Director of Product Development

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)