Managing Director, Business Development, Pharmaceutical Diagnostics (PDx)

Chicago, IL - USA

Yearly Salary: $ 252000 - 378000

Posted on: 23 hours ago

Vacancies: 1 Vacancy

Job Summary

Job Description Summary

The Managing Director Business Development Pharmaceutical Diagnostics (PDx) will be responsible for driving the PDx segments strategy to grow in core and adjacent market segments by managing a pipeline of inorganic growth initiatives including strategic alliances partnerships licensing external funding mergers and acquisitions and minority investments.

Job Description

Responsibilities:

Manage all aspects of inorganic strategy deployment for assigned business units including market evaluation target identification screening due diligence structuring negotiation and closing
Lead cross-functional teams including marketing engineering finance legal supply chain service and HR in support of the evaluation and execution planning for M&A. Effectively manage communication and alignment with key internal stakeholders for assigned business units
Effectively lead team of direct reports in delivering on business development goals of assigned business units providing coaching and development to build talent pipeline of function
Steward an effective decision making and approval process alongside GEs corporate business development team in evaluation and execution of M&A transactions for assigned business units
Facilitate smooth transition of knowledge integration responsibilities and operating goals and objectives to business and functional leaders responsible for post-closing management
Communicate recommended inorganic strategies and business plans to executive leadership teams
Monitor integration status of transactions that have closed within the prior two years
Build and maintain effective network of stakeholders within markets of interest to assigned business units; utilize network to build strong understanding of market fundamentals trends and valuation
Promote utilization and continuous improvement of standardized business development practices tools and document retention policies

Experience:

BA or BS degree
Minimum 10 years of experience and with a minimum of 5 years of relevant business development experience in a corporate investment banking or consulting environment
Healthcare/medical device/medtech industry experience
Strong communication and interpersonal skills
Demonstrated experience in sourcing negotiating and closing multiple material M&A transactions
Demonstrated aptitude for both managing and prioritizing multiple projects and initiatives
Team leadership project management and facilitation skills in a matrixed organization and interacting with senior executives both internally and externally
Strong problem-solving skills
Clear thinking: Proven experience simplifying strategy into specific actions with clear accountability making decisions with speed and accuracy despite ambiguity based on best available information and communicating priorities clearly and concisely

Preferred characteristics:

MBA qualification
Biopharmaceutical specialty pharmaceutical and/or imaging agents industry experience
Experience in the domain of establishing or managing partnership programs

For U.S. based positions only the pay range for this position is $252000.00-$378000.00 Annual. It is not typical for an individual to be hired at or near the top of the pay range and compensation decisions are dependent on the facts and circumstances of each case. The specific compensation offered to a candidate may be influenced by a variety of factors including skills qualifications experience and addition this position may also be eligible to earn performance based incentive compensation which may include cash bonus(es) and/or long term incentives (LTI). GE HealthCare offers a competitive benefits package including not but limited to medical dental vision paid time off a 401(k) plan with employee and company contribution opportunities life disability and accident insurance and tuition reimbursement.

GE HealthCare offers a great work environment professional development challenging careers and competitive compensation. GE HealthCare is anEqual Opportunity Employer . Employment decisions are made without regard to race color religion national or ethnic origin sex sexual orientation gender identity or expression age disability protected veteran status or other characteristics protected by law.

GE HealthCare will only employ those who are legally authorized to work in the United States for this opening. Any offer of employment is conditioned upon the successful completion of a drug screen (as applicable).

While GE HealthCare does not currently require U.S. employees to be vaccinated against COVID-19 some GE HealthCare customers have vaccination mandates that may apply to certain GE HealthCare employees.

Relocation Assistance Provided: Yes

Application Deadline: February 20 2026

Required Experience:

Director

Job Description SummaryThe Managing Director Business Development Pharmaceutical Diagnostics (PDx) will be responsible for driving the PDx segments strategy to grow in core and adjacent market segments by managing a pipeline of inorganic growth initiatives including strategic alliances partnerships ...

Job Description Summary

Job Description

Responsibilities:

Manage all aspects of inorganic strategy deployment for assigned business units including market evaluation target identification screening due diligence structuring negotiation and closing
Lead cross-functional teams including marketing engineering finance legal supply chain service and HR in support of the evaluation and execution planning for M&A. Effectively manage communication and alignment with key internal stakeholders for assigned business units
Effectively lead team of direct reports in delivering on business development goals of assigned business units providing coaching and development to build talent pipeline of function
Steward an effective decision making and approval process alongside GEs corporate business development team in evaluation and execution of M&A transactions for assigned business units
Facilitate smooth transition of knowledge integration responsibilities and operating goals and objectives to business and functional leaders responsible for post-closing management
Communicate recommended inorganic strategies and business plans to executive leadership teams
Monitor integration status of transactions that have closed within the prior two years
Build and maintain effective network of stakeholders within markets of interest to assigned business units; utilize network to build strong understanding of market fundamentals trends and valuation
Promote utilization and continuous improvement of standardized business development practices tools and document retention policies

Experience:

BA or BS degree
Minimum 10 years of experience and with a minimum of 5 years of relevant business development experience in a corporate investment banking or consulting environment
Healthcare/medical device/medtech industry experience
Strong communication and interpersonal skills
Demonstrated experience in sourcing negotiating and closing multiple material M&A transactions
Demonstrated aptitude for both managing and prioritizing multiple projects and initiatives
Team leadership project management and facilitation skills in a matrixed organization and interacting with senior executives both internally and externally
Strong problem-solving skills
Clear thinking: Proven experience simplifying strategy into specific actions with clear accountability making decisions with speed and accuracy despite ambiguity based on best available information and communicating priorities clearly and concisely

Preferred characteristics:

MBA qualification
Biopharmaceutical specialty pharmaceutical and/or imaging agents industry experience
Experience in the domain of establishing or managing partnership programs