Group Product Manager (Acute - Oral care)

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.

We are seeking a dynamic and experienced Group Product Manager to join our team in Hyderabad, India. As a key member of our product management team, you will be responsible for identifying new product opportunities, developing business cases, and implementing positioning strategies to achieve market share and revenue targets within the pharmaceutical industry.

• Lead the conceptualization and planning of new products by gathering feedback on unmet therapeutic needs and presenting business cases to senior leadership
• Develop and execute product launch strategies, including the preparation of product manuals and positioning strategies
• Conduct post-launch audits of new products, coordinating with sales teams to review performance and initiate corrective actions when necessary
• Oversee branding and promotion efforts, including market research, positioning strategies, and collaboration with advertising agencies
• Spearhead Continuing Medical Education (CME) programs to establish lasting relationships with healthcare professionals
• Mentor and develop team members, conducting performance appraisals and collaborating with HR for recruitment and talent development
• Devise region-specific strategies based on feedback from Regional Sales Managers and incorporate regional needs into product plans
• Manage budgets and allocate resources effectively to optimize cost control for the product portfolio
• Analyze market trends, competitor activities, and customer needs to inform decision-making and product portfolio strategies
• Collaborate cross-functionally with sales, marketing, and medical affairs teams to ensure alignment on product strategies

• Graduate degree in any Science stream; advanced degree in Business Administration or related field preferred
• 7-10 years of experience in Product Management within the pharmaceutical industry
• Proven track record of successfully launching and managing pharmaceutical products
• In-depth understanding of the Indian pharmaceutical industry, including competition, customer behavior, and prescription habits
• Strong strategic mindset with the ability to develop and implement long-term product strategies
• Excellent analytical skills to assess market trends and customer needs
• Proficiency in financial management and budget allocation
• Outstanding communication skills to convey complex scientific and medical information to diverse audiences
• Advanced data analysis abilities and experience with market research tools
• Adaptability to changes in the pharmaceutical market, including healthcare policies and regulatory updates
• Proactive and visionary mindset with strong networking skills
• Demonstrated leadership abilities and experience in managing cross-functional teams
• Proficiency in project management tools and product lifecycle management
• Knowledge of regulatory requirements in the pharmaceutical industry
• Strong decision-making capabilities and strategic orientation
• Ability to thrive in a fast-paced, innovative environment while maintaining attention to detail

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/#!/