3 Days Left Product Portfolio Manager

Company DescriptionDr Reddy s Laboratories Ltd is a leading multinational pharmaceutical company based across global locations Each of our 24 000 plus employees comes to work every day for one collective purpose to accelerate access to affordable and innovative medicines because Good Health Can t Wait We started in 1984 with a modest investment 20 employees and a bold vision Today we have research and development centres manufacturing facilities or a commercial presence in 66 countries For nearly four decades we have stood for access affordability and innovation based on the bedrock of deep science progressive people practices and robust corporate governance As the pharmaceutical industry evolves and undergoes disruption we see an opportunity - to strengthen our core further the next steps and to build the future the new bets The Next and the New is how we aim to continue to be the partner of choice - purpose-driven future-ready and sustainable Our aim is to reach over 1 5 Bn patients across the world by 2030 by growing our core businesses and building for the future with sustainability at the core of our purpose and strategy Sustainability for us means operating in a manner that respects people planet and purpose - helping us conserve precious resources serve our patients create value for stakeholders give back to society fulfil our potential and maintain our integrity and transparencyDr Reddy s maintains a work environment free from discrimination and is an equal opportunity employer We are committed to employ nurture all qualified diverse workforce without regard to race colour religion nationality sex age disability status genetics sexual orientation gender expression citizenship or any other characteristic or classification protected by applicable law s of the country we operate in We treasure every talent and recognize merit and diversity in our organization Job Summary We are looking for a Portfolio Manager responsible for driving growth strategies conducting market analyses and collaborating with cross-functional teams This role involves developing Portfolio Strategies in sync with DRL s near and long-term growth objectives product roadmaps building business cases evaluating commercial interests and taking make vs buy calls Roles ResponsibilitiesYour 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 NCE-1 Day-181 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 Stage-Gate Analysis using IMS sales data IP updates and internal project progress Continuously optimizing enhancing products portfolio considering the short long-term 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 DRL s 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 deal s terms negotiation and finalization Re-validating existing assets at regular intervals to ensure relevance and profitability while identifying non-performing 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 processesQualificationsEducational qualification M Pharm MBA from Tier I or Tier II Management InstitutesMinimum work experience 5 to 8 years preferably in pharmaceutical background minimum 2 years of functional experience in Portfolio ManagementSkills 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 P-II 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 Off-Patent off-Exclusivity products with no Gx Unexplored Markets for existing assets Improved more efficient RoS and regular CIPs Special API requirements PSD for drug-device 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 self-driven attitude actively pursuing goals and taking initiative