Associate Director, Franchise Portfolio Management at Azurity Pharmaceuticals

Woburn, Massachusetts, United States

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

PharmaceuticalsIndustries

Requirements

PharmD or PhD or bachelor’s or master’s degree in a relevant field (e.g., Life Sciences, Business Administration) preferred
5+ years of relevant experience with an advanced degree; 10+ years with a bachelor’s degree
Experience in pipeline or in-line marketing or new products commercialization
Familiarity with therapeutic areas and pharmaceutical drug development and commercialization
Experience conducting primary and secondary market research and developing discussion guides, target product profiles (TPPs), forecast assumptions for new product ideas
Experience in sales forecasting and financial modeling
Knowledge of pharmaceutical product lifecycle management and commercialization processes
Detail-oriented with strong organizational skills, capable of managing multiple tasks and priorities

Responsibilities

Gain a strong expertise in the therapy areas overseen by the franchise through targeted research, competitive intelligence, engagement with market and customer insights, and attendance at key conferences
Contribute to franchise-level strategic plans, including mature asset management and revenue optimization
Drive brand strategy development and execution through each Product Lifecycle Management (PLM) stage, ensuring readiness for launch
Manage brand plans, pricing strategies, forecasts and forecast assumptions, target product profiles (TPPs), and P&Ls over the life of products/brands managed by the franchise. Guide launch archetype development and post-launch enhancements, including line extensions and phase-outs
Continuously gather and analyze customer insights to refine product and commercial strategies
Oversee product enhancements and line extensions after market introduction, and plan for phase-outs and support withdrawal as products reach end-of-life
Support Product Lifecycle Management (PLM) process through all stages under the guidance of VP Franchise Portfolio Management, and coordinate with relevant cross-functional teams to meet stage-gate criteria and timelines and recommend product discontinuations when needed
Assist in preparing reports, presentations, and recommendations for portfolio reviews and strategic planning sessions
Work with the corporate development team to identify, evaluate, and integrate external assets that enhance the internal portfolio and strengthen product offerings

Skills

Key technologies and capabilities for this role

Strategic PlanningCompetitive IntelligenceMarket InsightsBrand StrategyProduct Lifecycle ManagementPricing StrategyForecastingP&L ManagementRevenue OptimizationTherapy Area Research

Questions & Answers

Common questions about this position

What educational qualifications are required for the Associate Director role?

Candidates must have a PharmD or PhD, or a bachelor’s or master’s degree.

What are the main responsibilities in this position?

The role involves strategy development and execution for the franchise product portfolio, including brand strategy, pricing, forecasts, product lifecycle management, customer insights analysis, and coordination with cross-functional teams.

What is the team structure for this role?

The position supports the VP of Franchise Portfolio Management and involves coordination with cross-functional teams and the corporate development team.

What is the company culture like at Azurity Pharmaceuticals?

Azurity is an inclusive workplace and Equal Opportunity Employer with a talented, dedicated team focused on benefiting patients through the best science and commitment to quality; they seek highly motivated individuals with dedication, integrity, and creative spirit.

What makes a strong candidate for this Associate Director position?

Strong candidates will have the expertise to develop franchise strategies, manage product lifecycles, analyze customer insights, and collaborate cross-functionally, along with the dedication, integrity, and creative spirit to thrive in a patient-focused organization.

Azurity Pharmaceuticals

Develops specialized formulations of medicines

About Azurity Pharmaceuticals

Azurity Pharmaceuticals develops specialized formulations of existing medicines to meet the needs of patients who are often overlooked by traditional pharmaceutical companies. Their products include oral suspensions and other forms that are easier to administer, particularly for those who have difficulty swallowing pills or need precise dosing. This focus on creating accessible and effective medications enhances patient compliance and addresses gaps in the pharmaceutical market. Azurity serves healthcare providers, hospitals, and pharmacies, generating revenue through the sale of FDA-approved proprietary medicines across various therapeutic areas, including cardiovascular, central nervous system, and oncology. Their goal is to improve patient outcomes by providing high-quality, innovative medicines tailored to specific medical conditions.

Woburn, MassachusettsHeadquarters

2000Year Founded

$182.2MTotal Funding

GROWTH_EQUITY_VCCompany Stage

Biotechnology, HealthcareIndustries

201-500Employees