Posted By
Posted in
Sales & Marketing
Job Code
1402703
We are looking for a Manager- Corporate Strategy and Business Development for a Global Pharmaceutical MNC in Mumbai.
The role entails:
- Continuously evaluating, enriching, and expanding the product portfolio.
- Acting as a liaison between cross-functional teams for successful ideation to launch execution.
- Driving the New Product Identification Process by evaluating and selecting products for near- and long-term launches.
- Conducting Therapy Gap Analysis and recommending products accordingly.
- Managing project activities effectively.
- Analyzing competitive intelligence data to identify innovative products and peer strategies across development and marketing.
- Spearheading the update of live portfolio dashboards and continuous updating of product initiation forms online.
- Conducting business case evaluations, revising revenue projections, and budgeting for pipeline and in-line products.
- Facilitating product evaluations from third-party perspectives in coordination with the commercial team.
Accountabilities:
New Product Ideation & Feasibility Analysis:
- Establishing and institutionalizing processes for product selection.
- Identifying new product opportunities aligned with overall business objectives.
- Validating market potential through primary/secondary market sources.
- Collaborating with cross-functional teams to assess development feasibility and estimate product costing.
Product Selection & Prioritization:
- Anchoring product selection meetings/discussions.
- Prioritizing selected products based on predefined criteria.
- Finalizing launch calendars.
Third-Party Partner Evaluation:
- Interacting with prospective third-party partners in conjunction with the commercial team.
- Validating technologies and skill sets of partners.
- Ensuring timely alliances with partners.
- Product Launches & Due Diligence:
- Ensuring alignment between R&D, sourcing, marketing, and contract manufacturing teams for timely product launches.
- Validating launch performance against initial business assumptions.
- Providing management reporting on performance versus targets.
Health of the Product Pipeline:
- Tracking and monitoring the product pipeline's health.
- Establishing integrated data management and MIS for portfolio management.
- Continuously evaluating the health of existing products and providing inputs for management decision-making.
Experience: 3-6 years of experience in Business Development, Marketing, Market Research, or Portfolio Planning in the pharmaceutical industry.
Qualification: MBBS/M.Pharm/B.Pharm/BDS/M.Sc./B.Sc./B.Tech with an MBA degree in Business Management.
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Posted By
Posted in
Sales & Marketing
Job Code
1402703