Let's accelerate medical innovation
At Power, we're making clinical trials easy to navigate for all patients.
Today, patients look to promising medical research when standard treatments have failed them. Unfortunately, there is no single source of truth that patients can understand and trust. The status quo is a government run website which is written in complex medical jargon that is impossible for most people to navigate.
At the same time, clinical trials are the bottleneck on medical innovation—new medicine takes almost 10 years to test and over 86% of all clinical trials are delayed because they can't find enough patients. This is one of the biggest problems facing the life science industry.
Power is the easiest way for patients to access promising new studies. Thus helping more patients find treatments and speeding up the progress of medical research as we go.
The role
We're building our foundational team and looking for a business development executive to leave their mark on Power.
You'll have an immediate and direct influence on the growth of the business. Ideally, you're an entrepreneur at heart with experience partnering across pharma and CROs for clinical trial services.
You’re tired of the status quo and believe it’s about time somebody did something about clinicaltrials.gov.
Given how early we are, you'll have tremendous impact on:
Our company culture
Our design philosophy
The people we hire
The products we deliver
While we have existing Pharma and CRO partnerships, we expect this person to play a central role in driving our business development roadmap.
Some of the problems we'll be working on
We don't believe in strict job requirements, but if these problems sound fun and familiar, you're probably well suited for this gig:
Building a business in clinical trial recruitment
Leading go to market discussions with CROs and Sponsors
Owning partner and account relationships
Evangelizing our platform at conferences and industry events
Watching our commercial metrics go up and to the right
Synthesizing customer feedback into product insights
The product
Power is the only consumer-grade platform for clinical trials.
Comprehensive: we make it easy to search across every trial in North America so patients never feel like they have blind spots
Simple: we apply a healthy amount of data engineering and empathy to the reams of unstructured medical data on clinical trials to simplify things for patients that are trying to evaluate potential trials
Connected: we help patients proactively reach out to the researchers directly and researchers love connecting with motivated patients
The team
We're a team of experienced marketplace operators with backing from some of the best across health tech and pharma.
Check out our team page
If this sounds like your kind of adventure
We'd love to hear from you. Email [email protected]
In lieu of a cover letter, tell us about something you've built that you're proud about (or better yet, show us)!
FAQ
What is the culture like at Power?
A few values stand out: urgency, selflessness, agency, pragmatism. We’re looking for owners, so we hope you’ll help us expand this list.
What's your approach to remote work?
We're a remote-first team at Power, and plan to remain as such post-pandemic. That said, we've budgeted for quarterly team off sites over the course of the next year, as we believe work is more fun when you have a deep personal relationship with your colleagues.
What are the requirements? Do I need certain years of experience, or a background in healthcare?
We have no 'formal' experience requirement, but think it's important that our earliest team members are highly autonomous.
Inversely, if you're at a point in your career where active mentorship is very important to you, this role likely isn't a fit for you.
How is the work life balance?
At the highest level: we trust team members to manage their own schedules and we believe that taking time off to recharge makes you more productive in the long run.
The truth about early stage companies and small teams is that everyone’s work makes a big difference on the company’s trajectory. We’re not afraid to work hard if it’s impactful.
Typically, we check out around 6pm to protect family time and then log-in later to finish anything that was left undone.
How are you funded?
Happy to share specifics but we've raised a large seed round from top investors. We've intentionally raised enough to comfortably get us through the messy 0 to 1 stage.
How does your interview process look?
We strive to make a decision in about two weeks. The last thing we want is to be wasting your time. We believe that it’s important you’ve had a chance to meet a number of folks on our team so you’re able to decide whether you’re going to like working with us. So we’ll work to make sure you’ve met 3 members of our team and our two founders.
How big is this market?
Clinical trial recruiting is $3B dollars annually. Total spend on clinical trial operations is $180B annually.
Diversity is a priority for our team. Historically, clinical research has been terrible about including diverse populations. This is problematic because the efficacy and safety of medicine may differ by age, sex, race, and ethnicity. As a result, we draw healthcare conclusions that don’t actually reflect the outcomes for various groups (source).
Power exists to empower all patients, and that starts with having a diverse team.