Director, Business Development & Acquisitions - Oncology

ABBVIE; North Chicago (IL); On-site; USD 182,000 - 346,000; Full time

Job summary

AbbVie in North Chicago, IL seeks a Director of Business Development & Acquisitions in Oncology to lead analytical assessments, due diligence, and negotiations for strategic transactions. You will partner with Search & Evaluation, Global Commercial Development, and therapeutic-area experts to advance opportunities and present findings to senior leadership for informed decisions.

Responsibilities include driving business rationale, managing cross-functional diligence, and guiding term sheets

Qualifications

• Strong analytical skills for assessments and diligence
• Excellent presentation and executive communication
• Experience negotiating complex deal terms

Responsibilities

• Supports achievement of BD&A objectives and strategies for oncology growth.
• Collaborates with Search & Evaluation, Global Commercial Development and subject-matter experts to identify opportunities.
• Conducts timely initial technical assessments and full due diligence of prioritized opportunities focusing on business and financial diligence.
• Presents business components of opportunities to governance bodies with clear rationale and findings.
• Leads deal negotiations in collaboration with Transactions Legal to secure alignment on key terms.

Job description

Director, Business Development & Acquisitions - Oncology

• Full-time
• Salary Min: 182000
• Salary Max: 346000
• Workday Global Grade: 22
• Compensation: USD 182,000 - USD 346,000 - yearly

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 at www.abbvie.com . Follow @abbvie on LinkedIn, Facebook , Instagram , X and YouTube.

The Business Development & Acquisitions function drives the advancement of AbbVie’s R&D pipeline and commercial business by assessing and executing key strategic transactions. Example transaction types include in-licensing, out-licensing, co-development / co-promotion, collaboration, and option deals, as well as divestiture / carve-outs and mergers & acquisitions. The Oncology Director of Business Development & Acquisitions, supports those efforts through development of analytical assessments to determine opportunity viability, communication of findings to senior management and participation in terms and contract negotiations for the Oncology Therapeutic Area.

Responsibilities:

• Supports the achievement of overall business development objectives, strategies and tactics for growth of AbbVie’s pharmaceutical business.
• Partners with Search & Evaluation and Global Commercial Development team members as well as key Therapeutic Area subject matter experts to efficiently identify and advance opportunities.
• Works 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.
• Director leveling commensurate with experience.
• This role will require domestic and international travel - estimated ~20%.
• This role requires at minimum three (3) days onsite in our North Chicago, IL offices.

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 Company believes in good 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 Company’s 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.