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Associate Director, New Product Strategy

Date: Jul 2, 2021

Location: Parsippany, New Jersey, US, 07054

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

Key drivers of our growth in US Generics are the launches that come from our in-house development and 3rd party partners. As a New Product Strategy (NPS) Associate Director, your challenge is to manage the generic new product projects in a close relationship with the market. You have a central role in which you coordinate the process from ANDA submission through to launch. It’s a position with many local and global interfaces and a responsibility that significantly impacts our business.   

The NPS Associate Director will manage the strategic and tactical execution of new product strategy and planning from the time the product is selected for development to approximately 6 months after product launch.  You will also collaborate with R&D during development to provide commercial input and identify risks to launch strategy.   The job incumbent will monitor the product through major capital investments, litigation, regulatory interfaces and pre-launch/validation/launch activities. Working in coordination with key stakeholders in Generic R&D, Operations, Legal Affairs, Regulatory Affairs, Quality Management, Supply Chain, Global Purchasing, Business Development and Sales & Marketing; the Associate Director will ensure on time launch of new products within Teva USA. The incumbent will assist in the development of the launch strategy, identify risks, monitor issue resolution, and manage key project milestones as part of the coordinated effort.  He/she must raise red flags if milestones are not reached or when financial terms require re-evaluation of the launch strategy.

  • Lead the development of new product plans including all activities from the time of FDA submission to product launch. Report progress on execution of the plans, identify risks, highlight issues in conjunction with recommended solutions and seek input/approval from the management team for plan changes as required. Collect and assimilate information regarding future new products from pertinent inside resources and functional areas as well as outside information resources. Develop, with the appropriate functional areas, the launch strategy for each new product including: characterization / scale-up, validation and launch plans, financial analysis, and regulatory/legal/process impacts and risks. Communicate this strategy to the appropriate personnel involved in the launches.
  • Work with stakeholders to define major milestones and report / resolve issues with meeting these dates. Establish accountability and drive target completion of all major 
  • milestones associated with each individual new product launch project.
  • Provides guidance and direction to R&D and operations site project managers during all phases of the new product development and commercialization that impact launch strategy. 
  • Work to ensure the successful and timely execution of new product launch plans. This is achieved through tight coordination with sales, marketing, supply chain, manufacturing, distribution, regulatory, quality and legal affairs.
  • Manage changes in scope based on changing strategic direction and properly/ timely communicate changes.
  • Develop contingency plans (‘what ifs”) for pertinent launches and define launch strategies for each scenario.
  • Represent sales and marketing in new product launch related activities including trade-dress review prior to launch, forecast review and management, competitive analysis, scenario planning, and sales / share assessments.
  • Maintain critical launch information and strategic reports utilizing Planisware
  • Monitor Operational readiness from 2 years before earliest launch date
  • Follows Teva Safety, Health, and Environmental policies and procedures

Qualifications

Education Required: Bachelor’s degree in a technical science

Education Preferred: Master’s degree in Business or Science and/or Masters in Business Administration

 

Experience Required:

  • Minimum of 8 years progressive experience in the pharmaceutical industry, Generics preferred
  • Direct working experience, within the pharmaceutical industry, in Project Management, Manufacturing Operations, Supply Chain, Quality, Regulatory, or Research & Development.
  • Experience working for a multi-national matrix organization, directly supporting a global function. 
  • Experience Preferred: New product launches 

 

Specialized or Technical Knowledge Licenses, Certifications needed:    

  • Strong experience and knowledge of data collection, analysis and PM systems: Oracle, BI, PSNext, Microsoft Word, Excel, PowerPoint, MS Project

 

Functional Knowledge:    

  • Demonstrates excellent project management and negotiation skills to accomplish goals and influence colleagues
  • Commercial sense and strong influencing skills
  • Develops and presents appropriate strategies and solutions
  • Excellent organization and time management skills.
  • Demonstrates excellent meeting management skills
  • Uses sound judgment to make appropriate decisions
  • Excellent communication skills, both written and verbal
  • Demonstrates the ability to negotiate team resources and manage competing priorities.
  • Demonstrates the ability to interact with all levels of staff internally, externally, and globally
     

Function

Marketing

Sub Function

Portfolio

Already Working @TEVA?

If you are a current Teva employee, please apply using the internal career site available on "Employee Central". By doing so, your application will be treated with priority. You will also be able to see opportunities that are open exclusively to Teva employees. Use the following link to search and apply: Internal Career Site

The internal career site is available from your home network as well. If you have trouble accessing your EC account, please contact your local HR/IT partner.

Teva’s Equal Employment Opportunity Commitment

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. We are committed to a diverse and inclusive workplace for all. If you are contacted for a job opportunity, please advise us of any accommodations needed to  support you throughout the recruitment and selection process. All accommodation information provided will be treated as confidential and used only for the purpose of providing an accessible candidate experience.  


Nearest Major Market: New York City
Nearest Secondary Market: Newark