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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: We value diversity and welcome applications from all backgrounds.
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 or webinars to connect with potential colleagues and learn about current trends in the EU market.
✨Tip Number 2
Familiarise yourself with the specific regulatory requirements and market dynamics of the EU pharmaceutical sector. This knowledge will not only boost your confidence but also demonstrate your commitment to understanding the role's demands.
✨Tip Number 3
Prepare to discuss your past experiences in key account management and how you've successfully driven market entry strategies. Be ready to share specific examples that highlight your ability to convert leads into agreements.
✨Tip Number 4
Research the company’s recent projects and initiatives in the out-licensing space. Being knowledgeable about their current operations will allow you to tailor your conversation and show genuine interest during interviews.
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 the pharmaceutical industry. Use keywords from the job description, such as 'EU market dynamics' and 'key account management', to demonstrate your fit for the role.
Craft a Compelling Cover Letter: In your cover letter, explain why you are passionate about business development in the pharmaceutical sector. Mention specific examples of how you've successfully approached the EU market or managed key accounts in the past.
Showcase Relevant Skills: Emphasise your knowledge of regulatory processes and tender participation in the EU market. Highlight any experience you have with budgeting activities and supply chain coordination, as these are crucial for the role.
Proofread Your Application: Before submitting your application, carefully proofread all documents for spelling and grammatical errors. A polished application reflects your attention to detail and professionalism, which is essential 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, particularly in the generic pharmaceuticals space. Being able to speak knowledgeably about market entry strategies and regulatory requirements will impress your interviewers.
✨Showcase Your B2B Experience
Highlight your experience in B2B segments and any successful agreements you've executed in the past. Prepare specific examples that illustrate your ability to drive growth and manage key accounts effectively.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving skills and strategic thinking. Think of situations where you had to identify new products or manage budgets, and be ready to explain your thought process and outcomes.
