Business Development Manager
1 week ago
Job Title: Business Development Lead, China In-Licensing and Strategic Alliances
(Location: Hyderabad)
Company Overview : Dr. Reddy's Laboratories Ltd. is a leading pharmaceutical company dedicated to improving global health outcomes through innovative drug development and strategic partnerships. With a focus on delivering high-quality pharmaceutical formulations, we are committed to addressing unmet medical needs and enhancing patient care.
Position Overview: We are seeking a highly skilled and experienced Business Development Lead to drive in-licensing and strategic alliance initiatives for China Market. The ideal candidate will have a strong background in pharmaceutical licensing, with extensive experience in negotiating and executing partnerships to expand our portfolio of products and drive revenue growth.
Responsibilities:
- the identification, evaluation, and prioritization of in-licensing opportunities for pharmaceutical formulations in alignment with company strategy and market needs.
- and maintain relationships with key stakeholders, including pharmaceutical companies, research institutions, and government agencies, to explore potential partnership opportunities.
- comprehensive market analysis to assess market trends, competitive landscape, and growth opportunities for pharmaceutical products in China.
- and execute licensing agreements, strategic alliances, and collaboration agreements to acquire rights to novel drug formulations, technologies, or products.
- with cross-functional teams, including R&D, regulatory affairs, legal, and commercial, to assess the feasibility and strategic fit of potential partnerships.
- due diligence activities, including financial analysis, technical evaluation, and risk assessment, to inform decision making and mitigate risks associated with licensing agreements.
- and implement business development strategies and tactics to achieve revenue targets and drive market penetration in China.
- leadership and mentorship to junior team members, fostering a collaborative and results-driven culture within the business development team.
- the company at industry conferences, networking events, and business meetings to promote our capabilities and explore partnership opportunities.
- and track market dynamics, competitor activities, and regulatory developments to anticipate challenges and capitalize on emerging opportunities in the pharmaceutical industry.
Qualifications :
- degree in Business Administration, Life Sciences, Pharmacy, or related field.
- of 8-10 years of experience in business development, licensing, or strategic alliances within the pharmaceutical industry, with a focus on pharmaceutical formulations.
- track record of successfully negotiating and executing licensing agreements and strategic partnerships in China, preferably within the pharmaceutical sector.
- understanding of the pharmaceutical market landscape in China, including regulatory requirements, market access dynamics, and healthcare trends.
- interpersonal and communication skills, with the ability to build and maintain relationships with key stakeholders at all levels.
- thinker with the ability to analyse market data, identify opportunities, and develop innovative business development strategies.
- leadership abilities, with experience leading cross-functional teams and managing complex projects from inception to completion.
- organized and detail-oriented, with the ability to manage multiple priorities and meet deadlines in a fast-paced environment.
- to travel domestically and internationally as needed.
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