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- Tasks: Drive market entry and growth in the EU through strategic out-licensing initiatives.
- Company: Join a leading pharmaceutical company based in Middlesex, focused on innovation and growth.
- Benefits: Enjoy opportunities for career advancement and work within a dynamic team environment.
- Why this job: Be part of a mission-driven company making an impact in the pharmaceutical industry.
- Qualifications: Relevant degree and experience in EU out-licensing for generic pharmaceuticals required.
- Other info: HRS is an Equal Opportunities employer, welcoming diverse applicants.
The predicted salary is between 43200 - 72000 £ per year.
Our client is currently seeking a Business Development Manager / Senior Manager (exposure to or knowledge of out-licensing processes necessary) to join a leading pharmaceutical company based in Middlesex (remit will cover the whole of Europe). As the Business Development Manager, you will be responsible for driving market entry and growth within the EU market through strategic out-licensing initiatives.
KEY DUTIES AND RESPONSIBILITIES:
- Proactively approach the EU market from an out-licensing perspective, offering products into B2B segments under direct senior management supervision.
- Create and execute new EU leads, converting them into conclusive executed agreements.
- Identify new products for future business growth and manage key accounts for EU clients, aligning with company vision.
- Prepare and execute EU budgeting activities for target customers, ensuring coordination with supply chain and planning to avoid stock-outs.
ROLE REQUIREMENTS:
- Relevant degree in a related field.
- Proven industry experience in the EU out-licensing segment for a generic pharmaceutical business.
- A working knowledge and practical experience with EU market dynamics, including tender participation and regulatory know-how.
Hyper Recruitment Solutions Ltd (HRS) is an Equal Opportunities employer. We welcome applications from anyone who meets the role requirements. HRS exclusively supports the Life Science sectors, combining recruitment expertise with scientific knowledge to help you advance your career.
Business Development Manager (out-licensing) employer: Hyper Recruitment Solutions
Contact Detail:
Hyper Recruitment Solutions Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Development Manager (out-licensing)
✨Tip Number 1
Network with professionals in the pharmaceutical industry, especially those who have experience in out-licensing. Attend industry conferences and seminars to meet potential contacts who can provide insights or even refer you to opportunities.
✨Tip Number 2
Familiarise yourself with the latest trends and regulations in the EU pharmaceutical market. This knowledge will not only help you in interviews but also demonstrate your commitment and understanding of the role's requirements.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully driven market entry or growth in previous roles. Highlight your strategic thinking and ability to manage key accounts effectively, as these are crucial for this position.
✨Tip Number 4
Research the company thoroughly before your interview. Understand their product portfolio, recent developments, and their approach to out-licensing. Tailoring your conversation to align with their goals will make a strong impression.
We think you need these skills to ace Business Development Manager (out-licensing)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your relevant experience in out-licensing and business development within the pharmaceutical sector. Use keywords from the job description to demonstrate your fit for the role.
Craft a Compelling Cover Letter: Write a cover letter that specifically addresses the key duties and responsibilities outlined in the job description. Explain how your past experiences align with the company's needs and your understanding of EU market dynamics.
Showcase Relevant Achievements: In your application, include specific examples of successful out-licensing initiatives or key account management experiences. Quantify your achievements where possible to illustrate your impact in previous roles.
Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your attention to detail and professionalism, which is crucial in the business development field.
How to prepare for a job interview at Hyper Recruitment Solutions
✨Understand Out-Licensing Processes
Make sure you have a solid grasp of out-licensing processes, especially in the pharmaceutical sector. Be prepared to discuss your previous experiences and how they relate to the role, as this will demonstrate your expertise and suitability for the position.
✨Research the EU Market
Familiarise yourself with the current trends and dynamics of the EU market. Knowing about recent developments, regulatory changes, and key players will show that you're proactive and well-informed, which is crucial for driving market entry.
✨Prepare for B2B Discussions
Since the role involves engaging with B2B segments, practice articulating your approach to building relationships with businesses. Think of examples where you've successfully converted leads into agreements, as this will highlight your ability to drive growth.
✨Showcase Key Account Management Skills
Be ready to discuss your experience in managing key accounts. Highlight specific strategies you've used to align client needs with company goals, as this will demonstrate your capability in maintaining strong client relationships and ensuring business success.
