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- Tasks: Identify and negotiate out-licensing opportunities for pharmaceutical assets.
- Company: Dynamic pharmaceutical company focused on strategic partnerships.
- Benefits: Competitive salary, travel opportunities, and professional growth.
- Why this job: Make a real impact in the pharmaceutical industry through strategic partnerships.
- Qualifications: Degree in Life Sciences or Business; experience in business development preferred.
- Other info: Collaborative environment with opportunities to attend industry events.
The predicted salary is between 43200 - 72000 £ per year.
Our client is seeking a highly motivated and experienced Business Development Manager responsible for identifying, negotiating, and executing out-licensing opportunities for the company’s pharmaceutical assets. This role requires strong commercial acumen, deep understanding of the pharmaceutical industry, and the ability to build strategic partnerships with global pharmaceutical and biotech companies.
Key Responsibilities:
- Strategic Planning & Market Analysis
- Develop and implement out-licensing strategies aligned with corporate objectives.
- Conduct market research to identify potential partners and assess competitive landscape.
- Evaluate product portfolio for out-licensing opportunities based on market demand and regulatory considerations.
- Partner Identification & Relationship Management
- Identify and engage potential licensing partners globally.
- Build and maintain strong relationships with key stakeholders in pharmaceutical and biotech companies.
- Represent the company at industry conferences, networking events, and partner meetings.
- Deal Negotiation & Execution
- Lead negotiations for out-licensing agreements, including financial terms, milestones, and royalties.
- Collaborate with legal, regulatory, and technical teams to ensure compliance and successful deal closure.
- Prepare and deliver compelling presentations and proposals to prospective partners.
- Financial & Commercial Analysis
- Conduct valuation and financial modelling for licensing deals.
- Monitor performance of out-licensed products and ensure contractual obligations are met.
- Cross-Functional Collaboration
- Work closely with R&D, Regulatory Affairs, and Marketing teams to align licensing strategies with product development.
- Provide input on product lifecycle management and commercialization plans.
Skills & Experience Required:
- Bachelor’s degree in Life Sciences, Pharmacy, Business, or related field (MBA preferred).
- Experience in pharmaceutical business development, licensing, or strategic partnerships.
- Proven track record of negotiating and closing out-licensing deals.
- Strong understanding of pharmaceutical product development, regulatory pathways, and market dynamics.
- Excellent communication, negotiation, and presentation skills.
- Ability to travel internationally as required.
Out Licensing Business Development Manager in London employer: Invenia Group
Contact Detail:
Invenia Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Out Licensing Business Development Manager in London
✨Tip Number 1
Network like a pro! Attend industry conferences and events to meet potential partners and showcase your expertise. Remember, it’s all about building those relationships that can lead to exciting out-licensing opportunities.
✨Tip Number 2
Do your homework! Research the companies you want to partner with and understand their needs. Tailor your pitch to show how your assets align with their goals – this will make you stand out in negotiations.
✨Tip Number 3
Practice your presentation skills! You’ll need to deliver compelling proposals to prospective partners. Rehearse your pitch until you can confidently communicate the value of your offerings without a hitch.
✨Tip Number 4
Keep an eye on the market trends! Understanding the competitive landscape will help you identify the best out-licensing opportunities. Use this knowledge to position yourself as a valuable partner in discussions.
We think you need these skills to ace Out Licensing Business Development Manager in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to highlight your experience in pharmaceutical business development and out-licensing. We want to see how your skills align with the role, so don’t be shy about showcasing relevant achievements!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about this role and how your background makes you the perfect fit. We love seeing genuine enthusiasm for the industry and our company.
Showcase Your Negotiation Skills: Since negotiation is key in this role, make sure to include examples of successful deals you've closed in your application. We want to know how you’ve navigated complex negotiations and what strategies worked for you.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re proactive and keen to join our team!
How to prepare for a job interview at Invenia Group
✨Know Your Market
Before the interview, dive deep into the pharmaceutical industry trends and the competitive landscape. Understand who the key players are and what out-licensing opportunities might be available. This knowledge will not only impress your interviewers but also help you articulate how you can contribute to their strategic goals.
✨Showcase Your Negotiation Skills
Prepare specific examples of past negotiations you've led, especially in out-licensing deals. Be ready to discuss the strategies you employed and the outcomes achieved. This will demonstrate your capability to handle complex negotiations and your understanding of financial terms and milestones.
✨Build Relationships
Highlight your experience in building and maintaining relationships with stakeholders. Share anecdotes that illustrate your ability to connect with partners and how those relationships have benefited previous projects. This is crucial for a role that involves engaging with global pharmaceutical and biotech companies.
✨Prepare Compelling Presentations
Since you'll need to deliver presentations to prospective partners, practice creating concise and impactful slides. Focus on how to present data clearly and persuasively. Being able to communicate your ideas effectively will set you apart and show that you can represent the company well at industry events.
