Associate Director - External Innovation

Novo Nordisk • Cambridge, MA

4d • Hybrid

About The Position

The Associate Director, External Innovation is accountable for providing scientific expertise to support R&D External Innovation Partnerships and in driving an externally anchored project portfolio from sourcing of innovative opportunities, early-stage R&D partnerships and driving opportunities to decision group ensuring alignment with Novo Nordisk R&D Lines of Business (LoBs). By sourcing and assessing potential pipeline opportunities, the role ensures that NN can capitalize on collaborations that enhance its capabilities. Identify, scout, shape and mature external innovation opportunities within TAs of Novo Nordisk interest in the pipeline filling and sourcing team with NPI alignment. The role includes relevant NPI/LoB interfaces (potentially Diabetes, Obesity and related comorbidities) and focuses on understanding what is next for the pipeline, translating R&D/NPI/LoB priorities into external sourcing and scouting focus areas, shaping selected opportunities into actionable project proposals, and preparing governance-ready recommendations. The role is not of a due diligence owner; detailed diligence and transaction processes sit with the relevant assessment, SME, GBD/Search & Evaluation, and governance stakeholders.

Requirements

• PhD and 5+ years of experience, OR MD/DO and 1+ years of experience preferred. Equivalent experience requirements may be considered, Bachelor's degree from an accredited university and 9+ years of experience or a Master's degree and 7+ years of experience.
• Experience in pharmaceutical R&D, external innovation, sourcing/scouting, strategic partnerships, scientific project shaping, portfolio strategy, business development support or early collaboration development.
• Strong understanding of early R&D, NPI/LoB priorities, portfolio gaps and how external opportunities can contribute to future pipeline needs.
• Experience translating scientific or portfolio needs into sourcing themes, opportunity briefs, project plans, collaboration proposals or governance-ready recommendations.
• Experience working with cross-functional stakeholders across R&D, GBD/Search & Evaluation, Legal, Finance, IP and scientific/technical SMEs.
• Experience preparing senior-level materials, including opportunity summaries, project plans, risk/mitigation views, budget/resource implications and decision asks.
• High degree of personal motivation and proactivity, able to influence without authority, and operate comfortably in ambiguity
• Ability to spot emerging trends and external innovation opportunities.
• Analytical skills for conducting cost-benefit analyses
• Experience interacting with external partners, biotech companies, academic groups, incubators, accelerators or external scientific experts during sourcing/scouting or opportunity shaping.
• Strategic and structured, with strong ability to translate ambiguity into clear next steps.
• Strong external orientation and ability to spot relevant opportunities aligned to R&D needs.
• Strong stakeholder management and ability to align across NPI/LoB, EI&A and enabling functions.
• Clear written and verbal communication, including concise executive-level materials.

Nice To Haves

• Experience developing or improving sourcing/scouting playbooks, NPI interface models, templates, operating models or governance processes is an advantage.

Responsibilities

• Support ecosystem stimulation, scouting, evaluation, due diligence, and execution for external innovation opportunities for research and therapeutic discovery
• Drive efforts to identify, assess, and integrate cutting-edge science and technology into Novo Nordisk's innovation pipeline
• Monitor industry trends to ensure the organization maintains a competitive edge in scientific advancements
• Recommend strategies to leverage external innovation for transformative research and drug discovery solutions
• Prepare concise decision materials for EI&A leadership, NPI/LoB stakeholders and relevant governance forums.
• Maintain transparency on assigned sourcing/scouting pipeline, open questions, decisions and follow-up actions.
• Evaluate emerging technologies/platforms to support external innovation in drug discovery
• Assess the feasibility, scalability, and impact of new technologies/platforms on R&D objectives
• Recommend opportunities based on alignment with organizational goals and potential value creation
• Foster and sustain strategic partnerships with external stakeholders to advance new science and technology in drug discovery
• Nurture relationships with VCs, incubators, start-ups, and technology providers
• Work with our partnerships team and assist in managing collaborations, ensuring alignment with Novo Nordisk's strategic goals
• Act as a liaison to foster trust and mutual understanding between external partners and internal teams
• Translate advancements into actionable business solutions for drug discovery
• Collaborate with cross-functional teams to adapt innovation for practical applications in R&D
• Contribute to developing frameworks to measure the impact and success of potential partnerships/acquisitions
• Support that scientific advancements are effectively communicated and translated into value-driven outcomes
• Collaborate with internal teams and the R&D External Innovation team to align on recommendations for evaluation and external partnership opportunities
• Partner with NPIs, internal stakeholders to ensure external innovation efforts complement existing projects and priorities
• Share knowledge of external insights into internal processes
• Align recommendations with internal teams and the R&D EI team to ensure cohesive decision-making on partnerships
• Identify R&D LoB needs and gaps to help prioritize EI focus areas
• Analyze R&D Line of Business (LoB) requirements to identify unmet needs and gaps
• Collaborate with internal teams, NPIs to define priorities for innovation adoption
• Provide insights to guide strategic planning and resource allocation for addressing identified gaps
• Scout for external opportunities to support pipeline needs
• Conduct systematic scouting for external innovations that align with pipeline requirements
• Evaluate potential opportunities for their ability to address specific organizational challenges
• Maintain a database of promising external opportunities for future consideration
• Build and maintain an external network in scientific expertise area
• Develop and maintain a robust network of experts, innovators, and organizations in scientific expertise area
• Participate in industry events and forums to strengthen Novo Nordisk's presence in the innovation ecosystem
• Leverage the external network to identify collaboration opportunities and gain early access to emerging technologies
• Responsible for collaborating with internal stakeholders across departments to align external innovation initiatives with organizational goals.
• Acts as a liaison with external partners, VCs, and scientific institutions
• Represent Novo Nordisk in early scientific or strategic partner discussions related to assigned opportunities, in coordination with EI&A leadership, NPI/LoB stakeholders and GBD/Search & Evaluation.
• Represents Novo Nordisk in external forums, conferences, and partnership discussions, showcasing the company’s commitment for scientific and business advancements
• Operates both independently and with others to identify and assess emerging opportunities, while ensuring alignment with the broader strategic objectives of Novo Nordisk.
• Collaborates closely with R&D External Innovation to ensure effective evaluation and execution of external opportunities
• While no direct leadership is part of this role, the Associate Director, R&D External Innovation must be a clear role model and educate, create awareness and interests in external innovation

Benefits

• company bonus based on individual and company performance
• long-term incentive compensation
• company vehicles depending on the position's level or other company factors
• medical, dental and vision coverage
• life insurance
• disability insurance
• 401(k) savings plan
• flexible spending accounts
• employee assistance program
• tuition reimbursement program
• voluntary benefits such as group legal, critical illness, identity theft protection, pet insurance and auto/home insurance
• time off pursuant to its sick time policy, flex-able vacation policy, and parental leave policy

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Ph.D. or professional degree