Senior Product Manager, Bioprocessing at Thermo Fisher Scientific

Waltham, Massachusetts, United States

Thermo Fisher Scientific Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Life Sciences, Biotechnology, BiomanufacturingIndustries

Requirements

  • Bachelor’s degree in a scientific field or business required. MBA or equivalent experience highly preferred
  • 6+ years experience in life sciences industry, product management, or market development
  • Bioproduction or Life Sciences industry experience preferred
  • Experience leading cross-functional teams in a highly matrixed organization
  • Experience working directly with customers
  • Strong leadership, project management, and planning skills
  • Experience working with customers and commercial teams strongly preferred
  • Shown ability to influence and lead convincingly, driving cross-functional teams to succeed in challenging and ambiguous situations
  • Experienced working in a matrixed organization
  • Ability to work well with others – inspires trust and open communication amongst team members and peers
  • Passionately shares Thermo Fisher Scientific’s 4i values
  • Global mindset, excellent communication and presentation abilities, including strong active listening skills
  • Results and proactive dedicated, the ability to think critically to overcome potential business hurdles to complete tasks

Responsibilities

  • Lead development, implementation, and commercialization of expanded capabilities to support the existing product portfolio
  • Own the revenue and margin targets, overcoming challenges and driving to a targeted forecast
  • Analyze the market and partner with customers to understand competitive landscape and develop effective positioning, accurate revenue forecasting, and pricing strategies
  • Maintain close relationships with field organization (e.g., sales and technical support) through training and active participation in the sales process, including customer visits and customer support
  • Serve as capabilities champion and provide strategic direction for portfolio-related projects to other Marketing, R&D, Operations, and Commercial groups
  • Provide input to business unit annual strategic plan development, including STRAP and AOP
  • Develop and implement a capabilities strategy to expand high quality and innovative value proposition
  • Lead the portfolio's service offerings as well as day-to-day tactical aspects, supporting market analysis, planning, and commercial strategy

Skills

Key technologies and capabilities for this role

Product ManagementMarket AnalysisRevenue ForecastingPricing StrategyCommercial StrategyPortfolio ManagementBioprocessingSingle-Use TechnologiesCustomer PartneringCompetitive AnalysisCommercialization

Questions & Answers

Common questions about this position

What education is required for the Senior Product Manager role?

A Bachelor’s degree in a scientific field or business is required, with an MBA or equivalent experience highly preferred.

What experience is needed for this position?

Candidates need 6+ years of experience in the life sciences industry, product management, or market development, preferably in bioproduction or life sciences, with experience leading cross-functional teams in a matrixed organization and working with customers.

Is this a remote position, or does it require office work?

The role is based in an office environment with a standard Monday-Friday work schedule.

What are the key responsibilities of this Senior Product Manager role?

The role involves leading development and commercialization of expanded capabilities, owning revenue and margin targets, analyzing the market, maintaining relationships with sales teams, and providing strategic direction to cross-functional groups.

What skills make a strong candidate for this position?

Strong candidates will have strong leadership, project management, and planning skills, along with experience working with customers and commercial teams in a matrixed organization.

Thermo Fisher Scientific

Provides life sciences products and services

About Thermo Fisher Scientific

Thermo Fisher Scientific offers a variety of products and services that support scientific research and healthcare, including laboratory equipment, reagents, and software solutions. Their products are used in applications like protein biology, real-time PCR, and sequencing, serving clients such as academic institutions and pharmaceutical companies. Unlike competitors, Thermo Fisher emphasizes customer support and education, helping clients optimize their experiments. The company's goal is to be a leading provider of life sciences solutions that contribute to a healthier and safer world.

Waltham, MassachusettsHeadquarters
1956Year Founded
$17MTotal Funding
IPOCompany Stage
Biotechnology, HealthcareIndustries
10,001+Employees

Risks

Increased competition in single-use bioprocessing may impact market share.
Sale of anatomical pathology business could create a temporary product gap.
Investment in miDiagnostics may face regulatory challenges affecting returns.

Differentiation

Thermo Fisher offers a comprehensive range of life sciences products and services.
Their well-known brands include Thermo Scientific, Applied Biosystems, and Invitrogen.
They provide strong customer support and educational resources to optimize client workflows.

Upsides

Expansion of biologics production facility enhances capacity for precision biologics monitoring.
Investment in miDiagnostics aligns with demand for rapid diagnostic solutions in BioPharma.
Collaboration with Mainz Biomed positions them in the growing cancer detection market.

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