Group Product 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 Title Group Product Manager -Gastro - Innovative Assets Incubation Cluster Reporting to Head of Marketing - Innovative Assets Launch Incubation Location HyderabadContext Dr Reddy s in its journey to move from 10 rank to 5 rank in the Indian Pharma Market has turbocharged its product innovation agenda Under this effort Dr Reddy s has lined up a strong list of innovative launches for the India market in the next 5 years either through own R D or partnerships with global innovator companies To ensure these innovative launches reach their fullest potential in the Indian market Dr Reddy s strongly believes in the importance of robust pre-launch medico-marketing marketing and market access activities In this regard Dr Reddy s has setup a dedicated Launch Incubation cluster to focus on the pre-launch activities for the innovative launches This team will be compromised of talented marketing professionals who will work with the rest of the organization medical market access R D supply chain regulatory to create an integrated pre-launch plan and ensure the relevant stakeholder network doctors payers institutions associations regulators is sufficiently engaged to ensure timely and rapid adoption of the products Job Summary We are seeking an experienced and strategic Group Product Manager to oversee the management of innovative pharmaceutical assets within Dr Reddy s newly launched Incubation cluster This individual will be responsible for leading and driving the product lifecycle from ideation through commercialization of innovative assets within the therapy space of GastroenterologyThe key work will be to incubate the innovative assets from a marketing medico-marketing regulatory and market access standpoint from T-24 to T-6 months before launch Key Responsibilities Innovative Asset Product Strategy Roadmap Develop and manage the product strategy and roadmap for an innovative asset s Lead market research and analysis to identify market needs competitive dynamics and growth opportunities for new products Define product vision positioning and value proposition in collaboration with key internal stakeholders R D COE marketing sales medical affairs Ensure alignment between product development efforts and overall company objectives Innovative Asset Product Lifecycle Management Oversee all aspects of the product lifecycle including product planning development launch and post-launch management of the innovative asset Work closely with R D and regulatory teams to ensure products meet all regulatory requirements and are positioned for successful approval and launch Develop and execute go-to-market strategies including pricing distribution and market access plans Monitor product performance and market feedback to make data-driven adjustments to product strategy and execution Cross-Functional Collaboration Lead cross-functional teams marketing R D sales COE commercial excellence regulatory medical to ensure cohesive product development and commercialization strategies Serve as the primary product champion communicating product strategy and vision to internal teams senior management and external stakeholders Collaborate with market access and medical teams to ensure that product positioning aligns with healthcare professional and provider needs Innovation Market Trends Stay current with industry trends consumer trends emerging technologies and competitive products and leverage this knowledge to influence the product strategy Identify opportunities for product innovation and differentiation to ensure the portfolio remains competitive and relevant Financial Performance Management Track key performance metrics sales market share customer feedback to assess the success of product strategies and make adjustments as needed Prepare and present regular updates to senior management on product performance strategic initiatives and potential risks QualificationsQualifications Skills Bachelor s in a STEM area MBA from reputed Tier 1 University College Experience 3-5 years of core marketing experience Track record of launching and building innovative products Deep therapy expertise in at least one of the following therapy areas - Gastroenterology Skills Strong analytical skills Deep problem solving skills Ability to translate complex innovations into compelling marketing narratives Resilience in managing uncertainties Courage to make bold moves Ability to work smoothly in a matrix environment The ideal candidate will have a strong background in pharmaceutical product management with a focus on innovative therapies and a proven track record of successfully launching and managing innovative products in highly competitive and regulated markets Additional InformationAbout the Department Global Generics India Global Generics India business journey began in 1986 In the last three decades we have grown as a trusted name in the healthcare industry and rank as one of the top 10 Pharma Companies in the Indian Pharma Market IPM as per IQVIA MAT November 2022 Our commitment to Lead Ahead has helped us move ranks from 16th position to 10th position IPM in the last four years We are a fast-growing organisation with double-digit growth and significant market share in domestic markets Currently we rank among the top 5 in oncology anti-allergy and gastrointestinal diseases and the top 10 in a few other therapy areas Our focus is on leveraging our digital capabilities collaborations innovations and inorganic opportunities to become the top 5 companies in the Indian Pharma Market Benefits Offered At Dr Reddy s we actively help to catalyse your career growth and professional development through personalised learning programs The benefits you will enjoy at Dr Reddy s are on par with the best industry standards They include among other things and other essential equipment joining relocation support family support Maternity Paternity benefits learning and development opportunities medical coverage for yourself and your family life coverage for yourself Our Work Culture Ask any employee at Dr Reddy s why they come to work every day and they ll say because Good Health Can t Wait This is our credo as well as the guiding principle behind all our actions We see healthcare solutions not only as scientific formulations but as a means to help patients lead healthier lives and we re always attuned to the new and the next to empower people to stay fit And to do this we foster a culture of empathy and dynamism People are at the core of our journey over the last few decades They have been supported by an enabling environment that buoys individual ability while fostering teamwork and shared success We believe that when people with diverse skills are bound together by a common purpose and value system they can make magic For more details please visit our career website at https careers drreddys com