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I am a biotech executive with a track record of translating innovative technologies to approved and commercialized medical products. I combine a unique combination of relevant experience gained from both pharmaceutical and diagnostic sectors. My formal educational background combines molecular biology, finance, pharmaceutical economics, and intellectual property law, which positions me well for opportunities focused on translational medicine and early to stage product development and launch readiness. Specialties: life science business, oncology, ophthalmology, cardiovascular, negotiation, strategic marketing, mergers and acquisitions, licensing, intellectual property management
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Vp, Precision Medicine And CdxMythic Therapeutics, Inc. Aug 2024 - PresentWaltham, Massachusetts, UsI am focusing on developing and implementing comprehensive early stage biomarker and late stage CDx strategies for Mythic Therapeutic's portfolio of antibody-drug conjugates. -
Independent Director, Board Of Directors & Global Head Of Dx StrategyBioai Jun 2024 - PresentManchester, New Hampshire, UsI have been elected to join the Board of Directors at BioAI Health. In addition to my role as an independent director, I will serve as the company's Chief of Dx strategy. I believe that PredictLUNG can greatly help labs report actionable alterations in NSCLC faster, cheaper, and more accurately than they can today. -
Executive Director Business Development, Translational MedicineBristol Myers Squibb Sep 2020 - Jun 2024Lawrence Township, Nj, UsI led the Precision Medicine team of 5 BD professionals within the Strategy and Business Development function. My team and I were accountable for biomarker, IVD, and CDx transactions across BMS' portfolio, with emphasis on solid tumor, hematology, immunology, and cardiovascular assets. I served as a key voting member of the decision-making governing bodies for Precision Medicine and CDx collaborations, working alongside voting member peer leaders from Translational Medicine, Diagnostics, Commercial, Regulatory, Medical, Legal, and Interpretive Sciences. -
Nih Radx Industry PartnerVenturewell Mar 2020 - Feb 2021Hadley, Ma, UsI served as an industry liaison for RADx projects that completed proof of concept, were advancing toward full development, and were needing industrial/ manufacturing partners for late stage scale up and commercial distribution. -
Senior Vice President, Business DevelopmentPersonal Genome Diagnostics Sep 2017 - Feb 2020Salinas, California, UsA member of leadership team, I led and managed PGDx' strategic collaborations, including academic collaborators, intellectual property licensors, pharma partners, critical FDA-required suppliers, early commercial adopters, shareholders, and adjacent business partners. PGDx’ lead product was FDA cleared and launched in H1 2020. I also led the acquisition of key assets to differentiate the lead product for comprehensive genomic profiling, including MSI and TMB gene signatures. -
Vice President, Cdx Business Development, RocheRoche Jan 2016 - Aug 2017Switzerland 🇨🇭 , ChA member of the leadership team for CDx at Roche Molecular Solutions, I led the Partnering team for CDx pharma collaborations within the Tissue Diagnostics segment of Roche Diagnostics. During my tenure, the team oversaw 75+ partnerships and 300+ active projects across the industry, focused primarily on co-development and commercial collaborations with immuno-oncology and other targeted therapies in oncology. Key programs involved PDL1, MSI/ MMR, ALK, TRK, DLL3, Her2, cMET, PTEN, and many others. -
Senior Director, Head Of Strategic MarketingRoche Tissue Diagnostics/ Ventana Medical Systems Sep 2010 - Jan 2016Tucson, Arizona, UsI led the Strategic Marketing for Roche Tissue Diagnostics/ Ventana Medical Systems' TDx, which was the predecessor for the Companion Diagnostics business segment that exists today. I was responsible for writing the business plans for the CDx business, generating new product ideas and validating those ideas through negotiated partnerships with pharmaceutical companies. -
Director, Business DevelopmentRoche Tissue Diagnostics/ Ventana Medical Systems Feb 2007 - Sep 2010Tucson, Arizona, UsI was responsible for "buy side" activities including mergers/ acquisitions and in-licensing of key assets and/or 3rd party intellectual property for a NASDAQ- listed company, prior to merger in to Roche. I executed on key parts of the take-over defense strategy when Roche acquired Ventana, ultimately leading to a successful outcome for Ventana shareholders and, ultimately, for Roche and cancer patients. -
DirectorResearch Corporation Technologies 1999 - 2007UsRCT is a life science venture investor and technology management firm with over $300 million in assets. On the buy side, I led the due diligence of hundreds of new opportunities, many of which I sourced personally through my extensive network of pharmaceutical industry, university/ academic, and medical device contacts. After acquisitions, I often managed their incubation and development, including having responsibility for all aspects of corporate, business, and product development. On the sell side, I successfully out-licensed technology, raised additional venture rounds, secured grant funding, and participated in the out-right sale of companies.
Jay Foust Skills
Jay Foust Education Details
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University Of ArizonaPharmaceutical Economics -
University Of ArizonaMolecular And Cellular Biology
Frequently Asked Questions about Jay Foust
What company does Jay Foust work for?
Jay Foust works for Mythic Therapeutics, Inc.
What is Jay Foust's role at the current company?
Jay Foust's current role is VP, CDx and Precision Medicine.
What is Jay Foust's email address?
Jay Foust's email address is jf****@****ome.com
What is Jay Foust's direct phone number?
Jay Foust's direct phone number is +144360*****
What schools did Jay Foust attend?
Jay Foust attended University Of Arizona, University Of Arizona.
What skills is Jay Foust known for?
Jay Foust has skills like Oncology, Commercialization, Biotechnology, Medical Devices, Lifesciences, Life Sciences, Molecular Biology, Cross Functional Team Leadership, Fda, Drug Discovery, Licensing, Business Development.
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