Position: Vice President, Commercial Partnerships
Company: Nuritas
Location: USA, Remote.
COMPANY BACKGROUND / CULTURE
Nuritas is revolutionizing the discovery of novel, natural, and scientifically proven bioactive ingredients that enable their partners to create better or new product solutions for their customers. The company’s disruptive computational approach to discovery uses artificial intelligence, deep learning, and genomics to rapidly and efficiently predict and then unlock peptides - the most health-benefiting components hidden within plants and natural food sources. Nuritas has established the world’s largest peptide knowledge base. Through its discoveries, Nuritas wants to firstly manage and improve human health, and secondly, help make our food system more sustainable by using natural and sustainable ingredients to replace current unwanted ingredients and molecules.
Since its founding in 2014, Nuritas has developed proprietary AI and DNA analysis to enhance the accurate analysis of molecules and peptides in food. The new technology is significantly faster with unparalleled accuracy compared to traditional methods of discovery. Founded by research scientist Dr. Nora Khaldi, Nuritas has received significant backing to develop its technology.
Nuritas has built and grown a unique discovery platform now called Magnifier. The Magnifier artificial intelligence platform with wet lab has been shaped and trained on years of proprietary experimental data, as well as curated structured and unstructured data, allowing it to predict novel peptides with targeted efficacy. Beyond efficacy, Nuritas’ platform can also predict with huge accuracy the chemical and physical characteristics of peptides needed to have clinical and commercial viability, such as cell penetration or bioavailability.
Nuritas’ Magnifier platform has attracted high-profile partnerships and customers, including Nestle, Mars, Sumitomo Corporation, Pharmavite, BASF, and Givaudan. Our science-proven bioactive peptides are unlocked from plants and natural food sources, with applications across functional foods, supplements, medical food, cosmetics and food technology.
Separately, the beating heart of Nuritas is their incredibly passionate team. Nuritas has an international team comprising over 16 different nationalities with locations in Dublin and Connecticut. They are also very proud of their gender balance with 50% women and men across the team. The Nuritas Data Scientists, Biologists, AI Engineers, Chemists, Commercial and Operations teams bring innovation, passion and flexibility to their work every day. With an extremely strong team, advisory board, investors and collaborations, the Nuritas mission is to unlock the benefits of nature and improve the lives of billions.
BACKGROUND TO THE APPOINTMENT
As the Vice President Partnerships, you’ll be responsible for the commercial growth of our partnership business. You will lead Nuritas in working with partners to discover, develop and commercialize natural, IP – protected peptides and support them to leverage our AI-powered technology to identify novel ingredients. In this role, you’ll exemplify the leadership and communication skills that drive lasting relationships and top business results. You will bring solutions and a resilience with a can-do attitude to make an impact and drive the value we seek. The role will require you to work cross-functionally across Nuritas to deliver near term and long term revenue. Moreover, you will drive the implementation of our business development strategies to achieve revenue targets and expand our presence across the globe.
THE OPPORTUNITY
Job description of Vice President Partnerships
The Vice President Partnerships is responsible for leading the development and implementation of all Nuritas’ strategy, planning, and revenue generation in the commercial partnership category, specifically:
· Shape and execute Nuritas’ partnership strategy in alignment with the organization’s global vision. This strategy should include a clear path to revenue generation via commercial agreements that leverage Nuritas’ AI discovery platform (Magnifier).
· Identify and engage with target companies that are the best fit for our Magnifier AI discovery partnership model. These targets could be other functional ingredient, personal care, food & beverage, B2B companies, etc.
· Develop and close commercial agreements via Magnifier partnerships that maximize Nuritas revenue while delivering the potential for a lasting relationship with clients.
· Lead cross-functional activities (especially with R&D) to ensure that milestones in existing and future partnership agreements are achieved on time and in full.
· Deliver near term partnership revenue targets while building the customer pipeline for future growth.
· Demonstrate an ability to cultivate and maintain strong customer relationships.
· Participate in industry events, trade shows, and conferences to promote the company's offerings and expand the customer base.
Who You Are:
· You have extensive experience in business development with expertise in technology partnerships and sales.
· You have experience in a science-based technology organization.
· You have a tenacious approach to prospecting and driving deals to completion.
· You are customer obsessed.
· You thrive in a collaborative and fast paced environment.
· You are a strategic thinker who solves today’s challenges while anticipating and planning for tomorrow.
· You are highly adept at assertive sales growth- identifying opportunities and implementing plans to leverage those opportunities.
Other Key Requirements:
· A 5-10 years relevant industry experience.
· Bachelor’s degree – MBA desirable.
· Technical background desirable.
· Strong oral and written skills.
· Extensive travel (50%) to customer sites is crucial.
· Experience in R&D or PD is beneficial.