03 Nov
|
Talent Corner HR Services
|
Mumbai
03 Nov
Talent Corner HR Services
Mumbai
Job Title: Manager Business Development
- Formulations Industry: Pharmaceuticals Products: Finished Formulation Offerings Tablet, Syrup, Cream, Capsule etc., Type: B2B ( To Pharma Marketing companies)
Location:
Mumbai Bhandup West Area Served: Pan India Travelling Required: Yes
Experience:
7+ years
Salary:
Up to 10 LPA + Target based incentives Timings: 10 am to 6 pm Week Off: Saturday & Sunday (Saturday working in case of emergency wok) Reports to: Senior Manager – Operations Key Result Areas:
- Understanding the company's product basket and identifying its placement in pharmaceutical market dynamics.
- Successfully closing business deals and partnerships.
- Effective team and project management.
- Achieving business targets in API and Formulations along with departmental team. Roles &
Responsibilities:
Business Development (Domestic Markets)
- Identify and evaluate potential business opportunities in Domestic markets for company’s lineage of Finished formulations offered on outsourcing arrangements.
- Understand the company’s formulation product mix and pharmacology of the molecules and combinations.
- Conduct online and offline market research and competitive analysis for potential markets for promotion of finished formulations to pharma marketing companies.
- Develop and execution of business development strategies in alignment with departmental and company goals.
- Identify and evaluate, potential partnerships and supply agreements.
- Plan business tours domestically to meet existing and new business clients for presenting current concepts formulations.
- Represent the company at business promotional events, trade shows and networking events within the country.
- Build and maintain relationships with key customers and stakeholders in the pharmaceutical industry.
- Stay informed about emerging regulatory guidelines in Domestic markets and scientific advancements that could impact business opportunities.
- Prepare and present business performance and MIS reports to senior management.
- Help achieve Year-over-year revenue targets and growth in market share
- Enhance New customer acquisition rate
- Contribute to the company's overall Finished Formulations Outsourcing
- domestic business strategy Team Management
- Train and Manage a team of business development executives for Domestic markets.
- Mentor and foster a culture continuous improvement within the business development team.
- Set performance goals and conduct regular performance evaluations of team and help them achieve their KPI’s.
- Collaborate with cross-functional teams including New Product Development, Operations, Ethical Sales, to drive business development initiatives forward.
Other Business Development Support
- Liasoning with creative designers & media agencies for designing promotional content, website content, social media engagements for formulations basket promotion.
- Any other tasks pertaining to Business development or Business development support.
Requirements:
Educational
Qualifications:
- Bachelor's degree in Pharmacy/Chemistry (mandatory)
- MBA/Master's degree in Marketing or related field (preferred)
- Professional certifications in pharmaceutical marketing (advantageous) Work
Experience:
- Minimum 7+ years of experience in pharmaceutical marketing
- At least 4 years of experience in formulations marketing or B2B / Institutional sales.
- Proven track record in achieving business growth targets Technical Skills
- In-depth knowledge of pharmaceutical industry and bulk drug market
- Strong understanding of regulatory requirements and compliance
- Proficiency in market research and data analysis
- MS Office & presentation skills Soft Skills & Additional Requirement:
- Excellent leadership and team management abilities
- Strong negotiation and relationship-building skills
- Outstanding communication and presentation skills
- Strategic thinking and problem-solving capabilities
- Willingness to travel (Within India) as and when required Recruiter Details: Name: Sri Gatla Share your updated CV to Email:
[email protected] Watsapp: (phone hidden) (No calls please)
📌 Business Development Manager (Mumbai)
🏢 Talent Corner HR Services
📍 Mumbai