Associate Director - Diabetes & Obesity Search and Evaluation

About the Department                                                                                                                                             

Search & Evaluation (S&E) serves as the primary entry point for external drug and technology opportunities for Novo Nordisk globally. S&E proactively scouts the global environment with the aim identifying and evaluating external opportunities with the potential to augment Novo Nordisk’s strong internal R&D pipeline.  Working cross-functionally, S&E supports the assessment of such external opportunities all the way to due diligence and contractual negotiation.  This role will be part of the Diabetes & Obesity Therapy Area Team.  
 

 

The Position

Corporate Development contributes to innovation in one of the world's largest life sciences ecosystems by participating in events and discussions with renowned and upcoming scientists–looking for the next scientific breakthrough to bring transformative treatments to patients. We work with start-ups, established companies, venture capitalists, teaching hospitals, and academic institutions to support the development of innovation for mutual benefit, and to help patients in all of our current therapy areas. Through a variety of partnership models, we accelerate ideas from the lab and clinic to advance and expand our product portfolio and to improve outcomes for the patients we serve.

 

Search & Evaluation (S&E), part of Corporate Development, as an Associate Director within the Diabetes & Obesity Search & Evaluation team you will be operating as part of a small team of professionals dedicated to identifying and evaluating the most promising opportunities with potential to augment our pipeline and help Novo Nordisk achieve its strategic aspirations.

Working cross-functionally, you will support the assessment of such external opportunities all the way to due diligence and contractual negotiation. As such, the role is a driver for change in executing Novo Nordisk's R&D strategy and business development activities on a global scale.
  
So, if you would like an opportunity to find and ensure evaluation of tomorrow’s breakthrough medicines and support the business development process leading to a potential partnership deal, then apply today as you might be the new Search and Evaluation colleague we are looking for!
 

Relationships

The position is part of Diabetes & Obesity team within the global S&E evaluation team and reports to the Head of Diabetes & Obesity Search and Evaluation.

The role is based in Cambridge, MA and will interact cross-functionally with stakeholders from R&D to Commercial while working in close collaboration with Novo Nordisk’s Business Development teams located in Denmark and Cambridge, MA. 

You will also leverage your network, and actively engage with external stakeholders including biotech companies, venture capital firms and large-cap pharma communities.

The role has no direct or indirect reports.

 

Essential Functions

• Ensuring strategic overview of internal as well as BD pipeline assets and needs
  • Through internal and external network, explore what assets are needed for the therapy area as well as their fit with the existing internal pipeline.
  • Ensure oversight of the external opportunities and internal pipeline within the designated therapy area
• Identification of novel pipeline assets and enabling technologies.
  • Participate in partnering events and scientific conferences.
  • Ensure establishment and maintenance of network with potential partners.
  • Scout for and report opportunities through professional networks or literature searches, databases or patent searches within diabetes and obesity
• Evaluation of novel pipeline assets and enabling technologies.
  • Support the technical streams of the Business Development process from strategy to target identification as well as initial evaluation and due diligence. This is done in close collaboration with experts and stakeholders across the R&D and commercial value chain.
  • Support the development of presentations of select opportunities to relevant stakeholders and governance boards.
  • Ensure due diligence project management to enable decision-making.

 

 

Physical Requirements

Up to 25% overnight travel required

 

Qualifications

• Master’s degree in life sciences referred. An advanced degree (PhD or MD) may substitute for up to 2 years of experience as deemed appropriate.
• 8+ years of experience in R&D Business development, or equivalent role
• Proven project management skills and experience.
• Solid knowledge of the drug development process is an advantag