Therapy Lead OTC

Job Description

Company Description 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 Description Job Summary We are looking for an experienced Therapy Lead OTC to oversee the decision-making process for new products, including conceptualization, prioritization, and successful market launches. Roles & Responsibilities Identifying gaps in the product portfolio, analyzing international trends, and proposing new product ideas based on unmet needs. Conducting risk versus benefit analysis and finalizing the prioritization of new products in consultation with the vertical head. Reviewing go-to-market strategies, validating launch plans, and overseeing successful implementation. Planning sales and budgeting of existing products, setting growth goals, and monitoring market potential. Formulating brand strategies for existing products, monitoring execution, and suggesting corrective actions. Maintaining customer relationships, refining strategies based on feedback, especially from Key Opinion Leaders (KOLs). Initiating strategic activities to enhance brand presence and implementing initiatives through agencies. Leading and developing a team through goal setting, performance appraisals, mentorship, training, and development. Qualifications Educational Qualification MBA with a graduate degree in a science stream. Minimum Work Experience 9-10 years of experience in the Indian Pharmaceutical Industry and experience of launching at least one new product. Skills & Attributes Technical Skills In-depth understanding of the Indian Pharmaceutical Industry. Understanding of diseases, therapy, and relevant therapeutic areas. Financial management skills. Scientific knowledge of the product. Ability to analyze market data, clinical trial results, and sales performance. Behavioural Skills Proactive and visionary mindset. Strong networking skills. Effective people management abilities. Adaptability and change management skills. Strategic orientation and decision-making capabilities. Creative and ability to draw insights. Additional Information About the DepartmentEmerging Markets Branded generics is one of our biggest businesses in Emerging markets and our branded products are available in 48 countries across 5 regions. Our key markets are Russia, China, and Brazil. We also have a presence in Latin America, Africa, Australia, New Zealand, ASEAN (Association of Southeast Asian Nations), CIS, and Romania. We have added 13 new geographies in the last 5 years.In the last 4 years, our emerging markets business’ growth rate has doubled (June ’22). Our diverse portfolio spans all segments. We are continuously advancing technologies, enhancing the efficiency of operations and increasing our portfolio of highest-quality products.With nearly 40 products and 6 mega brands, Russia is a key market. With more than 30 years of operations in the region, as of FY22, we have reported a year-on-year growth of 32%. This was driven by improved existing business performance, launch of new products during the year along with divestment of some non-core brands. 6 key products were ranked among the top 200 bestselling formulation brands, as per IQVIA in its report for the 12-month period ended 31 March 2022. 5 of our leading products were voted as the ’Product of the Year’ by the consumers – reaffirming the trust that the people of Russia have in them.We are among the earliest Indian pharma companies to have a business presence in China. We have a representative office that focuses on filings and approvals, including the Group Purchasing Organisation (GPO). Our joint venture entity (Kunshan Rotam Reddy Pharmaceutical Co. Ltd) offers a portfolio of niche and essential products, strengthening our presence in China.In Latin America, we have a strong presence in Brazil and Colombia. In just a little over five years in Brazil, our team has established itself in the region with our diverse portfolio. Our primary focus in Brazil is oncology and institutional. Our team in Colombia was certified as a ‘Great Place to Work’.Through our comprehensive COVID-19 portfolio, we were able to reach over 5 million patients in low and middle-income countries. With the aim of reaching more and more patients around the world, we are harnessing our deep science capabilities to create a robust portfolio in the region to become the partner of choice.Our teams in China, Brazil, Colombia, Thailand, and Malaysia are certified great places to work. Our team in Russia is among the top 3 in Head-hunter’s Best Employer Ranking in 2022. These recognitions reaffirm our commitment and efforts to bring science, technology, and innovation together to offer affordable medicines and solutions beyond the pill to patients in the region.As the need, scope, and standards of healthcare evolve, we keep track of emerging needs to contribute to patient welfare. After all, Good Health Can’t Wait. 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 #J-18808-Ljbffr