Product Manager

Job Summary
We are looking for a Product Manager to develop, implement, and maintain long-term strategies for high-potential products in our current and future portfolio, aiming to maximize market share and profitability through strategic planning and execution.

Roles & Responsibilities

1. You will be responsible for conducting an in-depth evaluation of the competitive landscape and identifying opportunities for the organization. This involves defining key success factors and requirements necessary for a successful product launch and owning the product strategy document.

2. You will work with Markets & Biologics teams to define success criteria for the product and key initiatives to ensure success for the product

3. You will support markets define the commercial strategy for the product early on, including market access strategy and plan, and creating marketing materials.

4. You will also identify and mitigate potential hurdles, threats, and risks, both at the market and development/manufacturing side

5. You will ensure cross-functional alignment on forecasts, product volume capacity requirements, and launch preparation, including recommendations for long-term product-specific capacity investments.

6. You will be accountable for the product's profit and loss (P&L), including profitability calculation reflecting product-specific sales and marketing costs and other investments before and after handing over to markets.

7. Your role includes defining and monitoring the life cycle management strategy with development teams and optimizing product allocation for products under supply constraints.

8. Your responsibilities extend to portfolio optimization and rationalization, involving commercial growth strategies, portfolio rationalization, and conducting in-depth costing analysis and improvement strategies to enhance overall performance of the product.

Educational qualification: MBA

Minimum work experience:ਅ-8 years of experience in similar Commercial, Program/Project Management or Strategy roles in Pharma or Lifesciences space

Skills & attributes:
Technical Skills
. Proficiency in managing and coordinating development projects from initiation to completion, including setting project goals, timelines, resource allocation, and risk management.
. Experience in preparing for new product launches, including market analysis, competitor research, launch strategy development, and coordination with various departments to ensure successful market entry.
. Expertise in overseeing the entire lifecycle of commercial products, including product planning, pricing, positioning, and promotion to maximize profitability and market share.
. Experience in understanding market research, including market trends, customer preferences, and competitor activities for strategic decision-making.
. Knowledge of market access strategies and marketing tactics to ensure products are accessible to target markets and effectively promoted to healthcare providers, payers, and patients.
. Understanding of development and manufacturing supply value chain for Biosimilars or Biologics
Behavioural skills
. Ability to collaborate effectively with cross-functional teams, including R&D, marketing, sales, finance, and regulatory affairs, to achieve project objectives and deliver results.
. Strong leadership and communication skills, with the ability to influence stakeholders at all levels.
. Critical thinking and problem-solving skills for investigations and process optimization.
. Strong strategic thinking and decision-making skills.
. Attention to detail and ability to multitask in a fast-paced environment.