Product Manager

4 days ago


Hyderabad, Telangana, India Dr Reddy's Laboratories Limited Full time

About the Role

Dr. Reddy's Laboratories Limited is seeking a highly skilled Product Manager to join our team. As a Product Manager, you will be responsible for identifying new product opportunities, developing business cases, and implementing positioning strategies within designated budgets and organizational guidelines to achieve the market share and revenue targets of the specific vertical.

Key Responsibilities

  • Conceptualize and plan new products by gathering feedback on unmet therapeutic needs, identifying new product opportunities, and presenting business cases to the vertical head and country head for timely product selection, aligning with long and short-term objectives.
  • Prepare product manuals, design positioning strategies, and oversee successful product launches through effective communication and collaboration with regional sales teams.
  • Coordinate with sales teams, review performance, and initiate corrective actions when necessary to ensure new products meet or exceed sales projections.
  • Conduct market research, finalize positioning strategies, and oversee effective promotion strategies by collaborating with ad agencies and implementing marketing plans in alignment with business goals.
  • Identify CME needs, invite speakers and doctors, and ensure successful execution of CME programs to establish lasting relationships with healthcare professionals.
  • Lead and develop the team by conducting performance appraisals, mentoring team members, and collaborating with HR for recruitment and talent development to maximize team performance and retention.
  • Gather feedback from regional sales manager (RSMs), devise region-specific strategies, and incorporate regional needs into the product plan to enhance overall performance.

About the Department

Our Global Generics India business has grown significantly over the last three decades, and we rank as one of the top 10 Pharma Companies in the Indian Pharma Market (IPM) as per IQVIA MAT (November 2022). We are a fast-growing organisation with double-digit growth and significant market share in domestic markets.

Benefits Offered

At Dr. Reddy's, we actively help to catalyze your career growth and professional development through personalized learning programs. The benefits you will enjoy at Dr. Reddy's are on par with the best industry standards, including joining and relocation support, family support (Maternity & Paternity benefits), learning and development opportunities, medical coverage for yourself and your family, and life coverage for yourself.

Our Work Culture

We foster a culture of empathy and dynamism, where people are at the core of our journey. 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 /.


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