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
Qualifications
Graduate degree in any Science stream; advanced degree in Business Administration or related field preferred7-10 years of experience in Product Management within the pharmaceutical industryProven track record of successfully launching and managing pharmaceutical productsIn-depth understanding of the Indian pharmaceutical industry, including competition, customer behavior, and prescription habitsStrong strategic mindset with the ability to develop and implement long-term product strategiesExcellent analytical skills to assess market trends and customer needsProficiency in financial management and budget allocationOutstanding communication skills to convey complex scientific and medical information to diverse audiencesAdvanced data analysis abilities and experience with market research toolsAdaptability to changes in the pharmaceutical market, including healthcare policies and regulatory updatesProactive and visionary mindset with strong networking skillsDemonstrated leadership abilities and experience in managing cross-functional teamsProficiency in project management tools and product lifecycle managementKnowledge of regulatory requirements in the pharmaceutical industryStrong decision-making capabilities and strategic orientationAbility to thrive in a fast-paced, innovative environment while maintaining attention to detailSkills Required
Product Management, Market Research, Pharmaceutical Marketing, Strategic Planning