Deputy Manager/Manager - Corporate Strategy & Business Development - Pharmaceutical Firm

We are looking for a Deputy Manager/ Manager - Corporate Strategy & Business Development for an Indian Pharmaceutical MNC

The role entails:

- Continuously evaluating, enriching, and expanding the product portfolio.

- Acting as a liaison between cross-functional teams for successful ideation to launch execution.

- Driving the New Product Identification Process by evaluating and selecting products for near and long term launches.

- Conducting Therapy Gap Analysis and recommending products accordingly.

- Managing project activities effectively.

- Analyzing competitive intelligence data to identify innovative products and peer strategies across development and marketing.

- Spearheading the update of live portfolio dashboards and continuous updating of product initiation forms online.

- Conducting business case evaluations, revising revenue projections, and budgeting for pipeline and in-line products.

- Facilitating product evaluations from third-party perspectives in coordination with the commercial team.

Accountabilities:

New Product Ideation & Feasibility Analysis:

- Establishing and institutionalizing processes for product selection.

- Identifying new product opportunities aligned with overall business objectives.

- Validating market potential through primary/secondary market sources.

- Collaborating with cross-functional teams to assess development feasibility and estimate product costing.

Product Selection & Prioritization:

- Anchoring product selection meetings/discussions.

- Prioritizing selected products based on predefined criteria.

- Finalizing launch calendars.

Third-Party Partner Evaluation:

- Interacting with prospective third-party partners in conjunction with the commercial team.

- Validating technologies and skill sets of partners.

- Ensuring timely alliances with partners.

- Product Launches & Due Diligence:

- Ensuring alignment between R&D, sourcing, marketing, and contract manufacturing teams for timely product launches.

- Validating launch performance against initial business assumptions.

- Providing management reporting on performance versus targets.

Health of the Product Pipeline:

- Tracking and monitoring the product pipeline's health.

- Establishing integrated data management and MIS for portfolio management.

- Continuously evaluating the health of existing products and providing inputs for management decision-making.

- Experience: 3-6 years of experience in Business Development, Marketing, Market Research, or Portfolio Planning in the pharmaceutical industry.

Qualification: MBBS/M.Pharm/B.Pharm/BDS/M.Sc./B.Sc./B.Tech with an MBA degree in Business Management.