Executive Director, New Product Planning
Immunovant · full-time · posted 31 Oct
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$280,000 to $320,000 per year
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The actual job
Executive Director, New Product Planning
Immunovant
- Engagement
- Full-time
- Posted
- 1 day ago
What the posting asks for
- 15 years of experience
- Biotechnology experience
- Commercial strategy development
- Market development strategy
- Cross-functional leadership
Employer text
The posting, in its own words
Immunovant, Inc. is a clinical-stage biopharmaceutical company dedicated to enabling normal lives for people with autoimmune diseases. As trailblazers in FcRn inhibitor technology, the Company is boldly developing innovative therapies for a range of debilitating autoimmune diseases with significant unmet patient needs.
The Role:
The Executive Director of New Product Planning is responsible for new product opportunity assessments and the commercial strategy for lifecycle indications of IMVT-1402. Reporting to the Chief Strategy Officer, this position leads commercial strategy and market development efforts for new products and follow-on indications from ideation through handoff to the launch team for build-out approximately 24 months pre-launch. Leading their team and partnering with commercial, the Executive Director will work to identify and prioritize potential new indications and manage commercial strategy for indications in development.
Key Responsibilities:
New Product Planning
- Lead development of comprehensive commercial strategy and plan for follow-on indications in collaboration with cross-functional partners, including Target Product Profile development, situational analysis, market development strategy, data generation strategy, and initial value proposition.
- Commercial lead in cross functional project teams providing input into development decisions, ensuring alignment with market needs, competitive positioning, reimbursement considerations, and business objectives.
- Lead the development of an insight-driven commercial strategy for each brand indication by applying a strategic framework that uses key leverage points and strategic choices to begin to determine go to market approach.
- Lead commercial opportunity assessments for potential new product opportunities, follow-on indications, and provide commercial recommendations for potential investment or abandonment.
- Ensure execution of market development tactics, including KOL identification and engagement, foundational market research, and other prelaunch market shaping activities.
- Collaborate with Commercial leadership to ensure strategic cohesion and alignment in commercial approach or across indications.
- Regularly engage with and support the need for thought partnership with functional partners (clinical development, market research, market access, competitive intelligence, medical affairs, etc.).
- Communicate with the organization regarding indication strategy.
- Maintain expertise in each disease state, competitive landscape, and market dynamics, informing potential pivots in strategic and executional approaches as needed.
- Responsible for the management of the New Product Planning team and budget.
Requirements:
- BA/BS required; MBA and/or other relevant graduate degree preferred
- 15+ years of experience in a biotechnology or pharmaceutical organization. Marketing, commercial development/new product planning, data analysis and forecasting, product management, market development, new product launch, market access and pricing experience required
- Track record of enterprise and executive leadership influence - able to lead through ambiguity, align diverse stakeholders, and drive decisions across functions outside of direct reporting lines
- Exceptional communication skills; able to synthesize complex inputs into clear recommendations for executive leadership
- Demonstrated analytical and problem-solving skills, leading to the development of innovative marketing initiatives
- Analytical, creative, solution-oriented, collaborative, and decisive
Work Environment:
- Remote; Available for travel to Immunovant’s NYC office as requested
- Dynamic, interactive, fast-paced, and entrepreneurial environment
- Domestic or international travel is required (up to 20%)
Salary range for posting
$280,000 - $320,000 USD
Compensation is based on a number of factors, including market location, and may vary depending on job-related knowledge, skills, and experience. Equity and other forms of compensation may be provided as part of a total compensation package, in addition to a full range of medical, dental, vision, 401k, and other benefits, including unlimited paid time off and parental leave.