Portfolio Manager provides deep insight and foresight based on understanding of industries, customers, markets, consumers, needs and competitive solutions.
Main goal is to ideate and develop robust product pipeline, ensuring alignment with overall business goals and objectives to drive the future growth of Dr. Reddy’s. Successful candidate for the Portfolio Manager role must possess a unique combination of strong analytical and forecasting capabilities, understanding of disease area management and gaps, in-depth knowledge of the market/competitive landscape, capability to comprehend clinical data, good marketing exposure, and excellent communication and leadership skills.
Responsibilities:
- Work on product portfolio of the company and strategy planning for new products / TA’s / business according to global & local strategy
- Drive the process of product ideation & approval across categories to ensure BU multi-year leading growth
- Product evaluations/selection at high level in alignment with key stakeholders (local/global),
- Co-create product profile in line with unmet needs & marketing requirements and align regulatory, clinical, development strategy for the product profile
- Topline Product Business Case calculation for top level product selection
- Ownership (from Country side) of Internal Product Approval Process from Management
- Monitoring & Support backend development process to ensure timely product launch
- Continuous Risk Management: Identify and assess potential risks and challenges in product development and launches; develop and implement appropriate mitigation strategies.
- Driving Market Research to continuously monitor industry trends, competitive landscape, and customer needs to identify opportunities for portfolio expansion and improvement.
- Cross-Functional Collaboration: Work closely with various departments (e.g., R&D, Marketing, RA, Medical Marketing, Finance, and others) to ensure effective communication, coordination, and execution of product ideation and development
- Ensures clear communication amongst the project teams, therapeutic area strategy teams and departmental functions.
Qualifications:
- University degree (Medicine, Pharmaceutical, Chemistry, Biotechnology or related is a plus)
- Minimum 5 years’ experience in Product Marketing in pharmaceutical industry.
- Marketing experience in multiple Therapeutic areas (Respiratory/Gynae/Musculoskeletal/Gastro/Derma/CVD).
- Proven brand/disease area portfolio development expertise- Ideating & launching line extensions (life cycle management) & new products to strengthen presence in given disease area
- Experience in independently creating Business cases (Forecasting) & PnL
- Expertise in project management: process building, timely execution & delivery
- Industry knowledge: Fair understanding of drug development, regulatory, clinical, compliance, market dynamics, and customer needs.
- Experience with data analysis and ability to effectively communicate findings while tailoring to variety of different audiences
Skills:
- Well-established written and verbal communication skills.
- Highly Collaborative. Experience in leading cross-functional teams, building consensus, and driving alignment on strategic initiatives
- Goal oriented self-starter& Independent worker: comfortable owning processes/projects and seeing them through to completion
- Must be able to parallel work on multiple projects
- Strong presentations and public speaking skills
- Excellent organizational skills and process-oriented
- Desire to learn new things
English – advanced written and verbal
