"Alerted.org

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, Palm Beach Gardens, Florida, United States of America, Raynham, Massachusetts, United States of America, West Chester, Pennsylvania, United States of America

Job Description:

Johnson & Johnson's Family of Companies is recruiting for Senior Director, Business Development (Licensing, Mergers and Acquisitions) – Medical Tech, Orthopaedics. The position will be based at one of our main US JJMT and Orthopaedics leadership campuses including: New Brunswick, NJ; Palm Beach Gardens, FL; Raynham, MA; or West Chester, PA.

The Senior Director of Business Development will collaborate with the Orthopaedics Leadership to develop and execute the external innovation strategy for the business platform. This person will serve on a Platform Leadership Team, contributing to the Platform's overall success, including building the groundwork and entry strategies for the areas of interest, conducting diligence, prioritizing opportunities, and managing resources to achieve an impact on the performance of the Platform.

This person’s responsibilities will include scans and scouts for potential new business opportunities based on insight of unmet customer and market growth opportunities, develops business cases for opportunities, including conducting research and analysis to vet and validate ideas and opportunities. Delivers oral presentations to J&J management to communicate new business opportunities. Often leads the cross functional due diligence processes, negotiation, structuring, closing of deals and supporting a successful integration.

Responsibilities:

+ Develops, recommends, and executes the right strategies to pursue Orthopaedics business opportunities.

+ Develops strategy recommendations that are clear and aligned with Platform and Orthopaedics strategy.

+ Provides assessments and recommendations regarding potential technological and growth gaps for the business.

+ Collaborates with business leaders and other functions to assess new business opportunities.

+ Leads cross-functional and geographic teams and ensures teams are following the appropriate guidelines (for example, J&J financial procedures and strategic alliance guidelines).

+ Develops business cases for new business opportunities.

+ Leads all aspects of marketplace analysis and assessment using financial and forecasting models.

+ Utilizes research to analyze, vet and validate ideas.

+ Leads the cross-functional due diligence process and partners with internal business partners including R&D, Marketing and Finance.

+ Identifies and articulates critical assumptions, risks, and opportunities.

+ Lead the negotiation team in structuring and executing transactions.

+ Guides integration team to support integration of new businesses and assets into J&J.

+ Prepares and delivers regular reports and summaries for leadership that provides status of internal business development projects and competitive M&A activity.

+ Delivers oral and written presentations to J&J management to communicate new business opportunities.

+ Scans and scouts for potential new business opportunities based on insight of unmet customer and market needs (for example licensing, mergers and acquisitions, joint ventures, distribution/development/supply agreements, IP agreements, co-promotion agreements, divestures, and auction processes).

+ Gathers and communicates intelligence by reading published literature and patents and press releases, attending conferences and trade shows, networking, and seeking other sources of intelligence.

+ Establishes and maintains relationships with external targets aligned to business opportunities.

+ Leading other Business Development professional(s) and responsible for developing and leading a consistently high performing team.

We are seeking people who are career-minded and looking to join an outstanding team that is dynamic and constantly growing? Is career growth and opportunity appealing to you? Apply to this opportunity today.

Qualifications:

+ A minimum of a Bachelor’s degree with at least 10 years of business experience and/or MBA/other advanced degree with at least 7 years relevant business experience is required.

+ Licensing, mergers/acquisitions, consulting or banking experience is required.

+ Experience in developing strategic business cases for opportunities is required.

+ Strong business, negotiation, organizational, project management, analytical, decision-making, and influence leadership skills are required.

+ Ability to effectively communicate and influence a broad variety of business leaders, both internally and externally and of varying levels from functional personnel to senior leaders of companies is required.

+ Ability to prioritize tasks, manage several projects simultaneously are required.

+ Strong analytical and operational skills are required.

+ Experience in the healthcare industry is required.

+ Experience in leading complex transactions is required.

+ Experience working in Medical Device is preferred.

+ Experience in leading direct report(s) is preferred.

+ Experience in a customer/external facing role is strongly preferred.

+ Previous people management experience is strongly preferred.

+ This role may require up to 25% domestic and international travel.

About Orthopaedics

Fueled by innovation at the intersection of biology and technology, we’re developing the next generation of smarter, less invasive, more personalized treatments.

Are you passionate about improving and expanding the possibilities of Orthopaedics? Ready to join a team that’s reimagining how we heal? Our Orthopaedics teams help keep more than 6 million people moving each year while delivering clinical and economic value to surgeons and healthcare systems. Our teams build solutions for joint reconstruction; trauma and craniomaxillofacial; sports, extremities, and elective foot and ankle; spine; and robotics and digital surgery.

Your unique talents will help patients on their journey to wellness. Learn more at https://www.jnj.com/medtech.

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 and 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, please email the Employee Health Support Center ([email protected]) or contact AskGS to be directed to your accommodation resource.

\#Hybrid

The anticipated base pay range for this position is :

173,000 - 299,000

Additional Description for Pay Transparency:

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