Associate Director Search Evaluation

The Search and Evaluation (S&E) group is part of the Corporate Strategy Office and actively supports global Business Development (BD) goals by sourcing and assessing external partnering opportunities that are aligned with AbbVies R&D and BD Strategies.  The S&E team interacts with biotech and biopharma companies academic institutions venture firms and other stakeholders from the life sciences industry ecosystem for exploration of potential opportunities to collaborate inlicense outlicense invest into or acquire assets. The group is responsible for leading the global search efforts for assets of high strategic value across the entire spectrum from earlystage Discovery alliances to the evaluation of programs that are in latestage development or marketed. S&E is responsible for conducting all scientific/technical due diligence to ensure an indepth understanding of the science behind each of these opportunities.  

The Associate Director Search & Evaluation will be a key member of the Specialty and Discovery Platforms S&E team responsible for coordinating due diligence and presenting assessments of individual partnering opportunities to therapeutic area leadership and senior governance committees as well as contributing to Specialty and Discovery Platforms TA and BD strategy initiatives.  AbbVies Specialty TA focuses on a diverse set of diseases with high unmet medical need in GI disorders Endocrinology and other areas of potential expansion for the business. This is a very attractive opportunity for an experienced biotech or pharmaceutical industry professional who enjoys a highenergy entrepreneurial environment and is looking to transition to S&E/BD from other roles.  This is a high visibility role that offers a chance to make significant contributions towards AbbVies BD goals and to reinforce AbbVies role as a worldleading pharmaceutical drug developer.
 

Key Responsibilities Include:

• Proactively search for identify and evaluate potential opportunities (research collaboration inlicensing preclinical and clinical assets platform technologies and research tools) that are consistent with external BD strategies for the advancement of AbbVies Specialty TA pipeline and Discovery Platforms strategy and driving sustainable growth for the Company.  Review external opportunities for scientific merit and feasibility.
• Lead the assessment of opportunities (in conjunction with the R&D Therapeutic Area Steering Committee functional area subject matter experts Business Development and Acquisitions (BD&A) function and commercial organization) including: (1) managing the interactions with external parties; (2) overseeing the evaluation process and timeline; (3) developing timely recommendations and proposals for senior management and; (4) supporting the commercial organization in commercial assessments of opportunities.
• Lead the due diligence efforts (in conjunction with the TA Leadership and Functional area SMEs) for advanced opportunities prepare initial technical documents and present those to the senior management.
• In partnership with the transaction teams (Technology Licensing and Collaborations/BD&A/ AbbVie Ventures) develop appropriate deal structures risk mitigation and negotiating strategies and ensure alignment with AbbVies TA objectives and functional management.
• Communicate status of ongoing deals to key internal stakeholders on a timely basis including preparation of opportunity assessments and summaries for executivelevel audiences.  Deliver oral and written presentations to senior management to seek approval for new opportunities.
• Build the AbbVie brand via participation and presenting AbbVies Vision & Mission at key scientific and industry forums. Network with external parties to ensure awareness of AbbVie key capabilities and BD objectives.
• Facilitate and maintain opportunity identification and assessment processes to move projects forward in the most efficient and effective manner and provide recommendations for declining/deprioritizing ideas early and effectively.
• Facilitate creation of institutional memory for opportunities by providing clear concise assessments and recommendations for future reference. Fully leverage new and existing external and internal opportunity management tools to support the operations of the growing S&E group as it relates to tracking incoming opportunities.
• Contribute to efforts creating evergreen external BD strategies aligned to AbbVies Specialty TA strategy and Discovery Platform strategy and portfolio goals in closed coordination with the head of Specialty & Discovery Platforms S&E.
• Contribute to efforts on business process improvement initiatives through R&D organization and BD teams in line with the current industry standards in close coordination with a Specialty S&E leader.

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
• Background in metabolic disease preferred
• 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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