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Product Manager/ Asst. Product Manager - Generic Division

Laborate Pharmaceuticals

4 - 9 years

Panipat

Posted:13 hours ago

Job Description

A.

  • Develop marketing strategies for generic pharmaceutical products.
  • Manage the complete product lifecycle, from product launch to market expansion.
  • Identify new product opportunities based on market demand, competition, and therapeutic trends.
  • Develop product positioning, branding, and differentiation strategies.
  • Prepare annual marketing plans and product-wise sales budgets.

B.

  • Identify potential generic molecules and product opportunities.
  • Conduct market research and competitor analysis before product launches.
  • Coordinate with the R&D, Regulatory Affairs, Production, and Business Development teams.
  • Develop product launch plans, promotional strategies, and sales forecasts.
  • Ensure timely launch of new products.

C.

  • Develop promotional strategies to improve prescription generation and product sales.
  • Conduct product training for medical representatives and field sales managers.
  • Prepare product presentations, visual aids, detailing materials, and promotional inputs.
  • Support the sales team in achieving monthly, quarterly, and annual targets.
  • Participate in sales meetings, cycle meetings, and field visits.

D.

  • Monitor competitor brands, pricing, product availability, and promotional activities.
  • Analyse market trends, prescription trends, and therapy-wise growth opportunities.
  • Identify gaps in the existing product portfolio.
  • Track product performance and recommend corrective marketing actions.

E.

  • Develop product communication strategies and promotional campaigns.
  • Prepare product literature, visual aids, product cards, and digital promotional content.
  • Plan doctor engagement activities, CMEs, seminars, and scientific promotional programs.
  • Coordinate with advertising agencies and creative teams.
  • Ensure all promotional communication is scientifically accurate and compliant with applicable regulations.

F.

  • Monitor product-wise sales performance and market share.
  • Prepare monthly marketing reports and sales analysis.
  • Track ROI of promotional activities.
  • Analyse product growth, profitability, and sales trends.
  • Recommend strategies to improve underperforming brand

Skills Required

Life cycle Product promotion Product strategy New product Management PMT Launch Promotions

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Laborate Pharmaceuticals

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