Head of Business Development

  • Westwood, NJ

Compensation

: $84,970.00 - $141,250.00 /year *

Employment Type

: Full-Time

Industry

: Advertising/Marketing/Public Relations



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This position is responsible for leading and executing the global commercial business development activities which support overall strategic and business objectives. The role identifies, investigates, and analyzes new opportunities for strategic fit with our business goals. As a member of the Senior Management Team, this role plays an integral part in the business development activities in the expansion of our product portfolio. PRINCIPAL DUTIES AND RESPONSIBILITIES: 1. Manages all elements of Taro business development including setting strategy and execution of plans 2. Commercial interface with regulatory, manufacturing and legal for promotional efforts 3. Recommends solutions for performance improvement and potential areas for further development of staff 4. Identifies trendsetting ideas by researching industry and related events, publications, and announcements 5. Locates or proposes potential business deals by contacting potential partners; discovering and exploring opportunities 6. Screens potential business deals by analyzing market strategies, deal requirements, potential, and financials; evaluating options; resolving internal priorities 7. Develops negotiating strategies and positions by studying integration of new venture with company strategies and operations; examining risks and potentials; estimating partners' needs and goals 8. Protects organization's value by keeping information confidential 9. Oversees and evaluates market research and adjusts marketing strategy to meet changing market and competitive conditions. 10. Monitors competitor products and sales activities. Establishes and maintains relationships with industry influencers and key strategic partners 11. Guides preparation of business development activity reports and presents to executive management. 12. Establishes and cultivates relationships with the pharma community, associations and key opinion leaders to support business development efforts KNOWLEDGE, SKILLS/ABILITIES & EXPERIENCE TO DO THE JOB: Bachelor s degree required, Master s preferred, in business, life sciences from an accredited college or university 10-15 years experience in a business development role within the pharmaceutical industry Global experience preferred Energetic self-starter with strong executive presence, detail and results orientation and ability to work effectively in a driven environment. As a member of Taro s Senior Management Team, can gain the trust and respect of team members Possess a strong network of business development contacts Comfortable managing all aspects of business development in a pharma environment Outstanding verbal, written, multi-tasking and presentation skills required Demonstration of sustained, high performance in current and past positions Demonstrated teamwork ability through effective working relationships DISCLAIMER: The preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees as assigned to this job. Nothing herein shall preclude Taro Pharmaceuticals from changing these duties from time to time and assigning comparable duties or other duties commensurate with the experience and background of the incumbent(s). Taro Pharmaceuticals U.S.A., Inc. provides equal employment opportunities for all current employees and applicants for employment. This policy means that no one will be discriminated against because of race, religion, creed, color, national origin, nationality, citizenship, ancestry, sex, age, marital status, physical or mental disability, sexual orientation, military or veteran status, genetic predisposing characteristics or any other basis prohibited by law.

* The salary listed in the header is an estimate based on salary data for similar jobs in the same area. Salary or compensation data found in the job description is accurate.

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