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For Companies At a Glance
- Tasks: Drive growth by managing new product launches in Europe and Australia/New Zealand.
- Company: Join SUN PHARMA, a leader in the pharmaceutical industry focused on innovation.
- Benefits: Enjoy competitive salary, professional development opportunities, and a collaborative work environment.
- Why this job: Be part of a dynamic team that influences market trends and enhances healthcare solutions.
- Qualifications: Must have a degree in Pharmaceutical/Science and 5 years of relevant experience.
- Other info: Proficiency in Excel and strong project management skills are essential.
The predicted salary is between 36000 - 60000 £ per year.
Overall Job Purpose:
The Business Development Manager plays a pivotal role in driving growth by managing the new product launch process for Europe and Australia/New Zealand, ensuring timely and successful market entry. This involves conducting comprehensive analysis and forecasting to identify new product opportunities that align with market trends and business goals. The Business Development Manager is responsible for overseeing portfolio management, balancing existing and new products to optimize performance and profitability. Additionally, the BDM supports third-party vendor management, coordinating with external partners to ensure smooth operations. The role also encompasses business intelligence, gathering and analyzing market data to inform strategic decisions and enhance competitive positioning.
Major tasks & responsibilities:
- Update New Products business cases in consultation with sales/marketing teams and submission to corporate/ third party.
- Project management to ensure successful launches
- Participate in monthly telecoms with global launch team and follow up on action items
- Lead monthly internal WEU reviews, respond to queries from in an accurate and timely manner.
- Analyze in-house and third party new products opportunities
- Work with corporate to introduce products into R&D development
- Support periodic review of forecast for existing portfolio – every 6 months
- Manage third party products post agreement signing till launch
- Administrative / project management support
- Gathering business intelligence on competitive scenario affecting New Products
Key Performance Indicators/result areas:
- Business cases to be prepared accurately, and in a timely manner
- Business case to be reviewed with Countries on a regular basis
- Keeping all forecasts up-to-date with relevant market and competition data
- Ability to work on multiple products
- Timely launch of third party products
Qualifications, Knowledge, Experience & Skills
Education Qualifications (Graduate- Post Graduate)
Mandatory
- Degree in Pharmaceutical / Science background
- Proficiency in Excel and business analytics
Work experience
Mandatory
- 5 years in pharmaceutical product planning in a commercial environment
- Project management experience
- Experience in coordinating with various stake holders in corporate environment
SUN PHARMA | Business Development Manager employer: SUN PHARMA
Contact Detail:
SUN PHARMA Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land SUN PHARMA | Business Development Manager
✨Tip Number 1
Familiarize yourself with the pharmaceutical market trends in Europe and Australia/New Zealand. Understanding the specific needs and preferences of these markets will help you identify new product opportunities that align with our business goals.
✨Tip Number 2
Enhance your project management skills by familiarizing yourself with tools and methodologies that can streamline the new product launch process. Being able to demonstrate your ability to manage multiple projects effectively will set you apart.
✨Tip Number 3
Network with professionals in the pharmaceutical industry, especially those involved in product planning and business development. Building relationships can provide valuable insights and potentially lead to referrals for the position.
✨Tip Number 4
Stay updated on competitive products and market intelligence. Being knowledgeable about competitors' offerings and strategies will enable you to contribute meaningfully to discussions and decision-making processes during interviews.
We think you need these skills to ace SUN PHARMA | Business Development Manager
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Business Development Manager position at Sun Pharma. Understand the key responsibilities and qualifications required, as this will help you tailor your application.
Highlight Relevant Experience: In your CV and cover letter, emphasize your experience in pharmaceutical product planning and project management. Provide specific examples of how you've successfully managed product launches or coordinated with stakeholders in a corporate environment.
Showcase Analytical Skills: Since the role requires proficiency in Excel and business analytics, include any relevant projects or experiences that demonstrate your analytical skills. Mention specific tools or methodologies you have used to gather and analyze market data.
Tailor Your Application: Customize your cover letter to reflect your understanding of Sun Pharma's goals and how your background aligns with their needs. Mention your passion for the pharmaceutical industry and your commitment to driving growth through effective product management.
How to prepare for a job interview at SUN PHARMA
✨Showcase Your Analytical Skills
As a Business Development Manager, you'll need to demonstrate your ability to conduct comprehensive analyses and forecasts. Be prepared to discuss specific examples of how you've identified new product opportunities in the past and how your analytical skills have contributed to successful market entries.
✨Highlight Project Management Experience
Since project management is a key aspect of this role, make sure to share your experiences managing product launches. Discuss the methodologies you used, how you coordinated with different teams, and any challenges you overcame during the process.
✨Understand Market Trends
Familiarize yourself with current market trends in the pharmaceutical industry, especially in Europe and Australia/New Zealand. Being able to discuss these trends and how they relate to potential product opportunities will show that you're proactive and knowledgeable.
✨Prepare for Stakeholder Coordination Questions
Given the importance of coordinating with various stakeholders, be ready to answer questions about your experience working with cross-functional teams. Share examples of how you've effectively communicated and collaborated with sales, marketing, and external partners to achieve common goals.
