Senior Business Development Executive at Thermo Fisher Scientific

Swindon, England, United Kingdom

Thermo Fisher Scientific Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Pharmaceuticals, Life Sciences, BiotechnologyIndustries

Requirements

  • B.Sc or equivalent experience in a scientific field (e.g., chemistry, biochemistry, pharmacy) or a business-related background
  • MBA or similar background in business education
  • Extensive experience in sales, deal composition, and key account or relationship management
  • Background in selling CDMO (preferred)
  • Sterile background or expertise (preferred)
  • Strong analytical skills including financial competence
  • Demonstrated history of effectively acquiring business from significant accounts
  • Demonstrated success engaging effectively with senior leaders both internal and external to the company
  • Commercial account leadership with demonstrated experience leading complex, high-value, high-growth accounts in a matrix environment with multiple partners
  • Reliable partner with a track record of coordinating activities and influencing actions within a team and Company
  • Strong negotiation and communication skills
  • Complex deal structuring experience
  • Self-motivated and dedicated to achieving goals
  • Proficient in English

Responsibilities

  • Build Sterile DPD business development strategy for assigned strategic accounts in the Pharma Services Group, incorporating division-level goals and objectives
  • Become an authority in the partner’s pipeline and portfolio to proactively uncover valuable business opportunities
  • Lead tactical RFPs and run rate deals as well as large, sophisticated deals within BU
  • Develop relationships at senior levels within select accounts to advance Thermo Fisher’s access and opportunities
  • Develop account leverage across the breadth of the portfolio
  • Lead the Sterile sales objectives for each client
  • Support the development, alignment, and pull-through of customer-specific contracts
  • Lead sterile-specific contractual negotiations and the full sales process for assigned accounts
  • Use opportunities and initiatives such as bundles, incentives, and rebates to grow DPD’s share of spend with Thermo Fisher
  • Anticipate and regularly think about challenge points and opportunities for more customer engagement and/or customer experience; share findings with key collaborators
  • Gather information, analyze, and develop commercial strategies with customer dynamics and focus
  • Understand the key operating cycles and imperatives of the client: Budget cycle, strategic sourcing priorities, and business processes
  • Apply customer relationship management system and reporting tools to accurately forecast sales numbers, communicate, and update on sales objectives

Skills

Business Development
Sales Strategy
Account Management
RFP Management
Contract Negotiation
Pharma Services
Sterile Drug Product Development
Pipeline Analysis
Relationship Building
Strategic Planning

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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