Market Research Analyst (Pharma)

Are you passionate about using data to drive business decisions and staying ahead of industry trends? Do you have experience in the pharmaceutical industry and a strong understanding of market research? If so, we have an exciting opportunity for you at Novo Nordisk as a Market Research Analyst (Pharma). As a member of our team, you will play a key role in driving the success of our company by providing valuable insights and recommendations for our pharmaceutical products. We are looking for a highly motivated and detail-oriented individual with strong analytical skills and a deep understanding of the pharmaceutical landscape. If this sounds like you, we encourage you to apply and join us in our mission to improve the lives of millions of patients worldwide.

1. Conduct market research and analysis to identify key trends, challenges, and opportunities in the pharmaceutical industry.
2. Collect, organize, and analyze data from various sources to provide actionable insights for business decisions.
3. Collaborate with cross-functional teams to develop and implement market research strategies.
4. Monitor and track competitor activities and market dynamics to inform strategic planning.
5. Prepare and present reports and presentations to key stakeholders, including upper management.
6. Utilize statistical methods and data visualization tools to translate complex data into meaningful insights.
7. Stay updated on industry trends, regulations, and best practices in pharmaceutical market research.
8. Develop and maintain relationships with external research agencies to support market research initiatives.
9. Communicate research findings and recommendations to internal teams, including marketing, sales, and product development.
10. Support the development of product positioning and messaging strategies based on market research insights.
11. Collaborate with sales teams to identify and pursue new business opportunities based on market research findings.
12. Ensure compliance with all applicable laws, regulations, and ethical standards in market research activities.
13. Contribute to the continuous improvement of market research processes and methodologies.
14. Train and mentor junior analysts on market research best practices and techniques.
15. Uphold the company's values and mission, and represent the organization in a professional and ethical manner.

According to JobzMall, the average salary range for a Market Research Analyst (Pharma) in Bengaluru, Karnataka, India is between ₹4,00,000 - ₹8,00,000 per annum. However, this can vary based on factors such as experience, education, and the specific company or industry the analyst is working in.

Novo Nordisk AS engages in the research, development, manufacture, and marketing of pharmaceutical products. It operates through the Diabetes and Obesity Care; and Biopharmaceuticals segments. The Diabetes and Obesity Care segment covers insulins, glucagon-like-peptide 1, other protein-related products, oral anti-diabetic drugs and obesity. The Biopharmaceuticals segment handles the research, development, manufacture, and distribution of products within the areas of haemophilia, growth hormone, hormone replacement, inflammation and other therapy areas.