Vice President Business Development Oncology Transactions – Hematology, I/O
Johnson & JohnsonAbout the role
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 DevelopmentJob Sub Function:
Business DevelopmentJob Category:
People LeaderAll Job Posting Locations:
New Brunswick, New Jersey, United States of America, Raritan, New Jersey, United States of America, Titusville, New Jersey, United States of AmericaJob Description:
Vice President Business Development Oncology Transactions – Hematology, I/O
Johnson & Johnson is recruiting for the Vice President Business Development Oncology Transactions – Hematology, I/O, located in Raritan, NJ or Titusville, NJ.
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/.
ABOUT THE ROLE:
About the Role The Vice President Business Development Oncology Transactions will lead Business Development activities for the Oncology franchise, J&J Innovative Medicine’s largest and fastest growing therapeutic area. More specifically, this position will be accountable for leading the above-specified activities in the Hematological Malignancies and Immuno-Oncology (I/O) spaces.
The Vice President Business Development Oncology Transactions leads a team to identify, evaluate, and execute value-creating transactions in support of the Pharm Group’s growth strategies across the end-end Oncology portfolio. Directs the search, due diligence, business case development, negotiations, financing, and communications to senior management to execute transactions.
Oversees the closing of deals and integration of assets into J&J. Also oversees divestitures of identified assets to enhance value creation of the portfolio. Can be engaged in renegotiation of existing agreements according to changing business needs. Helps to develop high external share of voice in the Oncology marketplace, furthering J&J Innovative Medicine’s reputation as a partner of choice. Develops and leads a consistently high performing team Oncology BD team.
Partners with Therapeutic Area Leadership and Global Commercial (GCSO) teams to develop actionable growth plans based on gap analyses, competitive landscape reviews, and a continuous review of all mechanisms of action that are viewed as critical for growth.
- Sources assets that continue to drive near- and long-term growth of the portfolio bases on gaps identified
- As such sustains the ‘freshness’ of the Oncology pipeline by adding new assets to replace those lost to development attrition and to ensure sustained growth of the business
- Integrates strategic and cross-functional teams and ensures teams are following the appropriate guidelines (for example, WW420C).
Determines screening criteria and rationale for targeting new business opportunities in relation to J&J strategic goals.
- Evaluates critical assumptions, risks, and opportunities to determine organizational impact.
- Directs teams to make go or no-go decisions in a timely manner and based on available data.
Directs the development of business cases for new business opportunities that are aligned with strategic goals.
- Determines which opportunities to bring to market based on assessment of research and valuation model results.
- Develops procedures and ensures the quality of the due diligence process. Communicates to J&J management and stakeholders in a balanced and transparent manner.
Leads the negotiation, structuring, and closing of deals.
- Oversees the execution of all contracts, amendments and confidentiality agreements.
Develops and leads a consistently high performing Business Development Oncology team.
- Active talent scout i
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