Product Strategy manager

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.

Integrated Product Strategy

1. Responsible for integrated strategy for products.
2. Product strategy to cover all aspects - What is the product? What is to be made? Where it is to be produced? and What kind of value it can create for the organization? Risks and Mitigation strategies - in collaboration with relevant stakeholders in the frontend and development organization
3. Develop thought process towards optimization of the strategy by connecting diverse requirements across markets, and develop a roadmap of the product relevant to each market in collaboration with relavant stakeholders within the development as well as the frontend teams
4. Define & govern critical decision points over product life cycle –development to commercialization & beyond
5. Provide clarity on all dimensions of the product strategy to all impacted stakeholders

Financial Modeling and ValuationOwning the models for set of assets & strategic action such as In/ Out licensing
1. Financial Modeling - Develop and own detailed valuation models for various molecules / technologies that enable critical decisions such as - Pipeline Prioritization, In/Out Licensing, and various startegic actions
2. Analog Identification and assessment - Development of financial models and validation based on analog identification and validation of the same
3. Assumption Development for Modelling - Work with subject matter experts from various functions and front end teams as well as through analytics develop assumptions and scenarios
4. Long Term Forecasting - Understand the therapy area, and predict long term potential of the molecule based on qualitative and quantitative assessment of the molecule/ therapy area 

Portfolio prioritisationSupport the head of Portfilio strategy + Strategy & Product steering comittee in prioritization of molecules for early development
- Responsible for ensuring portfolio prioritization for early stage work initiated in Product Development
-Establish processes for monitoring and updating decisions based on significant changes in program valuation
- Data-based contributor to recommendations and framing of portfolio choices   
Provide domain/functional input (content) into strategic portfolio assessments

Enabling Strategy Execution

1. Work with Program management office to ensure creation of integrated execution plan delivering the product requirements by market
2. Support R&D budget optimization, portfolio prioritization as well as LCM strategies to drive alignment between frontend and development organization

• Preferred to have 3-5 years of experience in portfolio management/ BD, expected to do hands on work.
• Must have hands on work experience or knack for financial modeling and Strong analytical approach
• Proficency in MS Excel, Powerpoint is a must
SQL and Database Development and Management / Advanced analytics experience is preferred
 

About the Department
Biologics
Currently operates in the Global Biosimilars business - a segment that is poised for attractive and sustained growth over the next 10–15-year time horizon.
With a robust portfolio of biosimilar products across key therapeutic areas, covering ~US$80+ Bn in innovator sales – future business pipeline covers a variety of product classes and therapy areas, and new modalities. Fully integrated organization with over two decades of experience in developing, manufacturing and commercializing multiple biosimilar products.
With a Product Development engine that has end-to-end capabilities – in-house clone development, upstream and downstream process development, bioanalytical development and proprietary formulation.
Supported by a Clinical and Regulatory team with experience in executing complex biosimilar programs with innovative global trial designs.
We have a proven experience in commercial-scale manufacturing across a variety of technology platforms with global quality standards and a highly competitive cost structure
Rich experience of commercializing high-quality biosimilars in multiple markets with over 900,000 patients having benefited from our products till date.

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/#!/