Industry Type- Pharmaceutical
Experience Preferred - Pharma Synergy
We are seeking a dynamic and results-oriented Business Development Manager specializing in licensing, co-development partnering for the North American, EU and other pharmaceutical market. This role is crucial to the growth and expansion of our portfolio, focusing on licensing out innovative pharmaceutical products and technologies. The ideal candidate will have a proven track record in business development within the pharmaceutical industry, strong negotiation skills, and a deep understanding of the North American and EU market.
Key Responsibilities:
1. Strategic Planning and Market Analysis:
Identify and evaluate licensing opportunities for proprietary products and technologies in the North American and EU market.
Conduct in-depth market research to understand trends, competitive landscape, and potential licensing partners.
Develop and execute out licensing strategies aligned with company growth objectives.
2. Partner Identification and Engagement:
Build and maintain relationships with pharmaceutical companies, biotech firms, and other potential partners.
Identify potential licensing partners and assess their strategic fit.
Present product pipelines and capabilities to potential partners in a compelling and professional manner.
3. Negotiation and Contract Management:
Lead negotiations for licensing agreements, including terms, conditions, and financial arrangements.
Work closely with legal and compliance teams to ensure contract integrity and adherence to regulations.
Manage post-agreement relationships to ensure alignment and successful execution of terms.
4. Collaboration with Internal Teams:
Work closely with R&D, regulatory, and marketing teams to align product readiness with market needs.
Provide market feedback to internal teams to influence product development and strategy.
Develop business cases and financial models to support decision-making.
5. Performance Monitoring and Reporting:
Track and report on the progress of licensing deals and overall business development efforts.
Provide regular updates to senior management on market trends, partnership opportunities, and competitive activities.
Qualifications and Skills:
Education: Bachelor's degree in business, Life Sciences, Pharmacy, or a related field (MBA or advanced degree preferred).
Experience:
5+ years of business development experience in the pharmaceutical industry, with a focus on out licensing.
Proven track record of successful licensing deals in North America and EU.
Knowledge:
Strong understanding of the pharmaceutical development process, regulatory environment, and commercial strategies in North America and EU.
Familiarity with intellectual property, contract negotiations, and financial modeling.
Skills:
Exceptional communication and presentation skills.
Strong analytical and problem-solving abilities.
Ability to build and maintain relationships with senior-level stakeholders.
Self-starter with excellent project management skills and attention to detail.