This job has expired

You will need to login before you can apply for a job.

Director, Global Business Development

Employer
AbbVie
Location
Lake County, Illinois
Start date
May 28, 2023

Job Details

Director, Business Development, Global Commercial Development - Oncology

Primary Lake County, Illinois
Secondary
Req ID
           
Category
 Marketing
Division AbbVie

The Director, Business Development, Global Commercial Development will report to the VP, Global Commercial Development Oncology.  This person will play an integral driving role in the sourcing and evaluation of new investment opportunities through the leadership and management of commercial assessments related to the TA strategy and due diligence. This individual will also play an integral driving role in the Therapeutic Area’s business development process internally and externally with other biopharmaceutical companies targeting licensing/acquisition of key therapeutic assets, R&D collaborations, and related enabling collaborations. This role will also have a direct report to help with the external assessments.

The successful candidate will have a strong scientific, commercial, and/or clinical background and be able to understand business principles and market dynamics across various disease areas and indications within the Oncology Solid Tumors and Hematology sectors. Specific activities will include working with the Search & Evaluation and BD&A Transactions teams to support execution of the BD strategy, plan & prepare commercial diligence presentations, guiding product forecasting and P&L generation and work with the Business Insights Team to perform market insights generation and gather secondary analytics. The position provides the opportunity to work with a variety of key stakeholders, including but not limited to: Search and Evaluation, Licensing & Acquisition, Clinical, Discovery, Regulatory, Market Access, Health Economics, US & Global Commercial, Forecasting, Finance, and Market Research partners. Due to the cross-portfolio nature of the role, the candidate will also be involved in the preparation of other strategic initiatives, including advising BD strategy into the Long-Range Planning process and input into Disease Area Strategies.

 

 

Key Responsibilities Include:

  • Work with internal research, development, search and evaluation, commercial and financial analytics experts on the evaluation, due diligence, and initial product development plan for proposed transactions. This includes supporting the overall product evaluation process, including clinical / scientific assessments, evaluation of the commercial opportunity, analysis of the competitive landscape, and financial modeling
  • Serve as commercial lead for internal due diligence process with Clinical, Commercial, Regulatory, Finance, Legal & IP, and Manufacturing, to conduct detailed evaluation process
  • Supervise, mentor, and develop Director in managing oncology external assessments.
  • Lead commercial due diligence of external assets and ensure that tight timelines are being met
  • Attend business meetings with companies at key oncology congresses
  • Partner with the Commercial Disease Area and Clinical teams to generate product profiles for external asset evaluations
  • Work with the Business Insights team to perform any needed market assessments
  • Provide input on clinical development plans for external asset evaluations
  • Guide the forecasting team in external asset sales modeling
  • Partner with Business Development commercial teams in P&L generation, including operating expense assumptions
  • Frame up strategic and financial benefits of deals under evaluation
  • Generate and present clear and concise commercial diligence decks to Senior Leadership
  • Attend scientific and medical conferences to stay abreast of new developments in key therapeutic areas

  • Basic:

  • Bachelor's degree required
  • 13+ years of experience
  • Commercial and/or Development Experience in the Oncology therapeutic area
  • Relevant work experience in management consulting, investment banking / investing / finance, biotechnology or pharmaceutical company is required
  • Preferred: 

  • Advanced degree (MBA, Ph.D. or M.D.)
  • Experience in BD within a biotech, consultancy, or pharmaceutical company
  • Robust understanding of the full drug development process, lifecycle management and commercialization of therapeutics
  • Strong Oncology therapeutic and clinical knowledge
  • Strong analytic and strategic skills
  • Able to build and own a deal model, generate revenue forecasts and P&L models
  • Impeccable integrity, work ethic and commitment
  • Demonstrated ability to work collaboratively and proactively, possess high degree of planning, coordination, project management skills, with demonstrated ability to problem solve
  • Ability to produce crisp and compelling presentations that are executive-ready
  • Organized, detail-oriented personality with the ability to multi-task
  • Team player with strong interpersonal skills who enjoys working in a collaborative firm culture
  • Key Leadership Competencies:

  • Builds strong relationships with peers and cross functionally with partners outside of team to enable higher performance
  • Executive presence: Excellent written and verbal communication skills; Excellent leadership/influencing skills; adept at managing internal stakeholders (e.g., R&D, commercial, etc.) and external communications
  • Learns fast, grasps the 'essence' and can change the course quickly where and when required
  • Demonstrated ability to work collaboratively and proactively, possess high degree of planning, coordination, project management skills, with demonstrated ability to problem solve and resolve conflict 
  • Raises the bar and is never satisfied with the status quo
  • Creates a learning environment, open to suggestions and experimentation for improvement
  • Intellectually curious, embraces the ideas of others, nurtures innovation and manages innovation to reality


  • AbbVie is an equal opportunity employer including disability/vets. It is AbbVie’s policy to employ qualified persons of the greatest ability without discrimination against any employee or applicant for employment because of race, color, religion, national origin, age, sex (including pregnancy), physical or mental disability, medical condition, genetic information, gender identity or expression, sexual orientation, marital status, status as a disabled veteran, recently separated veteran, Armed Forces service medal veteran or active duty wartime or campaign badge veteran or a person’s relationship or association with a protected veteran, including spouses and other family members, or any other protected group status. We will take affirmative action to employ and advance in employment qualified minorities, women, individuals with a disability, disabled veterans, recently separated veterans, Armed Forces service medal veterans or active-duty wartime or campaign badge veterans. The Affirmative Action Plan is available for viewing in the Human Resources office during regular business hours.

     

    Significant Work Activities: Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day)

    Travel: Yes, 15 % of the Time

    Job Type: Experienced

    Schedule: Full-time

     

    AbbVie is an equal opportunity employer including disability/vets. It is AbbVie’s policy to employ qualified persons of the greatest ability without discrimination against any employee or applicant for employment because of race, color, religion, national origin, age, sex (including pregnancy), physical or mental disability, medical condition, genetic information, gender identity or expression, sexual orientation, marital status, status as a disabled veteran, recently separated veteran, Armed Forces service medal veteran or active duty wartime or campaign badge veteran or a person’s relationship or association with a protected veteran, including spouses and other family members, or any other protected group status. We will take affirmative action to employ and advance in employment qualified minorities, women, individuals with a disability, disabled veterans, recently separated veterans, Armed Forces service medal veterans or active-duty wartime or campaign badge veterans. The Affirmative Action Plan is available for viewing in the Human Resources office during regular business hours.


    Company

    AbbVie’s mission is to discover and deliver innovative medicines that solve serious health issues today and address the medical challenges of tomorrow. We strive to have a remarkable impact on people’s lives across several key therapeutic areas: immunology, oncology, neuroscience, eye care, virology, women’s health and gastroenterology, in addition to products and services across its Allergan Aesthetics portfolio. For more information about AbbVie, please visit us at www.abbvie.com. Follow @abbvie on Twitter, Facebook, Instagram, and YouTube.

    Stock Symbol: ABBV

    Stock Exchange: NYSE

    Find Us
    Website
    Phone
    1-800-255-5162
    Location
    1 North Waukegan Road
    North Chicago
    Illinois
    60064
    US

    Get job alerts

    Create a job alert and receive personalized job recommendations straight to your inbox.

    Create alert