Precision Medicine Group

Business Development Director

Precision Medicine Group$162K — $243K *
Pharmaceuticals & Biotech
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree and 5 years of related sales experience, or Master's Degree and 2 years, or PhD with up to 1 year of experience.
  • Proven track record of successful business development in pharmaceutical, biotech, or CRO sectors, particularly in biobanking and specialty lab services.
  • Self-directed and self-motivated with an ability to work at a highly technical level.
  • Team player with collaborative skills to share knowledge effectively.
  • Creative and strategic thinker, capable of tactical execution in dynamic environments.
  • Willingness to travel up to 35%, including international travel.

Responsibilities

  • Identify and capture business opportunities for Precision Bioservices' products and services.
  • Cultivate and maintain strong client relationships.
  • Collaborate with internal teams such as Marketing and Technical Support to enhance service offerings.
  • Evaluate and qualify sales leads to maximize conversion.
  • Draft and submit proposals based on consultations with Bioservices experts.
  • Develop accurate project budgets and pricing utilizing internal resources.
  • Close new business and expand existing client accounts.

Benefits

  • Eligible for a discretionary annual bonus.
  • Comprehensive health insurance.
  • Retirement savings benefits.
  • Life insurance and disability coverage.
  • Parental leave.
  • Paid time off for sick leave and vacation.
Full Job Description
Position Summary:

The Business Development Director - Lab Services is responsible for identifying and closing significant business opportunities for Precision Bioservices in the assigned area of responsibility and/or region.

Essential functions of the job include but are not limited to:
  • Identifies opportunities for all Bioservices products and services, with an emphasis on biobanking, sample preparation services, and specialty lab services
  • Develops and enhances client relationships
  • Establishes a strong working relationship with Marketing, Technical Support, Customer Support and Production
  • Qualifies leads
  • Writes proposals, consulting as appropriate with internal Bioservices experts
  • Develops project budgets and pricing, utilizing in-house resources to ensure budget accuracy
  • Closes new business and expands existing business relationships
  • Attend conferences, trade shows and meetings as required
  • Maintain contacts and opportunities using SalesForce.com
  • Other responsibilities as assigned

Qualifications:

Minimum Required:
  • Bachelor's Degree and 5 years of related sales experience; or
  • Master's Degree and 2 years of related sales experience; or
  • PhD and 0-1 years of related sales experience

Other Required:
  • Team player willing to collaborate and share knowledge
  • Ability to work independently, manage time and create plans to achieve personal goal
  • Ability to think creatively and strategically and act tactically in a dynamic environment
  • Track record of successive increasing levels of responsibility
  • Proven track record of successful client relationship management and business development in pharmaceutical, biotech or CRO organization with success in sales of biobanking, sample preparation services, and specialty lab services
  • Must be self-directed and self-motivated to work at a highly technical level
  • Willing to travel up to 35%
  • Must possess a valid driver's license allowing you to drive in the state(s) you drive in
  • Able to travel both domestically and internationally including overnight stays

Preferred:
  • Academic concentration in life sciences or related field
  • Masters or Ph.D. in Life Sciences, Molecular Biology or Biochemistry
  • 10 years of related sales experience


***Compensation range listed considers base salary with the potential for incentives***

#LI-KH1 #LI-Remote

This role is also eligible for a discretionary annual bonus, health insurance, retirement savings benefits, life insurance and disability benefits, parental leave, and paid time off for sick leave and vacation, among other benefits.

Reasonable estimate of the current range

$162,000-$243,000 USD

About Precision Medicine Group

Precision Medicine Group is a healthcare services company that provides clinical development, regulatory affairs, and commercialization services to pharmaceutical and biotechnology companies. The company was founded in 2012 and is headquartered in Wilmington, Delaware. Precision Medicine Group has over 1,000 employees and operates in over 25 countries. The company's clients include 22 of the top 25 pharmaceutical companies in the world. Precision Medicine Group has been recognized as one of the fastest-growing private companies in the United States by Inc. magazine.
Learn more about Precision Medicine Group
Size
1,000 employees
Industry
Founded
2012
5 Year Trend
+50%
Revenue
$200 million

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