Job Description:
We are seeking an Assistant Manager of Business Development with experience in the pharmaceutical industry. Candidates must hold a Bachelor's degree in a science-related field, with registered pharmacists highly preferred.
Main Duties and Responsibilities:
1. Business Development & Strategic Growth
- Identify, evaluate, and develop new business opportunities across pharmaceuticals, medical devices, nutraceuticals, herbal products, food supplements, protein formulations, and other healthcare-related sectors.
- Develop and execute business development strategies aligned with the company's growth objectives.
- Explore new markets, therapeutic areas, distribution channels, and strategic partnerships locally and internationally.
2. Partnership & Commercial Negotiation
- Identify, evaluate, negotiate, and conclude commercial agreements with prospective manufacturers, suppliers, principals, distributors, and customers.
- Build and maintain long-term relationships with key stakeholders to drive sustainable business growth.
- Lead contract negotiations, commercial terms, pricing, exclusivity, and distribution agreements.
3. Technology Transfer & Manufacturing Collaboration
- Initiate, coordinate, and manage technology transfer, contract manufacturing, licensing, and project-based collaborations with manufacturing partners.
- Work closely with KCK Pharmaceuticals Industries Sdn. Bhd. to facilitate contract manufacturing, local production, product localization, and strategic manufacturing collaborations.
- Coordinate cross-functional teams to ensure successful project implementation from feasibility through commercialization.
4. Product Portfolio Development
- Identify new products for registration, licensing, local manufacturing, or distribution.
- Evaluate product viability based on market demand, regulatory requirements, pricing, profitability, and competitive landscape.
- Develop and strengthen the company's product pipeline.
5. Market Intelligence & Competitive Analysis
- Conduct comprehensive market research and competitor analysis.
- Monitor industry trends, pricing strategies, regulatory changes, and market dynamics.
- Provide strategic recommendations to management regarding product positioning, pricing, and business opportunities.
6. Tender & Government Business
- Identify opportunities in government tenders, hospital procurement, institutional business, and Local Purchase Orders (LPO).
- Support tender preparation by coordinating pricing, forecasting, product sourcing, and commercial documentation.
- Develop strategies to improve success rates in government and institutional procurement.
7. Strategic Planning & Management Reporting
- Prepare business proposals, feasibility studies, financial analyses, and investment justifications.
- Develop and present business plans, project updates, and market reports to senior management and the Board.
- Monitor project milestones, budgets, timelines, and commercial performance.
8. Cross-Functional Collaboration
- Work closely with Regulatory Affairs, Supply Chain, Sales & Marketing, Finance, Quality Assurance, and Manufacturing teams to ensure successful execution of business initiatives.
- Coordinate product launches and commercialization activities.
9. Financial & Commercial Management
- Prepare business cases, pricing models, profitability analyses, and revenue forecasts.
- Monitor business performance against budget, sales targets, and profitability objectives.
- Ensure commercial activities achieve expected return on investment (ROI).
10. Regulatory & Compliance Support
- Support product registration, licensing, dossier acquisition, and regulatory due diligence during business development activities.
- Ensure all commercial agreements comply with applicable regulatory and corporate governance requirements.
11. Relationship Management
- Represent the company during meetings, conferences, exhibitions, and international business visits.
- Build strategic relationships with multinational pharmaceutical companies, manufacturers, healthcare institutions, government agencies, and business partners.
12. Leadership & Team Development
- Lead, mentor, and develop the Business Development team.
- Establish departmental KPIs and monitor performance.
- Foster a high-performance culture focused on innovation, collaboration, and accountability.
Job Requirements:
- Minimum Bachelor’s degree in Pharmaceuticals, Chemistry, Biology, MBBS or a related science field.
- 2-3 years of experience in Business Development within the pharmaceutical industry.
- Strong price negotiation skills.
- Ability to travel if needed.
- Experience working with multinational pharmaceutical companies is an added advantage.
- Excellent communication and interpersonal skills.
- Strong analytical and problem-solving abilities.
- Required to travel and work independently as part of a team.
- Proficiency in MS Office (Word, Excel, PowerPoint).
Candidates who are interested may also submit their resume to *************.