AbbVie

Associate Director, Business Development & Acquisitions

AbbVie • $150K — $180K *
North Chicago, IL 60064In-Person
Pharmaceuticals & Biotech
8 - 10 years of experience
Today
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Job Overview by Ladders

Qualifications

  • 10+ years in the pharmaceutical industry with operations, program management, or business development experience.
  • Preferred background in Engineering, Chemistry, Pharmaceutical Sciences, or Business, with an MBA being advantageous.
  • Experience in pharmaceutical development and business development assessments.
  • Proven ability to influence and present effectively to senior leadership.
  • Skilled in leading cross-functional teams in matrix environments.
  • Demonstrated project management skills to guide multifunctional teams.
  • Excellent verbal and written communication skills for business strategies and team recommendations.
  • Strong negotiation and problem-solving skills in program and deal contexts.
  • Solid financial acumen for evaluating business opportunities and making data-driven decisions.

Responsibilities

  • Maintain efficient program management processes for project prioritization and resource allocation.
  • Ensure timely execution of programs within budget and regulatory standards.
  • Coordinate with functions to keep programs on track and resolve conflicts.
  • Lead cross-functional teams in assessing new business opportunities, ensuring comprehensive evaluations are completed.
  • Manage external interactions for business development and partnership assessments.
  • Contribute to negotiations for partnerships and agreements related to programs.
  • Regularly communicate project and negotiation status to internal stakeholders, including senior management.
  • Prepare and deliver presentations to seek management approval for new programs.

Benefits

  • Paid time off including vacation, holidays, and sick leave.
  • Medical, dental, and vision insurance.
  • 401(k) retirement plan for eligible employees.
  • Participation in long-term incentive programs.
Full Job Description
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 or local 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 time of this posting based on the job grade for this position. Individual compensation paid within this range will depend on many factors including geographic location, and we may ultimately pay more or less than the posted range. This range may be modified in the future.
  • We offer a comprehensive package of benefits including paid time off (vacation, holidays, sick), medical/dental/vision insurance and 401(k) to eligible employees.
  • This job is eligible to participate in our long-term incentive programs.

Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, incentive, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's sole and absolute discretion unless and until paid and may be modified at the Company's sole and absolute discretion, consistent with applicable law.

About AbbVie

AbbVie develops pharmaceuticals and medical devices. They provide products and services to therapeutic areas including immunology, oncology, neuroscience, eye care, virology, women's health, and gastroenterology.

AbbVie Careers

Joining AbbVie means becoming part of a global team dedicated to making a remarkable impact on patients' lives. At AbbVie, our employees are united in the pursuit of groundbreaking innovation and are committed to transforming the future of healthcare with leading-edge science.

Work You’ll Do

At AbbVie, you’ll collaborate with some of the brightest minds in the industry to solve challenging problems that have a high impact on society. Our culture fosters growth and embraces leadership and diversity training, ensuring that every team member can thrive.

Explore Job Opportunities

AbbVie offers a wide range of job opportunities and career paths, providing a platform where professionals can propel their careers forward. From research and development to marketing and sales, the potential to make a significant impact is limitless.

Internship Programs

Kickstart your career with an AbbVie internship. Our programs provide invaluable industry experience and a chance to develop essential skills in a real-world setting. Interns at AbbVie are considered integral members of the team and are given tasks that are both challenging and rewarding.

Professional Growth and Development

We believe in nurturing our team's professional growth through comprehensive training programs, leadership development opportunities, and continuous learning. Our commitment to your career growth is reflected in our robust offerings that enhance your skills and knowledge.

Benefits and Culture

AbbVie is dedicated to supporting our employees' well-being both inside and outside of work. Our benefits package includes health, financial, and social benefits that are designed to support the diverse needs of our employees. Our inclusive culture encourages collaboration and innovation, fostering a workplace where all can excel.

Hiring Process

Our hiring process is designed to ensure a match that will be beneficial both for the company and for your career aspirations. From resume submission to interview, each step is an opportunity to showcase your skills and fit with the AbbVie team.

Networking and Career Advancement

At AbbVie, networking doesn’t just enhance your career; it propels it. We encourage our employees to engage internally and externally to build relationships that foster personal and professional growth.

Join Our Team

Search open positions that match your skills and interests. We are looking for passionate, curious, and innovative team players who are ready to make a difference.

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Explore AbbVie Jobs

Whether you’re seeking to advance your career in a dynamic and empowering environment, or looking for a place where you can innovate, lead, and contribute to something bigger, AbbVie is the place for you. Join us in our mission to discover and deliver innovative medicines that solve serious health issues today and address the medical challenges of tomorrow.
Learn more about AbbVie
Size
50,000 employees
Market Cap
$288.5 billion
Industry
Pharmaceuticals & Biotech
Net Income
$4.6 billion
Founded
2013
5 Year Trend
+17%
Revenue
$45.8 billion
NASDAQ
ABBV
* Ladders Estimates

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