About the position
This position is pivotal in overseeing the new product launch and forecasting process for Teva's extensive generic Rx portfolio in the U.S. market. Executing on new product launches is an important cornerstone of our Pivot to Growth philosophy and thus is critical to the success of our business. As such, this role is highly focused on carrying out the activities needed to successfully launch generic products in a highly competitive environment. All areas of responsibility listed below are essential to the satisfactory performance of this position by any incumbents with reasonable accommodation if necessary. Any non-essential functions are assumed to be included in other related duties or assignments. The role involves performing duties necessary to implement new product launch strategy including, but not limited to: generating commercial forecasts for new product launches (NPLs) and relaunch products, assigning risk factors based on competition, operational readiness, and launch timing, and assisting with determining target customer strategy. Additionally, the position requires monitoring and adjusting post-launch activities to achieve targets and objectives, as well as assisting with the preparation and execution of new products Annual Operating Plan (AOP), Long Range Planning (LRP), and providing support/justification for “Go/No Go” product decisions. The successful candidate will execute assigned new product launches with Sales, Customers, and all internal functions necessary to make launches successful. This includes creating, reviewing, validating, and updating forecast models, monitoring and maintaining plans for upcoming launches within the next 2-3 year horizon, and developing various forecast scenarios to support cross-functional business decisions. The role also requires partnering with internal teams to align on supply plans to support launch strategy and opportunities, preparing and delivering presentations to various levels of the company to support launch preparation and execution, and providing monthly demand planning forecasting for pipeline products within the 2-year launch window. Efficient use of external research tools such as IQVIA, Analysource, IPD, FDA websites, competitor product websites, and internal data sources like Planisware PLM and Trajectory is essential when developing forecast and launch strategy. The candidate must prioritize and manage timelines and resources for multiple projects simultaneously while ensuring compliance with regulatory guidelines, DEA guidelines, and company SOPs.
Responsibilities
- Generate commercial forecast for new product launches (NPLs) and relaunch products.
- Assign risk factors based on competition, operational readiness, and launch timing.
- Assist with determining target customer strategy.
- Monitor and adjust post-launch activities to achieve targets and objectives.
- Assist with the preparation and execution of new products Annual Operating Plan (AOP) and Long Range Planning (LRP).
- Provide support/justification for 'Go/No Go' product decisions.
- Execute assigned new product launches with Sales, Customers, and all internal functions necessary to make launches successful.
- Create, review, validate, and update forecast models.
- Monitor and maintain plans for upcoming launches within the next 2-3 year horizon.
- Develop various forecast scenarios to support cross-functional business decisions.
- Partner with internal teams to align on supply plans to support launch strategy and opportunities.
- Prepare and deliver presentations to various levels of the company to support launch preparation and execution.
- Provide monthly demand planning forecasting for pipeline products within the 2-year launch window.
- Efficiently use external research tools and internal data sources when developing forecast and launch strategy.
- Prioritize and manage timelines and resources for multiple projects simultaneously.
- Ensure compliance with regulatory guidelines, DEA guidelines, and company SOPs.
Requirements
- Bachelor's degree required.
- 5+ years pharmaceutical product management and/or forecasting experience.
- 5+ years of pharmaceutical marketing interface or responsibilities.
- 5+ years of generic pharmaceutical experience.
- Proficient in MS Office.
- Experience with IQVIA SMART, Trajectory Forecasting Tool, and IPD Analytics.
Benefits
- Medical, Dental, Vision, and Prescription coverage starting on the first day.
- Disability and Life Insurance.
- Paid Time Off.
- 6% match on the 401(k).
- Employee Stock Purchase Plan.
- Tuition Assistance.
