Portfolio Development Director
Posted: 3 days ago
Job Description
DEMO S.A. is a Greek industrial and commercial organization, specializing in the production, sales and distribution of injectable drugs. We are bringing the future into the present, with a 356 million Euro investment plan, which is already underway. DEMO is stepping up to become a European and global leader in the manufacture of injectables by 2027; by constructing four new production units in Tripoli, by building a small-scale manufacturing unit for the development and production of monoclonal antibodies, by investing heavily in R&D and by expanding its existing manufacturing plants in Kryoneri.We are looking for a talented Portfolio Development Director to shape and drive DEMO's product portfolio strategy.The main purpose of this role is to lead the strategic planning, development, and optimization of our pipeline and commercial products, ensuring every decision aligns with the company's vision and growth objectives. This position is pivotal in identifying and prioritizing new product opportunities, guiding cross-functional teams from concept through launch, and fostering data-driven decision-making across R&D, Regulatory Affairs, Commercial, Medical Affairs, Manufacturing, and Procurement.The Portfolio Development Director oversees managers and officers within the directorate, champions continuous improvement, and ensures the seamless transition of products through every stage of the lifecycle.He/She and leads the strategic planning, development, and optimization of the company's product portfolio encompassing both R&D pipeline assets and commercial products.He/She work closely with various stakeholders across R&D, Regulatory Affairs, Commercial, Medical Affairs, Manufacturing, Procurement to enable data-driven decision-making and ensure alignment with corporate strategy.The PD Director manages a team of Managers and Officers.In particular:Portfolio Development:Identification and assessment of potential new product opportunities for in-house development:Search, evaluation & selection of potential new finished product targets for portfolio development, according to the company's strategy (mainly focused on sterile generic and value-added medicines) Responsible for the overall planning and prioritization of new product opportunities in order to ensure that the targeted number of development projects is delivered to the R&D teams on timenitial budgeting and forecasting Evaluation of the IP landscape Portfolio ManagementParticipates in the product lifecycle reviews with the aim to implement optimizations in commercialized productsMaterial sourcingFor those portfolio development projects that are approved by top management, the PD Director leads the process for the selection of the appropriate vendors in close collaboration with the R&D and Regulatory Affairs teams. In particular:Leads the sourcing of new APIs and, where applicable, new excipients and packaging materials required for the development of the selected productsLeads the contract negotiations with the abovementioned vendors/developersManages the relationship with the selected material vendors to achieve support and alliance with the project timelinesProject Management:Monitoring and support of the development process from project approval until commercial launchMonitoring and support of the periodic product lifecycle management process for the existing portfolioGeneral tasks:He/she serves as the PD Subject Matter Expert at the highest level within the company and provides advice to other company teamsHe/she prepares reports to the Group Director of Corporate Development and the top managementHe/she is responsible for preparing the annual budget of the PD DirectorateHe/she is responsible for the development of the PD Directorate members and their performance assessment (performance appraisal) as their direct or indirect reportHe/she identifies the Directorate's training needs on PD matters and collaborates with HR for the implementation of the required training programHe/she designs and evaluates periodically the Directorate's main operating procedures and implements improvements in order to increase the teams' productivityRequirementsBachelor's degree in Pharmacy or Chemistry or other life sciences8+ years of experience in the pharmaceutical industry, with significant experience in portfolio management, program management, corporate strategy or R&D operationsStrong understanding of the development process for generics and value-added medicinesGood understanding of the commercialization processGood understanding of the Intellectual Property (IP) risks related with pharmaceutical productsAbility to lead cross-functional initiatives and influence senior stakeholdersExcellent analytical and problem-solving skills, with proven ability to work under pressure and delivery against deadlinesProficiency in Microsoft Office SuiteFamiliar with SAP, IQVIA Midas software
Job Application Tips
- Tailor your resume to highlight relevant experience for this position
- Write a compelling cover letter that addresses the specific requirements
- Research the company culture and values before applying
- Prepare examples of your work that demonstrate your skills
- Follow up on your application after a reasonable time period