AbbVie · 1 week ago
Associate Director, Ventures
South San Francisco, CA
Full-time
Hybrid
Mid, Senior Level, Lead/Staff
$138K/yr - $261K/yr
3+ years expAbbVie is a company dedicated to discovering and delivering innovative medicines and solutions for serious health issues. The Associate Director, Ventures will lead the strategic investment efforts, focusing on early-stage life science opportunities that align with AbbVie's R&D strategies.
BiotechnologyFinancial ServicesHealth CareMedicalPharmaceuticalVenture Capital
Responsibilities
Proactive opportunity sourcing: Build awareness regarding AbbVie and the Venture group amongst interconnected networks of early-stage life science focused venture investors and company creators, entrepreneurs, scientific founders, and accelerators/incubators globally
Participate in partnering meetings and conferences to identify and evaluate potential investment opportunities that are consistent with AbbVie R&D strategies
Contribute to deal flow management (triage, log and track opportunities) for internal reporting and knowledge sharing of external innovations
Deal evaluation and execution: Lead the assessment (in close collaboration with Search & Evaluation and Discovery Research teams) and drive the evaluation process and timeline, developing recommendations and proposals for senior management consideration, based on thorough technical review and unique insights
Assist in developing effective deal structure optionality, risk mitigation and negotiation strategies and ensure alignment with AbbVie objectives and functional management
Help drive the investment process and deal execution, including supporting the diligence team and cross-functional internal review to present the investment recommendation to the Investment Committee, negotiating deal documents and managing the closing process
Portfolio management: Participate in reviews and monitor AbbVie Ventures’ portfolio companies by keeping abreast of developments within the companies, building and maintaining good working relationships with executive management and the Board of Directors, and participating in Board meetings
Serve as an additional point of contact for portfolio companies within AbbVie to ensure alignment and engagement with key internal stakeholders
Qualification
Required
Advanced degree in the life sciences (PhD, MD, MD/PhD) with at least 3-5 years of postgraduate experience
Good understanding of the drug discovery, development, regulatory, and commercialization process for evaluation of pharmaceutical opportunities; should have rigorous scientific knowledge to objectively evaluate potential business opportunities
Exceptional talent and organizational skills to evaluate target opportunities and produce high quality analyses
Ability to drive projects to deliver timely results and follow through on commitments
Strong communication skills to effectively communicate business strategies and capabilities internally and externally, present individual and team recommendations clearly and concisely, and promote cross-functional communication
Proactive and engaging social and networking skills to reach out to a broad range of industry decision makers to keep abreast of emerging opportunities
Candidate must be able to act independently without daily onsite managerial supervision
This role will require domestic and international travel of ~25%
Preferred
Drug discovery experience is preferred, but not required, with ability to work across all AbbVie core areas of interest (oncology, immunology, neuroscience, specialty/obesity, aesthetics)
Investment experience in early-stage life science is preferred (focus on pre-Seed through Series B, including business incubation/company creation)
An established network and personal brand in the biopharma community preferred
Benefits
Paid time off (vacation, holidays, sick)
Medical/dental/vision insurance
401(k)
Company
AbbVie
AbbVie is a biopharmaceutical company focused on immunology, oncology, neuroscience, virology, and aesthetics. It is a sub-organization of AbbVie.
10001+ employees
H1B Sponsorship
AbbVie has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (273)
2024 (190)
2023 (225)
2022 (284)
2021 (186)
2020 (186)
Funding
Current Stage
Public CompanyTotal Funding
$15B2024-02-27Post Ipo Debt· $15B
2023-03-08Post Ipo Equity· $0.25M
2012-12-20IPO
Leadership Team
Robert Michael
Chairman of the Board and Chief Executive Officer
Micah Bregman
Vice President, Global Strategy and Pipeline, Allergan Aesthetics
Recent News
2026-01-20
2026-01-20
2026-01-20
Company data provided by crunchbase