Business Development Manager

Confidential Careers; Jeddah; On-site; SAR 150,000 - 200,000; Full time

Job summary

A leading firm in the pharmaceutical sector in Jeddah seeks a Business Development Manager to identify opportunities and drive revenue growth. You will collaborate with various teams to design and execute strategies, build partnerships, and enhance market presence. The ideal candidate holds a Bachelor's degree in pharmacy and has proven experience in business development or sales in healthcare. Strong communication and analytical skills are essential.

Qualifications

• Proven experience in business development or sales in the pharmaceutical sector.
• Strong understanding of pharmaceutical products and regulatory requirements.
• Excellent negotiation and interpersonal skills.

Responsibilities

• Identify new business opportunities in the pharmaceutical sector.
• Develop strategies to acquire new clients and partners.
• Collaborate with internal teams for product launch strategies.

Skills

Strategic thinking

Relationship management

Communication skills

Analytical mindset

Education

Bachelor’s degree in pharmacy or related field

Job description

Job Summary

The Business Development Manager (BDM) in the pharmaceutical sector is responsible for identifying new business opportunities, building strategic partnerships, and driving revenue growth. The BDM will work closely with internal teams, including marketing, sales, and regulatory affairs, to expand market presence and achieve business targets.

Key Responsibilities

Market Analysis & Opportunity Identification

• Conduct market research to identify potential clients, emerging trends, and new therapeutic areas.
• Analyze competitor activities, pricing strategies, and market demand to recommend business strategies.

Business Development & Sales Strategy

• Develop and execute strategies to acquire new clients, distributors, or partners.
• Build and maintain strong relationships with key stakeholders in hospitals, clinics, pharmacies, and healthcare organizations.
• Negotiate contracts and agreements to maximize business growth and profitability.

Product Portfolio Management

• Collaborate with marketing and product teams to design effective product launch strategies.
• Provide feedback to R&D and marketing on customer needs and market gaps.

Collaboration & Team Coordination

• Work closely with cross-functional teams to ensure seamless delivery of products and services.
• Train and guide junior staff or sales representatives as needed.

Qualifications

• Bachelor’s degree in pharmacy, or a related field.
• Proven experience in business development, sales, or marketing in the pharmaceutical or healthcare sector.
• Strong understanding of pharmaceutical products, regulatory requirements, and market dynamics.
• Excellent communication, negotiation, and interpersonal skills.
• Analytical mindset with the ability to make data-driven decisions.

Key Competencies

• Strategic thinking and problem-solving.
• Relationship management and networking.
• Project management and organizational skills.
• Ability to work under pressure and meet deadlines.