Business Development Partner - DRL Biologics Out-Licensing
Company: Dr. Reddy's Laboratories Ltd
Location: Lincoln
Posted on: June 1, 2025
Job Description:
Company Description
Dr. Reddy's Laboratories Ltd. is a leading multinational
pharmaceutical company based across global locations. Each of our
24,000 plus employees comes to work every day for one collective
purpose: to accelerate access to affordable and innovative
medicines because Good Health Can't Wait.We started in 1984 with a
modest investment, 20 employees and a bold vision. Today, we have
research and development centres, manufacturing facilities or a
commercial presence in 66 countries.For nearly four decades, we
have stood for access, affordability and innovation based on the
bedrock of deep science, progressive people practices and robust
corporate governance. As the pharmaceutical industry evolves and
undergoes disruption, we see an opportunity - to strengthen our
core further (the next steps) and to build the future (the new
bets).'The Next and the New' is how we aim to continue to be the
partner of choice - purpose-driven, future-ready and sustainable.
Our aim is to reach over 1.5 Bn+ patients across the world by 2030
by growing our core businesses and building for the future with
sustainability at the core of our purpose and strategy.
Sustainability for us means operating in a manner that respects
people, planet and purpose - helping us conserve precious
resources, serve our patients, create value for stakeholders, give
back to society, fulfil our potential and maintain our integrity
and transparencyDr Reddy's maintains a work environment, free from
discrimination and is an equal opportunity employer. We are
committed to employ & nurture all qualified diverse workforce
without regard to race, colour religion, nationality, sex, age,
disability status, genetics, sexual orientation, gender expression,
citizenship or any other characteristic or classification protected
by applicable law(s) of the country we operate in. We treasure
every talent, and recognize merit and diversity in our
organization."
Job Description
We are seeking a dynamic and strategic Business Development
Partnerto join our Biologics team in Hyderabad, India. In this
pivotal role, you will be responsible for driving licensing
initiatives for our portfolio, identifying potential partners, and
negotiating favorable agreements to maximize the value of our
intellectual property portfolio.
- Develop and implement licensing strategies aligned with the
company's overall business objectives
- Identify and evaluate potential licensing opportunities for the
company's products and technologies
- Conduct market analysis to assess commercial potential of own
productsfor out-licensing
- Lead negotiations & due diligence with current and potential
partners, ensuring favorable terms and conditions for licensing
agreements
- Lead term sheet / agreement sign-off, ensuringadherence to BD
guidelines, contract development & sign off through collaboration
withcross-functional teams, including commercial/ alliance,country
teams, legal, finance, portfolio, regulatory, SCM, IPM, clinical,
operations, etc.to support deal diligence and out-licensing
activities
- Manage and maintain relationships with existing licensees and
partners and drive new BD opportunities with existing and potential
customers
- Evaluate proposals from external manufacturing partners to
de-risk internal assets through Contract Manufacturing
proposals
- Monitor industry trends and competitor activities to inform
out-licensing strategies
- Prepare and present business cases, financial models, and
reports to senior management
- Ensure compliance with regulatory requirements and company
policies in all out-licensing activities
- BD Process Management and Digitization:create work flows to
digitize Business Development process; assign ownerships to tasks
across stakeholders and use BDtools/ automated solution to
facilitate measurement, tracking and business process
improvement
Qualifications
- Bachelor's degree in Business, Life Sciences, or related field;
MBA or advanced degree preferred
- 2-3 years post MBA (overall 5-6 years preferred) of experience
in business development or licensing within the pharmaceutical or
biotechnology industry
- Prior Exposure/Experience in: Strategic management / Business
Development / Partnering / Alliance Management/ Management
Consulting for Life Sciences
- Strong understanding of the drug development and
commercialization process
- Proven track record in successfully negotiating and closing out
licensing deals
- Demonstrated ability to analyze market trends and competitive
landscapes; relate macro-economic developments with impact on local
market, understand & track competitors
- Understanding of internal processes, people & organization
- Strong financial acumen and experience with financial
modeling
- Exceptional articulation, communication and presentation
skills
- Ability to build and maintain relationships with internal and
external stakeholders
- Willingness to travel as required for business development
activities
Additional Information
"Skills & attributes:
- Business Case development/ analysis
- Partner management/ alliance management
- Fundamental awareness of the Biologics/ Bio-pharma
industry
- Financial Analysis/ P&L analysis
- Good knowledge of recent trends & Market Intelligence and
business dynamicsBehavioralSkills
- Excellent communication, negotiation, and interpersonal
skills
- Strong analytical and problem-solving abilities with a keen eye
for detail
- Ability to work collaboratively in a cross-functional team
environment
- Strong Networking skills and quick learning abilityBenefits
OfferedAt Dr. Reddy's we actively help to catalyze your career
growth and professional development through personalized learning
programs.The benefits you will enjoy at Dr. Reddy's are on par with
the best industry standards. They include, among other things and
other essential equipment, joining & relocation support, family
support (Maternity & Paternity benefits), learning and development
opportunities, medical coverage for yourself and your family, life
coverage for yourself." Our Work CultureAsk any employee at Dr.
Reddy's why they come to work every day and they'll say, because
Good Health Can't Wait. This is our credo as well as the guiding
principle behind all our actions. We see healthcare solutions not
only as scientific formulations, but as a means to help patients
lead healthier lives, and we're always attuned to the new and the
next to empower people to stay fit. And to do this, we foster a
culture of empathy and dynamism. People are at the core of our
journey over the last few decades. They have been supported by an
enabling environment that buoys individual ability while fostering
teamwork and shared success. We believe that when people with
diverse skills are bound together by a common purpose and value
system, they can make magic.For more details, please visit our
career website at "
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Keywords: Dr. Reddy's Laboratories Ltd, Omaha , Business Development Partner - DRL Biologics Out-Licensing, Other , Lincoln, Nebraska
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