Med Manor Organics - Product Manager

About the job:

About Us:

- Med Manor Organics is one of the fastest growing pharmaceutical companies in India, and has over 20 years of experience in the industry.

- The company with humble beginnings in Hyderabad in 1998 now operates Pan India, with recent forays into the International market starting with the Middle East, and further expansions into Asian and African countries.

- It aims to improve the lives of its customers with a penchant for delivering high quality health care.

- With two modern state of the art manufacturing facilities in the country, Med Manor Organics is committed to adhering to stringent manufacturing standards and regulatory norms as prescribed by the WHO GMP while providing affordable pharmaceutical, nutritional and personal care products for all.

- Starting out with Pediatric medicine, Med Manor has developed a unique and innovative product portfolio over the last two decades, and is now a strong player in varied segments such as Dermatology, Trichology, Gynecology, Cardio Diabetics and Neuro-Psychiatry.

- In collaboration with Wayne University in the USA, Med Manor's R&D sector is now on a mission to make Oncology treatment affordable to the masses in developing nations.

- Med Manor marked its entry into FMCG segment with the acquisition of the brand MY Dr. Pain Relief in 2017.

- Since then, it has been committed to combining ancient Ayurvedic practices with the latest cutting edge technology to make it more relevant.

- Employing the company's trademark motto of innovating for excellence, Med Manor consolidated its position as a pioneer in the consumer pharmaceutical segment in 2021 with the launch of its revolutionary product Tru Heater under the banner of Tru Hair & Skin .

Company Size: 1500 Employees

Website: https://medmanor.in

Job Title: Product Manager

Job Summary:

- The Product Manager will play a crucial role in driving the development and growth of pharmaceutical products, from concept through commercialization.

- This individual will collaborate cross-functionally with R&D, marketing, regulatory, sales, and manufacturing teams to deliver products that meet market needs and regulatory standards.

- The Product Manager must possess a strong understanding of the pharmaceutical industry, including drug development processes, market dynamics, and regulatory requirements.

Key Responsibilities:

Product Strategy & Roadmap:

- Develop and implement the product strategy and roadmap for assigned pharmaceutical products.

- Conduct competitive analysis, market research, and customer feedback to identify market opportunities and unmet needs.

- Work closely with R&D to guide product development based on market demand and scientific innovation.

Cross-Functional Collaboration:

- Collaborate with clinical, regulatory, and medical affairs teams to ensure alignment with regulatory requirements.

- Partner with marketing to define go-to-market strategies, messaging, and positioning.

- Coordinate with manufacturing and supply chain teams to ensure timely and cost-effective product delivery.

Product Lifecycle Management:

- Manage the full lifecycle of pharmaceutical products, including launch planning, post-launch monitoring, and end-of-life decision-making.

- Track product performance, collect key data points, and adjust the strategy as necessary to meet goals.

- Lead life cycle initiatives such as line extensions, reformulations, and geographic expansion.

Stakeholder Engagement:

- Act as the point of contact for internal and external stakeholders, including physicians, healthcare professionals, and key opinion leaders (KOLs).

- Participate in key meetings, conferences, and advisory boards to gather insights and feedback.

Regulatory & Compliance:

- Ensure that product strategies align with regulatory requirements and work with the regulatory team to manage approvals.

- Stay informed about changes in the pharmaceutical regulatory environment that could impact product strategies.

Financial & Forecasting:

- Develop product budgets and forecasts, working closely with finance to track financial performance.

- Provide input on pricing strategies based on market research, product positioning, and competitive dynamics.

Market Analysis & Research:

- Monitor industry trends, competitor products, and regulatory landscape.

- Use market intelligence to drive business development efforts and suggest innovations in the product line.

Qualifications:

- Bachelor's/Master's degree in pharmacy, life sciences, or from any science background is a must

Experience:

- 3+ years of experience in product management within the pharmaceutical, biotech, or life sciences industry.

- Deep understanding of the pharmaceutical product development lifecycle, from research to commercialization.

- Proven success in managing product launches and driving product growth.

Skills:

- Strong project management skills with the ability to manage multiple projects simultaneously.

- Excellent communication and interpersonal skills for working with cross-functional teams and external stakeholders.

- Analytical mindset with the ability to use data to drive decisions.

- Knowledge of regulatory requirements in the pharmaceutical industry (FDA, EMA, etc.

Key Competencies:

- Strategic thinking and ability to forecast market needs.

- Excellent organizational and problem-solving skills.

- Ability to work independently and as part of a collaborative team.

- Adaptability in a fast-paced, changing industry landscape.

- High attention to detail, especially in regulatory and compliance matters.

Location: Hyderabad (Mon- Sat)