Team Member - Business Development

Job Title

Job Grade

Department

Location

Manager’s Job Title

Function Head Title

Position Type

Business Unit

Job Summary

Areas Of Responsibility

• Participation in evaluation and presentation of business opportunities across therapeutic areas to establish licensing collaboration for India
• evaluation and due diligence of business opportunities of interest as required. These business interests primarily comprises of in-licensing and M&A opportunities
• Responsibility includes tracking developments for products/collaboration and its commercialisation
• Collaborate with cross-functional teams in R&D, PMO, Medical affairs, IP, Clinical Research, Business, New Product Introductions, Regulatory etc., to collect relevant data on assessing the project feasibility
• Estimate the product costing in and take necessary approvals.
• Ensure complete alignment between partner companies and internal teams including R&D team, Sourcing team, Marketing team and various cross-functional teams to ensure the delivery timelines for new product launches
• Validate the actual launch performance against initial business assumptions.
• Manage the partnerships at all stages of their lifecycle with a focus on mutual value creation
• Ensure decision making is informed by contract terms with partner, partner’s point of view, and any other factors that could affect partnership value
• Proactively identify and drive resolution of key partnership risks and issues
• Maintain accurate records and documentation related to business development activities
• Stay updated with industry trends, attend workshops or conferences, and share key findings with the team
  

Skills And Qualifications

• Post-graduation in pharmacy or related science discipline and a degree management (MBA preferred)
• 1-2 years of progressive career with 3-4 years’ experience in business development, licensing or managing partnerships and collaborations
• Strong problem solving , financial business modeling knowledge
• Familiarity with the pharmaceutical industry and market dynamics
• Strong analytical and research skills to gather and analyze market data
• Strong interpersonal skills and business acumen
• Excellent communication and interpersonal skills
• Ability to work collaboratively in a team environment
• Detail-oriented with strong organizational and time management skills
• Ability to adapt to changing priorities and work under deadlines
• Enthusiasm for learning and keeping up with industry developments
  

Job Scope

Internal Interactions (within the organization)

External Interactions (outside the organization)

Geographical Scope

Job Requirements

Educational Qualification

• Post-graduation in pharmacy or related science discipline and a degree management (MBA preferred)
  

Experience

• 1-2 years of progressive career with 3-4 years’ experience in business development, licensing or managing partnerships and collaborations
  

Disclaimer: