Senior Business Development Manager, Medicine Supply Map
BioSpace · Rockville, MD · 1 mo ago
Business Development$127k–$157k/yrFull-time
Responsibilities
- Drive new business growth by proactively prospecting pharmaceutical manufacturers and distributors, building and advancing a strong pipeline of qualified opportunities.
- Identify, engage, and develop relationships with key decision-makers across commercial, supply chain, and executive leadership teams.
- Lead consultative discovery to understand customer challenges and position the Medicine Supply Map as a solution to improve supply chain visibility, risk mitigation, and commercial decision making.
- Deliver tailored demonstrations, presentations, and value-driven narratives that clearly articulate measurable business outcomes.
- Develop and execute strategic account plans for target prospects, aligning USP’s capabilities to customer priorities and market dynamics.
- Own the full sales cycle from initial outreach through contract execution, including proposal development, negotiation, and closing.
- Partner with Customer Success, Product, and Data Science teams to ensure alignment between customer needs, solution capabilities, and long-term growth opportunities.
- Leverage market intelligence and industry expertise to identify whitespace opportunities and differentiate USP in a competitive landscape.
- Maintain accurate pipeline forecasting and consistently meet or exceed revenue targets.
- Serve as the primary commercial point of contact with USP Legal to support contract negotiations and license agreement execution.
Requirements
- Demonstrated understanding of USP’s mission and commitment to excellence through inclusive and equitable behaviors and practices.
- Strong ability to prospect, build pipeline, and engage senior-level stakeholders across commercial operations, sales, and supply chain functions.
- Excellent communication, negotiation, and problem-solving skills with a focus on value-based selling.
- Consultative sales approach with the ability to translate complex data and analytics into clear, actionable business value.
- Experience presenting SaaS or data-driven solutions to diverse audiences, including executive leadership.
- Understanding of pharmaceutical supply chain, market intelligence, or related industry dynamics is preferred.
- Collaborative mindset with the ability to align customer needs with product capabilities and drive cross-functional engagement.
Qualifications
- Bachelor’s degree in business administration or a related field.
- 5+ years of successful experience in a new business development or Account Executive role, preferably within SaaS, data analytics, or supply chain solutions.
Skills
- Strong communication and negotiation skills.
- Ability to translate complex data and analytics into clear, actionable business value.
- Consultative sales approach.
- Experience in pharmaceutical supply chain or related industries.
Benefits
- Comprehensive healthcare options.
- Retirement savings.
Pay
- Base Salary Range: USD $127,102.00 – $156,550.00 annually.
- Target Annual Bonus: % Varies based on level of role.
Schedule
- This is a 100% remote role.