Executive Director, New Product Planning
Travere TherapeuticsAbout the role
Department:
104275 Global Product StrategyLocation:
San DiegoBe a part of a global team that is inspired to make a difference in the lives of people living with rare disease.
At Travere Therapeutics, we recognize that our exceptional employees are vital to our success. We are a dedicated team focused on meeting the unique needs of rare patients. Our work is rewarding – both professionally and personally – because we are making a difference. We are passionate about what we do.
We are seeking talented individuals who will thrive in our collaborative, diverse, fast-paced environment and share in our mission – to identify, develop and deliver life-changing therapies to people living with rare disease. We stick by our values centered on patients, courage, community, and collaboration to pursue our vision of becoming a leading biopharmaceutical company dedicated to the delivery of innovation and hope to patients in the global rare disease community.
At Travere Therapeutics, we are in rare for life. We continue to courageously forge new paths as we move toward a common goal of elevating science and service for rare patients.
Position Summary:
To achieve Travere’s enterprise goal of establishing a pipeline of groundbreaking medicines for patients affected by rare diseases, we are opening a new position of Executive Director for New Product Planning. This ED for NPP will report to the Chief Commercial Officer and is responsible for the strategic process of identifying, evaluating and developing new molecular entities (NMEs) within Travere and preparing the organization and the market for commercial access to patients of these NMEs. The role will focus on addressing high unmet medical needs in rare diseases by researching the commercial potential of drug candidates, evaluating their market viability, and creating a commercialization roadmap towards product launches consistent with Travere’s business objectives and projections.
Responsibilities:
- Works closely together with business development, medical, translational science, regulatory and CMC teams in bringing the commercial voice to decisions through market analysis and engagement with external stakeholders
- Analyzes current treatment options within prioritized rare nephrology and metabolic disease indications to identify areas where significant patient improvements are possible
- Conduct primary and secondary research to assess the commercial attractiveness of external innovation including US and international market sizing assessments, competitive landscape, target product profile development, and revenue forecast projections
- Participates as a key member of the Business Development Diligence team by providing commercial input and insight in the assessment of target assets including market assessment, strategic fit, and resourcing needs
- Drive cross-functional efforts to strategically shape Travere’s products to meet the needs of patients in finding the best path forward to commercialize our portfolio
- Guide program strategy and decision-making at all stages from search & evaluation and clinical development to ultimately launch; lead value creation through the commercialization roadmap
- Support portfolio strategy to enable prioritization and resource allocation
- Lead commercialization process and roadmap development through establishing market opportunity assessment, required target product profile (TPP), competitive tracking and creating the investment thesis for development projects
- Closely collaborate with Corporate Strategy, Program Management and Finance teams to support detailed planning and budgeting
Education/Experience Requirements:
- Master’s Degree in Business or Life Sciences discipline. Advanced degree preferred. An equivalent combination of education and applicable experience may be considered
- Minimally 15 years of experience resulting in a strong understanding of required commercial assessments for business development decisions and leading commercialization processes
Additional Skills/Experience:
- The ideal candidate will embody Travere’s core values: Courage, Community, Patient Focus and Teamwork
- Hands-on mentality with a track record of successful launch planning
- Commercial experience in both US and internationally
- Leadership experience in managing matrix organizations as well as leading direct reports
- Able to digest complex biological concepts for commercial diligence and distill these for credible and clear recommendations to senior stakeholders
- Interpret clinical data and communicate key insights relevant to our internal programs
- Strong scientific acumen and understanding of clinical medicine, preferably nephr
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