Associate Director, Business Development & Acquisitions

AbbVie • North Chicago, IL

1d • $141,500 - $268,500

About The Position

The Associate Director of Program Management & Business Development leads selected strategic projects and programs to enable the launch of new products, primarily through new business opportunities. The role evaluates and executes program-related business development opportunities through operational and technical due diligence, manages cross-functional teams, and supports integration of new opportunities aligned with organizational strategy. It also oversees opportunity assessments, external-party interactions, partnership and acquisition negotiations, and communications and presentations for senior management.

Requirements

• 10 or more years of pharmaceutical industry experience, including broad operations, program management, and/or business development experience.
• Experience in pharmaceutical development (API, drug product, biologics, and/or devices) and/or business development, including managing opportunity assessments.
• Effectiveness presenting to and influencing senior leadership.
• Ability to challenge project teams to deliver desired or required outcomes.
• Ability to lead and influence cross-functional teams in a matrix setting.
• Project management and leadership skills to manage multifunctional teams evaluating target opportunities and producing high-quality analyses and timely results.
• Strong communication skills to communicate business strategies and capabilities internally and externally, present recommendations clearly and concisely, and promote cross-functional communication.
• Demonstrated negotiation and influencing skills in program and deal settings, including creative problem solving and establishing mutually beneficial relationships.
• Strong financial acumen and analytical skills to understand financial evaluations, support fact-based decisions, and conduct assessment and due diligence activities.
• Strong understanding of drug development, regulatory, and commercialization processes for evaluating pharmaceutical opportunities.

Nice To Haves

• Technical education in Engineering, Chemistry, Pharmaceutical Sciences, or Business.
• Master of Business Administration.

Responsibilities

• Maintain program management and business development evaluation processes, recommend prioritization and resource allocation, and move projects forward efficiently.
• Ensure stakeholders execute programs according to required timelines, budgets, and regulatory requirements.
• Coordinate with other functions to keep programs on track and escalate and resolve conflicts and issues among programs and stakeholders.
• Lead cross-functional teams conducting assessments and due diligence for new program-related business opportunities, oversee evaluation processes and timelines, and develop recommendations and proposals for senior management based on technical and commercial assessments.
• Manage interactions with external parties concerning program-related business development, due diligence, and partnership evaluation.
• Contribute to negotiations for program-related partnerships, agreements, and acquisitions, including agreement on key terms and execution of legal agreements.
• Communicate evaluation and negotiation status to internal stakeholders and prepare opportunity assessments and summaries for executive audiences.
• Present recommendations to senior management, orally and in writing, to seek approval for new programs and business opportunities.

Benefits

• Paid time off, including vacation, holidays, and sick time.
• Medical, dental, and vision insurance for eligible employees.
• 401(k) for eligible employees.
• Eligibility to participate in long-term incentive programs.

What This Job Offers

• Job Type: Full-time
• Career Level: Director
• Education Level: No Education Listed