Timothy Schmidt

Timothy Schmidt Email and Phone Number

Vice President, Primary Care Sales @ Shionogi Inc. (U.S.)
Sarasota, FL, US
Timothy Schmidt's Location
Ridgefield, Connecticut, United States, United States
About Timothy Schmidt

Transformative Global Healthcare Executive with a successful track record of designing commercial strategies from venture start-up to very large organizations with excellent strategic planning and execution ability. Created new organizations while cultivating high-performance teams across different functions and geographies: global marketing, national sales, strategic account management, and commercial compliance. Consistently exceeds sales and profit targets with assets in a wide variety of therapeutic areas (Cardiovascular, Metabolic, Respiratory, CNS, Gastrointestinal, Infectious Disease, and Immunology) and deep experience in all aspects of product life-cycle. ๐—•๐˜‚๐—ถ๐—น๐—ฑ๐—ถ๐—ป๐—ด ๐—–๐—ผ๐—บ๐—บ๐—ฒ๐—ฟ๐—ฐ๐—ถ๐—ฎ๐—น ๐—˜๐˜…๐—ฐ๐—ฒ๐—น๐—น๐—ฒ๐—ป๐—ฐ๐—ฒ. Global success in Marketing, Account Management, and Commercial Operations, leading teams to exceed targets. Pivoted organizations to new ways of selling (risk sharing and IDN) and leading in digital communication (more integrated approach, multichannel) with clients and partners. ๐—Ÿ๐—ฒ๐—ฎ๐—ฑ๐—ฒ๐—ฟ๐˜€๐—ต๐—ถ๐—ฝ. Builds a culture of high performance through teams with diverse experience and perspectives while ensuring a motivating and inspiring work environment. Fosters healthy debate, drives accountability deep in the organization, and emphasizes clear goals and objectives. ๐—ง๐—ฟ๐—ฎ๐—ป๐˜€๐—ณ๐—ผ๐—ฟ๐—บ๐—ฎ๐˜๐—ถ๐—ผ๐—ป/๐—–๐—ต๐—ฎ๐—ป๐—ด๐—ฒ ๐— ๐—ฎ๐—ป๐—ฎ๐—ด๐—ฒ๐—บ๐—ฒ๐—ป๐˜. Comprehensive knowledge of go-to-market strategies, commercial differentiation, and technology innovation to drive business performance. Engages stakeholders (HCP, Patient, Payor, and Policy) with a focus on creating purpose-driven launch excellence.

Timothy Schmidt's Current Company Details
Shionogi Inc. (U.S.)

Shionogi Inc. (U.S.)

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Vice President, Primary Care Sales
Sarasota, FL, US
Website:
shionogi.com
Employees:
507
Timothy Schmidt Work Experience Details
  • Shionogi Inc. (U.S.)
    Vice President, Primary Care Sales
    Shionogi Inc. (U.S.)
    Sarasota, Fl, Us
  • Citaretx
    Venture Partner And Chief Commercialization Officer
    Citaretx 2023 - Present
    Ridgefield, Connecticut, United States
    Develop and innovate commercial strategies to drive growth of portfolio companies. Focused on building go-to-market models for a diverse health tech companies, including innovative fluid-warming devices (EMIT Corporation), coagulation testing systems (Coagulax, Inc), robotic surgical systems (Houston Medical Robotics, Inc), and health-monitoring technologies (HMT, Inc). Report to the Managing Partner and CEO.โ€ข $20MM 5-Year contact with the Department of Logistics (DoD) to supply forward bases with innovative fluid warming technologies.โ€ข Closing capital raise for Fund 2 and began $100M capital raise for Fund 3.โ€ข Managed channel distribution network and all other commercial aspects for portfolio.
  • Chrysalis Biotherapeutics, Inc.
    Independent Member, Board Of Directors
    Chrysalis Biotherapeutics, Inc. Oct 2022 - Present
    Houston, Texas, United States
    Selected to join the Board of Directors as we prepare for human trials of TP508. Initial target markets are Acute Respiratory Distress Syndrome (ARDS) and other fibrotic diseases of the lung.
  • Boehringer Ingelheim
    Vice President, Sales (Respiratory, Cardiovascular, And Metabolic)
    Boehringer Ingelheim 2016 - Jul 2023
    Ridgefield, Ct
    After reorganization, gained responsibility for merging 3 regions into one national selling respiratory products. Original team in 2019 consisted of eight direct reports and 750 sales people. Reported to the SVP, Respiratory.โ€ข Launched new Respiratory franchise model focused on differentiating the respiratory portfolio in a highly competitive market. Combined respiratory sales teams from each of the former regions (North, South, and West) into one unit.โ€ข Built a culture from scratch for a new Region, formed by combining teams spread geographically across the US. Quickly focused on rapid assimilation to connect everyone to the new vision. Set a cadence for talking about the organizationโ€™s standards, expectations, and creating value through innovation.โ€ข Achieved franchise revenue and profit targets in 2020, 2021, and 2022.โ€ข Led reorganization to drive increased productivity (20% YoY) on targets while improving profitability. โ€ข Modeled new leadership by regularly going on customer visits with salespeople to understand customer pain points and deliver messaging to the field. Instituted a regular internal social media presence to report on learning derived from customer visits.โ€ข Achieved best Engagement scores of large organizations in US Human Pharma 2020, 2021, 2022; exceeded internal and external benchmarks for each of seven dimensions.
  • Boehringer Ingelheim
    Vp, Us Commercial Operations Head (Cardiovascular, Metabolic, Respiratory, Oncology, Rare Disease)
    Boehringer Ingelheim 2014 - Sep 2016
    Ridgefield, Us
    Challenged to restructure the US Commercial Organization to improve bottom-line performance. Managed a team of 135 professionals. Managed Prescription Medicines Business Unit Operational functions (Marketing and Sales Operations, Incentive Compensation, Quality, Training and Development) in support of $4.8B net sales including Cardiovascular, Metabolic, Respiratory, Oncology, Rare Disease). Reported to the President, US Human Health.โ€ข Achieved one-year operating income improvement of 19.5% while improving customer satisfaction by 25% from baseline after 18 months.โ€ข Implemented Phase 1 of a new sales engagement B2B selling model. Phase 1 pilot lowered operating expenses 25%โ€“38%.โ€ข Developed innovation accelerator for emerging idea generation and ideation across the organization. For example, leveraged Project Management Office to reduce cycle time with medical, legal, and regulatory approval processes.
  • Boehringer Ingelheim
    Global Head, Corporate Key Account Management
    Boehringer Ingelheim 2013 - 2014
    Ingelheim, Germany
    Start-up role to build and deliver innovative โ€œsolutions beyond the pillโ€ in the face of margin pressure in North America, Europe, and select Emerging Markets. Initiated new relationship with large B2B entities in Europe, a market that had not been targeted in the past. Reported to the EVP of Commercial Operations.โ€ข Developed go-to-market strategy for key global accounts and oversaw implementation. Top five marketsโ€™ targeted accounts grew 15% faster than nontargeted.โ€ข Improved customer satisfaction ranking 30% (US HIRC Study 2013).โ€ข Devised a risk-sharing pricing and reimbursement program with entities including the UKโ€™s National Health Service to grow business. Led to novel โ€œHospital to Homeโ€ program resulting in significantly lower 30-day readmissions for patients with COPD.
  • Boehringer Ingelheim
    Global Marketing Head - Cardiovascular
    Boehringer Ingelheim 2010 - 2013
    Ingelheim Am Rhein, Germany
    Challenged to reshape marketing strategy after better-than-expected Phase 3 results of key asset. Successfully hired, developed, and retained a world-class team with expertise in medical marketing strategy, crisis management, media/public affairs, and direct-to-patient communication. Reported to EVP, Global Marketing.โ€ข Created the global marketing strategy, aligned internal and external stakeholders, and drove implementation for the first-in-class novel oral anticoagulant (Pradaxaยฎ) and pre-launch plan for idarucizamab (reversal agent).o Achieved second best new product launch in terms of net sales since 2000 (โ‚ฌ1.1B in 14 months) despite taking on 50-year market leader, Warfarin.o Pivoted the strategy and explained opportunities with two new indicators, which opened up new market opportunities (โ‚ฌ1.8B) for the drug.o Identified many new elements of marketing plan, including obtaining scientific influencers, pricing/value analysis versus a generic competitor, and patient/clinician training.โ€ข Awarded 2011 Best HCP and PR Campaign by Medical Marketing Manufacturers publication and 2012 Prix Galien (Germany, France) by the Galien Foundation.
  • Boehringer Ingelheim
    Executive Director, Clinical Science
    Boehringer Ingelheim 2009 - Jan 2010
  • Boehringer Ingelheim
    Executive Director, Institutional Sales
    Boehringer Ingelheim 2007 - 2009
  • Boehringer Ingelheim
    Executive Director, Commercial Compliance
    Boehringer Ingelheim 2004 - 2007

Timothy Schmidt Education Details

Frequently Asked Questions about Timothy Schmidt

What company does Timothy Schmidt work for?

Timothy Schmidt works for Shionogi Inc. (U.s.)

What is Timothy Schmidt's role at the current company?

Timothy Schmidt's current role is Vice President, Primary Care Sales.

What schools did Timothy Schmidt attend?

Timothy Schmidt attended Northwestern University - Kellogg School Of Management, Carroll University.

Who are Timothy Schmidt's colleagues?

Timothy Schmidt's colleagues are Juana Correa, Yvette Bruner, Karl Mundt, Ellen Handerhan, Mha, Kayly Mayersky, John Keller, Dominick Marino.

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