Business Development Manager

Bhakra Pharmaceutical; India; On-site; INR 800,000 - 1,600,000; Full time

Benefits offered by this job

Lead new business verticals

Performance-based pay

Exposure to pharmaceutical markets

Career growth opportunities

Job summary

Bhakra Pharmaceutical in India is seeking a dynamic Business Development professional to identify and develop new business opportunities in pharmaceutical and healthcare markets, build relationships with distributors, hospitals, doctors, and corporate clients, and drive revenue.

The role requires traveling, strong communication and negotiation skills, and the ability to coordinate with cross-functional teams to execute strategies and achieve targets.

Qualifications

• Bachelor's degree in Pharmacy, Life Sciences, Business Management, Marketing, or related field.
• MBA in Marketing / Business Development will be an advantage.
• 38 years of experience in pharmaceutical, healthcare, API, formulation, nutraceutical, or related industries.
• Strong existing network within the pharmaceutical/healthcare industry will be preferred.
• Demonstrated ability to generate new business and close commercial deals.
• Excellent communication, presentation, negotiation, and relationship-management skills.
• Strong commercial understanding and ability to analyze market opportunities.
• Willingness to travel extensively for client meetings and market development.
• Self-driven, target-oriented, and capable of working independently.

Responsibilities

• Identify and develop new business opportunities in pharmaceutical and healthcare markets.
• Build and maintain strong relationships with distributors, stockists, hospitals, institutions, doctors, pharmacies, corporate clients, and other relevant stakeholders.
• Identify potential markets, territories, products, and customer segments for business expansion.
• Generate leads through market visits, networking, references, digital channels, exhibitions, conferences, and industry contacts.
• Develop and execute territory-wise and customer-wise business development strategies.
• Negotiate commercial terms, pricing, margins, contracts, and business agreements within company guidelines.
• Coordinate with sales, marketing, production, regulatory, supply chain, and finance teams to ensure smooth execution of new business.
• Track market trends, competitor activities, pricing, product launches, and customer requirements.
• Prepare business proposals, presentations, quotations, and commercial offers.
• Achieve monthly, quarterly, and annual revenue and business development targets.
• Maintain accurate records of leads, prospects, negotiations, and sales pipeline.
• Develop long-term strategic partnerships and identify opportunities for product portfolio expansion.
• Regularly report business development activities, pipeline, forecasts, and achievements to management.

Education

Bachelor's degree in Pharmacy, Life Sciences, Business Management, Marketing, or related field

MBA in Marketing / Business Development (advantage)

Strong communication, negotiation, and relationship-management skills

Willingness to travel extensively

Job description

• dentify and develop new business opportunities in pharmaceutical and healthcare markets.


• Build and maintain strong relationships with distributors, stockists, hospitals, institutions, doctors, pharmacies, corporate clients, and other relevant stakeholders.


• Identify potential markets, territories, products, and customer segments for business expansion.


• Generate leads through market visits, networking, references, digital channels, exhibitions, conferences, and industry contacts.


• Develop and execute territory-wise and customer-wise business development strategies.


• Negotiate commercial terms, pricing, margins, contracts, and business agreements within company guidelines.


• Coordinate with sales, marketing, production, regulatory, supply chain, and finance teams to ensure smooth execution of new business.


• Track market trends, competitor activities, pricing, product launches, and customer requirements.


• Prepare business proposals, presentations, quotations, and commercial offers.


• Achieve monthly, quarterly, and annual revenue and business development targets.


• Maintain accurate records of leads, prospects, negotiations, and sales pipeline.


• Develop long-term strategic partnerships and identify opportunities for product portfolio expansion.


• Regularly report business development activities, pipeline, forecasts, and achievements to management.

Preferred candidate profile

• Bachelor's degree in Pharmacy, Life Sciences, Business Management, Marketing, or a related field.


• MBA in Marketing / Business Development will be an advantage.


• 38 years of experience in pharmaceutical, healthcare, API, formulation, nutraceutical, or related industries.


• Strong existing network within the pharmaceutical/healthcare industry will be preferred.


• Demonstrated ability to generate new business and close commercial deals.


• Excellent communication, presentation, negotiation, and relationship-management skills.


• Strong commercial understanding and ability to analyze market opportunities.


• Willingness to travel extensively for client meetings and market development.


• Self-driven, target-oriented, and capable of working independently.

Perks and benefits

• Opportunity to build and lead new business verticals.


• Performance-linked earning potential.


• Exposure to pharmaceutical markets and strategic business development.


• Opportunity for career growth within a growing pharmaceutical organization.