Business Development Manager (out-licensing)
Business Development Manager (out-licensing)

Business Development Manager (out-licensing)

Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • 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 life sciences.
  • Benefits: Enjoy opportunities for career advancement and work within a dynamic industry.
  • Why this job: Be part of a team that shapes the future of pharmaceuticals and makes a real impact.
  • 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 36000 - 60000 £ 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.

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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 involved 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 help you in interviews but also demonstrate your commitment to understanding the role.

✨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 provide examples that showcase your ability to convert leads into agreements.

✨Tip Number 4

Research the company’s recent out-licensing initiatives and be prepared to discuss how you can contribute to their growth. Tailoring your conversation to align with their goals will make a strong impression during your interactions.

We think you need these skills to ace Business Development Manager (out-licensing)

Business Development
Out-Licensing Knowledge
EU Market Dynamics
B2B Sales Strategies
Key Account Management
Regulatory Knowledge
Tender Participation
Market Entry Strategies
Product Identification
Supply Chain Coordination
Negotiation Skills
Strategic Planning
Analytical Skills
Communication Skills
Relationship Management

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your relevant experience in business development and out-licensing 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 requirements, particularly your knowledge of EU market dynamics and out-licensing processes.

Highlight Relevant Achievements: In your application, include specific examples of successful projects or initiatives you've led in the past that relate to out-licensing or business development in the pharmaceutical industry. Quantify your achievements where possible.

Proofread Your Application: Before submitting, carefully proofread your application materials for any spelling or grammatical errors. A polished application reflects your attention to detail and professionalism, which are crucial in this role.

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 a Business Development Manager.

✨Prepare for B2B Discussions

Since the role involves engaging with B2B segments, think about how you can effectively communicate value propositions to potential clients. Prepare examples of successful negotiations or partnerships you've been involved in to illustrate your skills.

✨Showcase Your Strategic Thinking

Be ready to discuss your approach to creating and executing strategic initiatives. Highlight any past experiences where you've successfully identified new products or markets, and explain how you aligned these with company goals.

Business Development Manager (out-licensing)
Hyper Recruitment Solutions
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