The Director of 505(b)(2) Portfolio Management, will lead Lupin's innovative portfolio with strategic vision and an expertise in innovation. The role encompasses driving the ideation process, overseeing internal evaluations, and collaborating on a comprehensive portfolio strategy. Utilizing seasoned leadership, this role will craft Product Profile Charters, lead cross-functional assessment process and steer the 505(b)(2) Product Review Committee process. Engaging with market research initiatives and external partnerships, this leader will navigate regulatory landscapes, ensuring informed decision-making.
Essential Duties & Responsibilities
- Accountability for proactively identifying, assessing opportunities that could enhance Lupin’s portfolio, in line with Lupin’s growth strategy.
- Lead and manage the ideation process to generate innovative ideas for the 505(b)(2) portfolio.
- Coordinate and facilitate the activities of the Innovation Council to harness creative thinking and cross-functional collaboration.
- Coordinate internal evaluations of concepts, involving medical, marketing, and other relevant stakeholders to assess preliminary market potential and prioritize the concepts for detailed evaluation
- Ensure comprehensive assessments of concept viability and alignment with business goals.
- Collaborate with third party organizations to design and execute market research initiatives.
- Manage relationships with external partners to gather valuable insights and data for portfolio decision making.
- Prepare and process marketing surveys to gather data on market trends, customer preferences, and competitive landscapes.
- Analyze market research findings to inform strategic decisions and portfolio positioning.
- Lead the initial commercial assessment and collaborate with the sales and marketing team to create scenario based forecasts for 505(b)(2) products based on market research and internal assessments.
- Work closely with finance and commercial teams to refine and validate forecast models.
- Prepare Product Profile Charters outlining key attributes, target patient populations, and competitive differentiation for 505(b)(2) products.
- Manage the 505(b)(2) Product Review Committee (PRC) process.
- Facilitate stage gate approvals for the progression of products through the development and commercialization pipeline.
- Collaborate closely with business development, strategy and the other functions to assess new growth opportunities
- Assume accountability for organizational results.
- Influence others to achieve and or exceed objectives and lead the decision-making process for critical programs and initiatives. Routinely makes decisions that affect current and long-range corporate objectives.
- Effectively structure sales forecasts, P&L’s, and to understand sensitivity and risk analyses and company valuations; deep knowledge of discounted cash flow, net present value (NPV), internal rates of return (IRR) and other risk analysis techniques.
- Efficiently and effectively lead a multitude of simultaneous projects with a high degree of independence.
- Consistently deliver on commitments in a timely manner.