Director Business Development - Generics

Who we are

Together, we’re on a mission to make good health more affordable and accessible, to help millions around the world enjoy healthier lives. It’s a mission that bonds our people across nearly 60 countries and a rich, diverse variety of nationalities and backgrounds. Working here means working with the world’s leading manufacturer of generic medicines, and the proud producer of many of the products on the World Health Organization’s Essential Medicines List. Today, at least 200 million people around the world take one of our medicines every single day. An amazing number, but we’re always looking for new ways to continue making a difference, and new people to make a difference with.

The opportunity

As the Director of Business Development you will be responsible for supporting the generics and biosimilars businesses of Teva globally, with focus on Teva's US business, through pursuing and execution of generic and biosimilar pharmaceutical products’ licensing-in and co-development projects, to complement Teva's broad product portfolio, and other business development activities. Your role will also include pursuing and executing projects aimed at optimizing Teva’s portfolio, also through product acquisitions, divestments,  and co-marketing. 
 
The position includes identifying and evaluating products' licensing and other business development opportunities, identifying and building relationships with potentially strategic partners for implementing business development projects, leading due diligence and negotiations procedures and coordinating such activities with relevant functions within Teva to deal finalization.
 
You will contribute to Teva’s growth, primarily in the US market, through expanding Teva’s network of potential business development partners and increasing the number of opportunities brought to assessment of senior management, by initiating discussions with companies you have engaged with in the past and strengthening the relationships with companies Teva currently works with. 

How you’ll spend your day

• Manage, coordinate and execute negotiations of licensing and other business development deals, including coordination between relevant functions within Teva, through impactful project leadership 
• Coordinate and execute due diligence activities to support business development deals
• Analyze and evaluate all commercial, legal and technical aspects of business development opportunities, in cooperation with other departments, including: Portfolio, Operations, Legal, R&D, and Finance
• Drive strengthening of relationships with key business development partners, through: a) better positioning of Teva as a partner of choice in the industry; b) increased synergies and leverage of Teva’s size in negotiating with 3rd parties; c) superb alignment between Teva’s business units and global functions for effective and efficient deal process; and d) ongoing coordination between partners and internal Teva functions at the project and strategic levels

Your experience and qualifications

• Bachelor’s degree in Business, Law or Life Sciences is required. Master’s degree or a higher level degree is preferred
• Minimum 10 years of experience in pharmaceutical industry, including at least 7 years' experience in US licensing/BD, procurement or alliance management
• Excellent negotiation and communication skills and ability to present information in clear concise manner
• Strong relationship-building skills, able to influence internal and external stakeholders. This individual will be highly visible at all levels of the organization and must be able to build trust and credibility
• Understanding of the requirements for bringing a pharmaceutical product to market, including the principles of product development, registration, and launch preparations
• Project management and leadership skills, including ability to lead cross-functional teams, spread across different geographies
• Ability to analyze and evaluate commercial offers, product features and risks
• Ability to support department goals, track, and report execution progress
• Proactive and collaborative, working with key stakeholders internally and externally
• Techniques to work effectively under pressure, meet deadlines, and adjust to changing priorities.
• Interpreting and administering policies and procedures sufficient to administer, discuss, resolve, and explain them to staff and other constituencies
• Strong written and communication skills, including presentation skills
• Substantive experience in Word, Excel, and PowerPoint

 

Ability to travel up to 30% of the time when needed

Enjoy a more rewarding choice

We offer a competitive benefits package, including:

• Comprehensive H