Thermo Fisher Scientific

Biotech Business Development Associate (North America)

New York, New York, United States

Not SpecifiedCompensation
Entry Level & New Grad, Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Biotechnology, Pharmaceutical Services, Life SciencesIndustries

Business Development Associate (BDA)

Employment Type: Full-time Work Schedule: Standard (Mon-Fri) Environmental Conditions: Office

Position Overview

Here at Thermo Fisher Scientific, our industry-leading scale means unparalleled commercial reach, unique customer access, and a global footprint. Our broad customer base, from research, clinical to commercial production, means you can have a broad and significant impact. All while working in an environment where you will be supported, valued, and rewarded for your performance. Join our Sales & Marketing team with an unmatched depth of capabilities and help our customers solve some of the world’s toughest challenges.

As part of the Thermo Fisher Scientific team in our Bio Tech Solutions Team within our Pharma Services Group, the Business Development Associate will work within the designated territory to drive new growth opportunities, supporting the growth of our division! Are you up for the challenge?

Key Responsibilities

  • Research, identify, and qualify potential client companies that fit with the services of the business.
  • Engage prospective clients with a targeted message about our services and how we can contribute to their projects.
  • Gain the support of local Business Development Executives (BDEs) or Account Executives (AEs) and relevant subject matter experts (SMEs) to discuss possible project opportunities.
  • Prepare the internal team with intel and company summaries ahead of prioritizing calls.
  • Coordinate the establishment of Confidentiality Disclosure Agreements (CDAs) with new clients and the business.
  • Work with BDEs or AEs to collect information to be able to submit requests for proposals (RFPs) within SalesForce.
  • Use business intelligence platforms and other internal digital tools to improve the ability to find and advance new opportunities.
  • Communicate information and new project requirements to enable evaluation and generation of product proposals.
  • Maintain accurate and current data in the client database for the assigned territory.

Requirements and Qualifications

  • Bachelor's degree in a related field, or equivalent experience.
  • Requires a minimum of 5 years of related experience; or 3 years with an advanced degree.
  • Experience in the life sciences industry, with preference for pharma/biotech industry including business development, commercial, or CDMO/CRO exposure.
  • Strong prospecting skills and a curiosity for sales.
  • A highly self-motivated individual.
  • Experience with SalesForce or a similar Customer Relationship Management (CRM) platform preferred.
  • Valid driving license may be required depending on the location.

Compensation and Benefits

The salary range estimated for this position based in New York is $82,500.00–$123,750.00.

This position may also be eligible to receive a variable annual bonus based on company, team, and/or individual performance results in accordance with company policy. We offer a comprehensive Total Rewards package that our U.S. colleagues and their families can count on, which includes:

  • A choice of national medical and dental plans, and a national vision plan, including health incentive programs.
  • Employee assistance and family support programs, including commuter benefits and tuition reimbursement.
  • At least 120 hours paid time off (PTO), 10 paid holidays annually, paid parental leave (3 weeks for bonding and 8 weeks for caregiver leave), accident and life insurance, and short- and long-term disability in accordance with company policy.
  • Retirement and savings programs, such as our competitive 401(k) U.S. retirement savings plan.
  • Employees’ Stock Purchase Plan (ESPP) offers eligible colleagues the opportunity to purchase company stock at a discount.

For more information on our benefits, please visit: https://jobs.thermofisher.com/global/en/total-rewards

Skills

Business Development
Sales
Client Engagement
Lead Generation
Market Research
Salesforce
Business Intelligence
Client Relationship Management
Proposal Development
Confidentiality Disclosure Agreements (CDAs)

Thermo Fisher Scientific

Provides life sciences products and services

About Thermo Fisher Scientific

Thermo Fisher Scientific offers a variety of products and services that support scientific research and healthcare, including laboratory equipment, reagents, and software solutions. Their products are used in applications like protein biology, real-time PCR, and sequencing, serving clients such as academic institutions and pharmaceutical companies. Unlike competitors, Thermo Fisher emphasizes customer support and education, helping clients optimize their experiments. The company's goal is to be a leading provider of life sciences solutions that contribute to a healthier and safer world.

Waltham, MassachusettsHeadquarters
1956Year Founded
$17MTotal Funding
IPOCompany Stage
Biotechnology, HealthcareIndustries
10,001+Employees

Risks

Increased competition in single-use bioprocessing may impact market share.
Sale of anatomical pathology business could create a temporary product gap.
Investment in miDiagnostics may face regulatory challenges affecting returns.

Differentiation

Thermo Fisher offers a comprehensive range of life sciences products and services.
Their well-known brands include Thermo Scientific, Applied Biosystems, and Invitrogen.
They provide strong customer support and educational resources to optimize client workflows.

Upsides

Expansion of biologics production facility enhances capacity for precision biologics monitoring.
Investment in miDiagnostics aligns with demand for rapid diagnostic solutions in BioPharma.
Collaboration with Mainz Biomed positions them in the growing cancer detection market.

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