Business Development Director – Pharma Competitive Intelligence and Consulting
- Full-time
Company Description
About m360 Research: m360 Research is a full-service market research agency specializing in the healthcare space. Our proprietary panels include over 1 million physicians across 75 specialties in addition to substantial communities of allied HCPs, and payers. Founded in 2004, with a strong provenance in technology and innovation, m360 is committed to high quality and actionable insights, underpinned by robust physician verification and ISO certification (9001, 20252, 27001). International fieldwork services are complemented by full service advanced analytics to power data-driven decision making.
About M3: m360 Research is a wholly owned subsidiary of M3, a Japanese global leader in the provision of ground-breaking and innovative technological and research solutions to the healthcare industry. The M3 Group operates in the US, Asia, and Europe with over 5.8 million physician members globally via its physician websites which include mdlinx.com, m3.com, research.m3.com, Doctors.net.uk, medigate.net, and medlive.cn. M3 Inc. is a publicly traded company on the Tokyo Stock Exchange (jp:2413, NIKKEI 225) with subsidiaries in major markets including the US, UK, Japan, South Korea, and China, and in 2020 was ranked in Forbes’ Global 2000 list. The M3 Group provides services to healthcare and the life science industry. In addition to market research, these services include medical education, ethical drug promotion, clinical development, job recruitment, and clinic appointment services. M3 has offices in Japan, UK, France, Germany, Brazil, Sweden, China, USA, and South Korea, as well as India.
Job Description
About Pharma CI Team:
M360 Research Pharma CI practice is a leading provider of competitive intelligence and consulting services within the pharmaceutical sector. Our clients trust us to deliver actionable insights that drive their market positioning and strategy decisions. We specialize in providing tactical and strategic intelligence to help pharmaceutical companies stay ahead of the competition and make data-driven decisions.
Position Summary:
We are seeking an experienced and driven Business Development Director to lead the sales efforts for our Pharma Competitive Intelligence and Consulting team. The individual will be responsible for generating and managing new business opportunities to deliver the sales and revenue target for the group. This role will work closely with senior leadership of m360, M3 Global Research, and clients to align business development strategies with market needs and company goals.
Key Responsibilities:
- Develop and execute a comprehensive business development strategy to achieve the target revenue within the first year.
- Identify and pursue new business opportunities within the pharmaceutical sector, with a particular focus on competitive intelligence and consulting services.
- Build and maintain strong relationships with key decision-makers, including senior-level executives at pharmaceutical companies.
- Understand and anticipate client needs to propose tailored solutions that meet business objectives and position M360 Research as a strategic partner.
- Lead and manage the full sales cycle, including prospecting, proposals, negotiations, and closing deals.
- Collaborate with internal Pharma CI teams, including consulting and research experts, to ensure seamless client engagement, delivery of services, and solutions.
- Provide ongoing account management and ensure high levels of client satisfaction and retention.
- Track and report on sales performance metrics, forecasts, and market trends to senior management.
- Represent M360 Research at industry events, conferences, and networking opportunities to increase visibility and expand market reach.
- Stay updated on industry developments, competitor activities, and emerging trends in pharma and competitive intelligence.
Qualifications
- Proven track record in business development within the pharmaceutical, biotech, or life sciences sector, with a focus on competitive intelligence or consulting services.
- Minimum of 7-10 years of experience in a business development or sales leadership role.
- Strong network of contacts within the pharmaceutical industry, especially with decision-makers at early-stage and mid-sized pharma companies.
- Demonstrated ability to achieve revenue targets and grow business portfolios.
- Excellent communication, negotiation, and presentation skills.
- Ability to work in a fast-paced environment and manage multiple priorities.
- Experience collaborating with large cross-functional teams to deliver high-quality client solutions.
- Knowledge of competitive intelligence methodologies and pharma market dynamics is a strong advantage.
- Bachelor’s degree required; MBA or advanced degree in life sciences is a plus.
Additional Information
Personal Qualities:
- Organized, self-motivated and self-directed.
- Ingenuity, with a willingness and enthusiasm for learning new techniques
- Excellent interpersonal communication skills
All your information will be kept confidential according to EEO guidelines.