Business Development Executive

1. Identify and Pursue Business Opportunities: - Conduct thorough market research to identify potential areas of growth and new business opportunities. - Develop a deep understanding of the pharmaceutical market landscape, including competitors, trends, and regulations. - Proactively seek out and evaluate potential business partnerships, collaborations, and licensing opportunities. - Assess and prioritize opportunities based on their alignment with the company's strategic goals and objectives. 2. Strategic Planning and Execution: - Develop and implement strategic business development plans to expand the company's presence and drive revenue growth. - Collaborate with cross-functional teams to evaluate potential business ventures and develop business cases. - Analyze market trends, customer needs, and industry dynamics to formulate effective strategies and recommendations. - Monitor and track key performance indicators (KPIs) to measure the success of business development initiatives. 3. Relationship Building and Stakeholder Management: - Build and nurture strong relationships with key stakeholders, including pharmaceutical companies, distributors, healthcare professionals, and regulatory authorities. - Attend industry conferences, events, and trade shows to network and represent the company's interests. - Lead negotiations and contract discussions with potential partners and clients. - Foster a positive and collaborative work environment, both internally and externally, to achieve business objectives. 3. Sales and Marketing Support: - Collaborate with the sales and marketing teams to develop effective strategies and promotional materials for new products and services. - Provide market insights and competitive intelligence to support sales and marketing efforts. - Assist in developing pricing strategies and contribute to the preparation of proposals and bids. 4. Reporting and Analysis: - Prepare regular reports and presentations on business development activities, progress, and outcomes. - Conduct data analysis to identify trends, evaluate the success of initiatives, and provide recommendations for improvement. - Stay updated on industry trends, market conditions, and regulatory changes affecting the pharmaceutical industry. Requirements: - Bachelor’s degree in business administration, Marketing, or a related field. - Proven track record of success in business development, preferably within the pharmaceutical industry. - In-depth knowledge of the pharmaceutical market, including trends, competitors, and regulatory environment. - Strong networking and relationship-building skills with the ability to interact with diverse stakeholders. - Excellent communication, negotiation, and presentation skills. - Strategic thinker with the ability to identify and capitalize on new business opportunities. - Analytical mindset with the ability to analyse market data and make data-driven recommendations. - Self-motivated and results-oriented with a strong drive for success. - Ability to work independently as well as collaboratively in a team environment. - Willingness to travel as needed for meetings, conferences, and business development activities.
At Natural Wellness we strive to make people healthy, naturally. Our vision for the future is to provide a natural based, syariah compliant option of healthcare products for everyone as a leading specialty healthcare company specializing in formulating, manufacturing and distributing high quality products for the Asian & Middle East health and wellness markets. We are a RM30 million company,that has grown at an accelerated pace over the past 10 years ,employing over 80 employees,in 3 continents.We believe in our vision and we invite you to be part of it.We have served a diverse portfolio of customers;blue-chip multinationals and leading local players such as Amway,Sinovac (China),Cipla(India),VitaHealth,Cosway and others.We also serve consumers directly via our own brand of health and wellness products in the MENA markets. Our facility is equipped with state of the art cGMP, Halal /Syariah complaint manufacturing facilities based in Kuala Lumpur.These capabilities,reformulating to halal standards,being syariah complaint and having representation throughout their market area provide significant competitive advantanges.Natural Wellness is one of a very few manufacturers within its categories that have both designations. Further to that, as a company with Bionexus status research capability, actively involved in identifying and developing new entities including natural,pharmaceuticals and biotechnology products for commercialization in healthcare market.
Bachelor's or Equivalent