Senior Director, Incubation ENA

Johnson & Johnson•New Brunswick, MA

9d•Remote

About The Position

Johnson & Johnson -- About Innovative Medicine Our expertise in Innovative Medicine is informed and inspired by patients, whose insights fuel our science-based advancements. Visionaries like you work on teams that save lives by developing the medicines of tomorrow. Join us in developing treatments, finding cures, and pioneering the path from lab to life while championing patients every step of the way. Learn more at https://www.jnj.com/innovative-medicine Primary work location preference is Cambridge, MA with New Brunswick, NJ also an option. Remote work options may be considered on a case-by-case basis and if approved by the Company. In this case, travel expectations would increase. Position Description: Johnson & Johnson External Scientific Innovation (ESI) is recruiting a Senior Director for East North America (ENA) to operate an exclusively virtual incubation model for the early-stage biotech companies. The goal of ESI is to de-risk and advance transformative healthcare solutions that improve the lives of people around the world and, in so doing, to deliver value to Johnson & Johnson (“J&J”) R&D pipelines in Innovative Medicine. ESI accomplishes this by catalyzing new science and technology through collaboration and exchange of ideas. This team is looking for a colleague inspired to help build and support an external pipeline of opportunities within the ENA region. This position will be responsible for overseeing all incubator portfolio companies and related business activities within ENA. The Senior Director will foster innovation and deep scientific/drug and platform technology development regionally by sourcing and incubating selected companies aligned to areas of strategic relevancy to J&J and embrace new scientific trends. Importantly, this position will leverage J&J’s expertise to build, grow and accelerate opportunities into the R&D portfolio of Innovative Medicine. The position reports into the Innovation Center Head in ENA region, based in Cambridge MA. Johnson & Johnson External Scientific Innovation – enables and empowers emerging companies through access to knowledge, experiences, partnerships, and networks across a broad healthcare spectrum. Our goal is to catalyze and accelerate the delivery of lifesaving, life-enhancing solutions to patients around the world. This can be considered for a remote role available in multiple cities within the United States. While specific cities are listed in the Locations section for reference, please note that they are examples only and do not limit your application.

Requirements

The successful applicant will have deep experience and understanding of the pharma industries, a recognized, entrepreneurial experience having started and/or run a start-up or a business unit within a larger corporation with excellence in organizational management with the ability to thrive in matrix and global teams.
S/he must be an analytic and decisive decision maker with the ability to prioritize and communicate effectively with demonstrated experience in initiating, establishing, and managing partnerships with academic institutions and companies, including the interplay between internal and external stakeholders.
S/he must have experience as part of negotiation team, with a demonstrated ability to contribute to establishing relationships at a fast pace while developing a collegial, collaborative relationship with a potential partner and be comfortable working with other team members, including scientific leads, sourcing, transaction, legal, finance, marketing, and commercial teams to progress and complete partnerships.
S/he must be of a collaborative mindset and a strong team player and communicator to develop and present strategic and scientific rationale to key internal constituencies and drive project and portfolio advancement to all levels within and external to the organization.
S/he must be curious and proactive to think about, develop and present innovative ways for outreach and interaction with the healthcare ecosystem, and for “out-of-the-box” ideas and willing to take on responsibilities for helping to develop and strengthen J&J’s shared culture.
S/he must possess strong written and verbal communication skills with a persuasive and passionate communicator with excellent public speaking skills.
S/he must be mission-driven and self-directed, take an action-oriented, entrepreneurial, flexible, and innovative approach to both internal and external partners (including biotech’s, venture funds, academic and government partners) with a balance of passion, humility, integrity, and positive attitude.
S/her must have experience coaching and mentoring team members and ideally also start-ups and young entrepreneurs.
An advanced degree in science (MSc, PhD or MD) required.
A Minimum of 15 years of experience including international and a track record in senior program management is required
At least 10 years of relevant professional experience in the healthcare industry is required.
S/he must possess experience in budgeting and fiscal management with experience in international business development, technology transfer, management consulting, and/or global venture capital investing.
Experience in the evaluation and execution of a diverse set of global business development opportunities is required.
Proactive engagement in case of roadblocks; can-do attitude towards problem solving
Demonstrated adaptability to work across functions and therapeutic areas is required with the ability to maintain a regional view of the portfolio
Demonstrated ability to manage global partnerships both private and public sector
Excellent self-management and organizational skills
Strong interpersonal and teambuilding skills
This position may require 15-20% travel.

Nice To Haves

Degree in Immunology, Oncology and Neuroscience is preferred.
English fluent, multiple languages would be a plus.
Preferred locations (Boston, New Brunswick, Philadelphia)
Flexible work to be considered

Responsibilities

Lead the portfolio management of incubator companies within ENA including the following:
Source new opportunities in conjunction with regional search and evaluation functions leveraging best practices to attract and curate a high value portfolio including identifying companies that have assets and platforms to J&J’s core therapeutic areas as well as novel/disruptive assets and platforms supported by the regional and global sourcing teams.
In partnerships with the regional search and evaluation teams and individual subject matter experts of our Therapeutic Areas, monitor and mentor companies with potentially disruptive technologies to assist in advancing their programs to derisking stages.
Use portfolio management tools to access and Integrate opportunities
Deliver key performance indicators and goals and objectives for JLABS ENA
Lead a matrix team of diverse functional experts through aligned goals and objectives to ensure successful nurturing and support to the companies through the virtual value proposition including services like:
Resource opportunities and IT Tools for the companies supported by the Business Operations Manager
Educational and Scientific Activation programs, Executive Forums and R&D connections supported by the Scientific Engagement team.
Foster a collaborative environment with each of Johnson & Johnson Innovative Medicine’s Therapeutic Areas (TAs), Subject Matter Experts (SMEs), as well as other internal capabilities in DPDS (Discovery, Product Development and Supply) and DSDH (Data Science, Digital Health).
Collaborate with all sourcing teams located at the J&J Innovation Centers (Shanghai, San Francisco, Boston, London) as well as the global transaction group including BD, Procurement and ESI transactional teams to support completing deals strategic to the J&J portfolio strategy.
Work with the other incubation directors to collaborate on best practices and develop a global approach to corporate incubation.
Represent J&J within the regional ecosystem and innovation community to attracts partners Acts as a regional voice and magnet for new contacts and opportunities.
Initiate relevant external partnerships if appropriate with other incubator or accelerator sites and manage ongoing relationship with their leadership.
Manage and communicate with C-Suite of respective incubated companies to address their needs and provide them with ongoing support.

Benefits

Subject to the terms of their respective plans, employees are eligible to participate in the Company’s consolidated retirement plan (pension) and savings plan (401(k)).
This position is eligible to participate in the Company’s long-term incentive program.
Subject to the terms of their respective policies and date of hire, employees are eligible for the following time off benefits:
Vacation –120 hours per calendar year
Sick time - 40 hours per calendar year; for employees who reside in the State of Colorado –48 hours per calendar year; for employees who reside in the State of Washington –56 hours per calendar year
Holiday pay, including Floating Holidays –13 days per calendar year
Work, Personal and Family Time - up to 40 hours per calendar year
Parental Leave – 480 hours within one year of the birth/adoption/foster care of a child
Bereavement Leave – 240 hours for an immediate family member: 40 hours for an extended family member per calendar year
Caregiver Leave – 80 hours in a 52-week rolling period10 days
Volunteer Leave – 32 hours per calendar year
Military Spouse Time-Off – 80 hours per calendar year
For additional general information on Company benefits, please go to: - https://www.careers.jnj.com/employee-benefits