Head - New Product Development

Job Description

1. Strategic Leadership: Develop and execute the product development strategy for the private label medicine brand. Identify market trends and opportunities to drive product innovation and differentiation. Collaborate with senior leadership to align product development goals with overall business objectives. 2. Product Development: Oversee the end-to-end product development process, from concept to commercialization. Manage the development of new pharmaceutical formulations, ensuring compliance with regulatory standards. Lead quality assurance, regulatory affairs, and manufacturing teams to bring new products to market. 3. Market Research and Analysis: Conduct market research to identify customer needs, competitive landscape, and potential product gaps. Analyse data to inform product development decisions and prioritize initiatives based on market demand and business potential. 4. Project Management: Lead cross-functional project teams, ensuring timely and successful product launches. Develop and manage project timelines, budgets, and resources. Monitor project progress, identify risks, and implement corrective actions as needed. 5. Quality and Compliance: Ensure all products meet stringent quality and regulatory standards. Collaborate with regulatory affairs to navigate the approval process for new products. Implement and maintain robust quality control procedures throughout the product development lifecycle. 6. Partnership and Collaboration: Establish and maintain strong relationships with key stakeholders, including suppliers, contract manufacturers, and external partners. Negotiate contracts and manage partnerships to support product development goals. 7. Team Leadership: Build and mentor a high-performing product development team. Foster a collaborative and innovative work environment that encourages professional growth and development. Desired Skills and Expertise: Bachelor s degree in Pharmacy, Pharmaceutical Sciences, Chemistry, or a related field. An advanced degree (MBA, PharmD, or equivalent) is preferred. Minimum 7 years of experience in pharmaceutical product development, with a focus on generic or private label medicines. Proven track record of successful product launches in the pharmaceutical industry. Strong knowledge of FDA regulations, GMP, and other relevant regulatory requirements. Excellent project management skills, with the ability to manage multiple projects simultaneously. Strong analytical and problem-solving skills. Exceptional communication and interpersonal skills. Demonstrated leadership experience with the ability to inspire and manage a team.