Manager Business Development
Location: Goregaon
Reporting to: DGM Business Development
Experience: 5-7 years of Experience in the pharmaceutical, healthcare, life sciences, CDMO, or related industries, with exposure to Africa region and B2B business development, will be preferred.
Qualification: Graduate in Pharma/Science, MBA preferred
Job Role:
Business Development
- Identify and develop new business opportunities by exploring untapped and high-potential customers to expand the organization's client base and drive long-term growth.
- Lead and support commercial discussions and negotiations for Confidentiality Agreements (CDAs), Term Sheets, and definitive agreements in collaboration with internal stakeholders.
- Work closely with the Portfolio Management team to identify and evaluate potential molecules and business opportunities.
- Monitor and analyze changes in market dynamics, industry trends, and customer requirements.
- Prepare business cases and collaborate with the Costing team to develop and submit commercial proposals and quotations.
- Develop client-specific and market-specific presentations and business proposals.
- Assess and identify potential markets, products, molecules, and business models for expansion.
- Coordinate with the Regulatory Affairs team to ensure timely product registrations, re-registrations, and site approvals.
- Collaborate with the Project Management team for evaluation, planning, and execution of new projects within assigned territories.
2. Market Intelligence & Competitive Analysis
- Monitor market share trends, pricing movements, price erosion, and competitor offerings.
- Conduct competitive analysis using industry databases and market intelligence tools such as IQVIA (IMS), EXIM data, Pharma Compass, primary research, and other relevant sources.
- Develop an understanding of local regulatory requirements, Ministry of Health (MOH) guidelines, and market access processes across various geographies.
- Coordinate with overseas clients, distributors, and partners on business-related activities and market opportunities.
3. Sales & Relationship Management
- Build and maintain strong relationships with existing customers and business partners through regular engagement and proactive account management.
- Achieve sales targets and revenue objectives for assigned markets and territories.
- Prepare and maintain monthly MIS reports, including budget tracking, operating expenses (OPEX), long-range planning, sales reviews, pipeline updates, and commercial performance reports.
- Manage commercial documentation and approvals, including payment requisitions, transfer pricing forms, MOQ requests, and other related processes.
- Coordinate execution of legal agreements for new customers and amendments/addendums for existing customers and products.
4. Cross-Functional Coordination
- Monitor and coordinate day-to-day business activities, including shipments, regulatory queries, customer requests, and operational follow-ups.
- Work closely with Alliance Management, Supply Chain, Logistics, and other functions to ensure seamless customer service and supply continuity.
- Coordinate with cross-functional teams for order execution, product launches, and project implementation.
- Schedule and facilitate customer meetings, teleconferences, and internal stakeholder discussions to ensure effective communication and timely decision-making.
5. Payment & Receivables Management
- Ensure timely collection of payments from customers in accordance with agreed payment terms.
- Monitor outstanding receivables and proactively follow up on overdue payments while maintaining strong customer relationships.
6. Operational Management
- Coordinate with internal and external stakeholders on costing, pricing, financial transactions, and commercial activities.
- Monitor monthly export production plans and align order priorities with business requirements.
- Collaborate with Alliance Management, Supply Chain, and Logistics teams to ensure timely order fulfillment and shipment execution.
- Track and ensure timely recovery of outstanding and overdue receivables.