Associate Director, Business Development & Acquisitions

BioSpace; North Chicago (IL); On-site; USD 150,000 - 210,000; Full time

Benefits offered by this job

401(k) plan

Paid time off

Medical/dental/vision insurance

Job summary

AbbVie in North Chicago, IL seeks Associate Director of Program Management & Business Development to lead strategic projects enabling launches through new business opportunities. This role oversees due diligence, cross-functional teams, and integration efforts aligned with corporate strategy.

Responsibilities include evaluating opportunities, liaising with external parties, negotiating terms, and delivering executive-ready presentations.

Qualifications

• Broad operations, program management and/or business development experience in pharma.
• Ability to evaluate opportunities and lead due diligence with senior stakeholders.
• Strong presentation and influencing skills for executive audiences.

Responsibilities

• Maintain best-in-class program management and business development evaluation processes.
• Ensure programs meet timelines, budgets, and regulatory requirements.
• Lead cross-functional teams to conduct due diligence on new opportunities.
• Manage interactions with external parties for partnerships and acquisitions.
• Contribute to negotiation of program-related agreements and terms.
• Prepare opportunity assessments and executive-level summaries.
• Deliver presentations to senior management seeking approval for new programs.

Skills

Cross-functional leadership

Project management

Negotiation

Financial acumen

Analytical skills

Communication

Influencing senior leadership

Education

Engineering, Chemistry, Pharmaceutical Sciences, or Business

MBA preferred

Job description

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 including immunology, oncology and neuroscience - and products and services in our Allergan Aesthetics portfolio. For more information about AbbVie, please visit us atwww.abbvie.com. Follow @abbvie onLinkedIn,Facebook,Instagram,XandYouTube.

Company Description

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 including immunology, oncology and neuroscience - and products and services in our Allergan Aesthetics portfolio. For more information about AbbVie, please visit us atwww.abbvie.com. Follow @abbvie onLinkedIn,Facebook,Instagram,XandYouTube.

Job Description

Purpose

The Associate Director of Program Management & Business Development will lead selected strategic projects and programs to enable the launch of new products mainly through new business opportunities. This position plays a leading role in evaluating and executing program-related business development opportunities through operational and technical due diligence, managing cross-functional teams, and supporting integration of new business opportunities aligned with organizational strategy.

Responsibilities

• Maintain best-in-class program management and business development evaluation processes to move projects forward in the most efficient and effective manner, providing recommendations for prioritization and resource allocation.
• Ensure stakeholders execute programs to meet required timelines, budgets, and regulatory requirements.
• Liaise with other functions to ensure programs are maintained on track. Escalate Resolve conflicts and issues among programs and stakeholders.
• Lead cross-functional teams comprising functional leaders to conduct thorough assessment and due diligence activities for new program-related business opportunities, including overseeing the evaluation process and timeline, and developing timely recommendations and proposals for senior management consideration based on complete technical and commercial assessments.
• Manage interactions with external parties in the context of program-related business development, due diligence, and partnership evaluation.
• Contributes to the negotiation process for program-related partnerships, agreements, and acquisitions, including agreement on key terms and execution of legal agreements.
• Communicate status of evaluations and negotiations with key internal stakeholders on a timely basis, including preparation of opportunity assessments and summaries for executive-level audiences.
• Deliver oral and written presentations to senior management to seek approval for new programs and business opportunities.

Qualifications

• 10+ years in the pharmaceutical industry, including broad operations, program management, and/or business development experience.
• Technical education background: Engineering, Chemistry, Pharmaceutical Sciences, or Business preferred. Master of Business Administration preferred.
• Experience in pharmaceutical development (API, drug product, biologics, and/or devices) and/or business development, including managing the assessment of opportunities.
• Effective in presenting to and influencing senior leadership.
• Able to challenge project teams to deliver desired/required outcomes.
• Able to lead and influence cross-functional teams in a matrix setting.
• Project management/leadership skills to lead/manage multifunctional teams to evaluate target opportunities and produce high-quality analyses, delivering timely results.
• Strong communication skills to effectively communicate business strategies and capabilities internally and externally, present individual and team recommendations clearly and concisely, and promote cross-functional communication.
• Demonstrated negotiation and influencing skills in a program and deal setting to creatively solve problems and establish mutually beneficial relationships.
• Strong financial acumen and analytical skills to understand financial evaluations, drive fact-based decision making, and support assessment and due diligence activities.
• Strong understanding of the drug development, regulatory, and commercialization process for evaluation of pharmaceutical opportunities.

Additional Information

Key Stakeholders

Operations, Business Development, Legal, Search & Evaluation, R&D, Commercial, Cross-functional program teams.

Applicable only to applicants applying to a position in any location with pay disclosure requirements under state orlocal law:

• The compensation range described below is the range of possible base pay compensation that the Companybelieves ingood faith it will pay for this role at the timeof this posting based on the job grade for this position.Individualcompensation paid within this range will depend on many factors including geographic location, andwemayultimatelypaymore or less than the posted range. This range may bemodifiedin thefuture.
• We offer a comprehensive package of benefits including paid time off (vacation, holidays, sick),medical/dental/visioninsurance and 401(k) to eligibleemployees.
• This job is eligible toparticipatein our long-term incentiveprograms.

Note: No amount of payis considered to bewages or compensation until such amount is earned, vested, anddeterminable.The amount and availability of any bonus,commission, incentive, benefits, or any other form ofcompensation and benefitsthat are allocable to a particular employeeremainsin the Company's sole andabsolutediscretion unless and until paid andmay bemodifiedat the Companys sole and absolute discretion, consistent withapplicable law.

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.

US & Puerto Rico only - to learn more, visithttps://www.abbvie.com/join-us/equal-employment-opportunity-employer.html

US & Puerto Rico applicants seeking a reasonable accommodation, click here to learn more: https://www.abbvie.com/join-us/reasonable-accommodations.html