Territory Business Manager at Abbott

Chennai, Tamil Nadu, India

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Not SpecifiedCompensation

Entry Level & New GradExperience Level

Full TimeJob Type

UnknownVisa

PharmaceuticalsIndustries

Requirements

Associates Degree (± 13 years)
No Experience

Responsibilities

Conduct market research and feasibility studies to analyze the viability of alternative business development opportunities
Collect, compile, verify, and analyze financial, competitive, sales, marketing, and other information about potential business partners, new markets, products and services, or other business opportunities so that senior management has accurate and timely information for making strategic and operational decisions
Prepare documents and materials (for example, reports, presentations, information packages) for meetings and negotiations with potential clients and business partners so that the information provided is accurate and appropriate for external distribution

Skills

Key technologies and capabilities for this role

Market ResearchFeasibility StudiesFinancial AnalysisCompetitive AnalysisSalesMarketingReport PreparationPresentationsNegotiation

Questions & Answers

Common questions about this position

What is the salary for the Territory Business Manager position?

The base pay for this position is listed as N/A, and in specific locations, the pay range may vary from the range posted.

Where is this position located and is it remote?

The position is located in India > Chennai : Padmini Building, with no mention of remote work options.

What qualifications are required for this role?

An Associates Degree (± 13 years) is required, and no prior experience is needed.

How much travel is involved in this job?

The role requires 100% travel time.

What are the main responsibilities of the Territory Business Manager?

Responsibilities include conducting market research and feasibility studies, collecting and analyzing information on business opportunities, and preparing documents for meetings and negotiations.

Abbott

Healthcare solutions in diagnostics and devices

About Abbott

Abbott Laboratories focuses on improving health through various medical technologies and health solutions. The company operates in areas such as cardiovascular health, diabetes management, diagnostic testing, nutrition, and neuromodulation for chronic pain and movement disorders. Abbott's products include advanced medical devices and diagnostic tests that help healthcare professionals and patients manage health conditions effectively. For example, their cardiovascular technologies assist in heart health management, while diabetes care products enable accurate glucose monitoring without painful fingersticks. Unlike many competitors, Abbott emphasizes accessibility and affordability in its offerings, aiming to make life-changing technologies available to a broader audience. The company's goal is to positively impact global health and well-being, supported by a commitment to sustainability and a 2030 Sustainability Plan.

Lake Bluff, IllinoisHeadquarters

1888Year Founded

IPOCompany Stage

HealthcareIndustries

10,001+Employees

Risks

Departure of key leader Dr. Adamson may affect Abbott's Heart Failure division.

Integration challenges with Medtronic could impact glucose monitor-insulin pump rollout.

Thermo Fisher's microfluidics expansion may increase competition for Abbott.

Differentiation

Abbott integrates continuous glucose monitoring with automated insulin delivery systems.

Abbott's microfluidic devices streamline diagnostic processes efficiently.

Abbott's neuromodulation products target specific nervous system areas for chronic pain relief.

Upsides

Microfluidic technology offers cost-effective solutions in diagnostics.

Strategic partnerships like Abbott-Medtronic enhance product offerings and market reach.

Significant investments indicate strong market confidence in Abbott's healthcare solutions.

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