Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals, and branded generic medicines. Our 109,000 colleagues serve people in more than 160 countries.

Our location in Abbott Park, Illinois currently has an opportunity for a Director, Licensing & Acquisitions (L&A).

This highly talented and experienced Director will report to the Divisional Vice President of Licensing and Acquisitions supporting the Established Pharmaceuticals and Nutrition businesses. The Director of L&A will be responsible for seeking out, evaluating, and executing upon new business opportunities for the organization. 

WHAT YOU’LL DO 

• Proactively research, identify and evaluate potential company, product and technology targets that are consistent with Abbott’s strategies and drive sustainable growth for the Company.
• Lead the assessment and due diligence activities including: 1) managing the interactions with external parties, 2) overseeing the evaluation process and timeline and 3) developing timely recommendations and proposals for senior management consideration based on thorough and complete technical and commercial assessments.
• Develop effective deal structures, risk mitigation and negotiating strategies to ensure alignment with Company objectives.
• Leading, negotiating and closing of a variety of transactions from straight forward commercialization agreements to complex acquisitions. 
• Effectively manage external stakeholders (e.g., CEOs) and internal stakeholders (e.g., Senior Management and C-suite), including preparing opportunity assessments for executive-level audiences. 
• Effectively lead support teams (e.g., – marketing, R&D, clinical, regulatory, operations) through due diligence process on opportunities.
• Deliver oral and written presentations to senior management to seek approval for new opportunities.
• Lead assessments of key markets, companies, and technologies.  Individual will be regarded as a subject matter expert for the various business segments supported. 

EDUCATION AND EXPERIENCE YOU’LL BRING 

• Bachelor’s Degree required. Prefer Finance / Accounting or Technical (e.g. – Science/Engineering) with a Master of Business Administration.
• 8+ years of industry experience including time spent working on acquisitions, managing the assessment of opportunities, negotiating and closing deals successfully.
• Strong understanding of the product development, regulatory, and commercialization process for evaluation of target companies and products.
• Leadership skills to drive projects to deliver timely results and follow through on commitments.
• Strong communication skills to effectively communicate business strategies and capabilities internally and externally, present individual and team recommendations clearly and concisely, and promote cross-functional communication.
• Strong networking skills to reach out to a broad range of industry decision makers to keep abreast of emerging opportunities.
• Demonstrated negotiation and influencing skills in a deal setting to creatively solve problems with partner companies and close deals.
• Strong financial acumen and analytical skills to understand financial evaluations.
   

WHAT WE OFFER 

At Abbott, you can have a good job that can grow into a great career. We offer:

• Training and career development, with onboarding programs for new employees and tuition assistance 
• Financial security through competitive compensation, incentives and retirement plans 
• Health care and well-being programs including medical, dental, vision, wellness and occupational health programs
• Paid time off 
• 401(k) retirement savings with a generous company match
• The stability of a company with a record of strong financial performance and history of being actively involved in local communities

Learn more about our benefits that add real value to your life to help you live fully:  www.abbottbenefits.com

Follow your career aspirations to Abbott for diverse opportunities with a company that provides the growth and strength to build your future. Abbott is an Equal Opportunity Employer, committed to employee diversity.

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