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For Companies At a Glance
- Tasks: Develop and implement out-licensing strategies while engaging with global partners.
- Company: Dynamic pharmaceutical company focused on innovation and collaboration.
- Benefits: Remote work, competitive salary, and opportunities for international travel.
- Why this job: Make a real impact in the pharmaceutical industry by driving strategic partnerships.
- Qualifications: 5+ years in business development with strong negotiation and communication skills.
- Other info: Join a team that values creativity and offers excellent career growth.
The predicted salary is between 36000 - 60000 £ per year.
Location: Remote, UK based (frequent travel to Leeds and ability to travel internationally as required).
Key Responsibilities
- 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.
- 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.
- 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.
- Conduct valuation and financial modelling for licensing deals.
- Monitor performance of out-licensed products and ensure contractual obligations are met.
- 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.
Knowledge and Experience
- Bachelor’s degree in Life Sciences, Pharmacy, Business, or related field (MBA preferred).
- Minimum 5 years of experience in pharmaceutical business development, licensing, or strategic partnerships.
- Strong understanding of pharmaceutical product development, regulatory pathways, and market dynamics.
- Proven track record of negotiating and closing out-licensing deals.
- Excellent communication, negotiation, and presentation skills.
Business Development Manager: Out-Licensing in Leeds employer: Rosemontpharma
Contact Detail:
Rosemontpharma Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Development Manager: Out-Licensing in Leeds
✨Tip Number 1
Network like a pro! Get out there and connect with industry folks at conferences and events. We can’t stress enough how important it is to build relationships; you never know who might be your next partner or lead.
✨Tip Number 2
Do your homework! Research potential partners and their needs before reaching out. This shows you’re serious and helps you tailor your pitch, making it more likely they’ll want to engage with us.
✨Tip Number 3
Practice your pitch! Whether it’s a presentation or a casual chat, being able to clearly communicate our value proposition is key. We recommend rehearsing with friends or colleagues to get feedback.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive about joining our team!
We think you need these skills to ace Business Development Manager: Out-Licensing in Leeds
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Business Development Manager role. Highlight your experience in out-licensing and any relevant achievements that align with our key responsibilities. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us why you're passionate about out-licensing and how your background fits with our corporate objectives. Keep it engaging and personal – we love to see your personality come through.
Showcase Your Skills: Don’t forget to showcase your negotiation and presentation skills in your application. We’re looking for someone who can lead negotiations and deliver compelling proposals, so give us examples of when you've done this successfully in the past.
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 gives you a chance to explore more about what we do at StudySmarter!
How to prepare for a job interview at Rosemontpharma
✨Know Your Market
Before the interview, dive deep into market research related to out-licensing in the pharmaceutical sector. Understand current trends, key players, and potential partners. This knowledge will not only impress your interviewers but also help you articulate how you can contribute to their business development strategies.
✨Showcase Your Negotiation Skills
Prepare specific examples of past negotiations you've led, especially those that resulted in successful out-licensing deals. Be ready to discuss the challenges you faced and how you overcame them. This will demonstrate your capability to handle complex agreements and your understanding of financial terms and milestones.
✨Build Relationships Virtually
Since the role involves frequent travel and networking, highlight your experience in building relationships remotely. Share examples of how you've engaged with stakeholders through virtual meetings or industry events. This shows your adaptability and readiness to represent the company effectively, even from a distance.
✨Prepare Compelling Presentations
Practice delivering presentations that showcase your ability to communicate complex information clearly and persuasively. Tailor your examples to align with the company's objectives and the specific needs of potential partners. This will illustrate your presentation skills and your strategic thinking in aligning licensing opportunities with corporate goals.
