Alan Jernigan
***** *. ****** ****** **. 818-***-**** Mobile
Malibu, CA 90265 ************@*****.*** 424-***-**** Home
SENIOR EXECUTIVE - LIFE SCIENCE, DIAGNOSTICS, PHARMACEUTICALS
Strategic Positioning - Turnarounds - Globalization- - Acquisitions -
Raising Capital
. Proven leader with 20+ year track record of successful turnarounds and
growth in start-ups, private equity companies, and public entities
ranging from $3M to $3B.
. Responsible for full P&L, product development, manufacturing,
marketing, sales, customer care, business development, finance, and
acquisitions.
. Developed and implemented initiatives resulting in a 23% improvement
to net income after the first year.
. Established and opened a European Division Commercial Headquarters in
Germany and improved ex-US market sales from 20% to over 35% year over
year growth
. Increased sales from $149M to $200M in 12 months and worldwide market
share position by 10%
. Identified strategic partners and alliances aimed at increasing top
line by 17% over the period and operating income by 45%
. Successfully launched over 80 new products/technologies during a 20
year span including developing healthcare economic propositions with
reimbursement regulatory bodies such as CMS & third party insurance
payors.
PROFESSIONAL EXPERIENCE
One Lambda Inc, Canoga Park, CA 2010 - 2011
. 27 year old privately held family owned business, focused on serological,
flow, molecular and antibody detection transplant diagnostic testing and
instrumentation for surgeons, clinicians, hospitals, research facilities,
academia, and reference labs domestically and international. Worldwide
market leader in Molecular Diagnostic testing markets with 200M in global
sales. Ultimately the family determined to go in a different strategic
path that would lead to a separation
Chief Commercial Officer / Sales, Marketing, Customer Support, PR
Recruited to develop and implement a plan to restructure the commercial
operations organization and expand into ex-US geographic markets.
Additional concurrent assignments added during tenure were Business
Development, Leader of the Instrument Development and Support Teams, and
Senior Executive in charge of Licensing and potential acquisitions.
. Led commercial operations to a consistent sales growth of 19% year over
year.
. Reduced marketing spend by $5M in the first year while at the same time
addressing improved customer service through a reallocation of personnel.
Improved efficiency and focus by elimination of redundant and
overlapping business activities and positions. According to an
independent survey, customer satisfaction improved from a position of # 3
to a rating of #1 in One Lambda Inc. being BEST IN CLASS in customer
service and technical support.
. Developed and executed a Global Business Expansion strategy that included
a combination of strategic licensing deals and organic geographic
expansion.
o Established and opened a European satellite subsidiaries and
improved ex-US market sales from 10% to over 25% year over year
growth.
o Led the implementation plan for prioritizing and establishing in
country legal entity status along with a distributor sales presence
increase from 45 to 60 distribution partners.
. During tenure also led the newly created Business Development Unit
consisting of R&D, Clinical Affairs, Program Management and Scientific
Marketing. In this capacity led the introduction of the first genetic
based test for the prediction of antibody mediated rejection. The test
was successfully launched domestically and internationally where it is in
routine use and is awaiting FDA/CE approval. Sales are increasing 40%
year over year.
. After the signing of a new multi-year contract with our OEM partner,
assigned the additional responsibility to lead the Instrument System
Development and Support teams. Key accomplishments during this period
were:
o Collaboration with the OEM vendor to complete the development of
the company's future major instrument system. Critical decision
making for future company revenues and pipeline of new products.
. Recommended and guided a revision to the companies marketing
specification requirements targeting a broader customer
segment with a significantly larger revenue potential.
. Senior Executive responsible for the first ever 3 year strategic plan
Alan Jernigan 818-***-**** Mobile Page Two
THROMBOVISION, Houston, TX 2006 - 2010
An early stage private equity backed company in the Point of Care
diagnostic market arena focusing on diagnostic tests for the early
detection of heart attacks, stroke, and stent occlusions as well as the
efficacy of pharmaceutical treatments
Global Vice President/GM Sales and Marketing
Reporting to the President / CEO as a key executive and member of the
leadership team focused on four main areas -sales and marketing, strategic
planning, voice of the customer product development, and execution and
operations. Recruited into this role with a mission to develop a plan that
would build a commercially viable business that had been in R&D mode for
several years. Key main functions included raising capital, developing a
world-class infrastructure for sales and marketing, create a commercial
product, and obtain FDA approval. The company lost funding of its continued
operations and the technology/IP reverted back to BYU and all assets
liquidated.
Sales and Marketing
. Provide leadership to a team of 25 direct reports; of which 10 were
DSS's, 2 TSS's, marketing manager, 2 customer support reps, 1 technical
rep, and 2 telesales associates
. Manage a commercial budget of $1.2 million with P&L responsibility for $7
million in pre-market sales revenue
. Developed sales and expense budgets and established revenue goals
. Developed and executed marketing plans and strategies to penetrate
domestic and global markets, including Latin America, Europe and Asia.
. Established successful marketing strategies, pricing strategies, created
advertising and handled public relations.
. Negotiated agreements and oversaw activities of distributorships.
. Analyzed and forecasted sales to maximize marketing resources.
. Interface with all stakeholders including Board of Directors to develop
and communicate organizational strategies, develop operational
efficiencies, and create proposals to increase technical efficiency and
propel profits.
INNOVA-TEK CORP., Fort Worth, TX 2004 - 2006
A late stage privately owned pharmaceutical and diagnostic start-up company
marketing generic oral and injectible formulations and innovative point of
care diagnostic platform technologies used to monitor patients for
cholesterol, diabetes, congestive heart failure, hyper/hypo thyroidism,
infectious disease, and others. Company owner decided to sell the company
to an international competitor and all operations domestically were
eliminated.
Vice President and General Manager
Recruited to this position by the CEO of the company to develop and
implement a plan to restructure the commercial operations organization and
expand into ex-US geographic markets. Responsible for directing both
domestic and international sales and marketing operations for the company.
Full P&L responsibility for Pharmaceutical and Diagnostic Business Units
consisting of two companies totaling 26 direct employees, 51 independent
sales agents, and an annual turnover of $12M.
. Restructured and reorganized the sales, marketing, and customer service
organizations resulting in a 3X increase in sales revenue run rate.
. Reorganized Worldwide Commercial Operations and recruited key senior
sales and marketing talent to address improvements needed in sales
pipeline. Allowing the company to successfully establish two new
partnerships with the OEM partners resulting in $8M in incremental
annualized revenues.
. Identified strategic partners and alliances aimed at increasing top line
by 12% over the period
. Developed and implemented initiatives to drive working capital
improvements providing favorability to operating income. Resulting in a
15% improvement to net income after the first year.
. Placed 250+ instruments during the first year and over 9,000 test kits
. Assisted the President in negotiations for a merger acquisition.
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IGEN INTERNATIONAL, Gaithersburg, MD 2003 - 2004
A leader in a proprietary chemiluminescent technology used in EIA platforms
in both clinical diagnostic as well as life science markets with a total
size of over $8B.
Director or Corporate Development, Diagnostic& Life Science Operations
The company was involved in a law suit with its strategic partner and the
largest diagnostic company in the world, Roche Diagnostics, and my key
mission was to develop a strategic development plan that would allow the
company to take the business back and sell direct. Roche had invested
hundreds of millions in the company's technology and over a billion dollars
of revenues were at stake.
. Developed and executed plan to serve as a lever to encourage a settlement
- ultimately it was successful as Roche paid more than $1.5B to IGEN for
a fully paid up and perpetual worldwide exclusive license. However, in
the end Roche decided to buy IGEN and retain complete and total licensing
rights without having to compete with IGEN and constructively separated
with all employees.
Corporate Development
. Helped train and launch 2 new instrument platforms
. Helped train and launch 6 new biomarkers
. Instituted and trained both the domestic and international teams on a
standardized sales model
. Improved the close ratio from 20% up to 38%
. Developed a center for excellence for sales reps to bring in customers
. Worked with R&D, customers, and the sales team to establish "voice of the
customer" for next generation products
IDEXX LABS Clinical Diagnostic Division, Westbrook, ME 2002 - 2003
A leader in Immunology, Chemistry, Hematology, Coagulation tests and assay
controls with annual revenues of 500M. New president was hired and decided
to move in a different strategic direction.
National Sales Manager/Training Manager
Full P&L responsibility for Companion Animal Diagnostic Business Unit
consisting of two functions totaling 100+ employees and an annual turnover
of $125M.
. Developed and implemented a four year strategic plan.
. Identified strategic partners and alliances aimed at increasing top line
by 20% over the period and operating income by 60%.
. Exceeded Revenue, Operating Income, and Cash Flow targets for the
Division.
. Developed and implemented initiatives to drive working capital
improvements providing favorability to operating income. Resulting in a
21% improvement to net income after the first year.
. Reorganized Worldwide Commercial Operations and recruited key senior
sales and marketing talent to address improvements needed in sales
pipeline. Allowing the company to successfully establish two new
partnerships with the industry leading companies resulting in $50M in
incremental annualized revenues.
ABBOTT LABORATORIES, DIAGNOSTICS DIVISION, Abbott Park, IL 1991 - 2002
A multi-billion dollar diagnostic company
Worldwide Sales Training Manager - Point of Care, Chemistry, Hematology,
Immunoassay 1998 - 2002
Charged with full responsibility for the domestic and international
training of commercial account managers, executives, and specialists of the
$3B Diagnostic Business Unit including a recent Abbott acquisition,
formerly known as I-STAT.
. Planned and executed the strategic and tactical direction, including
sales, service, technical support, and leadership development to affect
improved effectiveness, cost reductions and support improvements.
. Developed 5 year "Strategic Organizational Inventory Assessment" for the
division which became the business Unit blueprint on new hires, sales
model/execution tactics, promotional guidelines, managerial and
leadership excellence, and dismissal of non performers.
. Increased sales per territory from $3M to $5M in three years and
worldwide market share position from number five to number three.
o Developed and executed a developmental plan to tap "emerging world"
opportunities in Eastern Europe, Middle East and Asia.
o Executed collaborative programs with distribution partnerships in
the US and in over 30 countries internationally.
o Saved division $2M in the first year through training cost
reductions.
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Operations Management and Training
. Managed the development of distribution, manufacturing, warehouse and
customer service strategies to support domestic and global sales
initiatives.
. Trained and managed sales, management and operations personnel company-
wide.
. Developed innovative sales incentive compensation programs to maximize
performance of internal and external sales/marketing teams.
Senior Executive, National Accounts Group, Dallas, TX 1996 - 1998
Diagnostic Systems Specialist, Dallas, TX 1993 - 1996
Account Executive, Dallas, TX 1991 - 1993
EDUCATION
MBA, Management - Oklahoma City University, Oklahoma City, OK
B.S., Business Administration - Oklahoma State University, Stillwater, OK