Territory Business Manager NovaNxt at Abbott

Hyderabad, Telangana, India

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Not SpecifiedCompensation

Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

PharmaceuticalsIndustries

Requirements

Willingness to travel 100% of the time
Ability to stand continuously for prolonged periods (more than 2 consecutive hours in an 8-hour day)

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 to provide senior management with accurate and timely information for strategic and operational decisions
Prepare documents and materials (e.g., reports, presentations, information packages) for meetings and negotiations with potential clients and business partners to ensure the information is accurate and appropriate for external distribution

Skills

Key technologies and capabilities for this role

market researchfeasibility studiesfinancial analysiscompetitive analysissales analysismarketing analysisbusiness developmentreport preparationpresentation skillsnegotiation

Questions & Answers

Common questions about this position

What is the base pay for this Territory Business Manager position?

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

Where is this role located and is it remote?

The position is located in Hyderabad at No 1-6-140, India, with no mention of remote work options.

How much travel is required for this role?

This role requires 100% travel time.

What are the significant work activities for this position?

The role involves continuous standing for prolonged periods, more than 2 consecutive hours in an 8-hour day.

What experience or skills make a strong candidate for this Territory Business Manager role?

Strong candidates should have experience in conducting market research, feasibility studies, analyzing financial and competitive data, and preparing reports and presentations for business development 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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