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For Companies At a Glance
- Tasks: Identify and assess licensing opportunities in pharma, cosmetics, and medical devices.
- Company: Join a dynamic team in the pharmaceutical manufacturing and biotechnology research sector.
- Benefits: Enjoy part-time hours with flexibility and the chance to work on impactful projects.
- Why this job: Be part of a fast-paced environment where your insights drive innovation and growth.
- Qualifications: BSc in Pharmacy or related field; experience in business development is essential.
- Other info: Work collaboratively with various teams to ensure operational success.
The predicted salary is between 30000 - 42000 £ per year.
In/Out Licensing Specialist – Pharma
Location: Hertfordshire, England, United Kingdom
Employment type: Part-time
Hours: 3 days per week (ideally Tue, Wed, Thu)
Role overview
Scope of the role: Identifying and moving in-licensing and out-licensing opportunities through the sales lifecycle across a wide range of products within the medical devices, medicines and cosmetics regulatory sectors. You will assess external opportunities, prepare business cases and engage with both internal teams as well as external partners.
Responsibilities
- Identify in-licensing opportunities that have good synergy with NPD, wider commercial portfolio and expansion targets.
- Create opportunity assessments which focus on: market size and dynamics, competitor landscape, regulatory pathways and formulation, product claims and positioning in the market, implications for manufacturing and supply chain and IP/exclusivity status. You will also identify risks that could affect feasibility, profitability and timescales.
- Understand a variety of formulations and their USP’s, analyse current portfolio to highlight products suitable for out-licensing.
- Work with Marketing team to approach potential licensing partners in targeted territories and/or therapeutics areas.
- Create out-licensing packs covering product profiles, claim support and regulatory status information.
- Support teams with technical, quality or regulatory due diligence from external parties.
- Maintain the profile of commercial opportunities, providing context, rationale and data in order to maintain momentum.
- Collaborate with Quality, Supply Chain and Finance colleagues to ensure continual operational feasibility.
Your background
- BSc (or equivalent) in Pharmacy or a related discipline
- Proven success in a business development role
- Current and working knowledge of the regulatory landscape around semi-solid formulation of pharmaceutical/cosmetic products and medical devices
- Highly organised, with accuracy and keen eye for detail
- Strong negotiation and influencing skills
- Enjoy working in an agile environment with hard deadlines
Seniority level
- Associate
Employment type
- Part-time
Job function
- Sales, Business Development, and Marketing
- Industries: Pharmaceutical Manufacturing and Biotechnology Research
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In/Out Licensing specialist - Pharma employer: SRG
Contact Detail:
SRG Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land In/Out Licensing specialist - Pharma
✨Tip Number 1
Network with professionals in the pharmaceutical industry, especially those involved in licensing and business development. Attend industry conferences or webinars to meet potential contacts who can provide insights or even refer you to opportunities at StudySmarter.
✨Tip Number 2
Familiarise yourself with the latest trends in pharmaceutical licensing and regulatory changes. This knowledge will not only help you in interviews but also demonstrate your commitment to staying updated in a fast-paced industry.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully identified and assessed licensing opportunities in the past. Highlight your analytical skills and ability to create compelling business cases that align with company goals.
✨Tip Number 4
Showcase your understanding of the regulatory landscape by being ready to discuss how it impacts product development and licensing strategies. This will set you apart as a candidate who not only understands the market but also the complexities involved in navigating it.
We think you need these skills to ace In/Out Licensing specialist - Pharma
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in business development, particularly within the pharmaceutical or medical device sectors. Emphasise your understanding of regulatory landscapes and any specific achievements related to in-licensing or out-licensing.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your background in pharmacy and business development aligns with the responsibilities outlined in the job description. Be sure to mention your organisational skills and ability to work under pressure.
Showcase Relevant Skills: Highlight your negotiation and influencing skills in both your CV and cover letter. Provide examples of how you've successfully collaborated with cross-functional teams or engaged with external partners in previous roles.
Proofread Your Application: Before submitting your application, carefully proofread all documents for spelling and grammatical errors. A polished application reflects your attention to detail, which is crucial for this role.
How to prepare for a job interview at SRG
✨Know Your Regulatory Landscape
Make sure you have a solid understanding of the regulatory environment surrounding pharmaceutical and cosmetic products. Brush up on current regulations and be prepared to discuss how they impact in-licensing and out-licensing opportunities.
✨Demonstrate Analytical Skills
Be ready to showcase your ability to assess market size, competitor landscapes, and product positioning. Prepare examples from your past experiences where you've successfully created opportunity assessments or business cases.
✨Highlight Collaboration Experience
This role requires working closely with various teams. Share specific instances where you've collaborated with marketing, quality, or supply chain teams to achieve a common goal, especially in a fast-paced environment.
✨Prepare for Negotiation Scenarios
Since strong negotiation skills are crucial, think of past negotiations you've been involved in. Be ready to discuss your approach, the challenges you faced, and how you achieved successful outcomes.