Director Business Development, EPD, Emerging Markets

Abbott

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profile Job Location:

Shanghai - China

profile Monthly Salary: Not Disclosed
Posted on: 7 hours ago
Vacancies: 1 Vacancy

Job Summary

JOB DESCRIPTION:

To establish EPD as a key player in the China pharmaceutical market.

Proactively research identify and evaluate potential company product and technology targets that are consistent with Abbotts strategies and drive sustainable growth for the Company.

Lead the assessment and due diligence activities including:

1) managing the interactions with external parties

2) overseeing the evaluation process and timeline and

3) developing timely recommendations and proposals for senior management consideration based on thorough and complete technical and commercial assessments.

Develop effective deal structures risk mitigation and negotiating strategies to ensure alignment with Company objectives.

Leading negotiating and closing of a variety of transactions from straight forward intellectual property rights agreements to complex acquisitions.

Effectively manage external stakeholders (e.g. CEOs) and internal stakeholders (e.g. Senior Management and C-suite) including preparing opportunity assessments for executive-level audiences.

Effectively lead support teams (e.g. marketing R&D clinical regulatory operations) through due diligence process on opportunities.

Deliver oral and written presentations to senior management to seek approval for new opportunities.

Lead assessments of key markets companies and technologies. Individual will be regarded as a subject matter expert for the various business segments supported.

Minimum Education

Graduate degree in Science Economics Engineering or Business/MBA Minimum Experience/Training Required

Bachelors Degree Required.

Prefer Finance / Accounting or Technical (e.g. Pharmaceutical) with a Master of Business Administration.

5 years of M&A experience including time spent working on acquisitions managing the assessment of opportunities negotiating and closing deals successfully.

10 years in Pharma.

  • Strong understanding of the product development regulatory and commercialization process for evaluation of target companies and products.

  • Leadership skills to drive projects to deliver timely results and follow through on commitments.

  • 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

  • Ability to integrate complex multifunctional efforts across multiple functions and business areas.

  • Ability to develop strong working relationships and develop people. Strong networking skills to reach out to a broad range of industry decision makers to keep abreast of emerging opportunities.

  • Demonstrated negotiation and influencing skills in a deal setting to creatively solve problems with partner companies and close deals.

  • Strong financial acumen and analytical skills to understand financial evaluations.

  • Skills and Competencies Required:

  • Candidate must have Chinese language fluency especially in mainland Mandarin

  • Business Development experience in Pharma companies is a must with strong knowledge about Pharma landscape in China

    Must have experience of dealing with investment bankers and CXO level.

  • Majority of the role will focus on China market

  • Experience in Business Roles (Sales Marketing and/or Commercial Operations)

  • Strong management project management and business development skills

  • Excellent presentation and communication skills

  • Highly developed negotiations skills.

  • Strong strategic thinking skills

  • Ability to manage multiple projects as competing priorities

  • Ability to manage multiple stakeholders to get things done

  • Excellent team leadership interpersonal and influencing skills

  • Keen knowledge of the organization and key markets in Asia

  • Ability to act decisively to overcome difficulties as well as sophisticated problem-solving skills to synthesize data

  • Strong stakeholder management skills internal and external (direct and indirect)

  • Ability to handle pressure in a dynamic environment

  • Ability to handle complex and diverse business situations.


The base pay for this position is

N/A

In specific locations the pay range may vary from the range posted.

JOB FAMILY:

Sales Force

DIVISION:

EPD Established Pharma

LOCATION:

China > Shanghai : 388 W. Nanjing Road Ciros Plaza

ADDITIONAL LOCATIONS:

WORK SHIFT:

Standard

TRAVEL:

Yes 25 % of the Time

MEDICAL SURVEILLANCE:

Not Applicable

SIGNIFICANT WORK ACTIVITIES:

Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day)


Required Experience:

Director

JOB DESCRIPTION:To establish EPD as a key player in the China pharmaceutical market.Proactively research identify and evaluate potential company product and technology targets that are consistent with Abbotts strategies and drive sustainable growth for the Company. Lead the assessment and due dili...
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Key Skills

  • Business Development
  • Sales Experience
  • Direct Sales
  • B2B Sales
  • Marketing
  • Sales Pipeline
  • Salesforce
  • Strategic Planning
  • Enterprise Sales
  • negotiation
  • Lead Generation
  • Contracts

About Company

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WHO WE ARE CREATING LIFE-CHANGING TECHNOLOGY From removing the regular pain of fingersticks as people manage their diabetes to connecting patients to doctors with real-time information monitoring their hearts, from easing chronic pain and movement disorders to testing half the world’s ... View more

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