HR at Raj Enterprise - Resource Advisory Junction
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Executive - Business Development - Pharma (1-7 yrs)
Job Description:
Description:
About the Role:
We are seeking an experienced and highly motivated Senior Business Development Manager for our Active Pharmaceutical Ingredient (API) division. The ideal candidate will possess in-depth knowledge of the pharmaceutical industry and a strong track record in driving business growth through the development of new partnerships, identifying market opportunities, and fostering relationships with key stakeholders. You will play a critical role in expanding our API business, bringing new clients on board, and contributing to the company's strategic vision
Business Development & Strategy:
- Identify and evaluate new business opportunities in the API sector.
- Develop and implement strategic initiatives to expand the company's API portfolio and market share.
- Establish and maintain relationships with key customers, partners, and stakeholders in the pharmaceutical industry.
- Conduct market research and competitor analysis to identify trends and opportunities.
- Lead negotiations and manage the commercial terms of API contracts, partnerships, and agreements.
Client Relationship Management:
- Cultivate strong relationships with pharmaceutical companies, CMO/CDMO partners, and other stakeholders.
- Coordinate with cross-functional teams (R&D, Regulatory, Manufacturing, etc.) to ensure customer requirements are met.
- Act as the primary point of contact for key accounts and ensure customer satisfaction.
Sales & Revenue Growth:
- Drive revenue growth through effective sales strategies, focusing on both existing and new business.
- Achieve and exceed sales targets and objectives related to the API business.
- Prepare and deliver presentations to prospective clients, showcasing API products and services.
Market Intelligence & Reporting:
- Stay abreast of industry trends, regulatory changes, and competitive activity.
- Provide regular updates to senior management on market conditions, potential leads, and performance metrics.
- Analyze sales data to identify areas for improvement and opportunities for business expansion.
Regulatory and Compliance Awareness:
- Ensure adherence to regulatory requirements, quality standards, and industry best practices in all business development activities.
- Collaborate with regulatory and quality assurance teams to ensure products meet the required specifications and standards