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Business Development Associate

2 months ago

Bengaluru, India VedTechBio Full time

Job Title: Business Development Associate


Job Summary:

As a Business Development Associate, you will play a critical role identifying new business opportunities, building and maintaining client relationships. This role requires a strategic thinker with strong communication skills and a proven track record in business development within the life sciences industry.


Key Responsibilities:-

Business Development:

• Identify and prospect potential new clients to drive business growth.

• Conduct cold calls and leverage your network to build a robust pipeline of opportunities.

• Identify key decision-makers within target organizations and build relationships.

• Arrange and conduct meetings between client decision-makers and company leaders.

• Develop tailored proposals and pitches that address client needs and objectives.

• Handle objections and negotiate effectively to reach positive outcomes.

• Present a professional image that aligns with the company's values.


Business Development Planning:

• Attend industry events and conferences to stay informed about market trends and opportunities.

• Consult with mid and senior-level management on business trends to develop new services, products, and distribution channels.

• Identify and capitalize on opportunities for campaigns and distribution channels to increase sales.

• Leverage market and competitor knowledge to refine the company’s unique selling propositions and differentiators.

Management and Reporting:

• Submit weekly progress reports and ensure accurate data management.

• Maintain and manage data within the company’s CRM system.

• Forecast sales targets and work with the team to achieve them.

• Track and record activities on accounts and assist in closing deals.

• Ensure team members represent the company professionally and effectively.

• Develop a thorough understanding of the company’s capabilities and goals to enhance performance.


Qualifications and Skills:

• BTech/ BPharma/ MSc/ MPharma + MBA.

• 2-4 years of experience in business development within the life sciences industry.

• Proven track record in client acquisition and business development.

• Experience managing domestic and international clients. Strong presentation, communication, and interpersonal skills.

• Valid visa and travel history to the USA, Europe, or Asia preferred.


Working Environment:

• You will work in a fast-paced, cross-functional team environment alongside drug discoverers, engineers, AI and data scientists.