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Associate Director, Business Development – Companion Diagnostics Partnerships - NJ

Abbott

Associate Director, Business Development – Companion Diagnostics Partnerships - NJ

Abbott

16 Locations

·

On-site

·

Full-time

·

1w ago

Compensation

$129,300 - $258,700

Benefits & Perks

Healthcare

401(k)

Tuition Reimbursement

Learning Budget

Healthcare

401k

Learning

Required Skills

Business development

Relationship building

Negotiation

Presentation skills

Strategic thinking

Complex deal execution

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 114,000 colleagues serve people in more than 160 countries.

JOB DESCRIPTION:

Working at Abbott

At Abbott, you can do work that matters, grow, and learn, care for yourself and your family, be your true self, and live a full life. You’ll also have access to:

  • Career development with an international company where you can grow the career you dream of.

  • Employees can qualify for free medical coverage in our Health Investment Plan (HIP) PPO medical plan in the next calendar year.

  • An excellent retirement savings plan with a high employer contribution

  • Tuition reimbursement, the Freedom 2 Save student debt program, and FreeU education benefit - an affordable and convenient path to getting a bachelor’s degree.

  • A company recognized as a great place to work in dozens of countries worldwide and named one of the most admired companies in the world by Fortune.

  • A company that is recognized as one of the best big companies to work for as well as the best place to work for diversity, working mothers, female executives, and scientists.

The Opportunity

The Associate Director, Business Development for Abbott Molecular Diagnostics reports to the Head of Companion Diagnostics and is responsible for identifying, initiating, and executing strategic companion diagnostic (CDx) partnerships with pharmaceutical and biotechnology companies. This leader plays a critical role in advancing precision medicine, particularly in oncology, by aligning Abbott’s molecular diagnostic assay development capabilities with pharma targeted therapy pipelines.

The Associate Director is responsible for building relationships with precision medicine leaders, clinical development teams, and biomarker strategy groups within pharma companies. They must understand drug pipelines and identify where a diagnostic test is required, then bring opportunities to Abbott’s internal R&D, medical, and regulatory teams. They facilitate internal discussions and help develop scientific proposals and business cases across each clinical phase.

Success in this role requires knowledge of molecular diagnostics, including technologies such as FISH, PCR, NGS and ideally experience within pharma, precision medicine, or oncology drug development. The position focuses on expanding new CDx partnerships, building Abbott’s presence with pharma companies, and scaling a growing, strategic business area from the ground up.

(This is a field based role, preferred candidate will reside in East (NJ/NY/PA/CT etc.) near major pharmaceutical/biotech hubs)

What You’ll Work On

Partner Identification & Relationship Building:

  • Identify, cultivate, and maintain relationships with pharmaceutical and biotech companies developing targeted therapies requiring companion diagnostics.

  • Build a strong presence along the East Coast “Pharma Row,” engaging companies in New Jersey, Pennsylvania, New York, and Massachusetts as well as on the West Coast with biotechnology companies in the San Francisco Bay Area.

  • Attend key industry conferences to establish new contacts and assess partnership potential.

Opportunity Assessment & Strategy Alignment:

  • Work with internal stakeholders to define key therapeutic areas and companion diagnostic priorities.

  • Evaluate partner fit based on scientific rationale, commercial opportunity, regulatory pathway, and portfolio alignment.

  • Conduct research to map drug pipelines, biomarker strategies, and emerging precision medicine trends.

Internal Collaboration & Reporting:

  • Prepare executive-level presentations summarizing opportunity pipelines and deal status.

  • Improve internal BD processes and documentation.

Required Qualifications

  • Bachelor's degree

  • 8+ years’ experience and demonstrated success in a complex selling environment (multiple stakeholders, multiple decision makers, product alignment to goals / initiatives)

  • Excellent negotiation and relationship-building skills.

  • Strong presentation and meeting facilitation skills

  • Strong organizational skills and ability to manage multiple tasks and projects

  • Demonstrated ability to work across the enterprise and with cross-functional teams to influence individuals and accomplish business objectives.

  • Demonstrated track record of executing complex strategic deals.

Preferred Qualifications

  • Deep knowledge of oncology pipelines, biomarkers, and precision medicine markets.

Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives: www.abbottbenefits.com

Follow your career aspirations to Abbott for diverse opportunities with a company that can help you build your future and live your best life. Abbott is an Equal Opportunity Employer, committed to employee diversity.

Connect with us at www.abbott.com, on Facebook at www.facebook.com/Abbott, and on Twitter @Abbott News.

The base pay for this position is

$129,300.00 – $258,700.00
In specific locations, the pay range may vary from the range posted.

JOB FAMILY:

Sales Force

DIVISION:

AMD Molecular

LOCATION:

United States of America : Remote

ADDITIONAL LOCATIONS:

WORK SHIFT:

Standard

TRAVEL:

Yes, 50 % of the Time

MEDICAL SURVEILLANCE:

Not Applicable

SIGNIFICANT WORK ACTIVITIES:

Continuous standing for prolonged periods (more than 2 consecutive hours in an 8 hour day), Continuous walking for prolonged periods (more than 2 hours at a time in an 8 hour day), Driving a personal auto or company car or truck, or a powered piece of material handling equipment

Abbott is an Equal Opportunity Employer of Minorities/Women/Individuals with Disabilities/Protected Veterans.

  • EEO is the Law link

  • English: http://webstorage.abbott.com/common/External/EEO_English.pdf

  • EEO is the Law link

  • Espanol: http://webstorage.abbott.com/common/External/EEO_Spanish.pdf

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About Abbott

Abbott

Abbott

Public

Abbott is a global healthcare company that develops medical devices, diagnostics, branded generic medicines, and nutrition products.

10,001+

Employees

Abbott Park

Headquarters

Reviews

3.4

10 reviews

Work Life Balance

2.5

Compensation

4.0

Culture

2.8

Career

3.2

Management

2.5

45%

Recommend to a Friend

Pros

Good benefits and compensation

Supportive management/teams

Good company reputation and mission

Cons

Poor management and communication

Stressful work environment

Limited career advancement/favoritism

Salary Ranges

1,330 data points

Mid/L4

Mid/L4 · Clinical Specialist

192 reports

$122,947

total / year

Base

$107,979

Stock

-

Bonus

$14,968

$82,590

$185,149

Interview Experience

3 interviews

Difficulty

2.7

/ 5

Duration

14-28 weeks

Offer Rate

67%

Experience

Positive 67%

Neutral 33%

Negative 0%

Interview Process

1

Application Review

2

Recruiter Screen

3

Phone Screen

4

Hiring Manager Interview

5

In-person/Final Interview

6

Offer

Common Questions

Technical Knowledge

Behavioral/STAR

Past Experience

Culture Fit