$93-122k
Salary applicable to candidates in New York only and may vary in further locations. + Equity
2+ days a week in office
End-to-end medical trial solutions
Job no longer available
End-to-end medical trial solutions
101-200 employees
Job no longer available
$93-122k
Salary applicable to candidates in New York only and may vary in further locations. + Equity
2+ days a week in office
101-200 employees
To bring new treatments to patients faster and more efficiently.
Clinical drug trials are lengthy and expensive, delaying the supply of vital new drugs to patients and costing lives. For Formation Bio, this is an efficiency issue - one which it hopes to solve with its end-to-end automation solution.
According to the company, its approach has teams running medical trials twice as fast and at half the cost. This success has pushed Formation to expand beyond supporting trials into developing assets itself. In 2025, it reached a major milestone by licensing its first drug - a late-stage JAK/SYK inhibitor - to Sanofi in a deal worth up to hundreds of millions. Alongside this, the company has also added an early immunology program to its pipeline, signaling a broader push into in-house development.
Now a Unicorn, with partners including Pfizer, Sanofi, Novartis and 23andMe, Formation Bio is steadily embedding itself within the Big Pharma ecosystem. How far it can go remains an open question, but the prospect of cheaper drugs and faster innovation is becoming harder for the industry to ignore.

Kirsty
Company Specialist at Welcome to the Jungle
30% employee growth in 12 months
Jun 2024
$372m
SERIES D
Sep 2021
$156m
SERIES C
Midtown South, New York, NY
Benjamine Liu
(Co-Founder & CEO)Worked as a computational biologist at various Neurology departments, following a D.Phil in computational Biology and Psychiatry at Oxford. They are also an Advisor at Harvard Business School.
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