Director Business Development, Precision Medicine Transactions

This job is with Johnson & Johnson, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ business community. Please do not contact the recruiter directly.

At Johnson & Johnson, we believe health is everything. Our strength in healthcare innovation empowers us to build a world where complex diseases are prevented, treated, and cured, where treatments are smarter and less invasive, and solutions are personal. Through our expertise in Innovative Medicine and MedTech, we are uniquely positioned to innovate across the full spectrum of healthcare solutions today to deliver the breakthroughs of tomorrow, and profoundly impact health for humanity. Learn more at https://www.jnj.com

Job Function

Strategy & Corporate Development

Job Sub Function

Business Development

Job Category

People Leader

All Job Posting Locations:

New Brunswick, New Jersey, United States of America, Raritan, New Jersey, United States of America, Titusville, New Jersey, United States of America

Job Description

Johnson & Johnson is currently seeking a Director, Precision Medicine Transactions, to join our Innovative Medicine Business Development team, located in New Brunswick/Raritan/Titusville, New Jersey.

Our expertise in Innovative Medicine is informed and inspired by patients, whose insights fuel our science-based advancements. Visionaries like you work on teams that save lives by developing the medicines of tomorrow.

Join us in developing treatments, finding cures, and pioneering the path from lab to life while championing patients every step of the way.

Learn more at https://www.jnj.com/innovative-medicine

The Director, Precision Medicine Transactions, will be a key member of the J&J Innovative Medicine Business Development team, partnering closely with the Therapeutic Areas across R&D and Global Commercial Strategy Organization to enable robust landscape analysis, due diligence, facilitate partner's selection, business case approvals, negotiation and transaction execution.

J&J Innovative Medicine Business Development is a part of Johnson & Johnson Innovation LLC, which is working to accelerate scientific innovation at all stages of development worldwide to deliver cutting-edge solutions that solve unmet needs for patients. Johnson & Johnson Innovation provides scientists, entrepreneurs, and emerging companies with one-stop access to the broad resources of the Johnson & Johnson Family of Companies. This includes access to dealmakers, through the innovation centers located in global life science hot spots and Johnson & Johnson External Scientific Innovation - J&J Innovative Medicine Business Development; venture investment through JJDC; company incubation through JLABS; as well as R&D, manufacturing, and commercialization expertise.

We are J&J Innovative Medicine. Our mission drives us. Our patients inspire us. We collaborate with the world for the health of everyone in it.

Key Responsibilities

• The Director will be a core contributor in the acceleration of our aspiration to create industry-leading Precision Medicine capabilities globally and in countries around the world. Drive landscaping/due diligence/approval/negotiations and contracting for Precision Medicine.
• Responsibilities will include diagnostics, digital and data sciences, in particular for development collaborations and commercial partnerships.
• Partner closely with matrix teams across R&D, Global Commercial Strategy Organization, External Scientific Innovation. In addition, the Director will work closely with the business development, finance, legal, privacy, HCC, Procurement and other functions to advance the internal R&D and commercial Precision Medicine capabilities that are required to efficiently develop and commercialize Precision Medicine solutions.
• Create business cases to enable deal review and leadership decisions, while systematically identifying and analyzing opportunities and risks for such opportunities. Create approval documents for internal approvals
• Manage diagnostic alliance re-negotiations and amendments
• Contribute to regular updates of agreement templates in cooperation with Legal and cross functional teams
• Contribute to the preparation of meetings at annual partnering and scientific conferences. Assimilate and synthesize emerging trends in Precision Medicine by attending relevant meetings and conferences.
  
  

Qualifications

• A Bachelor's degree is required; Advanced degree (i.e., bachelor's degree with MBA or other type of master's degree is preferred)
• 8 years of experience coordinating cross-functional teams is required
• Previous experience with diagnostic and / or pharmaceutical companies is required
• Experience leading complex projects or partnerships with a clear track record of success is required
• Previous deal making experience is preferred
• Ability to thrive in matrix organization to drive projects to conclusion
• Able to handle complex tasks independently yet knows when to seek guidance
• Strong analytical skills with a solution-oriented mindset required
• Track record of successfully handling multiple priorities and working independently
• Strong oral and written communication skills
• Position requires domestic and international travel as needed.
  
  

The anticipated base pay range for this position is $150,000 to $258,750. The Company maintains highly competitive, performance-based compensation programs. Under current guidelines, this position is eligible for an annual performance bonus in accordance with the terms of the applicable plan. The annual performance bonus is a cash bonus intended to provide an incentive to achieve annual targeted results by rewarding for individual and the corporation's performance over a calendar/performance year. Bonuses are awarded at the Company's discretion on an individual basis.

• Employees and/or eligible dependents may be eligible to participate in the following Company sponsored employee benefit programs: medical, dental, vision, life insurance, short- and long-term disability, business accident insurance, and group legal insurance.
• Employees may be eligible to participate in the Company's consolidated retirement plan (pension) and savings plan (401(k)).
• Employees are eligible for the following time off benefits:
• Vacation - up to 120 hours per calendar year
• Sick time - up to 40 hours per calendar year; for employees who reside in the State of Washington - up to 56 hours per calendar year
• Holiday pay, including Floating Holidays - up to 13 days per calendar year of Work, Personal and Family Time - up to 40 hours per calendar year
• Additional information can be found through the link below. https://www.careers.jnj.com/employee-benefits
  

The compensation and benefits information set forth in this posting applies to candidates hired in the United States. Candidates hired outside the United States will be eligible for compensation and benefits in accordance with their local market.

Johnson & Johnson is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, age, national origin, disability, protected veteran status or other characteristics protected by federal, state or local law. We actively seek qualified candidates who are protected veterans and individuals with disabilities as defined under VEVRAA and Section 503 of the Rehabilitation Act. Johnson & Johnson is committed to providing an interview process that is inclusive of our applicants' needs. If you are an individual with a disability and would like to request an accommodation, external applicants please contact us via https://www.jnj.com/contact-us/careers and internal employees contact AskGS to be directed to your accommodation resource.

Required Skills

Preferred Skills:

Alliance Formation, Business Alignment, Business Development, Business Planning, Business Valuations, Developing Others, Due Diligence, Inclusive Leadership, Leadership, Managing Managers, Market Research, Negotiation, Product Marketing Sales, Product Strategies, Relationship Building, Research and Development, Strategic Change, Strategic Thinking

The anticipated base pay range for this position is :

$150,000 to $258,750