Oncology Business Development Director

4 weeks ago


North Chicago, Illinois, United States AbbVie Full time
About the Role

AbbVie is seeking a highly skilled Director of Oncology Business Development to join our team. As a key member of our Business Development & Acquisitions function, you will play a critical role in driving the advancement of our R&D pipeline and commercial business.

Key Responsibilities:

  • Support the achievement of overall business development objectives, strategies, and tactics for growth of AbbVie's pharmaceutical business.
  • Partner with Search & Evaluation and Global Commercial Development team members as well as key Therapeutic Area subject matter experts to efficiently identify and advance opportunities.
  • Work constructively with key stakeholders and cross-functional teams to conduct timely initial technical assessments and full due diligence of prioritized opportunities, with specific responsibility for business and financial diligence.
  • Presents business components of key opportunities to therapeutic area and enterprise governance bodies concisely, demonstrating strong executive presence and mastery of both strategic rationale and detailed findings for individual opportunity, to enable effective decision-making.
  • Leads deal negotiations, including collaboration with Transactions Legal, to secure both internal and partner alignment on all key terms from initial discussions of economics through contract execution.
  • Represents BD&A, as needed, during key internal planning processes (e.g., Business Development Strategy, Long Range Plan) and ad hoc strategic projects as requested by Executive Leadership Team.
  • Participates in external partnering meetings and conferences to build individual network and advance AbbVie's position as a biopharma partner of choice.
  • Monitors global and domestic industry and transaction trends and activities.

Requirements:

  • Bachelor's Degree Required. Degree in Business, Science, or relevant discipline. Advanced degree (PhD, PharmD, MBA) preferred.
  • 7+ years of experience in pharmaceutical/biotech industry required. Licensing and acquisitions deal sheet required with negotiating and closing deals successfully. International or cross-border experience a plus.
  • Strong grasp of the fundamentals of pharmaceutical drug discovery, development, and commercialization.
  • Clear understanding of financial analysis and corporate finance from critical reading of financial statements and annual reports to generation and validation of forecast and valuation models.
  • Strategic and critical thinker, with ability to identify and pressure-test key sensitivities in business cases and diligence team findings.
  • Practical drive for results, with ability to identify and achieve the right level of granularity to balance speed of execution and facilitate optimal decision-making by executive management.
  • Excellent communication and interpersonal skills, including experience leading cross-functional teams and successfully interacting with executive-level management.

About 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. We strive to have a remarkable impact on people's lives across several key therapeutic areas immunology, oncology, neuroscience, and eye care and products and services in our Allergan Aesthetics portfolio.



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