What are the responsibilities and job description for the Executive Director, New Product Planning position at Travere Therapeutics?
Department :
104275 Global Product Strategy
Location : San Diego
Be a part of a global team that is inspired to make a difference in the lives of people living with rare disease.
At Travere Therapeutics, we recognize that our exceptional employees are vital to our success. We are a dedicated team focused on meeting the unique needs of rare patients. Our work is rewarding - both professionally and personally - because we are making a difference. We are passionate about what we do.
We are seeking talented individuals who will thrive in our collaborative, diverse, fast-paced environment and share in our mission - to identify, develop and deliver life-changing therapies to people living with rare disease. We stick by our values centered on patients, courage, community, and collaboration to pursue our vision of becoming a leading biopharmaceutical company dedicated to the delivery of innovation and hope to patients in the global rare disease community.
At Travere Therapeutics, we are in rare for life. We continue to courageously forge new paths as we move toward a common goal of elevating science and service for rare patients.
Position Summary :
To achieve Travere's enterprise goal of establishing a pipeline of groundbreaking medicines for patients affected by rare diseases, we are opening a new position of Executive Director for New Product Planning. This ED for NPP will report to the Chief Commercial Officer and is responsible for the strategic process of identifying, evaluating and developing new molecular entities (NMEs) within Travere and preparing the organization and the market for commercial access to patients of these NMEs. The role will focus on addressing high unmet medical needs in rare diseases by researching the commercial potential of drug candidates, evaluating their market viability, and creating a commercialization roadmap towards product launches consistent with Travere's business objectives and projections.
Responsibilities :
- Works closely together with business development, medical, translational science, regulatory and CMC teams in bringing the commercial voice to decisions through market analysis and engagement with external stakeholders
- Analyzes current treatment options within prioritized rare nephrology and metabolic disease indications to identify areas where significant patient improvements are possible
- Conduct primary and secondary research to assess the commercial attractiveness of external innovation including US and international market sizing assessments, competitive landscape, target product profile development, and revenue forecast projections
- Participates as a key member of the Business Development Diligence team by providing commercial input and insight in the assessment of target assets including market assessment, strategic fit, and resourcing needs
- Drive cross-functional efforts to strategically shape Travere's products to meet the needs of patients in finding the best path forward to commercialize our portfolio
- Guide program strategy and decision-making at all stages from search & evaluation and clinical development to ultimately launch; lead value creation through the commercialization roadmap
- Support portfolio strategy to enable prioritization and resource allocation
- Lead commercialization process and roadmap development through establishing market opportunity assessment, required target product profile (TPP), competitive tracking and creating the investment thesis for development projects
- Closely collaborate with Corporate Strategy, Program Management and Finance teams to support detailed planning and budgeting
Education / Experience Requirements :
Additional Skills / Experience :
Total Rewards Offerings :
Travere provides comprehensive total rewards offerings that demonstrate our commitment as a diverse, equitable, people-centric, and pay-for-performance organization.
Benefits : Our benefits include premium health, financial, work-life and well-being offerings for eligible employees and dependents, wellness and employee support programs, life insurance, disability, retirement plans with employer match and generous paid time off.
Compensation : Our competitive compensation package includes a combination of both cash compensation (base pay and short-term incentive) and long-term incentive compensation (company stock), designed to recognize, retain, and reward employees.
Target Base Pay Range :
238,000.00 - $320,000.00
Travere will accept applications on an ongoing basis until a candidate is selected for the position.
Travere Therapeutics, Inc. is an EEO / AA / Veteran / Disability Employer.
If you require a reasonable accommodation to complete the application or interview process, please contact us by sending an email to accommodations@travere.com. Please note that this email address is to be used exclusively to request an accommodation with the online application, interview or hiring process only. Travere HR will not reply to emails sent to this address for any other reason.
Salary : $238,000 - $320,000
