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- Tasks: Drive growth by securing commercial opportunities in diabetes-focused biopharmaceuticals.
- Company: Join a leading biopharmaceutical company innovating in insulin formulations and drug delivery technologies.
- Benefits: Enjoy competitive salary, flexible working options, and opportunities for professional development.
- Why this job: Be part of a mission-driven team making a real impact in diabetes care.
- Qualifications: Bachelor's in Life Sciences; experience in business development within biopharma is essential.
- Other info: Represent the company at global industry events and collaborate with top-tier professionals.
The predicted salary is between 43200 - 72000 £ per year.
We are currently seeking an experienced and commercially driven Business Development Director to join a leading biopharmaceutical company specializing in advanced insulin formulations and drug delivery technologies. This pivotal role focuses on identifying, developing, and securing commercial opportunities that drive growth across the company's diabetes-focused portfolio.
Your duties as the Business Development Director will be varied:
- Identify and develop new licensing, co-development, and commercialization opportunities for diabetes-related assets, with a focus on ultra-rapid and stabilized insulin formulations.
- Lead end-to-end deal processes including strategy development, partner outreach, due diligence, contract negotiation, and alliance management.
- Collaborate with R&D and senior leadership to align business development activities with the company's pipeline strategy.
Market Intelligence & Opportunity Assessment:
- Monitor trends in insulin therapy, drug delivery innovations, biosimilar insulin landscapes, and digital/connected care solutions.
- Evaluate external assets, technologies, or partnerships that could enhance the company's product offering or market positioning.
Cultivate high-level relationships with pharmaceutical companies, device manufacturers, distributors, and diabetes care providers globally. Represent the company at industry conferences, scientific symposia, and partnering events.
To be successful in your application for this exciting role as the Business Development Director, we are looking to identify the following:
- Bachelor's degree in a Life Sciences related discipline or similar (advanced degree or MBA preferred).
- Experience in business development, licensing, or strategic partnerships within the biopharmaceutical or life sciences sector.
- Proven track record in insulin or diabetes therapeutics—experience with biosimilars, injectable biologics, or drug delivery platforms highly desirable.
Field Based Business Development Executive employer: Hyper Recruitment Solutions
Contact Detail:
Hyper Recruitment Solutions Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Field Based Business Development Executive
✨Tip Number 1
Network with professionals in the biopharmaceutical industry, especially those focused on diabetes care. Attend relevant conferences and events to meet potential colleagues and partners, as these connections can lead to valuable opportunities.
✨Tip Number 2
Stay updated on the latest trends in insulin therapy and drug delivery technologies. This knowledge will not only help you in interviews but also demonstrate your commitment to the field and your ability to contribute to the company's growth.
✨Tip Number 3
Prepare to discuss specific examples of successful partnerships or deals you've led in the past. Highlighting your experience in deal processes, from strategy development to contract negotiation, will showcase your suitability for this role.
✨Tip Number 4
Familiarise yourself with the company’s current product offerings and pipeline strategy. Understanding their position in the market will allow you to align your insights and suggestions with their goals during discussions.
We think you need these skills to ace Field Based Business Development Executive
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in business development, particularly within the biopharmaceutical or life sciences sector. Emphasise any specific achievements related to insulin or diabetes therapeutics.
Craft a Compelling Cover Letter: Write a cover letter that clearly outlines your motivation for applying and how your background aligns with the role. Mention your experience with licensing, co-development, and any successful partnerships you've managed.
Showcase Market Knowledge: Demonstrate your understanding of current trends in insulin therapy and drug delivery technologies. Include insights on how these trends could impact the company's growth and your potential contributions.
Highlight Relationship Management Skills: Provide examples of how you've cultivated relationships with pharmaceutical companies, device manufacturers, or distributors. This is crucial for the role, so make it clear how you can leverage these connections.
How to prepare for a job interview at Hyper Recruitment Solutions
✨Showcase Your Industry Knowledge
Make sure to demonstrate your understanding of the biopharmaceutical landscape, particularly in insulin therapy and drug delivery technologies. Discuss recent trends and innovations that could impact the company's portfolio, showing that you are not only knowledgeable but also passionate about the field.
✨Highlight Relevant Experience
Prepare to discuss your previous roles in business development, especially those related to licensing and strategic partnerships. Be ready to share specific examples of successful deals you've led, particularly in the diabetes therapeutics space, to illustrate your capability and experience.
✨Emphasise Relationship Building Skills
Since cultivating high-level relationships is key for this role, be prepared to talk about how you've successfully built and maintained partnerships in the past. Share anecdotes that highlight your networking skills and ability to collaborate with various stakeholders in the industry.
✨Prepare for Strategic Thinking Questions
Expect questions that assess your strategic thinking and problem-solving abilities. Think about how you would approach identifying new commercial opportunities or evaluating external assets. Articulate your thought process clearly, demonstrating your analytical skills and business acumen.
