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External Innovation Pharmaceutical Jobs (NOW HIRING)

Novartis

Senior Principle, Innovation Scout

Cambridge, MA · Hybrid

$119K - $171K/yr

Acting as a bridge between the external innovation landscape and internal strategic priorities, the ... Minimum 5+ years' experience in the life sciences / pharmaceutical industry * Advanced degree in a ...

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External Innovation Pharmaceutical information

What are the key skills and qualifications needed to thrive as an External Innovation Specialist in the pharmaceutical industry, and why are they important?

To excel as an External Innovation Specialist in pharmaceuticals, you need a strong scientific background, expertise in drug development, and knowledge of partnership or licensing processes, typically backed by an advanced degree in life sciences or related fields. Familiarity with databases for scouting technologies, intellectual property management systems, and project management tools is highly valued. Outstanding networking, negotiation, and analytical thinking skills set professionals apart in this collaborative and strategic role. These capabilities are crucial for identifying and securing external opportunities that drive innovation and long-term growth in a competitive industry.

What is external innovation in the pharmaceutical industry?

External innovation in the pharmaceutical industry refers to the process by which companies seek new ideas, technologies, or products from outside their own organization. This often involves collaborating with academic institutions, biotech startups, or other pharmaceutical companies through partnerships, licensing agreements, or acquisitions. The goal of external innovation is to accelerate drug discovery and development, reduce costs, and bring innovative medicines to market more efficiently. It complements internal research and development efforts by leveraging external expertise and resources.

How does the External Innovation role in pharmaceuticals typically collaborate with internal R&D and external partners?

In an External Innovation Pharmaceutical role, professionals act as a bridge between internal research teams and external partners such as biotech firms, academic institutions, and startups. Collaboration involves identifying promising technologies or assets outside the company, facilitating due diligence, and aligning external opportunities with internal R&D objectives. Regular cross-functional meetings and joint project teams are common, ensuring transparent communication and alignment of goals. This collaborative approach accelerates innovation while managing potential risks and intellectual property concerns.

What is the difference between External Innovation Pharmaceutical vs External Innovation Pharmaceutical?

AspectExternal Innovation Pharmaceutical

Since the comparison is with the same job title, there is no difference between External Innovation Pharmaceutical and External Innovation Pharmaceutical. Both roles focus on identifying and collaborating with external partners to drive pharmaceutical innovation, requiring similar credentials, work environment, and industry usage. This role typically involves liaising with biotech firms, academic institutions, and other external entities to source new drug candidates or technologies, making it a key position in pharmaceutical R&D collaborations.

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External Innovation Pharmaceutical jobs near you
Infographic showing various External Innovation Pharmaceutical job openings in the United States as of June 2026, with employment types broken down into 36% Full Time, 59% Part Time, and 5% Contract. Highlights an 89% Physical, 5% Hybrid, and 6% Remote job distribution.

VP / Sr. Director Corporate Development and External Innovation, North America.

Pioneer Data

Summit, NJ • On-site

Contractor

Posted 6 days ago

Job description

Position Details:
Our client, a world-leading Pharmaceutical Company in Summit, NJ is currently looking for a VP Corporate Development and External Innovation, North America to join their expanding team.
 
Position 1:
Job Title: VP Corporate Development and External Innovation, North America
Duration: 12 months contract, extendable up to 24 Months
Location: Summit, NJ 
Hybrid (3 days onsite, 2 days remote)
 
Note:
The client has the right-to-hire you as a permanent employee at any time during or after the end of the contract.
You may participate in the company group medical insurance plan

Job Description:
VP Corporate Development and External Innovation, North America
Work Arrangement: Hybrid (3 days onsite, 2 days remote)
 
Description:
M&A strategy, target identification, and transaction execution (buy/sell, JV, minority)
Financial modeling, valuation, and deal structuring
Strategic fit and synergy assessment aligned to enterprise priorities
Executive and Board-level communication and decision support
Cross-functional leadership of diligence, integration, and separation
Post-merger value capture, integration governance, and performance tracking
External relationship management (bankers, investors, legal, PE)
15+ years of experience; BA degree required
 
Position 2:
Job Title: Sr. Director - Corporate Development, International
Duration: 12 months contract, extendable up to 24 Months
Location: Summit, NJ 
Hybrid (3 days onsite, 2 days remote)
 
Job Description:
Sr. Director - Corporate Development, International
Work Arrangement: Hybrid (3 days onsite, 2 days remote)
 
Description:
M&A strategy, target identification, and transaction execution (buy/sell, JV, minority)
Financial modeling, valuation, and deal structuring
Strategic fit and synergy assessment aligned to enterprise priorities
Executive and Board-level communication and decision support
Cross-functional leadership of diligence, integration, and separation
Post-merger value capture, integration governance, and performance tracking
External relationship management (bankers, investors, legal, PE)
10+ years of experience; BA degree required