Manager Portfolio - EM

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 centers, 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, color 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.

Role:  Manager – Portfolio Management

Location: Corporate office, Banjara Hills, Hyderabad

Key Responsibilities:

• Portfolio Ideation: To ensure strong pipeline of differentiated products for the identified spaces in Russia
  • Drive the ideation of new differentiated products in collaboration with medical, CoE, & IPDO teams.
  •  Organize monthly country calls to ensure the agreed products are detailed as per the laid scope to help the country take a Go/No-go decision. Involve concerned stakeholders well in time to ensure completeness of information for decision making.
  • Scan in-house leverage products under development for other lead markets to ensure selection for Russia.
  • Work closely with Country team to identify portfolio gaps that could be fulfilled either through internal leverage or BD in order to deliver the strat plan objectives.
• Product Selection Meetings –
  • Organize PSC meetings with concerned cross functional teams to enable diligence on differentiated ideas & support portfolio decision making.
  • Support cross functional teams with data, information etc to help close on open points necessary for decision making.
  • Organize and lead Apex meeting by present the new product opportunity, development and clinical strategy along with the cross functional teams to seek approval for development.
  • After approval, ensure TPP preparation and sign off from all concerned stakeholders as well the MC within the stipulated time. Ensure complete process adherence at all stages including project kick off post approval and TPP sign off.

• Portfolio Management

• Project Timelines -Actively drive reviews with key stakeholders at IPDO to ensure the projects are progressing as per market requirements. 
• Project Budget- Track Planned vs Actual Budget and evaluate PnL before proceeding with approval for additional budget.
• Thematic Issues impacting Portfolio Health –To identify thematic issues and work with various stakeholders to debottleneck with counter measures and appropriate action plan to ensure continuous improvement in various processes impacting product filings till registration
• Business Case Updates – Drive the half yearly P&L update by evaluation of complete pipeline for any impact from changes in the market and product development updates. Identify and escalate red flags and take early decisions on investments and resourcing.

Operating Network:

Internal: Country team, CoE, Medical, Regulatory, GCM, Finance, Legal, IP, BD, IPDO, Portfolio and Strategy

External: Partner corporates, Research agencies

Education & Experience:

• Overall experience of 6-8 years preferably in new drug discovery or branded pharmaceutical markets
• Preferably 3 + years of functional experience in Portfolio Management

Skill Set Required:

• Must have basic understanding of pharmaceutical business process such as Product Development, Dossier Filing and Pharma Market
• Good understanding and hands-on experience of using various analytical tools and databases
• Good presentation skills and ability to independently conduct secondary research.
• Good project management skills
• Good communication, networking and interpersonal skills to connect with internal and external stakeholders
• Ambitious and Self-driven

About the Department
Emerging Markets
Branded generics is one of our biggest businesses in Emerging market and our branded products are available 48 countries across 5 regions. Our key markets are Russia, China and Brazil. We also have presence in Latin America, Africa, Australia, New Zealand, ASEAN (Association of Southeast Asian Nations), CIS and Romania. We have added 13 new geographies in the last 5 years.
In the last 4 years, our emerging markets business’ growth rate has doubled (June ’22). Our diverse portfolio spans all segments. We are continuously advancing technologies, enhancing efficiency of operations and increasing our portfolio of highest-quality quality products.
With nearly 40 products and 6 mega brands, Russia is a key market. With more than 30 years of operations in the region, as of FY22, we have reported a year-on-year growth of 32%. This was driven by improved existing business performance, launch of new products during the year along with divestment of some non-core brands. 6 key products were ranked among the top 200 bestselling formulation brands, as per IQVIA in its report for the 12-month period ended 31 March, 2022. 5 of our leading products were voted as the ’Product of the Year’ by the consumers – reaffirming the trust that the people of Russia have in them.
We are among the earliest Indian pharma companies to have a business presence in China. We have a representative office that focuses on filings and approvals, including the Group Purchasing Organisation (GPO). Our joint venture entity (Kunshan Rotam Reddy Pharmaceutical Co. Ltd) offers a portfolio of niche and essential products, strengthening our presence in China.
In Latin America we have a strong presence in Brazil and Colombia. In just a little over five years in Brazil, our team has established itself in the region with our diverse portfolio. Our primary focus in Brazil is oncology and institutional. Our team in Colombia was certified as a ‘Great Place to Work’.
Through our comprehensive COVID-19 portfolio, we were able to reach over 5 million patients in low and middle-income countries. With the aim of reaching more and more patients around the world, we are harnessing our deep science capabilities to create a robust portfolio in the region to become the partner of choice.
Our teams in China, Brazil, Colombia and Thailand, Malaysia are a certified great place to work. Our team in Russia is among the top 3 in Head-hunter’s Best Employer Ranking in 2022. These recognitions reaffirm our commitment and efforts to bring science, technology and innovation together to offer affordable medicines and solutions beyond the pill to patients in the region.
As the need, scope and standards of healthcare evolve, we keep track of emerging needs to contribute to patient welfare. After all, Good Health Can’t Wait

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/#!/