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Product Manager

Concur Pharmaceuticals Private Limited Vikaspuri, Delhi, Delhi

TalentMD Healthcare Jobs
Urgently Required

Product Manager

Experience :  1 to 5 years

No of vacancies :  1

Job Description: The Product Manager is responsible for the planning, development, and marketing of pharmaceutical products throughout their lifecycle. This role involves coordinating with cross-functional teams, conducting market analysis, and implementing strategies to maximize product profitability and market share while ensuring compliance with industry regulations.

Key Responsibilities: Product Strategy: Develop and execute product strategies that align with business objectives and market needs.
Market Research: Conduct market analysis to identify customer needs, competitive dynamics, and opportunities for product growth.
Product Launch: Plan and manage the successful launch of new products, including go-to-market strategies, pricing, and promotional plans.
Cross-Functional Collaboration: Work closely with R&D, manufacturing, sales, and regulatory teams to ensure smooth product development and commercialization.
Performance Monitoring: Track product performance using key metrics and recommend improvements.
Regulatory Compliance: Ensure all product-related activities comply with pharmaceutical regulations and company policies.
Customer Engagement: Work with the sales team to gather customer feedback and ensure customer satisfaction.
Training: Provide training and support to sales teams on product knowledge, positioning, and messaging.
Lifecycle Management: Oversee the product lifecycle, making recommendations for improvement, extension, or discontinuation as needed.
Budget Management: Manage product-related budgets, ensuring efficient allocation of resources.

Education Qualifications: Minimum Requirements: Bachelor’s degree in Pharmacy, Life Sciences, Marketing, or a related field.
Preferred: MBA or advanced degree in Marketing or Product Management.
Experience: Proven experience in product management, marketing, or related roles in the pharmaceutical industry.

Key Attributes: Strategic Thinking: Ability to develop and implement effective product strategies.
Market Insight: Strong understanding of customer needs, market dynamics, and competitive landscapes.
Communication Skills: Proficient in presenting ideas and collaborating with diverse teams.
Analytical Ability: Expertise in analyzing market data, sales trends, and product performance metrics.
Customer-Centric: Focus on understanding and fulfilling customer needs.
Adaptability: Ability to adjust strategies based on emerging market trends.

About the Role: The Product Manager plays a crucial role in driving the success of pharmaceutical products by ensuring they meet customer needs, adhere to regulatory standards, and achieve business goals. This position requires a combination of strategic thinking, market insight, and cross-functional collaboration to deliver value to both the organization and its customers.