Full-Time

Territory Sales Manager

Noctrix Health

Noctrix Health

51-200 employees

Prescription wearable neuromodulation for RLS.

Compensation Overview

$90k/yr

+ Commission

La Ronge, SK, Canada

Remote

Remote within the District of Columbia, Maryland, or Virginia; occasional travel to territory as needed.

Category
Sales & Account Management (1)
Required Skills
Forecasting

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Requirements
  • 3+ years relevant business experience in B2B sales medical device industry experience/knowledge preferred
  • Previous start-up experience preferred but not required
  • Previous experience with bringing new products to market
  • Bachelor’s degree preferred but not required; relevant work experience may be considered in lieu of a degree
  • Excellence in all forms of communication with command of product and media presentations including virtual sales calls
  • Self-starter with a proven sales track record over multiple years
  • Motivated, execution, and results focus with accountability for continuous improvement
  • Team player with strong work ethic and a can-do attitude
  • Ability to travel throughout the territory as necessary to achieve results
  • All listed duties and responsibilities are deemed essential to this position; however, business conditions may require reasonable accommodations for additional tasks and responsibilities.
  • Focused on what’s right for the business, not what’s right for the individual or function
  • High level of integrity, professionalism, and ethical conduct with a genuine passion for positive patient outcomes
Responsibilities
  • Consistent engagement with customers, accounts, and advocacy groups to build pipelines
  • Coordinate with Marketing to broaden market awareness
  • Support patient journey through collaboration with Patient Access, Customer Care, and Therapy Support Specialist teams
  • Work collaboratively with the Product Development and Marketing teams to ensure a successful product launch
  • Identify and build strong relationships with KOLs, titration partners, and accounts
  • Through customer engagement, develop scalable solutions to satisfy customer needs and drive therapy adoption
  • Develop and manage specific strategic territory plans to grow business and develop long-term partnerships.
  • Demonstrate effective and consistent communication skills via in-person and video conferencing
  • Territory Business planning and forecasting through specific physician and DME targets
  • Build and maintain weekly, monthly, and quarterly business plans that will be shared with leadership
  • Maintain a high sense of urgency and accountability to the sales organization
  • Recognize changing market dynamics and analyze and evaluate the effectiveness of sales methods, costs, and results to meet market demands
  • Conduct regular sales forecasting, market analysis, and competitor research to identify risks, opportunities, and strategies to improve sales performance
  • CRM administration
  • Coordinate, plan, and participate in customer education events
  • Achieve territory sales goals in a high-growth startup environment
  • Demonstrate excellent communication and problem-solving skills

Noctrix Health makes prescription wearable therapy for Restless Legs Syndrome using the NTX100 Tonic Motor Activation System (Nidra). It uses leg bands to stimulate the peroneal nerves at night, producing gentle muscle activation that reduces RLS sensations and improves sleep. The device is prescribed through healthcare providers for adults with moderate-to-severe, medication-refractory RLS and is backed by FDA De Novo clearance in 2023 following a Breakthrough Device Designation and a multi-center trial. The goal is to establish wearable therapeutics as a standard non-drug treatment option to improve sleep for people with RLS.

Company Size

51-200

Company Stage

Acquired

Total Funding

$450.5M

Headquarters

Pleasanton, California

Founded

2018

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Simplify Jobs

Simplify's Take

What believers are saying

  • ResMed's $340M acquisition integrates Nidra into its sleep health portfolio, leveraging existing sleep physician and HME channels for rapid scaling.
  • Noctrix's $24M annual run rate revenue grows faster than ResMed's core business, signaling strong post-acquisition financial performance.
  • Angelini Ventures achieves its first portfolio exit via this deal, validating Noctrix's clinical efficacy and commercial potential in wearable therapeutics.

What critics are saying

  • ResMed prioritizes its $340M sleep apnea business over Noctrix's $24M run-rate, risking reduced NTX100 R&D and supply chain margin erosion.
  • Only 12% of US sleep physicians prescribe neuromodulation devices due to absent Medicare coverage for Nidra, blocking commercial adoption despite FDA clearance.
  • Philips launched a similar peroneal stimulator at $299, undercutting Nidra's $450 price and threatening 20–30% market share loss within 12–18 months.

What makes Noctrix Health unique

  • Noctrix offers FDA De Novo-classified Nidra TOMAC therapy for drug-refractory RLS, a non-pharmacologic wearable neuromodulation device.
  • Its TOMAC system delivers sustained peroneal nerve stimulation to suppress RLS symptoms while enabling sleep-compatible low-level muscle activation.
  • Noctrix targets the 7% global adult population with moderate-to-severe RLS, addressing a major unmet need in sleep neurology.

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Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

-3%
SleepWorld Magazine
Jan 17th, 2024
Noctrix Health Secures $40M Investment to Commercialize Novel RLS Treatment

Noctrix Health, Inc. announced that it has closed a $40M Series C financing round led by Sectoral Asset Management with participation from other new investors Angelini Ventures, ResMed, and Asahi Kasei Corporation, with strong support from insiders, including OrbiMed and Treo Ventures.