Senior Director, Search & Evaluation - Oncology
Senior Director, Search & Evaluation - Oncology
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Job Description
The Search and Evaluation (S&E) group is part of the Corporate Business & 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 in-license out-license 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 early-stage Discovery alliances to the evaluation of programs that are in late-stage development or marketed. S&E is responsible for conducting all scientific/technical due diligence to ensure an in-depth understanding of the science behind each of these opportunities.
Oncology represents one of AbbVies strategic therapeutic area pillars and is a major revenue driver for the company. The Senior Director Search & Evaluation will lead the Oncology S&E team that is responsible for coordinating due diligence and presenting assessments of individual partnering opportunities as well as related Oncology and BD strategy initiatives to therapeutic area leadership and senior governance committees. This is a very attractive opportunity for an experienced biotech or pharmaceutical industry professional who enjoys a high-energy entrepreneurial environment and a highly visible role that offers a chance to make significant contributions towards AbbVies BD goals and to further strengthen AbbVies role as a leading pharmaceutical drug developer of innovative medicines for both solid tumors and hematologic malignancies.
Key Responsibilities:
- As the leader of the Oncology S&E team the successful candidate will be responsible for managing direct reports across multiple sites for fostering talent and for driving the overall strategies and tactics for identifying assessing and partnering assets for continued growth of AbbVies Oncology business.
- While directly reporting to the Vice President Search & Evaluation and Global Alliances the Senior Director Search & Evaluation Oncology will have strong working relationships with the Oncology therapeutic area leadership team in particular the Vice Presidents of Oncology Discovery Clinical Development and Commercial as well as Transactions Legal Business Development & Acquisitions and AbbVie Ventures.
- To effectively contribute to these activities they will need to possess a deep scientific knowledge in the field of Oncology. Since the individual will independently lead scientific/technical assessments as well as lead and mentor direct reports they will also require experience in effectively managing team members subject matter experts and key stakeholders experience in effectively and self-sufficiently prioritizing multiple opportunities and coordinating the workflow of a team.
- This person will also work to ensure internal and external communication of the external Oncology sourcing strategy and will be expected to represent AbbVie as a spokesperson in external partnering and scientific conferences. They will build and leverage a network of connections in the biopharma innovation ecosystem to raise awareness for AbbVies partnering objectives and capabilities.
- The Senior Director Search & Evaluation will work with key stakeholders and cross-functional teams to drive and ensure effective communication efficient decision-making and completion of transactions in a timely manner. They will be responsible for integrating input from various functional areas across the organization to create high quality clear and decision-enabling scientific assessments due diligence reports and presentations with recommendations to TA leadership senior governance committees and AbbVies Executive Management team.
Qualifications :
Basic:
- PhD MD MD/PhD in a Life Sciences Field preferably Oncology or Oncology-related. Preferably academic degrees were obtained based on work carried out in areas related to Oncology. Advanced business degree or relevant related professional experience (e.g. strategic management consulting) is a plus.
- 8 years of relevant industry experience required of which a minimum of 4 years is in S&E BD venture capital technology transfer or other partnering-focused professional experience.
- Prior people management experience.
- Practical relevant experience in the pharmaceutical or biotech industry in at least one major area of drug development such as Discovery Preclinical Development Clinical Development Process Development CMC or Regulatory Affairs. Must possess solid foundation of generally accepted BD practices including term sheet and deal structures customary in the industry valuation methods forecasting negotiation and project management for BD.
- Demonstrated project management/leadership skills to lead/manage cross-functional teams in evaluating target opportunities partnering opportunities and producing high quality assessments of scientific and therapeutic hypotheses as well as preclinical and clinical data.
- Ability to drive projects to deliver timely results and follow through on internal and external commitments.
- Strong communication skills to effectively convey business strategies and capabilities internally and externally present individual and team recommendations clearly and concisely and foster cross-functional consensus-building.
- Proven people leadership and interpersonal skills
- Demonstrated negotiation and influencing skills with diverse groups of stakeholders in deal settings to creatively solve problems with internal and external stakeholders
- Strong existing network and networking skills to reach out to a broad range of industry decision makers to keep abreast of emerging opportunities.
- Strong business acumen and ability to drive well-informed fact-based decision making.
Key AbbVie Competencies:
- Builds strong relationships with peers cross-functionally and with partners outside of the team to enable higher performance.
- Learns fast grasps the essence and can change the course quickly where indicated.
- Raises the bar and is never satisfied with the status quo.
- Creates a learning environment open to suggestions and experimentation for improvement.
- Embraces the ideas of others nurtures innovation and manages innovation to reality.
The preferred base location can be in the San Francisco Bay Area (AbbVie Oncology R&D hub) in Chicago (AbbVie corporate HQ) or Cambridge MA (AbbVie Discovery R&D and External Innovation Center). The role is a hybrid opportunity not intended to be home-based/remote outside of situations that require temporary adjustments in this regard.
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. Salary: $200500 - $382000
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 short-term incentive programs.
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 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 and serving our community. Equal Opportunity Employer/Veterans/Disabled.
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No
Employment Type :
Full-time
Employment Type
Full-time
