Senior Product & Pricing Strategy Lead (Injectables)

Dr. Reddy’s Laboratories Ltd

Princeton (NJ)

Hybrid

USD 120,000 - 165,000

Full time

8 days ago

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Job summary

Dr Reddy’s Laboratories Ltd in Princeton, NJ, seeks a Lead Product & Pricing Manager to develop and execute marketing strategies for a generic injectable portfolio. You will partner with Sales, Contracts, Supply Chain, Finance, Regulatory, Market Research, and other teams to drive revenue growth and portfolio performance.

The role is based in Princeton, NJ (4 days in office; 1 day flexible remote) and reports to Head Marketing, Specialty Injectables.

Qualifications

Bachelor’s degree in Marketing or Business Major; MBA preferred.
5-7 years of generic pharmaceutical marketing experience in product management.
Deep understanding and insight of customer & competitor behavior, promotion process, product management and pricing.
Demonstrate leadership, sound decision making, influencing, and negotiation skills
Good communication (written & verbal), financial, and interpersonal skills.
In-depth knowledge of secondary market research (e.g.IQVIA, Symphony)
Good computer (MS Office Suite), analytical & problem-solving skills and familiarity with AI tools and dashboards

Responsibilities

Develop and implement generic injectable product strategies, have product management responsibility for both assigned in line products and new product launches.
Develop product forecast, both volume and financial, for assigned new products to enable evaluation of potential opportunity as well as production planning.
Coordinate on new product prioritization, filing, pre-launch and launch, monitor the filing to launch process, participate in key pre-launch meetings. Lead the development and execution of commercial launch strategies including pricing and customer offers along with sales team to ensure prioritization and successful launch of the right products.
Review on a regular basis product pricing versus market pricing and recent price changes; make changes to the pricing grid and specific product prices as required; work with various groups to review and agree on new price.
Responsible for developing the financial forecast of the assigned product portfolio for the annualbudgetand quarterly estimate process.
Monitor product performance trend versus budget and estimate, provide insight and comments on the variances, and proactively drive product performance
Analyze external environment, market trends, and customer behavior to guide demand planning and provide inputs on supply planning.
Develop appropriateproductpromotion strategy and plans.