Team Lead - Product Portfolio

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.

Job Summary
We are looking for an experienced Lead Portfolio Manager for ensuring a strong and diverse product pipeline tailored for the Global market. Lead the Ideation / selection and driving Integrated Product Strategies across various geographies. You will be responsible for tracking market trends, evaluating new opportunities, and collaborating with cross-functional teams to drive strategic decisions that maximize portfolio value. Additionally, you will coordinate with regional teams, prioritize discussions, and assess innovator activity to ensure the organization remains competitive in the market.

Roles & Responsibilities
• You will be responsible for supporting the ideation/selection of products by screening the overall universe and innovator pipeline and streamlining the Integrated Product Strategies Inc API and Formulation.
• You will be responsible for continuously tracking new approvals and evaluating them for relevant opportunities.
• You will be responsible for facilitating Pre-Apex and Apex meetings, coordinating with cross-functional teams (CFTs) to gather input and collate it with business considerations.
• You will be responsible for providing recommendations on in-housing versus external sourcing of products and finalizing site plans based on capacity assessment.
• You will be responsible for supporting evaluation of new ideated products for all geographies and planning leverage activities from the beginning.
• You will be responsible for coordinating with regional portfolio teams to understand therapy area relevance, market dynamics, and forecast to plan capacity and site effectively.
• You will be responsible for managing prioritization discussions for inclusion into Apex process and providing a commercial-driven view.
• You will be responsible for coordinating with business counterparts to drive portfolio selection processes for assigned geographies ensuring the portfolio maximizes value across dose forms and coordinating across verticals.
• You will be responsible for tracking innovator activity for existing products and prioritizing discussions within the organization and assessing the implications of innovator actions on the overall product strategy.
• You will be responsible for evaluating opportunities from business development proposals and driving reviews of life cycle management (LCM) ideas from marketing teams. Coordinating across markets to leverage insights from marketing teams, Key Opinion Leaders (KOLs), and customers.
• You will be responsible for defining the Key Performance Indicator (KPI) dashboard to assess pipeline health.

Educational qualification: Science/Pharma/Engineering graduate with MBA from a premier institute

Minimum work experience: 10-15 years of experience in pharmaceutical product management, or strategy roles within the pharmaceutical industry.  

Skills & attributes:
Technical Skills
• Ability to coordinate with cross-functional teams and drive decision-making processes.
• Proficiency in data analysis and visualization tools.
• Understanding of pharma regulatory guidelines and compliance.
• Strong understanding of market dynamics, regulatory requirements, and product life cycle management.
• Familiarity with Key Opinion Leader (KOL) engagement and market research methodologies.
• Good understanding of regulatory guidelines.
Behavioural skills
• Effective communication and interpersonal skills for collaborating with cross-functional teams.
• Excellent analytical and problem-solving skills with the ability to interpret complex data.
• Strategic thinking and business acumen to drive portfolio decisions and maximize value.
• Ability to prioritize and manage multiple projects in a fast-paced environment.
• Critical thinking and problem-solving skills for investigations and process optimization.

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/#!/