Venture Associate

　　Date: Feb 6, 2024

　　Location:

　　Parsippany, United States, New Jersey, 07054

　　Company: Teva Pharmaceuticals

　　Job Id: 53426

　　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

　　Play a crucial role as a key partner to the EVP, Business Development, and the senior management team, to support our Pivot to Growth and Innovation goals. This position involves developing relationships with Venture and Banking groups in the Healthcare industry, in particular those focused on therapeutic innovation in Neurosciences and Immunology. The role includes overseeing the team's engagement in evaluating investment and partnership opportunities with early-stage companies, many of which are created by Venture firms. Teva may from time to time make seed or later series equity investments as stand alone or as part of deal structures, where the Venture Associate will provide key support. Furthermore, this role serves as a valuable learning opportunity for individuals interested in Business Development, acting as a steppingstone towards future roles such as a deal leader or alliance management.

　　How you’ll spend your day

　　Location: The preferred location is Parsippany, NJ or West Chester, PA as a backup. The candidate must be able to travel frequently.

　　Coordinates engagement with Venture Capital firms, Healthcare Banking groups, and Private Equity Firms in healthcare.

　　Will evaluate early-stage companies and makes recommendations for further evaluation and potential investments or licensing deals.

　　Works with leadership to develop and prioritize department plans to achieve the Business Development team’s vision and strategy, addressing issues and obstacles that impede progress toward achieving goals.

　　Acts as the interface with other functions to seek subject matter expertise to evaluate opportunities, especially scientific, clinical and commercial evaluation.

　　Supports Business Development initiatives and external engagements, especially the JPM and BIO.

　　Partners with the EVP, Business Development in organizing meetings with Venture Capital groups and Bankers, to review opportunities, an prepare reports, presentations, and/or papers to present to the Executive Management, Board, and CEO as required.

　　Drafts the agenda for follow up with the Biotech opportunities identified from the Venture Capital or Banker meetings.

　　Supports operational excellence activities together with the department leadership team.

　　Your experience and qualifications

　　Master’s degree or more required, with a strong understanding of seed and series A investing, along with a scientific background in drug development and commercialization.

　　Minimum 7 years experience related to R&D in biopharma and a strong understanding of the pharmaceutical industry.

　　Strong relationship-building skills, able to influence internal and external stakeholders. This individual will be highly visible at all levels of the organization and must be able to build trust and credibility.

　　Intimate understanding of the pharmaceutical industry and third-party-partnered development is strongly preferred.

　　Strong written and communication skills, including presentation skills.

　　Substantive experience in Word, Excel, and PowerPoint.

　　Advanced principles and practices of program development, public speaking, program and project administration and management, including procurement and contract management.

　　Advanced principles and practices of project management.

　　Ability to build complex cross-group/department plans, drive, track, and report execution progress.

　　Proactive and collaborative, working cooperatively with other departments and key stakeholders internally and externally.

　　Techniques to work effectively under pressure, meet deadlines, and adjust to changing priorities.

　　Interpreting and administering policies and procedures sufficient to administer, discuss, resolve, and explain them to staff and other constituencies.

　　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