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AbbVie is hiring a Associate Director, Business Development & Acquisitions

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North Chicago, North Chicago
Posted 2 days ago
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Job Description

Purpose
The Associate Director will support AbbVie’s Licensing & Acquisitions strategy by identifying and evaluating external business opportunities from a technical, CMC, and operations perspective. This role will lead cross-functional teams through assessment and due diligence, working with the Search and Evaluation function, Legal, and partners across Clinical, Regulatory, Operations, Quality, and Commercial. The individual will translate findings into clear recommendations and proposals for senior management, inform deal structure and risk mitigation, and help move agreed opportunities toward timely execution of legal agreements with external parties.

Responsibilities 

  • Advise on building asset-specific development plans aligned with clinical and commercial timelines.
  • Identify technical gaps and risks in the available CMC data.
  • Work with functional leaders in cross-functional teams to make decisions on business opportunities.
  • Help lead assessment and due diligence (with the Search and Evaluation function): manage interactions with external parties, oversee the evaluation process and timeline, and prepare timely recommendations and proposals for senior management based on thorough technical and commercial assessments.
  • Proactively research and evaluate licensing and acquisition targets that fit AbbVie strategy and support sustainable growth, assessing their scientific, commercial, and financial viability.
  • Contribute to deal structure and risk mitigation in line with AbbVie objectives and functional management.
  • Keep key internal stakeholders informed of negotiation status, and prepare opportunity assessments and executive summaries (with Legal and other relevant functions).
  • Network with potential external parties to raise awareness of AbbVie’s key capabilities and Licensing & Acquisition objectives.
  • Advance projects efficiently and effectively, and recommend dropping weak ideas early.
  • Present orally and in writing to senior management to seek approval for new opportunities.
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Salary Information

Salary: $180000-240000

🤖 This salary estimate is calculated by AI based on the job title, location, company, and market data. Use this as a guide for salary expectations or negotiations. The actual salary may vary based on your experience, qualifications, and company policies.

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