Dr Reddy's Foundation
3 months ago
Responsibilities:
- Lead the identification, evaluation, and prioritization of in-licensing opportunities for pharmaceutical formulations in alignment with company strategy and market needs.
- Build and maintain relationships with key stakeholders, including pharmaceutical companies, research institutions, and government agencies, to explore potential partnership opportunities.
- Conduct comprehensive market analysis to assess market trends, competitive landscape, and growth opportunities for pharmaceutical products in China.
- Negotiate and execute licensing agreements, strategic alliances, and collaboration agreements to acquire rights to novel drug formulations, technologies, or products.
- Collaborate with cross-functional teams, including R&D, regulatory affairs, legal, and commercial, to assess the feasibility and strategic fit of potential partnerships.
- Manage due diligence activities, including financial analysis, technical evaluation, and risk assessment, to inform decision making and mitigate risks associated with licensing agreements.
- Develop and implement business development strategies and tactics to achieve revenue targets and drive market penetration in China.
- Provide leadership and mentorship to junior team members, fostering a collaborative and results-driven culture within the business development team.
- Represent the company at industry conferences, networking events, and business meetings to promote our capabilities and explore partnership opportunities.
- Monitor and track market dynamics, competitor activities, and regulatory developments to anticipate challenges and capitalize on emerging opportunities in the pharmaceutical Bachelor's/Master's degree in Business Administration, Life Sciences, Pharmacy, or related field.
- Minimum of 8-10 years of experience in business development, licensing, or strategic alliances within the pharmaceutical industry, with a focus on pharmaceutical formulations.
- Proven track record of successfully negotiating and executing licensing agreements and strategic partnerships in China, preferably within the pharmaceutical sector.
- Strong understanding of the pharmaceutical market landscape in China, including regulatory requirements, market access dynamics, and healthcare trends.
- Excellent interpersonal and communication skills, with the ability to build and maintain relationships with key stakeholders at all levels.
- Strategic thinker with the ability to analyse market data, identify opportunities, and develop innovative business development strategies.
- Demonstrated leadership abilities, with experience leading cross-functional teams and managing complex projects from inception to completion.
- Highly organized and detail-oriented, with the ability to manage multiple priorities and meet deadlines in a fast-paced environment.
- Willingness to travel domestically and internationally as needed.
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