AbbVie
Director, Business Development & Acquisitions PDS&T
AbbVie, North Chicago, Illinois, us, 60086
Director, Business Development & Acquisitions PDS&T
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Director, Business Development & Acquisitions PDS&T
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AbbVie AbbVie's mission is to discover and deliver innovative medicines and solutions that solve serious health issues today and address the medical challenges of tomorrow. Job Description
The PDS&T (Product Development, Science and Technology) Director of Business Development & Acquisitions translates unmet customer and market needs to identify potential new business opportunities. Responsibilities Build an asset-specific development plan in alignment with clinical and commercial timelines. Identify technical gaps and/or risks associated with available CMC data. Manage cross-functional teams comprising of functional leaders to make decisions on business opportunities. Lead the assessment and due diligence activities, including managing interactions with external parties and developing timely recommendations and proposals for senior management consideration. Proactively research, identify and evaluate potential licensing and acquisition targets that are consistent with AbbVie strategies and driving sustainable growth for the Company. Develop effective deal structure, risk mitigation and negotiating strategies and ensure alignment with AbbVie objectives and functional management. Significantly contribute to the negotiation process including agreement on key terms and execution of legal agreements and integrate assets into AbbVie. Communicate status of negotiations with key internal stakeholders on a timely basis. Significantly contribute to negotiations to partner or divest non-strategic assets and to renegotiate terms of existing agreements. Communicate and network with potential external parties to ensure awareness of AbbVie key capabilities and Licensing & Acquisition objectives. Build and maintain best-in-class licensing and acquisition processes to move projects forward in the most efficient and effective manner. Deliver oral and written presentations to senior management to seek approval for new opportunities. Qualifications Bachelor’s Degree Required. Degree in Science preferred, or relevant discipline. Advanced degree preferred. 7+ years of industry experience in pharmaceutical development, including managing the assessment of opportunities and negotiating and closing deals successfully. Strong understanding of the drug development, regulatory, and commercialization process for evaluation of pharmaceutical opportunities. Project management/leadership skills to lead/manage multifunctional teams to evaluate target opportunities. Strong communication skills to effectively communicate business strategies and capabilities internally and externally. Strong networking skills to reach out to a broad range of industry decision makers. Demonstrated negotiation and influencing skills in a deal setting to creatively solve problems with partner companies and close deals. Strong financial acumen and analytical skills to understand financial evaluations and drive fact-based decision making. We offer a comprehensive package of benefits including paid time off, medical/dental/vision insurance, and 401(k) to eligible employees. AbbVie is an equal opportunity employer and is committed to operating with integrity, driving innovation, transforming lives, and serving our community. Equal Opportunity Employer/Veterans/Disabled.
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Join to apply for the
Director, Business Development & Acquisitions PDS&T
role at
AbbVie AbbVie's mission is to discover and deliver innovative medicines and solutions that solve serious health issues today and address the medical challenges of tomorrow. Job Description
The PDS&T (Product Development, Science and Technology) Director of Business Development & Acquisitions translates unmet customer and market needs to identify potential new business opportunities. Responsibilities Build an asset-specific development plan in alignment with clinical and commercial timelines. Identify technical gaps and/or risks associated with available CMC data. Manage cross-functional teams comprising of functional leaders to make decisions on business opportunities. Lead the assessment and due diligence activities, including managing interactions with external parties and developing timely recommendations and proposals for senior management consideration. Proactively research, identify and evaluate potential licensing and acquisition targets that are consistent with AbbVie strategies and driving sustainable growth for the Company. Develop effective deal structure, risk mitigation and negotiating strategies and ensure alignment with AbbVie objectives and functional management. Significantly contribute to the negotiation process including agreement on key terms and execution of legal agreements and integrate assets into AbbVie. Communicate status of negotiations with key internal stakeholders on a timely basis. Significantly contribute to negotiations to partner or divest non-strategic assets and to renegotiate terms of existing agreements. Communicate and network with potential external parties to ensure awareness of AbbVie key capabilities and Licensing & Acquisition objectives. Build and maintain best-in-class licensing and acquisition processes to move projects forward in the most efficient and effective manner. Deliver oral and written presentations to senior management to seek approval for new opportunities. Qualifications Bachelor’s Degree Required. Degree in Science preferred, or relevant discipline. Advanced degree preferred. 7+ years of industry experience in pharmaceutical development, including managing the assessment of opportunities and negotiating and closing deals successfully. Strong understanding of the drug development, regulatory, and commercialization process for evaluation of pharmaceutical opportunities. Project management/leadership skills to lead/manage multifunctional teams to evaluate target opportunities. Strong communication skills to effectively communicate business strategies and capabilities internally and externally. Strong networking skills to reach out to a broad range of industry decision makers. Demonstrated negotiation and influencing skills in a deal setting to creatively solve problems with partner companies and close deals. Strong financial acumen and analytical skills to understand financial evaluations and drive fact-based decision making. We offer a comprehensive package of benefits including paid time off, medical/dental/vision insurance, and 401(k) to eligible employees. AbbVie is an equal opportunity employer and is committed to operating with integrity, driving innovation, transforming lives, and serving our community. Equal Opportunity Employer/Veterans/Disabled.
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