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Reporting directly to the worldwide chairman of pharmaceuticals, the pharmaceuticals licensing and acquisitions team identifies, negotiates and executes opportunities for the entire pharmaceuticals business. Comprised mostly of medical doctors and Ph.D. scientists, this team helps potential partners identify and work with the Johnson & Johnson business unit most likely to be interested in a specific project. The team also has established an alliance management organization to ensure healthy long-term relationships with partners.
Our pharmaceutical companies approach each partnering situation as a unique opportunity. Our business development specialists avoid standardized deals. They focus on the success of the products and the long-term goals of both partners. Licensing and acquisitions specialists secure support from senior management early in the process and deploy a strong cross-functional team to help ensure all licensing agreements can be closed within three to six months. Once transactions are completed, business development professionals at the operating company level integrate the new technology or product into the Johnson & Johnson company's portfolio.
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