Business Development Associate

5 days ago


bangalore, 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.

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