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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 life sciences.
- Benefits: Enjoy opportunities for career advancement and work in a dynamic, supportive environment.
- Why this job: Be part of a team that shapes the future of pharmaceuticals while making 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 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.
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
Familiarise yourself with the latest trends in the EU pharmaceutical market, especially regarding out-licensing. Understanding current market dynamics will help you speak confidently about how you can contribute to the company's growth.
✨Tip Number 2
Network with professionals in the pharmaceutical industry, particularly those involved in out-licensing. Attend relevant conferences or webinars to make connections and gain insights that could be beneficial during your interview.
✨Tip Number 3
Prepare to discuss specific examples of successful out-licensing initiatives you've been involved in. Highlighting your direct experience will demonstrate your capability and understanding of the role's requirements.
✨Tip Number 4
Research the company’s recent projects and partnerships in the EU market. Being knowledgeable about their current strategies will allow you to tailor your conversation and show genuine interest in their operations.
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 the EU out-licensing segment and any specific achievements in business development. Use keywords from the job description to align your skills with what the company is looking for.
Craft a Compelling Cover Letter: In your cover letter, emphasise your understanding of the EU market dynamics and your experience with regulatory processes. Share specific examples of how you've successfully driven market entry or managed key accounts in the past.
Highlight Relevant Skills: Focus on showcasing your skills in strategic planning, negotiation, and relationship management. Mention any experience you have with supply chain coordination and budgeting activities, as these are crucial for the role.
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 are essential in a business development 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, as this is crucial for the role. Be prepared to discuss your previous experiences and how they relate to the company's needs in this area.
✨Showcase Your Market Knowledge
Demonstrate your understanding of the EU market dynamics, including regulatory requirements and tender participation. Bring examples of how you've navigated these challenges in past roles.
✨Highlight Key Account Management Skills
Prepare to talk about your experience managing key accounts and how you've successfully aligned client needs with company goals. Use specific examples to illustrate your approach and results.
✨Prepare for Strategic Discussions
Be ready to discuss your strategies for driving market entry and growth. Think about how you would create and execute new leads, and be prepared to share your ideas on potential products for future business growth.
