Business Head

Job Description : GLOBAL PHARMA BUSINESS HEAD MUMBAI INDIA The role of the Head of Global Business is a senior-level position responsible for driving the growth and expansion of our company's pharmaceutical formulation and OTC products in global markets. The role typically requires a candidate with extensive experience and expertise in the pharmaceutical industry, particularly in new business development in international markets. Key Responsibilities: 1) Global Business Strategy: Developing and implementing a comprehensive business strategy for the pharmaceutical formulation and OTC product divisions, aligning with the company's overall objectives and growth targets. Expand the company's presence in global markets for pharmaceutical formulations. This includes identifying potential markets, assessing opportunities and risks, and crafting market entry plans. 2) Business Development: Identify and evaluate potential business opportunities, partnerships, and collaborations with international pharmaceutical companies, distributors, and contract manufacturing organizations (CMOs). 3) Contract Negotiations: Oversee negotiations with potential partners, distributors, and vendors to establish mutually beneficial agreements and collaborations. 4) Regulatory Compliance: Ensuring that all pharmaceutical formulations and OTC products comply with relevant international regulations and guidelines to meet quality and safety standards and market access in different countries. 5) Supply Chain Management: Coordinating with supply chain and logistics teams to ensure smooth production, distribution, and availability of pharmaceutical and OTC products in various markets. 6) Sales and Revenue Growth: Drive sales and revenue growth through effective market penetration, product positioning, and pricing strategies in various international markets. Collaborating with sales and marketing teams to devise effective strategies for promoting pharmaceutical and OTC products globally, maximizing market penetration, and driving revenue growth. 7)Budgeting and Forecasting: Develop and manage budgets for global business units, international business development activities and provide accurate sales forecasts. 8) Financial Performance: Monitoring and optimizing financial performance, budgeting, and cost management for the pharmaceutical formulation and OTC product divisions. 9) Product Development and Launch: Overseeing the development and launch of new pharmaceutical formulations and OTC products, ensuring they meet regulatory requirements and address market needs effectively. 10) Team Management: Building and leading a skilled and motivated team, fostering a culture of innovation, collaboration, and excellence within all global offices. 11) Market Research: Conduct thorough market research and competitor analysis to stay updated with industry trends, customer needs, and competitor activities. Use this information to make informed business decisions. 12) Risk Management: Identifying potential risks and implementing risk mitigation strategies to safeguard the business interests and reputation of the company. 13) Relationship Building: Foster strong relationships with key stakeholders, government agencies, regulatory bodies, and industry associations in target markets. As the "Head - Global Business, Pharma Formulation & OTC Products," you would be expected to have a proven track record of successfully developing and establishing a pharmaceutical business in global markets. You would possess diverse qualifications and skills to excel in this senior leadership role. Here are some key qualifications and skills that are typically essential for this position: Qualifications and Skills: A bachelor's or master's degree in pharmaceutical sciences, business administration, or a related field. Proven experience of 8-20 years in the pharmaceutical industry, focusing on international business development and pharmaceutical formulation. Previous experience in senior management positions or leadership roles within the industry is highly beneficial. The position involves managing global business operations, so experience in working with international markets, understanding global regulations, and navigating cultural differences is crucial. Excellent communication and interpersonal skills are essential for establishing strong relationships with stakeholders, negotiating business deals, and representing the company at global forums. Ability to work collaboratively with cross-functional teams and build effective relationships with external partners. Analytical mindset with a data-driven approach to decision-making. Strategic thinking and problem-solving abilities. Overall, your role as the Head of Global Business for Pharma Formulation & OTC Products is pivotal in driving the success of the company's pharmaceutical and OTC product portfolios on a global scale. It involves a combination of business acumen, industry expertise, strategic thinking, market insight, regulatory knowledge, and effective leadership to navigate the complexities of the pharmaceutical industry and achieve business growth and profitability.

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