Deputy General Manager - Portfolio Management

Function:

Business Development

VP Business Development, Licensing and Portfolio Management

At Sun Pharma, we commit to helping you Create your own sunshine by fostering an environment where you grow at every step, take charge of your journey and thrive in a supportive community.

Are You Ready to Create Your Own Sunshine?

As you enter the Sun Pharma world, youll find yourself becoming Better every day through continuous progress. Exhibit self-drive as you Take charge and lead with confidence. Additionally, demonstrate a collaborative spirit, knowing that we Thrive together and support each others journeys.

The incumbent would need to build a strong New Product Portfolio and its management and delivery in a time bound manner for India Business of Sun.

Works closely with the Business/Marketing, Business Development, R&D, Manufacturing, Regulatory, IP, Market Research, SFE, CEO Office, Commercial, Medical, Clinical Research, CQA, Finance, PMO, New Product Launch, Network Strategy, Packaging development teams etc.

The job would essentially involve:

• Continuous evaluation, enrichment and expansion of product portfolio;
  Liaison between respective cross-functional team (CFT) for successful ideation to launch run
• Drive New Product Identification Process:
  Evaluate and select products in view with near- and long-term launches
• Therapy Gap Analysis and recommendation of products.
• Project Management Activities
• Analyze several competitive Intelligence data to identify innovative products and peer strategies across the value chain - development and marketing. Also, competitive intelligence tool to highlight in-market opportunities for commercial products and to de-risk commercial value of in-line products.
• Spearhead the updation of live portfolio dashboard as well as the continual updation of the product initiation form (PIFs) online. Portfolio update with specific performance and goals tracker for all key projects.
• Business case evaluation, revision and revenue projection for pipeline as well as in-line products. Budgeting for forthcoming financial year as well as consolidating 5-year revenue plan for both in-line and pipeline products.
• Facilitate several evaluation of products from Third Party basis in co-ordination with commercial team.

• New Product Ideation & Feasibility Analysis
• Establish & institutionalize processes for product selection
• Identify new product opportunities in line with overall business intent and inputs from various internal teams
• Validate the market potential in conjunction with Marketing Teams through primary / secondary market sources & benchmarks/analogues.
• Prepare the proposal on new products and initiate discussions with the respective teams
• Identify the product manufacturing basis the deliberations on the business case in conjunction with Network Strategy and cross-functional teams as appropriate
• Collaborate with cross-functional teams in R&D, PMO, Medical affairs, IP, Clinical Research, Business, New Product Introductions, Regulatory etc., to collect relevant data on assessing the development feasibility
• Estimate the product costing in and take necessary approvals.
• Partner the final product selection process.

• Anchor Product Selection meetings/discussions.
• Prioritize selected products based on pre-defined criteria and communicate the same to in-house & sourcing team.
• Finalize the calendar for product launches

• Interact with the prospective third partners in conjunction with Commercial Team.
• Validate technologies and skill sets of partners from portfolio fit perspective.
• Ensure timely alliances with the partners

• Ensure complete alignment between R&D team, Sourcing team, Marketing team and contract manufacturing team and various cross-functional teams to ensure the delivery timelines for new product launches
• Validate the actual launch performance against initial business assumptions.
• Ensure management reporting with regard to gauge performance Vs. targets

• Track and monitor the health of the product pipeline
• Establish…