Associate Director of Business Development

Full Time
Danvers, MA 01923
Posted
Job description

Abiomed, part of Johnson & Johnson MedTech, is a leading provider of medical devices that provide circulatory and respiratory support, with a mission of recovering hearts & saving lives. Abiomed’s “Patients First!” culture drives our skilled workforce and strong relationships with clinicians. Our innovative product portfolio and robust pipeline provide us the incredible opportunity to bring lifesaving technology to more patients around the world than ever before. Founded in 1981, Abiomed has a proven track record for growth, integrity and innovation.


I Am Abiomed | I Am Heart Recovery | Patients First!


Reporting to the Sr. Director of Business Development, the Associate Director of Business Development will lead and manage Abiomed’s growing portfolio of investments in early stage technologies and companies, aligning the market, financial and technical risk assessments with the company’s goal of becoming the standard of care in the fields of heart failure therapy, heart recovery and minimally invasive mechanical circulatory support.


Principle Duties and
Responsibilities:

  • Build Abiomed’s program and process of investment portfolio management
  • Develop and maintain processes to capture portfolio companies’ technical and clinical progress through in-person meetings and monitoring of Board of Director quarterly updates
  • Lead the due diligence process of investment opportunities, including market, technical and financial risk models, bring actionable recommendation to the senior management team
  • Seek new investment opportunities in early stage companies or in new technologies through seed investments
  • Work with the legal and finance team to negotiate investment terms
  • Maintain and build Abiomed’s organizational knowledge of new technologies and potential future acquisitions with a focus on therapies to treat heart failure, lung failure, and renal failure.


Job
Qualifications:

  • 8-12 years of related experience with a Bachelor’s degree; or 8 years and a Master’s degree; or a PhD with 5 years’ experience
  • Bachelor's degree in life science highly preferred, advanced degree (MD, PhD) is a strong advantage MBA from a top tier program preferred
  • Prior experience in financial modeling and risk assessment Prior experience in the Medical Device Sector preferred
  • Prior experience in managing early stage investments preferred Strong communication skills (written and verbal)
  • Ability to travel nationally and internationally ~30-50%


Abiomed is an Equal Opportunity Employer committed to a diverse workforce. Abiomed will not discriminate against any worker or job applicant on the basis of race, color, religion, gender, gender identity, national origin, ancestry, age, sexual orientation, gender identity, marital or civil partnership status, pregnancy, gender reassignment, non-job related mental or physical disability, genetic information, veteran status, military service, application for military service, or membership in any other category protected under law. Abiomed maintains a drug-free workplace.

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