Director of Product Development
Duties & Responsibilities:
- Lead and manage the Research and Development department, providing strategic direction, guidance, and support to a team of scientists, researchers, and technicians.
- Develop and implement the company's R&D strategy to drive innovation and support the achievement of business goals and objectives.
- Oversee the entire product development lifecycle, from ideation and feasibility studies to formulation, pre-clinical trials, and scale-up for commercial production.
- Foster a culture of innovation and collaboration within the R&D team, encouraging the generation of novel ideas and creative problem-solving.
- Collaborate with cross-functional teams, including Marketing, Regulatory Affairs, and Manufacturing, to ensure seamless coordination and execution of projects.
- Review and approve research proposals, experimental protocols, and project plans to ensure alignment with corporate objectives and scientific rigor.
- Stay updated with the latest advancements in pharmaceutical research, technologies, and industry trends to drive continuous improvement and stay competitive in the market.
- Manage R&D budgets and resources effectively, optimizing allocation to support projects and timelines.
- Establish and maintain strong relationships with external partners, academic institutions, and research organizations to foster collaborations and leverage external expertise.
- Ensure compliance with regulatory guidelines, industry standards, and quality requirements throughout the R&D process.
- Provide regular updates and reports to senior management and stakeholders on the progress of R&D projects and initiatives.
- Mentor and develop R&D team members, promoting their professional growth and fostering a culture of learning and development.
Qualifications:
- Ph.D. in Pharmaceutical Sciences, Chemistry, Biochemistry, or a related field. MBA or relevant business management degree is a plus.
- Proven track record of at least 8-10 years of experience in pharmaceutical Research and Development, with increasing levels of responsibility and leadership.
- Demonstrated success in bringing pharmaceutical products from concept to commercialization.
- Strong knowledge of drug development processes, including pre-clinical studies, clinical trials, and regulatory requirements.
- Excellent leadership and people management skills, with a track record of building and motivating high-performing teams.
- Strategic thinker with the ability to translate vision into actionable plans and results.
- Outstanding communication and interpersonal skills, with the ability to collaborate effectively with diverse stakeholders.
- Strong business acumen and the ability to make data-driven decisions.
- Experience working in a regulated environment (e.g., FDA, cGMP) is essential.
- Demonstrated ability to drive innovation and foster a culture of continuous improvement.
- Flexibility to adapt to changing priorities and work in a dynamic and fast-paced environment.
Salary: $110 - 175k (USD)
