in cancer research.

What critics are saying

  • Increased competition from companies like Paige and Tempus may impact market share.
  • Rapid AI advancements require continuous R&D investment, straining financial resources.
  • Regulatory hurdles in Europe could delay expansion and affect revenue growth.

What makes PathAI unique

  • PathAI offers end-to-end automation for scalable, cost-effective pathology solutions.
  • The company focuses on AI-powered tools to enhance diagnostic accuracy and treatment efficacy.
  • PathAI's AISight Dx platform streamlines digital pathology workflows with advanced features.

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Benefits

Competitive medical, dental, and vision insurance

Retirement plan options

Paid parental leave

Health & wellness benefits

Flexible work options

Generous paid time off

INACTIVE