Associate Director

March 18, 2024

Job Description

About the job

Description:

Johnson & Johnson Innovation, a part of Johnson & Johnson’s Family of Companies, is currently recruiting for an Associate Director, Early Innovation Partnering, EMEA to be based in London, UK. Johnson & Johnson (J&J) is the world’s most comprehensive and broad-based manufacturer of health care products, as well as a provider of related services, for the pharmaceutical and medical device markets.

Johnson & Johnson Innovation (JJI) has established Innovation Centers (ICs) in Cambridge/Boston, London, San Francisco/California, and Shanghai (www.jnjinnovation.com). The ICs constitute a platform from which Johnson & Johnson identifies, catalyzes, contributes to, and accesses the most promising medical innovations at cutting edge life sciences companies and universities across the globe. J&J’s goal is to build a pipeline of innovative technologies, products and solutions that will benefit patients and consumers and will augment long-term corporate growth. Operating within major hubs of innovation allows J&J the opportunity to access technologies earlier and to help translate them into products for patients by contributing financial, intellectual, and human capital. The leading diversified healthcare company in the world, J&J seeks external innovation across a broad range of sectors, including pharmaceuticals, medical devices, consumer healthcare, vision care, diagnostics, and digital health.

The candidate will work across a matrix organization serving as a member of the Early Innovation Partnering team at the London Innovation Center, (LIC), responsible for sourcing activities, search and evaluation of opportunities and transacting opportunities into partnerships. The candidate’s responsibilities will focus primarily on external innovation opportunities for certain therapeutic areas within Janssen Pharmaceuticals, which include: Oncology, Immunology, Retinal Disease, Pulmonary Hypertension, Neuroscience, and Discovery Technologies and Platform Innovations.

Key Responsibilities

  • Develop deep understanding of innovation and scientific landscape in relevant therapeutic areas of interest and learning methods to systematically identify innovative opportunities and to maximize chances of serendipitous discovery of opportunities.
  • Coordinate global landscapes and competitive landscapes related to specific opportunities in collaboration with R&D colleagues and the other Innovation Centers.
  • Apply scientific expertise to evaluate and support diligence on relevant external opportunities in collaboration with the Therapeutic Area leads, including regional proactive sourcing activities.
  • Identify highly innovative asset-centric and platform opportunities, manage cross-functional due diligence team, learn to shape and prepare the operative R&D workplans, and assist in devising and proposing collaboration models, transaction structures and terms that are commercially and scientifically appropriate.
  • Take accountability for ensuring that opportunities progressing through appropriate review processes, that key risks are identified, communicated appropriately and debated sufficiently. Learn how mitigation strategies are accounted for in deal structures, development plans and cost projections and become experienced in these areas.
  • In collaboration with business unit colleagues, build business cases that are rigorous and based on sound commercial, scientific, regulatory and clinical rationale, with key assumptions and risks clearly articulated.
  • Preparation of internal review and briefing documents including substantial quantitative and qualitative analysis of opportunities.
  • Participate in the negotiation and closing of transactions.
  • Regular attendance at industry events such as scientific, clinical and partnering conferences.
  • Ensuring that all interactions and engagements are carried out with the highest ethical and professional standards and that all work is accomplished with quality and in accordance with J&J Credo.

The above duties and responsibilities are not an exhaustive list and the candidate may be required to undertake any other reasonable duties compatible with their experience and competencies. This description may be varied from time-to-time to reflect changing business requirements.

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