Panacea Biotec Business Development Manager Salaries by 5 Employees

4 - 10 years exp.

₹2.3 Lakhs - ₹5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

49% less than the average Business Development Manager Salary in Biotechnology Companies for 4 - 10 years of experience

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Last Updated: 11 Mar 2023

Companies similar to Panacea Biotec for Business Development Manager

Company name	Avg Annual Salary	Open Jobs
LifeCell International Business Development Manager Salary 2 - 8 years exp. (56 salaries)	₹2.6 L/yr - ₹6.8 L/yr 36% more
Biocon Limited Business Development Manager Salary 6 - 15 years exp. (24 salaries)	₹4.7 L/yr - ₹13.7 L/yr 147% more
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Biocon Biologics Business Development Manager Salary 6 - 14 years exp. (19 salaries)	₹4 L/yr - ₹12 L/yr 126% more
Thermo Fisher Scientific Business Development Manager Salary 5 - 20 years exp. (18 salaries)	₹15 L/yr - ₹30 L/yr 487% more
Praj Industries Business Development Manager Salary 9 - 16 years exp. (13 salaries)	₹10.8 L/yr - ₹22.5 L/yr 374% more
Serum Institute of India Business Development Manager Salary 9 - 18 years exp. (5 salaries)	₹3.3 L/yr - ₹30.5 L/yr 300% more
Bharat Biotech International Business Development Manager Salary 2 - 12 years exp. (4 salaries)	₹2.5 L/yr - ₹8.2 L/yr 39% more
Eurofins Scientific Business Development Manager Salary 7 - 14 years exp. (4 salaries)	₹13 L/yr - ₹17 L/yr 276% more	2 job openings
Datar Genetics Business Development Manager Salary 16 - 23 years exp. (3 salaries)	₹8 L/yr - ₹10 L/yr 131% more
Fermenta Biotech Business Development Manager Salary 10 - 12 years exp. (3 salaries)	₹14.2 L/yr - ₹20 L/yr 314% more

Business Development Manager salary at Panacea Biotec ranges between ₹2.3 Lakhs to ₹5 Lakhs per year for employees with experience between 4 years to 10 years. Salary estimates are based on 5 latest salaries received from various employees of Panacea Biotec.

Experience wise Panacea Biotec Business Development Manager salaries

Last Updated: 11 Mar 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
5 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr
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6 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
7 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
8 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
9 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.7 L/yr
10 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr

View all

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Territory Sales Manager Salary

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Area Business Manager Salary

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Deputy Manager Salary

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Regional Manager Salary

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₹7.2 L/yr - ₹9.2 L/yr

Top skills at Panacea Biotec for Business Development Manager

Organic Synthesis wise GMP Nuke

Salary related reviews for Panacea Biotec

2.9

Rated by 3 employees for salary & benefits

Business Development Executive

Marketing & Communication Department

5.0

• posted on 13 Jun 2020

4.0

for Salary and Benefits

Likes

I am working with safety avoid rush area crowded area company supporting me terms of salary and inputs like ppkit and mask company policies are good .

Salary - Good

+6 more

Dislikes

I got salary timely from the company but there is a big issue regarding my package i have completed 4year in panacea still my package is just 2.5 lack but new bde who joining the company got 3lacks package on same territory .senior bde of company is like a pillar company should give him more support as compare to new bde . Thankyou !

Sales Executive in Mumbai

Marketing & Communication Department

1.0

• posted on 24 Jul 2018

3.0

for Salary and Benefits

Likes

Work life balance

Dislikes

Delayed salary Policy paralysis Unresponsive senior management Nil growth Disconnect of managers from team No skill development Incompitable top management White elephants In company Spoiled corporate image among customers

Skill development - Bad

+3 more

Area Business Manager in Hyderabad / Secunderabad

Sales & Business Development Department

1.0

• posted on 31 Jan 2018

2.0

for Salary and Benefits

Likes

Worked for long 7years in the organization but very hard last 2years

Dislikes

There is no work culture now a days and there is no guaranteed salary date and overall single man show.There is no role of managers at all levels.

Salary - Poor

+6 more

Business Development Executive in Mumbai

Marketing & Communication Department

4.0

• posted on 28 Jun 2019

3.0

for Salary and Benefits

Likes

I have enjoyed worked with panacea and the knowledge which I have gained in the period of employment is amazing.But the company culture needs to be improved a lot

Skill development - Excellent

+1 more

Dislikes

Salary structure and not disbursement of salary at the right time

Territory Business Manager in New Delhi

Full Time

Sales & Business Development Department

3.0

• posted on 21 Feb 2025

3.0

for Salary and Benefits

Likes

Salary and expenses on time..expense policy is good. Culture is so nice supportive but some policy's is so worst.

Company culture - Excellent

Dislikes

No Investment, other segment product you also promote like i am in vaccine and i have to sale diaper and wipe.😒 ill happily keep promoting and sailing if they give more vaccine or pharma brands .

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Panacea Biotec Business Development Manager Salary FAQs

What is the salary of Business Development Manager at Panacea Biotec ?

The average salary of a Business Development Manager at Panacea Biotec in India typically ranges from ₹2.3 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 4 years to 10 years).

The top 10% of Business Development Manager at Panacea Biotec earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Business Development Manager Salaries at Panacea Biotec can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 5 Panacea Biotec employees in India.

What is the estimated take home salary of a Business Development Manager at Panacea Biotec in India?

The estimated take-home salary of a Business Development Manager at Panacea Biotec in India typically ranges from ₹28,647 to ₹30,031 per month. This is based on the average salary range of ₹2.3 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 4 years to 10 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 5 salaries received from various employees of Panacea Biotec. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Business Development Manager at Panacea Biotec ?

To be a Business Development Manager at Panacea Biotec in india, the key skills required include:

- Organic Synthesis
- wise
- GMP
- Nuke

These skills are highly valued at Panacea Biotec and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Panacea Biotec for Business Development Manager in India?

Thermo Fisher Scientific	₹15.0 Lakhs to ₹30.0 Lakhs per year
Praj Industries	₹10.8 Lakhs to ₹22.5 Lakhs per year
Fermenta Biotech	₹14.2 Lakhs to ₹20.0 Lakhs per year
Serum Institute of India	₹3.3 Lakhs to ₹30.5 Lakhs per year
Eurofins Scientific	₹13.0 Lakhs to ₹17.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Panacea Biotec, depending on the role and experience level.

What is the salary of a Business Development Manager in companies similar to Panacea Biotec in India?

The salary of a Business Development Manager at companies similar to Panacea Biotec in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Biocon Limited	₹4.7 Lakhs to ₹13.7 Lakhs per year
Datar Genetics	₹8.0 Lakhs to ₹10.0 Lakhs per year
Biocon Biologics	₹4.0 Lakhs to ₹12.0 Lakhs per year
Bharat Biotech International	₹2.5 Lakhs to ₹8.2 Lakhs per year
LifeCell International	₹2.6 Lakhs to ₹6.8 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Business Development Manager at Panacea Biotec in India?

The salary growth for a Business Development Manager at Panacea Biotec depends on factors such as experience, performance, and promotions. On average, a Business Development Manager can expect the following growth trajectory at Panacea Biotec:

Experience	Average Salary Range
4 years	₹2.2 Lakhs to ₹2.8 Lakhs per year
5 years	₹2.7 Lakhs to ₹3.4 Lakhs per year
6 years	₹3.1 Lakhs to ₹4.0 Lakhs per year
7 years	₹3.6 Lakhs to ₹4.6 Lakhs per year

and so on.

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Panacea Biotec Business Development Manager Salaries

Panacea Biotec Business Development Manager salary in India ranges between ₹2.3 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Panacea Biotec latest salaries received from various employees of Panacea Biotec.

Panacea Biotec Business Development Manager salaries in India

Companies similar to Panacea Biotec for Business Development Manager

Latest annual salaries shared by Panacea Biotec Business Development Manager

Experience wise Panacea Biotec Business Development Manager salaries

Similar Designation salaries in Panacea Biotec

Top skills at Panacea Biotec for Business Development Manager

Salary related reviews for Panacea Biotec

Business Development Executive

Sales Executive in Mumbai

Area Business Manager in Hyderabad / Secunderabad

Business Development Executive in Mumbai

Territory Business Manager in New Delhi

Panacea Biotec Business Development Manager Salary FAQs

Tell us how to improve this page.

Panacea Biotec Business Development Manager Salaries by Location