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Product Manager Medis

Date: Jul 13, 2021

Location: Hafnarfjordur, IS, 211

Company: Teva Pharmaceuticals

Company Info

Teva is a global pharmaceutical leader and the world's largest generic medicines producer, committed to improving health and increasing access to quality health solutions worldwide. Our employees are at the core of our success, with colleagues in over 80 countries delivering the world's largest medicine cabinet to 200 million people every day. We offer a uniquely diverse portfolio of products and solutions for patients and we've built a promising pipeline centered around our core therapeutic areas.  We are continually developing patient-centric solutions and significantly growing both our generic and specialty medicines business through investment in research and development, marketing, business development and innovation. This is how we improve health and enable people to live better, healthier lives. Join us on our journey of growth!

Job Description

The Product manager shall serve as an expert in product knowhow through its life cycle and will be responsible for establishing and maintaining Product and Price Strategy for Medis products. He or she will collaborate closely with the Director Commercial Operations, Portfolio and Clusters.  The Product Manager will take on an active role in forecasting and budget review for new products and provide support during launch preparation with expected market situation, expected launch dates and demand. The Product Manager will constantly be seeking ways for new opportunities and/or improvements for the products and ways to maximize the success of Medis’ product both new products and products in supply.


  • Act as main point of contact within Medis for designated products, approved into Medis portfolio, from time of portfolio approval through the lifetime of the product
  • Identify strength and weaknesses of the product and take responsibility for collaborating with relevant stakeholders in order to create optimal holistic product and pricing strategy for designated Medis products
  • Prepare and provide product specific information and sales material necessary to the Medis clusters
  • Track ongoing development process, IP status and ongoing registrations for new products and contribute in regular product update meetings, IP update meetings and regulatory update meetings for relevant stakeholders
  • Gather & maintain product information in product database in order to support the success of the product through its lifetime and improving the Medis Product database tool
  • Collaborate with Commercial Price manager when creating the price strategy for the products
  • Follow up on, take action and follow through of the outcome of negative/low margin calculations related to designated products from Commercial Price manager
  • Keep track of all Medis business related activities, offers to signed agreements, for new products (prior to commercialization) and act as appropriate when a product (both new and launched) is not returning sufficient margin
  • Keep a detailed overview of the current business activity of each of the new products in order to be able to support multiple departments and functions within Medis, in a timely manner


  • Bachelor’s degree in pharmacy, life science, or related field of study
  • 5+ years of related experience with product management or business development and knowledge of R&D or regulatory requirements essential
  • Understanding of pharmaceutical research and development and knowledge of commercial principles of the generic industry is desirable 
  • Project management certification and/or experience is advantageous
  • Strategic thinking and flexibility to adapt to changes
  • Analysis skills with ability to research and analyse the right data to make product decisions
  • Business understanding with ability to deeply understand market situation and clients’ needs
  • Collaborative and interpersonal skills with ability to influence different people or groups, to communicate and disseminate the product strategy
  • Good computer skills and fluency in English spoken and written
  • Communication and presentation skills



Sub Function

Product Management

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Teva Pharmaceuticals is committed to equal opportunity in employment. It is Teva's global policy that equal employment opportunity be provided without regard to age, race, creed, color, religion, sex, disability, pregnancy, medical condition, sexual orientation, gender identity or expression, ancestry, veteran status, national or ethnic origin or any other legally recognized status entitled to protection under applicable laws.