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Group Product Manager - Gastro Innovative Molecule (Launch Incubation)

6-10 years

Mumbai, Hyderabad / Secunderabad

3 vacancies

Group Product Manager - Gastro Innovative Molecule (Launch Incubation)

Dr. Reddy's

posted 8d ago

Job Description

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 “Gastroenterology” The 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. Qualifications Qualifications & Skills:

  • Bachelor’s in a STEM area
  • MBA from reputed (Tier 1) University, College  

Experience:

  • 7-10 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, Dermatology  

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 Information About 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/#!/

Qualification
Additional Information

Employment Type: Full Time, Permanent

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What people at Dr. Reddy's are saying

4.8
 Rating based on 15 Group Product Manager reviews

Likes

Process driven company

  • Salary - Good
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Process is complicated

Read 15 Group Product Manager reviews

Group Product Manager salary at Dr. Reddy's

reported by 105 employees with 8-15 years exp.
₹14 L/yr - ₹33.6 L/yr
21% less than the average Group Product Manager Salary in India
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What Dr. Reddy's employees are saying about work life

based on 6.7k employees
67%
39%
37%
97%
Flexible timing
Monday to Friday
Within city
Day Shift
View more insights

Dr. Reddy's Benefits

Submitted by Company
Maternity and Paternity Benefits
Child care
Higher Education Benefit
Joining & Relocation Support
Health Insurance
Insurance Cover +8 more
Submitted by Employees
Job Training
Health Insurance
Soft Skill Training
Child care
Cafeteria
Education Assistance +6 more
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Dr. Reddy's Hyderabad / Secunderabad Office Locations

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Hyderabad/Secunderabad, Telangana Office
Headquarter
8-2-337, Banjara Hills Rd Number 3 Hyderabad/Secunderabad, Telangana
500034
Hyderabad/Secunderabad, Telangana Office
Plot No. 137 and 138 IDA, Bollaram, Medak District Hyderabad/Secunderabad, Telangana
502325

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