Commercial Counsel, Structural Heart

Abbott (abbottcareers2 board); Santa Clara (CA); On-site; USD 150,000 - 230,000; Full time

Job summary

Abbott in Santa Clara, CA is seeking an experienced commercial attorney to provide day-to-day legal guidance for the Structural Heart Division. You will draft, negotiate, and review a wide range of commercial agreements and support global operations in manufacturing and sales of medical devices.

The role requires advising internal clients on legal strategy, compliance with healthcare regulations, and collaboration with cross-functional teams to drive business results.

Qualifications

• Experience drafting and negotiating commercial agreements.
• Understanding of healthcare regulations and advertising laws.
• Ability to advise on complex legal issues affecting a global business.

Responsibilities

• Draft, negotiate and review broad commercial agreements (procurement, sales, licensing, marketing, collaborations).
• Review marketing programs for compliance with FTC and Abbott policies.
• Advise internal clients on legal matters affecting commercial operations in healthcare.

Skills

Contract negotiation

Commercial law

Regulatory compliance

Drafting

Job description

About Abbott

Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Our 115,000 colleagues serve people in more than 160 countries.

Abbott is a global healthcare leader, creating breakthrough science to improve people's health. We're always looking towards the future, anticipating changes in medical science and technology.

Working at Abbott

At Abbott, you can do work that matters, grow, and learn, care for yourself and family, be your true self and live a full life. You'll also have access to:

• Career development with an international company where you can grow the career you dream of .
• Free medical coverage for employees* via the Health Investment Plan (HIP) PPO
• An excellent retirement savings plan with high employer contribution
• Tuition reimbursement, the Freedom 2 Save student debt program and FreeU education benefit - an affordable and convenient path to getting a bachelor's degree.
• A company recognized as a great place to work in dozens of countries around the world and named one of the most admired companies in the world by Fortune.
• A company that is recognized as one of the best big companies to work for as well as a best place to work for diversity, working mothers, female executives, and scientists.

The Opportunity

This position works out of our Santa Clara, CA location in the Structural Heart Division.

Abbott is currently seeking an experienced commercial attorney to provide legal advice to Abbott's Structural Heart Division. The attorney will be expected to identify and resolve complex legal issues to support the operations of a global leader in the research, development, manufacturing, sales and marketing of medical device products. The attorney will be responsible for acting as the day-to-day legal advisor for Abbott's Structural Heart team, and for the drafting and negotiation of various commercial agreements.

What You'll Work On

• Drafting, negotiating and reviewing a wide range of agreements, including complex matters relating to procurement, sales, licensing, marketing, co-promotion and research collaborations;
• Reviewing marketing programs and promotional materials to ensure compliance with FTC truth-in-advertising principles, Abbott policies and applicable law;
• Advising and ensuring that internal clients receive sound, practical and timely legal advice on a wide variety of legal matters related to operation of a commercial business that markets to health care professionals;
• Resolving legal issues using negotiation skills and legal expertise, including pre-litigation dispute resolution and settlements;
• Assisting in the creation of new template agreements, playbooks and training to support efficient contracting processes for various business functions;
• Developing knowledge of Abbott's businesses, products and client areas supported;
• Maintaining familiarity with laws that affect client areas to issue spot and provide basic counseling, including those relevant to sales and marketing of products to health care professionals and reimbursement by government programs, for example, fraud and abuse (Anti-Kickback Statute, False Claims Act), FDA regulation (Food, Drug & Cosmetic Act), privacy (HIPAA), and anti-corruption (Foreign Corrupt Practices Act);
• Representing Abbott externally to suppliers and customers; and Helping select and/or directing the work of outside counsel, defining project objectives, managing project, and monitoring outside counsel budget.

Critical Success Factors

• Good Judgment: Demonstrate expertise and sound judgment, understand how assigned responsibilities support Abbott's business objectives, and be able to provide practical, risk-balanced advice based upon a thorough understanding of the scope of an issue, taking full advantage of internal networks and external intelligence.
• Collaboration: Firm understanding of available legal, functional, and business resources and ability to integrate information from a number of sources to achieve business results, including breaking down boundaries to create alignment as necessary, in a complex, global, matrixed environment.
• Anticipation: Holistic, big picture thinker, who anticipates changes in law, enforcement, and/or business objectives and adapts approach as necessary to manage risks effectively and mitigate issues before they arise.
• Influencing Skills: Build strong relationships with business partners to tactfully influence and gain their support to drive desired outcomes. Represent Abbott externally to customers, supplier