Monroe Consulting Group is recruiting on behalf of a well-established and fast-growing pharmaceutical company. Our client is looking for a proactive and strategic Business Development Manager to lead product pipeline initiatives, identify new business opportunities, and drive growth through portfolio expansion and strategic partnerships. This role plays a critical part in aligning cross-functional teams to bring innovative and high-demand products to market.
Key Responsibilities
Market & Portfolio Development
- Identify and evaluate new business opportunities, including new product ideas, in-licensing, out-licensing, co-marketing, or distribution partnerships.
- Conduct market research and feasibility studies to assess product potential and align with business strategy.
- Lead the development of business proposals, including financial analysis, cost structure, and projected ROI.
Product Lifecycle & Cross-Functional Coordination
Drive end-to-end business development processes, from concept to commercialization.
Collaborate closely with R&D, regulatory affairs, marketing, medical, and supply chain teams to ensure timely execution of product launches.
Track and manage the product pipeline to ensure alignment with company goals and market needs.
Strategic Partnerships & Stakeholder Management
- Build and maintain strong relationships with local and international partners, including manufacturers, licensors, and regulatory bodies.
- Attend industry conferences and networking events to stay updated on market trends and forge new business relationships.
- Negotiate terms and contracts related to business development activities.
Performance Monitoring & Reporting
- Monitor market trends, competitor activity, and sales performance to identify gaps and opportunities.
- Provide regular updates to senior management on pipeline status, project progress, and strategic recommendations.
Key Requirements
- Bachelor's Degree in Pharmacy, Life Sciences, Business, or a related field; a Master's degree is a plus.
- Minimum 5-8 years of experience in pharmaceutical business development, product management, or related roles.
- Strong knowledge of ethical pharmaceutical products, regulatory processes, and product registration.
- Proven track record in launching or managing successful product portfolios.
- Strong commercial acumen with the ability to conduct market and financial analysis.
- Excellent communication, negotiation, and project management skills.
- Fluent in English (written and spoken); additional language proficiency is an advantage.
