Azurity Pharmaceuticals is a privately held, specialty pharmaceutical company that focuses on innovative products that meet the needs of underserved patients. As an industry leader in providing unique, accessible, and high-quality medications, Azurity leverages its integrated capabilities and vast partner network to continually expand its broad commercial product portfolio and robust late-stage pipeline. The company’s patient-centric products span the cardiovascular, neurology, endocrinology, gastro-intestinal, institutional, and orphan markets, and have benefited millions of patients. For more information, visit www.azurity.com.
Azurity Pharmaceuticals is proud to be an inclusive workplace and an Equal Opportunity Employer. Azurity's success is attributable to our incredibly talented, dedicated team that focuses on benefiting the lives of patients by bringing the best science and commitment to quality into everything that we do. We seek highly motivated individuals with the dedication, integrity, and creative spirit needed to thrive in our organization.
The Full-time VP of Franchise Portfolio Management, as a leader within Azurity’s Strategic Portfolio Management function, plans, builds and manages a balanced product portfolio through the entire lifecycle (“cradle to grave”) to meet assigned category targets within Azurity’s 5-yr financial model. They ideate, select and oversee development of a portfolio of assets within the category that fit Azurity criteria, match patient needs and market opportunity with internal technical capabilities to develop products. They also inform BD efforts to supplement what can be developed internally. They employ a wide range of techniques to determine customer needs and analyze multiple data sources to determine strategy for the category. They own the PLM process from the point of ideation through to the end of life of the product, leading cross-functional teams to drive the process for development and launch, subsequent product enhancements or line-extensions and, eventually, the decision to cease commercial efforts.
Key Responsibilities
- Maintain a comprehensive subject matter expertise for the category through primary and secondary research, ad boards, market scanning, competitive intelligence and customer input.
- Ideate and select products to construct a funnel of candidates for development, each with a compelling and distinct TPP, subsequently driving progress through development, registration and launch.
- Continue to drive product enhancements and line-extensions beyond launch and plan effectively for replacement and withdrawal of commercial support at end of life.
- Own and drive PLM process stage-gates 1-9 at scale and speed (“cradle to grave”), convening and leading A3 Cross-functional teams. Ensure stage-gate criteria are met at every stage. “Push” each function to deliver effectively and to budget at each stage from development, through launch, growth and maturity. Recommend discontinuations as appropriate.
- Develop and maintain a balanced strategic plan for the category (stage, dose-form, technology etc.), managing replacement of mature assets and growing category revenues over the long-term
- Challenge business development to provide assets that supplement the internally developed portfolio
- Develop external partnerships to access new technologies and otherwise enhance portfolio development
Experience And Skills
- Entrepreneurial mindset and drive
- Cross-functional leadership and ability to drive action through others
- Business acumen
- Category therapeutic knowledge
- Familiarity with pharmaceutical drug development, commercial processes and product lifecycles. Understanding of regulatory processes and IP evaluation
- Strong criteria-based decision-making and execution capabilities.
- Product selection expertise, creation of TPPs and life-cycle management
- Curiosity/industry network
- Financial modeling, forecasting and P&L construction
- Ability to take a systematic approach, driving forward a large number of projects simultaneously through stage-gate go/no-go decisions
- Bachelor’s degree
- Pharmaceuticals experience.
Critical Leadership Capabilities
- Ownership of the category success. Will to drive progress.
- Sense of urgency and ability to instil that in others; leading, maintaining buy-in and alignment of multiple functions at every stage
- Disciplined decision-making and a comfort in making trade-off decisions within limited resources. Success involves championing selected projects but also the ability to recommend termination of projects that may still be favored by others.
- Ability to “speak the language” of both developmental scientists and commercial leaders, connecting what is possible technically with what is viable in the market
Physical & Mental Requirements:
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Must be able to sit for long periods of time
- While performing the duties of this job, the employee is frequently required to stand; walk; sit; talk and/or hear
- May occasionally climb stairs and/or ride elevators
- The employee must occasionally lift and/or move up to 25 pounds
- Employee must be able to manipulate keyboard, operate a telephone and hand-held devices
- Other miscellaneous job duties as required
Benefits We Offer: - Unlock Your Earning Potential: Join our team and be rewarded with a competitive compensation package, including an annual bonus based on company performance, that recognizes your exceptional talent.
- Sales - In lieu of annual bonuses, we offer an Incentive compensation program that allows you to earn more - even over plan.
- Fuel Your Success: *Sales Only* - We understand the value of your hard work and provide a car reimbursement program and gas card for both business and personal use as part of our commitment to supporting you.
- Comprehensive Health Coverage: We value your well-being and offer excellent medical, dental, vision, and prescription coverage to ensure you and your family are always taken care of.
- Flexibility for Your Lifestyle: Achieve work-life balance with our hybrid work model, allowing you to work two days from home and three days in the office. *Excludes Sales, Manufacturing, and some Operations positions*
- Start Your Week on a High Note: Indulge in our “Bagel Tuesday” perk, where you can enjoy a fresh bagel on us every Tuesday morning. **Only for On-site/Hybrid colleagues**
- Invest in Your Future: Our Retirement Savings Plan (401K) is designed to help you secure a comfortable retirement by matching dollar for dollar up to 5%.
- Time Off That Counts: Take advantage of our generous PTO policy, which offers 20 days annually + rollover (up to 40 hours).
- Meaningful Time with Your Loved Ones: We close between Christmas and New Year’s to give you an extra week off to spend quality time with your family and recharge.
- Enjoy the Holidays: Over the course of the year, Azurity recognizes 13 holidays.
- Summer Vibes: Embrace the summer season with our Summer-Hours perk, available between Memorial Day and Labor Day. **Excludes Sales Colleagues**
- Invest in Your Education: We support your professional growth with tuition reimbursement for undergraduate and graduate level courses or certifications.
- Recognize and Be Recognized: Our Azurity High Five peer recognition platform allows you to celebrate your colleagues' accomplishments and receive recognition for your own outstanding work.
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