Panacea Biotec Mumbai Territory Business Manager Salaries by 6 Employees (Updated 2025)

3 - 8 years exp.

₹3.5 Lakhs - ₹4.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

34% less than the average Territory Business Manager Salary in Biotechnology Companies for 3 - 8 years of experience

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Salaries in different departments

Marketing & Communication Territory Business Manager Salary 3 - 8 years exp. (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.5 L/yr
Sales & Business Development Territory Business Manager Salary 8 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.9 L/yr
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Healthcare & Life Sciences Territory Business Manager Salary 5 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5 L/yr

Last Updated: 20 Mar 2025

Companies similar to Panacea Biotec for Territory Business Manager in Mumbai

Panacea Biotec Territory Business Manager Salary

3 - 8 years exp. (6 salaries)

₹3.5 L/yr - ₹4.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Biocon Limited Territory Business Manager Salary 3 - 8 years exp. (6 salaries)	₹3.7 L/yr - ₹6 L/yr 15% more
Biocon Biologics Territory Business Manager Salary 4 - 5 years exp. (3 salaries)	₹4.3 L/yr - ₹6.5 L/yr 31% more
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Abbott Territory Business Manager Salary 1 - 14 years exp. (134 salaries)	₹2.6 L/yr - ₹8.5 L/yr 33% more	81 job openings
Dr. Reddy's Territory Business Manager Salary 2 - 10 years exp. (20 salaries)	₹4.2 L/yr - ₹7.4 L/yr 36% more
AstraZeneca Territory Business Manager Salary 2 - 17 years exp. (18 salaries)	₹3.5 L/yr - ₹12 L/yr 83% more

Territory Business Manager salary at Panacea Biotec ranges between ₹3.5 Lakhs to ₹4.5 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 6 latest salaries received from various employees of Panacea Biotec.

Experience wise Panacea Biotec Territory Business Manager salaries in Mumbai

Last Updated: 20 Mar 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
4 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
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5 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
6 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
7 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.2 L/yr
8 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr

View all

Similar Designation salaries in Panacea Biotec

Area Business Manager Salary

(5 salaries)

₹4.2 L/yr - ₹8.3 L/yr

Area Sales Manager Salary

(5 salaries)

₹4.1 L/yr - ₹7.05 L/yr

Top skills at Panacea Biotec for Territory Business Manager

Territory Management Pharmaceutical Sales Pharma Marketing Territory Sales Management Pharma Selling

Salary related reviews for Panacea Biotec

1.8

Rated by 2 employees for salary & benefits

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 .

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

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Salary Discussions, Hike & Promotions

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

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Panacea Biotec Territory Business Manager Salary FAQs

What is the salary of Territory Business Manager at Panacea Biotec in Mumbai?

The average salary of a Territory Business Manager at Panacea Biotec in Mumbai typically ranges from ₹3.5 Lakhs to ₹4.5 Lakhs per year, depending on experience (from 3 years to 8 years).

The top 10% of Territory Business Manager in Mumbai at Panacea Biotec earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Territory Business 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 6 Panacea Biotec employees in India.

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

The estimated take-home salary of a Territory Business Manager at Panacea Biotec in Mumbai typically ranges from ₹32,869 to ₹34,140 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from 3 years to 8 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 6 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 Territory Business Manager at Panacea Biotec in Mumbai?

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

- Territory Management
- Pharmaceutical Sales
- Pharma Marketing
- Territory Sales Management
- Pharma Selling

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 Territory Business Manager in India?

AstraZeneca	₹3.5 Lakhs to ₹12.0 Lakhs per year
Dr. Reddy's	₹4.2 Lakhs to ₹7.4 Lakhs per year
Abbott	₹2.6 Lakhs to ₹8.5 Lakhs per year
Biocon Biologics	₹4.3 Lakhs to ₹6.5 Lakhs per year
Biocon Limited	₹3.7 Lakhs to ₹6.0 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.

How the salary growth look like for a Territory Business Manager at Panacea Biotec in Mumbai?

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

Experience	Average Salary Range
3 years	₹3.9 Lakhs to ₹5.0 Lakhs per year
4 years	₹3.9 Lakhs to ₹5.0 Lakhs per year
5 years	₹4.0 Lakhs to ₹5.1 Lakhs per year
6 years	₹4.0 Lakhs to ₹5.1 Lakhs per year

and so on.

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Panacea Biotec Territory Business Manager Salaries in Mumbai

Panacea Biotec Territory Business Manager salary in Mumbai ranges between ₹3.5 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Panacea Biotec latest salaries received from various employees of Panacea Biotec.