Business Development Associate

Date: Apr 26, 2024

Location:

Parsippany, United States, New Jersey, 07054

Company: Teva Pharmaceuticals

Job Id: 54847

Who we are

Together, we’re on a mission to make good health more affordable and accessible, to help millions around the world enjoy healthier lives. It’s a mission that bonds our people across nearly 60 countries and a rich, diverse variety of nationalities and backgrounds. Working here means working with the world’s leading manufacturer of generic medicines, and the proud producer of many of the products on the World Health Organization’s Essential Medicines List. Today, at least 200 million people around the world take one of our medicines every single day. An amazing number, but we’re always looking for new ways to continue making a difference, and new people to make a difference with.

The opportunity

As part of Teva’s “Pivot to Growth” strategy, global business development is a key pillar of the strategic framework for short-and long-term growth in the Innovative Medicines business. Global Business development encompasses the full spectrum of external opportunities as a critical growth engine with in-and out-licensing opportunities, strategic partnership opportunities, M&A for diversification, bolt-on, and/or inorganic growth opportunities, along with monetizing divestiture opportunities with non-core assets and non-core businesses.

This role will play a crucial role as a key partner within the Business Development team and the senior management team. This position involves developing tactical and strategic execution to achieve department goals. The role includes overseeing the team's engagement in evaluating investment, partnership opportunities and other business development activities.

How you’ll spend your day

• Analyze business development opportunities such as product/portfolio acquisitions and/or in-licensing related to innovative medicines, partnerships, collaborations and acquisitions of businesses in the pharma industry with focus on neuroscience and immunology but not only limited to these areas

• Lead due diligence processes by screening/consolidating data and coordinating between broad interdisciplinary teams

• Support the complex financial models to evaluate potential acquisition targets and/or in-licensing opportunities

• Identify relevant BD targets via meetings with external companies, visit conferences and use industry databases.

• Preparation of materials such as presentations/reports and other deliverables to support the departments activities

Your experience and qualifications

• Bachelor's degree in accounting, economics or legal

• Master's Degree in Economics or Business Administration an advantage

• Two years of relevant experience (investment banking or strategic consultancy firm - advantage).

• Strong analytical & presentation skills and have a unique attention for details

• Ability to handle high volume of work in a rapidly changing & intensive work environment

• High communication and interpersonal skills

• Fluent written and spoken English.

Enjoy a more rewarding choice

We offer a competitive benefits package, including Medical, Dental, Vision, and Prescription coverage starting on the first day. We also offer Disability and Life Insurance, Paid Time Off, 13 paid Holidays, 6% match on the 401(k), Employee Stock Purchase Plan, and Tuition Assistance.

Already Working @TEVA?

If you are a current Teva employee, please apply using the internal career site available on "Employee Central". By doing so, your application will be treated with priority. You will also be able to see opportunities that are open exclusively to Teva employees. Use the following link to search and apply:Internal Career Site (https://performancemanager.successfactors.eu/sf/careers/jobsearch?bplte_company=1080030P)

The internal career site is available from your home network as well. If you have trouble accessing your EC account, please contact your local HR/IT partner.

Teva’s Equal Employment Opportunity Commitment

Teva Pharmaceuticals is committed to equal opportunity in employment. It is Teva's global policy that equal employment opportunity be provided without regard to age, race, creed, color, religion, sex, disability, pregnancy, medical condition, sexual orientation, gender identity or expression, ancestry, veteran status, national or ethnic origin or any other legally recognized status entitled to protection under applicable laws. We are committed to a diverse and inclusive workplace for all. If you are contacted for a job opportunity, please advise us of any accommodations needed to support you throughout the recruitment and selection process. All accommodation information provided will be treated as confidential and used only for the purpose of providing an accessible candidate experience.

Important notice to Employment Agencies - Please Read Carefully

Teva Pharmaceuticals USA does not accept unsolicited assistance from agencies for employment opportunities. All CVs / resumes submitted by search firms to any employee at our company without a valid written search agreement in place for this position will be deemed the sole property of our company. No fee will be paid in the event a candidate is hired by our company as a result of an agency referral where no pre-existing agreement is in place. Where agency agreements are in place, introductions are position specific. Please, no phone calls or emails.

EOE including disability/veteran