Product Manager

About Dr. Reddy's Laboratories

Dr. Reddy’s Laboratories Ltd. is a global pharmaceutical leader employing over 24,000 people worldwide with operations spanning 66 countries. Founded in 1984 with a small team, the company's mission is to enhance access to affordable and innovative medicines, driven by a commitment to good health, sustainability, and progressive governance.

Dr. Reddy's promotes a workplace free from discrimination and values diversity, equal opportunity, and meritocracy across all locations.

Role Overview

The Product Manager role involves designing and executing comprehensive strategies for high-potential pharmaceutical products, aiming to grow market share and profitability. You will lead competitive analysis, product launch planning, and alignment across cross-functional teams to ensure commercial success and lifecycle management.

Key Responsibilities

• Conduct detailed competitive landscape assessments to identify growth opportunities and define key product success factors.
• Collaborate with Markets and Biologics teams to establish product success criteria and ensure strategic alignment.
• Support the development of early commercial strategies, including market access plans and marketing collateral preparation.
• Identify and manage risks and challenges pertinent to market conditions and development/manufacturing.
• Coordinate cross-functional teams to align forecasts, capacity planning, and launch readiness, recommending long-term capacity investments.
• Own the product's profit and loss accounting, including sales, marketing expenses, and other related costs throughout its lifecycle.
• Define and monitor lifecycle management strategies alongside development teams to optimize product allocation during supply constraints.
• Lead portfolio optimization initiatives, conducting cost analysis, and proposing improvements for enhanced product performance.

Qualifications and Experience

• MBA degree required.
• Minimum 5 to 8 years of experience in commercial, program/project management, or strategy roles within the pharmaceutical or life sciences sectors.

Technical and Behavioral Competencies

• Strong expertise in managing product development projects, including goal-setting, timelines, resource coordination, and risk mitigations.
• Experience in new product launches encompassing market assessment, competitor analysis, and cross-departmental coordination.
• Comprehensive knowledge of product lifecycle management, pricing, positioning, and promotion.
• In-depth understanding of market research data, trends, and customer insights to guide strategic decisions.
• Familiarity with market access strategies and promotional tactics targeting healthcare providers and payers.
• Understanding of biosimilar or biologics manufacturing and development supply chains.
• Exceptional cross-functional collaboration with R&D, marketing, sales, finance, and regulatory teams.
• Strong leadership, strategic thinking, communication, problem-solving, and multitasking abilities in dynamic environments.

Additional Information - Biologics Department

This department focuses on the global biosimilars market, targeting therapeutic areas with a potential market exceeding US$80 billion. With over 20 years of experience, the team manages in-house development through to commercialization, supporting complex clinical and regulatory programs and maintaining global quality manufacturing standards. Over 900,000 patients have benefited from their biosimilar products to date.

Benefits

Dr. Reddy’s offers a professional growth environment with tailored learning programs and competitive industry-standard benefits, including relocation and joining assistance, family support (maternity & paternity), and comprehensive medical and life insurance coverage.

Work Culture

The company embraces a mission-driven culture focused on improving patient health, fostering empathy, innovation, teamwork, and respect for diversity. Employees are motivated by a shared purpose and supported through enabling environments to maximize their potential and collective success.