Strategy Associate - Pharma Business

Biological E Ltd is hiring for Strategy Associate.

We are looking for candidates from Pharma/ Biotech industry only.

Main purpose of the Job:

The Strategy Associate will support the Strategy Head in formulating and executing marketing strategies, identifying new revenue channels, and expanding the company's product portfolio. This role is pivotal in driving revenue growth and strengthening our position in the Indian Pharma Market

• Strategic Planning and Execution:

• Assist in developing short-term and long-term strategic plans for all the Sales & Marketing divisions in the company by aligning with all divisional heads
• Collaborate with cross-functional teams to implement strategic initiatives and monitor their effectiveness

• Market Research and Analysis:

• Conduct comprehensive market analysis to identify trends, opportunities, and competitive landscapes within the Indian pharmaceutical Market
• Provide insights and recommendations based on market data to inform strategic decisions

• New Revenue Channels Identification:

• Explore and evaluate potential new revenue streams, including partnerships, collaborations, and new market segments
• Develop business cases and feasibility studies for proposed initiatives

• Portfolio Expansion:

• Identify opportunities to expand the company's product portfolio in line with market demands and company capabilities
• Coordinate with Sales, Regulatory, Medical and Marketing teams to bring new products from concept to launch

• Business Development:

• Support the identification and evaluation of in-licensing, co-development, and strategic alliance opportunities for the company
• Assist in negotiations and manage relationships with potential partners and stakeholders

• Performance Monitoring:

• Track and analyze the performance of implemented strategies and business development activities on a monthly basis
• Prepare reports and presentations for senior management, highlighting progress, challenges, and recommendations.

Candidate desired skills:

• Educational Qualifications:

• MBA from Tier II management schools, including NIPER, IHMR, or other top pharmaceutical management institutions

• Experience:

• 1-4 years of experience in strategy development, business development, or related roles within the Indian Pharma Market

• Preferred Skills:

• Strong analytical and research skills with proficiency in data analysis and insights generation
• Strong project management skills with an ability to manage multiple projects
• Good proficiency in Microsoft Office Suite (Word, Excel, PowerPoint), with an ability to develop detailed and comprehensive PPTs for leadership
• Familiarity with business development processes, including due diligence and financial modeling
• Understanding of the Indian pharmaceutical market dynamics, regulatory environment, and product lifecycle management

• Behavioral Skills:

• Excellent communication and interpersonal skills
• Ability to work collaboratively in a cross-functional team environment
• Strong problem-solving abilities and strategic thinking
• Willingness to learn and grow with the company