Company Overview

Ray Life Sciences Pvt. Ltd. is a leading pharmaceutical manufacturing company with a state-of-the-art injectable manufacturing facility located in Hubli, India. Backed by Mr. Anjan Roy, founder of RL Fine Chem, our aim is to manufacture the highest quality injectables that cater to both domestic and global markets. Our facility meets WHO and international cGMP guidelines, and our strong global presence, worldwide network, financial strength, and research focus make us an attractive partner.

Job Overview

Ray Life Sciences Pvt. Ltd. is seeking an experienced and results-oriented Business Development professional to drive the growth of our API business. As a Business Development Executive, you will be responsible for identifying and cultivating new business opportunities, negotiating contracts, and expanding our customer base in the pharmaceutical manufacturing industry. This is a full-time position located in Bangalore, Karnataka, India.

Qualifications and Skills

• Bachelor's degree in business, pharmaceutical sciences, or a related field
• Minimum of 10 - 18 years of experience in business development in the pharmaceutical industry, with a focus on APIs
• Proven track record of successfully identifying and closing business deals
• Strong negotiation and communication skills
• In-depth knowledge of the pharmaceutical manufacturing industry, including market trends, competitors, and regulatory environment
• Ability to build and maintain strong relationships with key stakeholders
• Excellent analytical and problem-solving skills
• Self-motivated, with the ability to work independently and as part of a team
• Willingness to travel as required to meet clients and attend industry events

Roles and Responsibilities

• Identify and pursue new business opportunities in the API segment, focusing on the pharmaceutical manufacturing industry
• Develop and maintain strong relationships with existing and potential clients, delivering exceptional customer service and addressing their needs
• Lead negotiations and close deals with clients, ensuring mutually beneficial agreements
• Provide market insights and analysis to drive strategic decision-making and identify potential areas for business growth
•  To conclude the business deals with the international clients, and take quick action for commercialization
•  Market research, trends, data analysis, competitor analysis, customer preferences using data sources like IQVIA (IMS data), Exim data.
•  Co-ordinate with Regulatory Affairs for Samples, Document Deficiencies and Future Planning.
•   Communications with international clients and regulatory authorities regularly, and developing a close rapport with them.
•  Any other activity which needs to be done on the international client’s side or for the foreign country where the export needs to happen.
•  Important – Use of Social Media and Online Tools, to find out clients in different countries and then connect with them, and convert them as importers
•   New Market Development- Country research and importer research, sending initial emails, calling and fixing appointments to meet them.
•  Responsible to explore overseas business opportunities, and communicating with clients effectively to develop business, and increase sales.