Senior Director Business Development, Divestitures

Senior Director, Divestitures

Johnson & Johnson is currently seeking a Senior Director, Divestitures to join our Innovative Medicine Business Development team. This role will be based in one of our New Jersey locations (New Brunswick, Raritan, Titusville).

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.

The Senior Director, Divestitures, is a key member of the J&J Innovative Medicine Business Development team, leading the established products divestiture team, including direct management for a team of two direct reports. This role leads end-to-end process and strategy for critical divestitures, driving opportunities from identification, through partner negotiations, and culminating in transition of programs to external parties. The Senior Director, Divestitures drives our divestiture strategy, leveraging a wide range of cross functional resources to enable a productive and succession transaction process. Importantly, this role will partner closely with partners including Established Products, Supply Chain, Regulatory, Commercial, Clinical, Medical Affairs, Finance, Pharmacovigilance and others. The Senior Director Divestitures will report directly to the Vice President of Acquisitions & Divestitures.

J&J Innovative Medicine Business Development is a part of Johnson & Johnson Innovation LLC, which is working to accelerate scientific innovation at all stages of development worldwide to deliver cutting-edge solutions that solve unmet needs for patients. Johnson & Johnson Innovation provides scientists, entrepreneurs, and emerging companies with one-stop access to the broad resources of the Johnson & Johnson Family of Companies. This includes access to dealmakers, through the innovation centers located in global life science hot spots and Johnson & Johnson Innovation J&J Innovative Medicine Business Development; venture investment, through Johnson & Johnson Innovation JJDC; company incubation, through Johnson & Johnson Innovation, JLABS; as well as R&D, manufacturing, and commercialization expertise.

We are J&J Innovative Medicine. Our mission drives us. Our patients inspire us. We collaborate with the world for the health of everyone in it.

Key Responsibilities

• Champion, lead, and develop strategies / tactics for timely divestitures of Established Products brands / assets.
• Function with high degree of autonomy in all critical aspects of divestiture execution and negotiation.
• Leadership of regular senior leadership updates and team meetings.
• Serve as a single point of contact for functional areas on global and regional deals.
• Function as resident expert on key externalization processes.
• Development of robust and compelling presentation materials for senior leadership.
• Currently, this role is directly responsible for leading a team of two direct reports.

Qualifications

The anticipated base salary for this role : $173,000-$299,000

Johnson & Johnson Family of Companies are equal opportunity employers, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, genetic information, national origin, protected veteran status, disability status, or any other characteristic protected by law. 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 (ra-employeehealthsup@its.jnj.com) or contact AskGS to be directed to your accommodation resource.