What are the responsibilities and job description for the Principal Data Scientist position at formationbio?
About Formation Bio
Formation Bio is a tech and AI driven pharma company differentiated by radically more efficient drug development.
Advancements in AI and drug discovery are creating more candidate drugs than the industry can progress because of the high cost and time of clinical trials. Recognizing that this development bottleneck may ultimately limit the number of new medicines that can reach patients, Formation Bio, founded in 2016 as TrialSpark Inc., has built technology platforms, processes, and capabilities to accelerate all aspects of drug development and clinical trials. Formation Bio partners, acquires, or in-licenses drugs from pharma companies, research organizations, and biotechs to develop programs past clinical proof of concept and beyond, ultimately helping to bring new medicines to patients. The company is backed by investors across pharma and tech, including a16z, Sequoia, Sanofi, Thrive Capital, John Doerr, Spark Capital, SV Angel Growth, and others.
You can read more at the following links:
- Our Vision for AI in Pharma
- Our Current Drug Portfolio
- Our Technology & Platform
At Formation Bio, our values are the driving force behind our mission to revolutionize the pharma industry. Every team and individual at the company shares these same values, and every team and individual plays a key part in our mission to bring new treatments to patients faster and more efficiently.
About the Position
As a Principal Data Scientist at Formation Bio, you will be at the forefront of revolutionizing drug development through AI and advanced analytics. In this role, you'll lead crucial initiatives that directly impact our drug development portfolio, from developing sophisticated models for patient selection to creating AI-powered solutions for clinical trial optimization. You'll work at the intersection of computational biology, machine learning, and drug development, collaborating with cross-functional teams to translate complex biological data into actionable insights. This position offers a unique opportunity to shape the future of pharmaceutical development by leveraging cutting-edge AI technologies while making a meaningful impact on patient lives.
Responsibilities
- Lead and execute complex data science projects that directly advance our drug development portfolio
- Develop and implement sophisticated models for therapeutic hypothesis evaluation, including patient stratification and biomarker identification
- Design and create AI models for modernizing clinical trial evaluations, including surrogate endpoints
- Aid in the development and training of AI agents to automate and optimize biomedical workflows
- Collaborate cross-functionally with clinical, technical, and research teams
- Present complex analytical findings to senior stakeholders, including executive leadership
About You
Required Qualifications
- PhD in computational sciences or life sciences
- 5 years of post-academic experience in life sciences (biotech, pharma, consulting)
- Strong programming skills, particularly in Python
- Extensive experience in multi-modal bioinformatics analysis
Preferred Qualifications
- Proven expertise in cloud computing environments, including proficiency with tabular and/or graph databases
- Strong background in machine learning and deep learning, particularly in biological applications
- Experience with large language models (LLM)
- Demonstrated ability to collaborate effectively with engineering teams on production systems
- Strong communication skills with proven ability to present complex technical findings to senior stakeholders
Formation Bio is prioritizing hiring in key hubs, primarily the New York City and Boston metro areas, with additional growth in the Research Triangle (NC) and San Francisco Bay Area. Please only apply if you reside in these locations or are willing to relocate.
Compensation:
The target salary range for this role is: $204,500 - $267,000.
Salary ranges are informed by a number of factors including geographic location. The range provided includes base salary only. In addition to base salary, we offer equity, comprehensive benefits, generous perks, hybrid flexibility, and more. If this range doesn't match your expectations, please still apply because we may have something else for you.
You will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.
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Salary : $204,500 - $267,000