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Director of Product Management, Critical Care and Anesthesia

Meitheal Pharmaceuticals
United States, Illinois, Chicago
Nov 19, 2024
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Job Type
Full-time
Description

About Us:

Established in 2017 and headquartered in Chicago, Meitheal Pharmaceuticals is a dynamic company dedicated to the development and commercialization of generic injectables. With a recent expansion into fertility, biologics, and biosimilars, Meitheal markets over 50 FDA-approved products across various therapeutic areas. Committed to accessibility and affordability, Meitheal exemplifies the Irish guiding principle of "Meitheal," fostering teamwork toward common goals.

Position Summary:

The Director of Product Management for Meitheal's Critical Care and Anesthesia portfolio plays an instrumental role in providing leadership to ensure the product portfolio is properly positioned and developed to drive both short and long-term financial success. This role will focus on portfolio positioning, oversight of new product launch activities, participation in annual budget/forecasting process, monthly S&OP cycle and providing product support to various other internal functions.

Essential Duties and Responsibilities include the following. Other duties may be assigned.

  • Lead the development of product portfolio plans and strategic initiative to meet organization financial targets, overcome business challenges and drive attainment of market share.
  • Oversee the development of product promotional strategies, partnering with internal and external stakeholders.
  • Work collaboratively with the Market Intelligence, Pricing Analytics, Sales, Contract Marketing and other departments to meet overall product portfolio goals.
  • Provide pricing recommendations and insights to support maximization of product sales and gross profit optimization.
  • Responsible for providing both volume and market share goals as part of Meitheal's annual budget and forecasting process.
  • Provide monthly updates as to status of meeting target volume goals and provide recommendations to either further accelerate success or opportunities to overcome volume challenges.
  • Lead review and submission of forecast changes and drivers thereof for monthly S&OP cycle.
  • Lead development and execution of go-to-market strategy for assigned new product launches including customer targeting using awareness of GPO/Trade/IDN landscape, pricing strategy and competitive landscape, working cross-functionally to ensure all aspects of product launches are on track to meet product introduction targets.
  • Utilizing multiple inputs provided throughout the organization, serve as the portfolio expert as it relates to product positioning, competitive information, channel penetration and product performance.
  • Lead the development, education and maintenance of product tools (brochures, website, sales collateral, etc.)

Supervisory

Supervisory responsibilities including one or more direct reports.

Competencies

* Business Acumen

* Judgement

* Change Management

* Project Management

* Ethics

* Interpersonal

Qualifications

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill and/or ability required.

* Bachelor's Degree in a business-related discipline with at least seven years of increasing responsibility and experience in generic pharmaceutical industry, with preference towards product management, portfolio management or marketing.

* Awareness of GPO/Trade/IDN landscape and knowledge.

* Ability to understand, translate and integrate multiple data sources into clear and impactful insights to drive decision making.

* High level of business acumen, analysis and judgement.

* Strategy development, project management, and problem-solving skills.

* Exceptional interpersonal communication skills.

* Ability to build positive working relationships, both internally and externally.

Preferred

* Advanced degree (MBA/MS)

* Experience with global operating structures

Travel

Up to 25%

Computer skills

Extensive computer proficiency with desktop software in a Windows environment required: Microsoft Word; Excel; PowerPoint required.

Why Join Us?

  • Be part of a fast-growing company dedicated to making healthcare more accessible and affordable.
  • Work in a collaborative and supportive environment that values teamwork and common goals.
  • Opportunity to make strategic decisions and have a significant impact on the company's product offerings.
  • Hybrid schedule - two days in the office per week.
  • Casual dress code.

Equal Opportunity Employer:

Meitheal Pharmaceuticals is an Equal Opportunity Employer. We welcome and encourage applications from all qualified individuals, including minorities, women, veterans, and individuals with disabilities.

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