Product Portfolio Manager

Job Description

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 & Responsibilities Your 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 processes Qualification Educational qualification: M Pharm / MBA from Tier I or Tier II Management Institutes Minimum work experience: 5 to 8 years, preferably in pharmaceutical background; minimum 2 years of functional experience in Portfolio Management Skills & 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. Additional Information