Monroe Consulting Group, an Executive Recruitment firm's Healthcare Division is partnering with a growing Pharmaceutical company to hire a Product Manager. This opportunity is based in Kuala Lumpur, Malaysia.
Position Overview
The Product Manager will lead the strategic planning, development, and commercialisation of pharmaceutical products across the product life cycle. This role will directly contribute to business growth by ensuring product competitiveness, market relevance, and sustained portfolio performance.
Key Responsibilities
1. Product Strategy & Planning
- Develop and implement product strategies in alignment with overall business goals.
- Collaborate with senior management to define product positioning, market access strategies, and pricing strategies.
- Monitor and analyse industry trends, competitor products, and regulatory developments to ensure product success and compliance.
2. Product Lifecycle Management
- Manage the product life cycle from development to launch, ensuring products meet market needs and regulatory requirements.
- Coordinate with R&D and regulatory teams to guide products through development stages, clinical trials, and approvals.
- Ensure timely product launches by managing timelines, resources, and key stakeholders.
3. Market Analysis & Consumer Insights
- Conduct in-depth market research to identify customer needs, competitive landscape, and potential opportunities for product improvement or expansion.
- Gather and analyse feedback from customers, sales teams, and healthcare professionals to refine product offerings.
4. Sales & Marketing Support
- Support the development of product positioning and messaging that highlights the product's unique value proposition.
- Provide training and ongoing support to the sales team to ensure they are equipped to effectively promote the product.
- Track and analyse product performance, customer feedback, and sales trends to inform future strategies.
5. Financial Performance & Budgeting
- Monitor the financial performance of the product portfolio, including revenue, costs, and profitability.
- Manage product budgets and collaborate with finance to ensure efficient allocation of resources.
Key Requirements
Qualifications & Experience
- Bachelor's degree in Pharmacy, Life Sciences, Business, Marketing or a related field.
- Experience in the therapeutic area relevant to Obstetrics & Gynaecology or Orthopaedics is preferred.
- 3-5 years of experience in product management, brand management, or related roles within the pharmaceutical industry.
Technical / Functional Expertise
- Strong understanding of the pharmaceutical industry, product life cycle management, and market dynamics.
- Experience working with cross-functional teams including regulatory, marketing, and sales.
- Experience in product strategy development, market analysis, product positioning, pricing strategies, market access strategies, and portfolio management.
- Understanding of clinical trials, regulatory approvals, and pharmaceutical product commercialisation processes.
Soft Skills & Leadership Competencies
- Excellent communication, negotiation, and interpersonal skills.
- Strong analytical, strategic thinking, and problem-solving abilities.
- Ability to work in a fast-paced, dynamic environment and manage multiple priorities.
- Strong stakeholder management and cross-functional collaboration capabilities.
