Sr Director Marketing - New Product Planning & Legacy Portfolio Date: Sep 10, 2024 Location: Parsippany, United States, New Jersey, 07054 Company: Teva Pharmaceuticals Job Id: 58083 Who we are Together, we’re on a mission to make good health more affordable and accessible, to help millions around the world enjoy healthier lives. It’s a mission that bonds our people across nearly 60 countries and a rich, diverse variety of nationalities and backgrounds. Working here means working with the world’s leading manufacturer of generic medicines, and the proud producer of many of the products on the World Health Organization’s Essential Medicines List. Today, at least 200 million people around the world take one of our medicines every single day. An amazing number, but we’re always looking for new ways to continue making a difference, and new people to make a difference with. The opportunity The Senior Director, Marketing – New Product Planning and Legacy Portfolio will be a critical leadership role within US Innovative Medicines (IM) Marketing team. The role is responsible for leading marketing’s collaboration with business development and incubating pre-commercialization planning activities for new products, including financial forecasting. The role is also responsible for life cycle management and driving P&L performance of the legacy brands portfolio. How you’ll spend your day Act as a key liaison with Global Portfolio and Business Development (BD) teams to evaluate and validate market-related assumptions, including market share, market size, gross-to-net percentage, marketing and promotional efforts, sales force costs, and contract terms. Review and analyze financial evaluations of potential initiatives, including Net Present Value (NPV), Return on Investment (ROI), and pay-back period. Drive pre-commercialization activities and create preliminary brand plans for assets in the R&D and/or BD pipeline. Gather and coordinate input from other teams (e.g., Market Access, Patient Services, Medical Affairs) necessary to inform pipeline and business development decisions. Assist in the financial modeling and development of ROI and marketing strategies for upcoming product launches, including pre-launch planning. Drives overall performance, the P&L, and lifecycle management for a portfolio of legacy brands, including working closely with Marketing, Sales, Market Access, Patient Services, and Operations & Analytics teams to develop key programs and initiatives. Support the divestment, bundling, or discontinuation of legacy brands by providing financial justifications and working closely with global Business Development and Alliance Management teams to ensure accelerated execution. Collaborate with procurement and brand teams to identify and leverage synergies for cost efficiencies. Identify and collaborate with cross-functional teams to achieve key above brand initiatives and goals. Monitor the latest marketing trends in the broader biotech/pharma industry and ensure marketing processes are aligned with industry best practices. Employ knowledge of compliance, regulatory, and legal policies for reimbursement, product coverage across channels and payers, and HCP engagements. Develop and implement an investment decision-making framework to optimize spending and cost-effectiveness. Responsible for hiring, developing, leading, and coaching team members within organization. Create and maintain a culture of high-performance with integrity and compliance. Your experience and qualifications Education/Certification/Experience: Bachelor’s degree required; MBA or other advanced degree preferred A minimum of 15 years of Biotech / Pharma or relevant brand management experience required Brand management experience on more than one brand and in more than one major therapeutic area (e.g. Psychiatry, Mental Health Disorders) Experience managing across all phases of the product lifecycle Breadth of experience across multiple Commercial functions (e.g. – Sales, Marketing, Operations & Analytics, Patient Services, Market Access) Previous people management experience Skills/Knowledge/Abilities: Compliantly drives performance and delivers on commitments. Enterprise mindset focused on overall commercial success, not just individual success. Collaborative and agile philosophy focused on problem solving and innovation within and outside USIM organization. Leads in an ethical, responsible, and transparent way. Fosters communication and alignment with key stakeholders. Operates with a sense of urgency and is accountable to people and business. Supports a caring and high-performing culture. Strategic vision to design and implement marketing campaigns for brand. Budget management and allocation. Ability to work with other functions and achieve greater than the sum-of-the-parts outcomes through strong teaming. Possesses strong leadership, business acumen, and the ability to manage multiple priorities, processes, timelines, and expectations across stakeholder groups. Demonstrated ability to process complex information and summarize it in writing and / or verbally; employs active listening skills. Ability to lead, manage, and motivate cross-functional teams, without direct supervisory authority. Travel Requirements Approximately 35% travel throughout the US, which may include weekend and overnight and periodic international travel. Enjoy a more rewarding choice We offer a competitive benefits package, including Medical, Dental, Vision, and Prescription coverage starting on the first day. We also offer Disability and Life Insurance, Paid Time Off, 13 paid Holidays, 6% match on the 401(k), Employee Stock Purchase Plan, and Tuition Assistance. Already Working TEVA? If you are a current Teva employee, please apply using the internal career site available on "Employee Central". By doing so, your application will be treated with priority. You will also be able to see opportunities that are open exclusively to Teva employees. Use the following link to search and apply:Internal Career Site (https://performancemanager.successfactors.eu/sf/careers/jobsearch?bplte_company1080030P) The internal career site is available from your home network as well. If you have trouble accessing your EC account, please contact your local HR/IT partner. Teva’s Equal Employment Opportunity Commitment Teva Pharmaceuticals is committed to equal opportunity in employment. It is Teva's global policy that equal employment opportunity be provided without regard to age, race, creed, color, religion, sex, disability, pregnancy, medical condition, sexual orientation, gender identity or expression, ancestry, veteran status, national or ethnic origin or any other legally recognized status entitled to protection under applicable laws. We are committed to a diverse and inclusive workplace for all. If you are contacted for a job opportunity, please advise us of any accommodations needed to support you throughout the recruitment and selection process. All accommodation information provided will be treated as confidential and used only for the purpose of providing an accessible candidate experience. Important notice to Employment Agencies - Please Read Carefully Teva Pharmaceuticals USA does not accept unsolicited assistance from agencies for employment opportunities. All CVs / resumes submitted by search firms to any employee at our company without a valid written search agreement in place for this position will be deemed the sole property of our company. No fee will be paid in the event a candidate is hired by our company as a result of an agency referral where no pre-existing agreement is in place. Where agency agreements are in place, introductions are position specific. Please, no phone calls or emails. EOE including disability/veteran
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Sr Director Marketing - New Product Planning & Legacy Portfolio