Company Description
Dr. 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 transparency.
Dr 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 Description
Purpose: To ensure timely evaluation of molecules in clinical trials & selection of new products (APIs) for PSAI business and organization after thorough Medical, IP, technical & commercial assessment in order to ensure a robust, sustainable & growing pipeline across focus markets. Create and execute product/portfolio strategy and manage portfolio work along with ownership of the Product List. Provide market intel and competition update to commercial team and senior management periodically.
Roles & Responsibilities
Portfolio strategy and product Selection:
* Develop and align portfolio strategy with business and organization strategy/requirements. One of the key aspects will be enabling early launches for internal as well as external customers through a mix of API or formulation business.
* Early development (POC readiness) to bring for full development, evaluation of new technology platforms etc. constitute core strategy aspect of portfolio.
* Establish industry-leading product pipeline for PSAI business and organization through extensive review and evaluation of various opportunities and ensuring timely selection through pre-apex & Apex aligned to global process.
* Prepare the business case and share the business interest during the CFT discussion and product selection meeting.
Ownership of portfolio process at PSAI
* Gather information on products (new products in clinical trials and commercial products), customers and competitors from Sales team, IP or secondary sources (Databases like IMS, Newport, BioMed Tracker etc.).
* Conduct preliminary evaluation (on the basis of Historical Sales/Projected Sales, Present/Future Competitors, and preliminary IP analysis).
* Shortlist a basket of products and feed data to IP/GMA/CPO to conduct in-depth analysis for identification of possible markets for launch & corresponding launch timing in consultation with PSAI business (PSAI Head, Head APIMarketing, Region Head, Central Portfolio, R&D and IP representatives) & propose product recommendations to develop a robust pipeline which delivers key launches/revenue to the API Business and to ensure captive needs of GG are addressed to the extent possible.
Product development - tracking progress, decisions and KPI aligned to business objective
* Tracking and prioritization amongst portfolio based on market needs and product strategy for both early development products (Phase-3 & polymorph screening products based on the progress of clinical trials) and apex selected products already under development.
* Create product strategy for new products keeping all key parameters which help to secure FTM/cost leadership position in the market.
* Provide the required business inputs to IPDO for under development products and front end teams to enable faster decision making.
* Tracking of DRL API portfolio pipeline to timely identify additional opportunities like new dose form/new indication, repurposing of old APIs etc.
Portfolio Integration on the Digital Platform
* Updating the product list quarterly and maintain the Product List all time ready on the company website, key business meetings and support to various other digital initiatives, platforms.
* Work with product management team to transfer all USP and key items related information to ensure robustness of product strategy avoiding duplication of efforts and maximum leverage within team.
Market analytics and competition benchmarking
* Benchmarking/competition tracking/market analytics/regulatory developments etc. to be tracked and update stakeholders/business teams for awareness.
* Presentation of portfolio approach/strategy/performance and various analysis to senior management and BU leadership teams as and when required.
* Quarterly DMF analysis and Approval tracking for both NDA and ANDA filing and share the insights with the relevant stakeholders.
Qualifications
Educational Qualification, Skills & Attributes Technical Skills:
* MSc/M Pharm/MBA with minimum 2-6 years of industry experience (Pharma/Formulations R&D/API R&D)
* Previous experience in product development (API or Formulation), regulatory, Portfolio, BD, Intellectual Property.
* Pharma market experience in B2B and B2C domain.
* Attention to Detail, Influencing Skills, Networking and communication skills.
* Demonstrates a commitment to continuous learning.
* Strong communicating and influencing skills.
* Displays analytical and logical thinking abilities.
* Is self-motivated and takes initiative.
* Proficiency in MS office suite.
#J-18808-Ljbffr