Full-Time

Associate Director

340B Strategy & Innovation

AbbVie

AbbVie

10,001+ employees

Global biopharmaceutical company developing medicines

Compensation Overview

$141.5k - $268.5k/yr

Irvine, CA, USA

Hybrid

Hybrid role with on-site days in Irvine, CA; expect some in-person work weekly.

Bachelor's, Master's

Category
Business & Strategy (2)
,
Required Skills
Data Analysis

Get referred to AbbVie

See people who can refer or advise you

Requirements
  • Bachelor’s degree required; Master’s degree preferred.
  • Minimum of 7 years in the healthcare industry with significant 340B strategic and operational experience.
  • Experience working within the 340B program at a third-party administrator (TPA), hospital, or related 340B stakeholder organization.
  • Leadership experience and influencing cross-functional partners is essential for success.
  • Experience building and executing processes.
  • Candidates should have a working knowledge of the compliance and regulatory environment for manufacturers in the pharmaceutical space.
Responsibilities
  • Support both internal and external stakeholders in 340B related requests, disputes, and general inquiries
  • Develop investigative capabilities to initiate good faith engagements and manage 340B audits and ADR activity
  • Develop materials and studies to upskill the 340B knowledge of internal and external stakeholders
  • Inform advocacy efforts (federal, state, advocacy groups, and market influencers)
  • Work closely with the 340B COE Business Operations group to drive Center of Excellence deliverables
  • Member of a high-performing team, fostering a positive culture and ensuring high levels of cross-functional coordination and strategic/tactical planning through ongoing communications
  • Execute 340B strategies and enhancements to AbbVie policy; establish and monitor workstreams and provide leadership updates
  • Develop Good Faith Inquiry/Engagement processes and build a platform supporting incoming and outgoing inquiries
  • Partner with Legal to create an “audit-ready” process and documentation capture
  • Investigate anomalous activity to inform 340B COE initiatives, strategies, and policies
  • Support the COE’s 340B audit process (both initiation and response) and serve as the point of contact for third-party auditors
  • Scan the market for 340B growth trends and emerging tactics and recommend potential actions
  • Investigate internal 340B cases referred to the COE and work toward resolution
  • Collaborate with the 340B COE Business Operations group on initiatives and new findings
  • Monitor statutory and regulatory changes related to the 340B program and coordinate with stakeholders across the enterprise to ensure ongoing compliance
  • Work with AbbVie 340B federal and state legislation colleagues to provide guidance as needed
  • Develop data and analyses to support third-party advocacy efforts
  • Liaise with AbbVie’s Pipeline Team and Business Development to provide 340B insights
  • Develop organizational 340B training and increase enterprise 340B knowledge
  • Engage with external 340B stakeholders to support 340B related requests, disputes and general inquiries as it relates to Trade/Wholesale, AbbVie specific policies
  • Build strong internal relationships with key stakeholders including Legal, Government Affairs, Public Affairs, Finance, Market Access/Trade, Employer Teams, MABI, BTS, and others
  • Independently identify, troubleshoot, and resolve issues while exercising sound judgment and taking initiative with minimal oversight
Desired Qualifications
  • Master’s degree preferred
  • Experience with 340B strategy and operations in a leadership role
  • Ability to articulate a vision and strategy
  • Problem solving creativity and resourcefulness to think outside the box
  • Curious and persistent mindset, comfortable in ambiguity
  • Ability to simplify the complex and identify what's essential
  • Demonstrated ability to manage multiple projects in fast-paced, entrepreneurial environment
  • Ability to influence across functions to gain consensus on solutions
  • Excellent leadership, management and organizational skills, along with problem solving, conflict resolution and team building
  • Ability to effectively plan, prioritize, execute, follow up and anticipate problems
  • Ability to lead across multiple functions (sales, managed healthcare, trade, marketing)

AbbVie is a global biopharmaceutical company that develops and sells medicines to treat serious health conditions. Its portfolio spans immunology, oncology, virology, neuroscience, and aesthetics, with products designed to modulate the immune system, target disease pathways, or support medical aesthetics. AbbVie compounds its products through a heavy emphasis on research and development, investing billions to build a steady pipeline of new therapies. Its medicines are brought to market by selling to healthcare providers, hospitals, and clinics, and in some cases directly to patients via prescriptions. The company differentiates itself through a wide, globally distributed product line, substantial R&D investment, and a commitment to sustainability and patient care, including science-based targets. AbbVie’s goal is to improve patient outcomes by delivering effective treatments for unmet medical needs while pursuing long-term, responsible growth across healthcare markets.

Company Size

10,001+

Company Stage

IPO

Headquarters

North Chicago, Illinois

Founded

1888

Get referred to AbbVie

See people who can refer or advise you

Simplify Jobs

Simplify's Take

What believers are saying

  • Q2 2026 revenue reached $16.99 billion, up 10.2%, with EPS of $3.65.
  • AbbVie raised 2026 guidance to $13.87-$14.07 after broad strength across immunology and neuroscience.
  • Rinvoq and Skyrizi both grew above 23% operationally, showing durable post-Humira momentum.

What critics are saying

  • Humira sales fell 36.1% in Q2 2026; biosimilars keep compressing cash flows.
  • Imbruvica dropped 29.4% in Q2 2026, exposing oncology weakness and IRA pricing damage.
  • Apogee dilutes adjusted EPS through 2027; if Skyrizi stalls, AbbVie loses its bridge.

What makes AbbVie unique

  • Skyrizi and Rinvoq delivered $8.0 billion in Q2 2026, replacing Humira.
  • AbbVie completed Apogee on September 3, 2026, adding long-acting immunology assets.
  • Etentamig posted 74% response in Phase 3 multiple myeloma, broadening oncology optionality.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Remote Work Options

Flexible Work Hours

Professional Development Budget

Growth & Insights and Company News

Headcount

6 month growth

5%

1 year growth

5%

2 year growth

5%
Yahoo Finance
Sep 10th, 2026
AbbVie shifts focus from declining Humira to $8B Skyrizi and Rinvoq growth engines

AbbVie has dramatically shifted its focus away from Humira, its once-flagship drug now facing biosimilar competition. On the company's July 2026 earnings call, Humira received just one sentence, noting global sales of $706 million, down 36.1% operationally but in line with expectations. This marks a stark change from previous quarters when management detailed the reasons behind Humira's decline, including biosimilar competition and molecule compression in the US market. AbbVie now emphasises growth drivers instead. Skyrizi generated $5.5 billion in Q2 2026, whilst Rinvoq exceeded $2.5 billion, both growing above 20% operationally. The company also acquired Apogee Therapeutics in September 2026. Despite the reduced attention, Humira still contributes approximately 4% of AbbVie's quarterly revenue of nearly $17 billion, though management no longer publicly projects its ultimate decline trajectory.

Yahoo Finance
Sep 9th, 2026
Billionaire hedge fund manager doubles down on AbbVie and Costco dividend stocks

Israel Englander's Millennium Management more than doubled its stakes in AbbVie and Costco during the second quarter. AbbVie's revenue grew 10.2% year-over-year to $17 billion in Q2, driven by immunology drugs Skyrizi and Rinvoq. The company recently acquired Apogee Therapeutics for $10.9 billion in cash and is developing ABBV-295, a monthly weight-loss treatment. AbbVie is a Dividend King with over 50 consecutive years of payout increases. Costco's Q3 fiscal 2026 revenue rose 11.6% to $70.5 billion, with comparable sales up 9.8%. The company has raised dividends for 22 consecutive years. However, Costco shares are down 4% over the past year whilst trading at 40.8 times forward earnings, above the consumer staples average of 21.6 times. Both companies maintain strong fundamentals despite different market challenges.

Yahoo Finance
Sep 8th, 2026
AbbVie beats Pfizer as top dividend stock with 53-year payout streak and 203% growth

AbbVie offers a smarter long-term dividend investment than Pfizer, despite Pfizer's higher 6.1% yield. AbbVie holds Dividend King status with 53 consecutive years of dividend increases and raised its payout by 5.5% this year to $1.73 per share. Over the past decade, AbbVie increased its dividend by more than 203% compared to Pfizer's 51%. AbbVie's revenue grew 138% during this period, whilst Pfizer's rose just 18%. AbbVie successfully navigated Humira's patent cliff through home-grown immunology drugs Skyrizi and Rinvoq. By 2025, these two drugs generated combined annual sales exceeding $25 billion, replacing Humira's peak revenue and pushing total company revenue to record highs. AbbVie's free-cash-flow dividend payout ratio stands at 65%, lower than Pfizer's 89%.

INSURASALES
Sep 5th, 2026
Manufacturers Life Insurance buys $655M stake in AbbVie as institutions boost pharma holdings

The Manufacturers Life Insurance Company acquired a $655.27 million stake in AbbVie Inc., according to its latest SEC Form 13F filing. Other institutional investors also increased their positions significantly during the same period. Norges Bank acquired a new $5.87 billion position, whilst Wellington Management Group boosted its holdings by 457.4%. AbbVie reported quarterly earnings per share of $3.65, exceeding forecasts, with revenue growth of 10.2% year over year. The company generated $16.99 billion in revenue last quarter, surpassing expectations. Equity analysts maintain a bullish outlook. Barclays, Wolfe Research, and BMO Capital Markets each set price targets of $300, with ratings of "overweight" or "outperform". The consensus rating is "Moderate Buy". Institutional investors currently hold 70.23% of AbbVie's shares, reflecting confidence in the biopharmaceutical company's strategy and performance.

PharmTech
Sep 4th, 2026
AAPS PharmSci 360: CMC strategies, part 1.

AAPS PharmSci 360: CMC strategies, part 1. In a preview of their panel discussion at AAPS PharmSci 360 2026, Alfred Rumondor, PhD, AbbVie, and Swita Singh, PhD, Bristol Myers Squibb, discussed how CMC review practices are evolving and what that means for manufacturing strategy. PharmTech spoke with Alfred Rumondor, PhD, CMC due diligence for external assets at AbbVie, and Swita Singh, PhD, Senior Director and Strategic CMC Leader at Bristol Myers Squibb, to learn more about their upcoming panel discussion, Navigating CMC Strategy in the Current Landscape, at, which is being held from October 25-28 in New Orleans. In part 1 of this 3-part interview, Rumondor and Singh discussed how chemistry, manufacturing, and controls (CMC) review practices are evolving and what that means for manufacturing strategy. Singh identified the most consequential shift as a move from informal, reviewer-dependent flexibility to formal, risk-based flexibility applied consistently across the product life cycle. She pointed to Operation TrailBlazer and updated phase 1 CMC guidance as examples, stating they are reducing required manufacturing data pre-investigational new drug application (IND). Singh also pointed out that cell and gene therapy programs no longer need 3 independent process performance qualification batches and can flex specifications for small-batch production. AI-driven tools and emerging credibility frameworks are reinforcing this trend by helping generate cleaner data packages for faster, more consistent regulatory decisions. Singh cautioned, however, that companies must build "risk justification muscle" rather than simply accepting flexibility at face value. Reduced requirements should be treated as deferral, not elimination, of data obligations; organizations need clear plans for when deferred data will be generated and which milestones trigger it. She emphasized investing early in comparability infrastructure, leveraging platform and prior-knowledge pathways, and engaging proactively with regulators. Rumondor addressed the pressure to compress development timelines. He argued the real question isn't whether compression is safe, but how to do it properly by working smarter rather than skipping steps. He cited premature form selection without adequate screening as a common shortcut that later may bring costly bridging and comparability studies, increasing both timeline and program risk. Compressed timelines are achievable, but only when teams rigorously plan the full development path upfront, according to Rumondor. About the speakers. Alfred Rumondor, PhD, is Director, Development Sciences Licensing and Acquisitions, at AbbVie. Dr. Swita Singh holds a Ph.D. in Pharmaceutical Sciences and brings over fifteen years of distinguished expertise in Chemistry, Manufacturing, and Controls (CMC) development across biologics, antibody drug conjugates, and small molecules, with a proven record of driving strategic initiatives, optimizing complex business processes, and leading cross-functional teams to achieve regulatory and operational excellence. Recognized for delivering innovative, end-to-end CMC strategies that guide programs from early clinical development through successful commercialization, she has cultivated talent and shaped organizational culture throughout her career, while her commitment to stakeholder communication and cross-functional collaboration has consistently advanced program objectives across the industry. Having built her expertise at Pfizer and Eli Lilly and Company, Dr. Singh currently serves at Bristol Myers Squibb (BMS), where she continues to lead CMC strategy in support of transformative therapeutic development.