Job Description SummaryThe Managing Director, Business Development, Pharmaceutical Diagnostics (PDx) will be responsible for driving the PDx segment’s strategy to grow in core and adjacent market segments by managing a pipeline of inorganic growth initiatives including strategic alliances, partnerships, licensing, external funding, mergers and acquisitions and minority investments.

Job Description

Responsibilities:

Manage all aspects of inorganic strategy deployment for assigned business units, including market evaluation, target identification, screening, due diligence, structuring, negotiation and closingLead cross-functional teams, including marketing, engineering, finance, legal, supply chain, service, and HR in support of the evaluation and execution planning for M&A. Effectively manage communication and alignment with key internal stakeholders for assigned business unitsEffectively lead team of direct reports in delivering on business development goals of assigned business units, providing coaching and development to build talent pipeline of functionSteward an effective decision making and approval process alongside GE’s corporate business development team in evaluation and execution of M&A transactions for assigned business unitsFacilitate smooth transition of knowledge, integration responsibilities, and operating goals and objectives to business and functional leaders responsible for post-closing managementCommunicate recommended inorganic strategies and business plans to executive leadership teamsMonitor integration status of transactions that have closed within the prior two yearsBuild and maintain effective network of stakeholders within markets of interest to assigned business units; utilize network to build strong understanding of market fundamentals, trends, and valuationPromote utilization and continuous improvement of standardized business development practices, tools, and document retention policies

Experience:

BA or BS degreeMinimum 10 years of experience and with a minimum of 5 years of relevant business development experience in a corporate, investment banking, or consulting environmentHealthcare/medical device/medtech industry experienceStrong communication and interpersonal skillsDemonstrated experience in sourcing, negotiating, and closing multiple, material M&A transactionsDemonstrated aptitude for both managing and prioritizing multiple projects and initiativesTeam leadership, project management and facilitation skills in a matrixed organization and interacting with senior executives, both internally and externallyStrong problem-solving skillsClear thinking: Proven experience simplifying strategy into specific actions with clear accountability, making decisions with speed and accuracy despite ambiguity based on best available information, and communicating priorities clearly and concisely

Preferred characteristics:

MBA qualificationBiopharmaceutical, specialty pharmaceutical, and/or imaging agents industry experienceExperience in the domain of establishing or managing partnership programs

For U.S. based positions only, the pay range for this position is $252,000.00-$378,000.00 Annual. It is not typical for an individual to be hired at or near the top of the pay range and compensation decisions are dependent on the facts and circumstances of each case. The specific compensation offered to a candidate may be influenced by a variety of factors including skills, qualifications, experience and location. In addition, this position may also be eligible to earn performance based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI). GE HealthCare offers a competitive benefits package, including not but limited to medical, dental, vision, paid time off, a 401(k) plan with employee and company contribution opportunities, life, disability, and accident insurance, and tuition reimbursement.

GE HealthCare offers a great work environment, professional development, challenging careers, and competitive compensation. GE HealthCare is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.

GE HealthCare will only employ those who are legally authorized to work in the United States for this opening. Any offer of employment is conditioned upon the successful completion of a drug screen (as applicable).

While GE HealthCare does not currently require U.S. employees to be vaccinated against COVID-19, some GE HealthCare customers have vaccination mandates that may apply to certain GE HealthCare employees.

Relocation Assistance Provided: Yes

Application Deadline: February 20, 2026