Head of Johnson & Johnson Innovation - JLABS, Canada

Johnson & Johnson Innovative Medicine (JJIM) is recruiting for a Head of Johnson & Johnson Innovation - JLABS, Canada, located in Toronto, Canada.

At Johnson & Johnson, we believe health is everything. Our strength in healthcare innovation empowers us to build a world where complex diseases are prevented, treated, and cured, where treatments are smarter and less invasive, and solutions are personal. Through our expertise in Innovative Medicine and MedTech, we are uniquely positioned to innovate across the full spectrum of healthcare solutions today to deliver the breakthroughs of tomorrow, and profoundly impact health for humanity. Learn more at https://www.jnj.com/.

For more than 130 years, diversity, equity & inclusion (DEI) has been a part of our cultural fabric at Johnson & Johnson and woven into how we do business every day. Rooted in Our Credo, the values of DEI fuel our pursuit to create a healthier, more equitable world. Our diverse workforce and culture of belonging accelerate innovation to solve the world’s most pressing healthcare challenges.

We know that the success of our business – and our ability to deliver meaningful solutions – depends on how well we understand and meet the diverse needs of the communities we serve. Which is why we foster a culture of inclusion and belonging where all perspectives, abilities and experiences are valued and our people can reach their potential.

At Johnson & Johnson, we all belong.

The goal of Johnson & Johnson Innovation is to advance transformative healthcare solutions that improve the lives of people around the world and, in so doing, to deliver value to Johnson & Johnson (“J&J”). JJI accomplishes this by catalyzing new science and technology through collaboration and exchange of ideas. This growing team is looking for a colleague inspired to help build and innovate new ways of fostering a productive life-science ecosystem.

This position will be responsible for setting the strategic direction and overseeing all portfolio and business operational activities for JLABS, Canada. The site head will lead a team that will foster innovation and deep scientific/drug and device development, locally, regionally, and globally. Importantly, this position will leverage J&J’s expertise to build, grow and accelerate opportunities into the portfolio and be part of the Global Johnson & Johnson Innovation - JLABS leadership team.

Johnson & Johnson Innovation – JLABS (JLABS) is the largest global network of open innovation ecosystems, enabling and empowering emerging companies with the knowledge, experience, partnerships, and venture connections across a broad healthcare spectrum including pharmaceutical, medical device, and health tech sectors. Our goal is to catalyze and accelerate the delivery of lifesaving, life-enhancing solutions to patients around the world. JLABS is a no-strings-attached model, which means innovators are free to develop their science and technology while holding on to their intellectual property. JLABS also produces campaigns to seek out the best science and technology called QuickFire Challenges.

Key areas of responsibility related to leading JLABS, Canada:

• Lead the strategy, the operational activities, and the team to deliver on the business objectives including financial performance measures, portfolio metrics and marketing/branding deliverables
• Responsible for the sourcing, evaluation and selection of companies in the JLABS Toronto site, ensuring a strong portfolio of innovators that align with current and future J&J R&D strategy, in partnership with the Scientific Engagement Lead
• Lead strategy visioning, site culture and company engagement
• Lead a matrix team of diverse functional experts through influencing, aligned goals & objectives, and mentoring, to ensure site success
• Deliver financial forecasts and performance including revenues and operational expenditures
• Execute on strategic plan and identify future growth and expansion opportunities
• Media relations
• Internal collaboration with each of Johnson & Johnson sectors, including pharm, medical device, and other internal capabilities
• Internal collaborations with the JJI East North America and the JJI West North America to complete deals strategic to the J&J portfolio strategy
• Venture Sourcing & Development within Johnson & Johnson’s two sectors (Pharma, Medical Device)
• Maintain strong relationships with site and regional partner organizations
• Maintain strong relationship with internal J&J stakeholders in Canada and globally and function as the JLABS representative for site governance
• Actively engage with start-up companies as an advisor and scout for opportunities for J&J to partner directly with the companies
• Build relationships with Venture Capital, Angel Funds, Government Agencies, and other non-dilutive funders to create opportunities for them to engage with JLABS resident companies
• Function as spokesperson for the site and relevant subject matter expert
• Drive internal collaboration with each of J&J sectors, including Innovative Medicine, MedTech, and other internal capabilities
• Manage portfolio of resident companies and network them across internal and external networks and channels
• Managing the performance of 25-50 external collaborators