Director/Senior Manager Portfolio Management (Business Development)

The Director of Portfolio Management leads product ideation, selection, prioritization, portfolio analytics, and competitive market landscaping to grow Padagis pipeline and portfolio utilizing the ANDA and 505(b)(2) regulatory pathway.

Note: This position can be located in the Western, Michigan or Minneapolis-St. Paul areas and is eligible for a hybrid workplace arrangement in both of these locations. Fully remote candidates will be considered, with preference given to candidates located in Western Michigan, Minneapolis-St. Paul, and New York/New Jersey.

Since its beginning, Padagis has been undergoing the process of identifying what we believe will lead to the success of our organization in a competitive landscape. To that end, we have developed a set of five “core” competencies. We strive to bring employees on board the journey with us who exemplify these key competencies:

• Service delivery – Understand who your internal and external customers are, identify their needs, and deliver value above their expectations…
• Active collaboration – Seek opportunities to work together across teams, function, business units, and geographies to seek success…
• Demonstrate agility – Proactively identify changes in our environment and act quickly, leading or embracing change…
• Think differently – Create, develop, and implement new ideas, products, services, or processes that involve introducing something new or significantly improving something that already exists…
• Excellent execution – Achieve outstanding results in all aspects of our organization, including our culture, leadership, strategy, and processes…

Job duties:

Ideation-Selection-Prioritization:

• Generate and continually update a long list of potential candidates for product development or licensing/acquisition based on fit to company strategy
• Build business case (market potential, development challenges, regulatory pathway, and patent landscape) to guide investment decisions for the ideation candidates
• Based on target product profile, capability, and capacity, recommend for internal development, or propose fit-for-purpose external partners (with enabling platform technologies, and/or development and manufacturing capabilities) for further evaluation.
• Refresh business cases based on developmental timelines, competitive intelligence, and investments required to prioritize resource allocation to pipeline candidates

Portfolio Analytics:

• Ensure an appropriate number of assets are at each lifecycle stage and that assets are passing through stage gates with sufficient velocity to meet corporate strategy and multi-year growth targets
• Develop and monitor metrics for the health of the Padagis portfolio. Communicate insights and recommended course of action to cross functional team and management to maintain health of the portfolio
• Mine publicly available information and market intelligence to maintain an informed view of competitive landscape for Padagis assets. Communicate insights and recommended course of action for ideation, prioritization, or partnering

Product Licensing, and Acquisition Support:

• Support business case build to guide investment decisions for externally sourced product opportunities.

Required qualifications:

• Bachelor’s Degree in science, finance, business, regulatory, clinical, pharmaceutics, or intellectual property management is required. Advanced degree preferred.
• Minimum of 10 years experience in portfolio management function for US generics and at least 5 years experience in any discipline associated with pharmaceutical sales & marketing (pricing, analytics, product management, market access), product development, manufacturing, supply chain, regulatory affairs, clinical, medical affairs, or intellectual property management.
• Experience with leverage of US products for ex-US markets, and 505(b)(2) products preferred
• Conversant with product analytics tools (e.g. IQVIA, Cortellis, Biomedtracker, IPD Analytics, PriceRx).
• Demonstrated ability to lead cross-functional teams and drive decisions in a fast-paced environment
• Strong analytical, verbal and written communication skills.
• Excellent interpersonal and communication skills
• Strong project management skills, including the ability to manage multiple initiatives simultaneously

About us:

At Padagis our focus is on health care products that improve people’s lives. We are a market-leading generic prescription pharmaceutical company that specializes in “extended topical” medications, like creams, foams, mousses, gels, liquids and inhalable products. It’s a great time to join our team because we have a high growth trajectory with now more than 1,300 employees across six locations in the United States and Israel. We’ve already established a successful track record of launching first-to-file and first-to-market generic pharmaceutical products that have helped to make prescription products more affordable for patients and reduce costs for the healthcare system. Our team members work in a dynamic environment where opportunity is built on a foundation of honesty and transparency. Please consider joining our team where great things are happening and you can make a difference.

What’s Next:

At Padagis a real recruiter AND the hiring manager will review your application, not just a bot. This means we pay special attention to each application submitted for the position. While it could take a couple of days for us to get back with you, please know that we appreciate you applying for the open position and ask that you monitor your email for updates.