Associate Director Search Evaluation
Associate Director Search Evaluation
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1 Vacancy
Job Description
The Search and Evaluation group actively supports the global Business Development (BD) goals by executing on strategic opportunities from academic institutions biotech/ pharma companies and venture firms for potential research collaborations inlicensing/ outlicensing assets venture investments and company acquisitions. The group is responsible for leading the global search efforts for assets of high strategic value aligning with the needs of AbbVie R&D organizations pipeline goals and conducting thorough technical due diligence to ensure an indepth understanding of the science behind each of the those opportunities.
The Associate Director Search & Evaluation will support these efforts through development of required analytics coordinate due diligence efforts and assemble inputs from internal / external stakeholders as well as keep communication channels open with crossfunctional teams across AbbVie.
Responsibilities
- Search and Evaluation:
Proactively search identify and evaluate potential opportunities across one or more therapeutic areas that include research collaboration inlicensing and outlicensing preclinical and clinical assets platform technologies and research tools that are consistent with external business development strategies for the advancement of AbbVies pipeline and driving sustainable growth for the Company. - Due Diligence:
Create optimize and coordinate due diligence process for both inlicensing/ outlicensing projects across one or multiple therapeutic and scientific areas.
Responsible for tracking progress of diligence activities and assist in creating high quality clear and concise due diligence reports and presentations with recommendations to AbbVies Senior Management team. - Communication:
Build and leverage a network of key stakeholders across R&D; Work constructively to ensure effective communication efficient decisionmaking and completion of transactions in a timely manner. - Facilitate effective and timely communication requiring minimal guidance of area director with internal and external partners including ensuring appropriate access to due diligence documentation / data rooms.
- Ensures consistency of due diligence communication materials (e.g. reports initial technical assessment documents) across projects with emphasis on process continuity where appropriate.
- Operations Management:
Responsible for monitoring and tracking licensing projects against approved timelines and milestones and ensures that team adheres to agreedupon team objectives and deliverables. - Fully leverages new and existing external and internal IT tools (e.g. Inova) to support the operations of the growing S&E group as it relates to tracking incoming opportunities.
Qualifications :
- Doctorate degree in a related scientific field required (e.g. PhD PharmD MD).
- 2 years of drug development or Business Development work experience in the pharmaceutical or biotechnology industries required
- Strong Project management/ leadership skills to lead/manage multifunctional teams to evaluate target opportunities and produce high quality analyses. Ability to drive projects to deliver timely results and follow through on commitments.
- Must possess basic knowledge of generally accepted Business Development practices e.g. financial contracting governance review.
- Must possess a solid foundation in drug discovery processes with in depth knowledge of at least one aspect of Drug Development (e.g. preclinical research clinical development Regulatory Affairs Chemistry Manufacturing and Controls (CMC)).
- Experience with conducting due diligence exercises within a scientific environment preferred.
- Highly motivated professional with strong organizational and communication skills excellent work ethic and the ability to work independently as well as collaboratively in a team environment.
Key Stakeholders
Internal: S&E BD&A AbbVie Ventures TLC R&D personnel Legal
External: Partnering companies BD from other pharma Biotechs Academic institutions.
Additional Information :
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 shortterm incentive programs.
This job is eligible to participate in our longterm 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 Companys sole and absolute discretion unless and until paid and may be modified at the Companys sole and absolute discretion consistent with applicable law.
AbbVie is an equal opportunity employer and is committed to operating with integrity driving innovation transforming lives serving our community and embracing diversity and inclusion. It is AbbVies policy to employ qualified persons of the greatest ability without discrimination against any employee or applicant for employment because of race color religion national origin age sex (including pregnancy) physical or mental disability medical condition genetic information gender identity or expression sexual orientation marital status status as a protected veteran or any other legally protected group status.
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Remote Work :
No
Employment Type :
Fulltime
Employment Type
Full-time
