Product Portfolio Manager
Product Portfolio Manager
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Job Description
Job Summary
We are looking for a Portfolio Manager responsible for driving growth strategies conducting market analyses and collaborating with crossfunctional teams. This role involves developing Portfolio Strategies in sync with DRLs near and longterm growth objectives product roadmaps building business cases evaluating commercial interests and taking make vs buy calls.
Roles & Responsibilities
Your major responsibilities would include:
- Ideation and Selection of key products based on thorough business/financial and technical analytics
- Identifying unmet patient/clinical needs and monitoring latest research & trials to generate opportunities for complex generics NDDS and enhanced generics 505(b)2
- Creating detailed business strategies for NCE1/ Day181 development candidates taking calculated decisions on VI Vs external APIs and IH Vs CMO manufacturing considering project costs and timelines
- Monitoring and enhancing portfolio performance through StageGate Analysis using IMS sales data IP updates and internal project progress.
- Continuously optimizing/ enhancing products portfolio considering the short & longterm commercial objectives of DRL through planned launches at regular intervals
- Enhancing project gross margins and free cash flows through effective strategic planning and timely execution
- Ensuring maximum utilization of R&D and manufacturing capacities through bandwidth streamlining to maximize RoIs and minimize costs
- Liaising with commercial heads of DRLs key markets of interest (US EU EM IN JP RoWs) and ensuring leverage of existing assets through market extensions to maximize revenue potential
- Identifying potential partners/ vendors to deliver critical projects expanding development and manufacturing capabilities and supporting project teams in deals (terms) negotiation and finalization
- Revalidating existing assets at regular intervals to ensure relevance and profitability while identifying nonperforming assets for pruning
- Proposing capex/ bandwidth enhancements wherever required vs external manufacturing basis detailed RoI calculations and utilization assessments
- Mitigating the risk posed by external factors such as increased competition new legislations pricing pressure and increased costs of raw materials
Adoption of software platforms for automating portfolio process reducing reliance on manual processes
Qualifications :
Educational qualification: M Pharm/ MBA from Tier I or Tier II Management Institutes
Minimum work experience: 5 to 8 years preferably in pharmaceutical background; minimum 2 years of functional experience in Portfolio Management
Skills & Attributes:
- Strong Business and Financial acumen
- People & Stakeholder Management
- Strong work ethic and organizational focus
Technical Skills:
- Commercial & competitive landscape
- Focused TAs and current/ future standards of care
- Patient pool dynamics (EPI/ Incidence data)
- KoL views and latest medical literature
- Early stage (Clinical PII/III) candidates
- IP strategy requirement of new salts/ polymorphs (early entry better stability)
- Opportunity assessment (Differentiated Innovative & Niche products; shortages; Back orders Specialized Distribution Channel Products OffPatent offExclusivity products with no Gx Unexplored Markets for existing assets)
- Improved (more efficient) RoS and regular CIPs
- Special API requirements (PSD for drugdevice combo)
- Commercial and Paid databases
Behavioral Skills:
Effective project management skills ensuring successful planning and execution.
Proficiency in communication networking and interpersonal skills facilitating connections with internal and external stakeholders.
Ambition and a selfdriven attitude actively pursuing goals and taking initiative.
Remote Work :
No
Employment Type :
Fulltime
Employment Type
Full-time
