The pharmaceutical industry is evolving at an unprecedented pace, driven by scientific innovation, changing healthcare needs, and increasing demand for specialized therapies. Behind every successful pharmaceutical product lies a strong strategy, extensive market research, and meticulous planning. This is where New Product Development (NPD) plays a vital role.
If you are passionate about combining pharmaceutical knowledge with business strategy, here’s an excellent opportunity to launch your corporate career. Eris Lifesciences (Eris Therapeutics) is currently inviting applications for the position of New Product Development Executive at its Mumbai office.
This opportunity is ideal for PharmD graduates and MBA professionals looking to build a career in pharmaceutical strategy, portfolio management, and market research.
๐ข About Eris Lifesciences
Eris Lifesciences is one of India’s leading pharmaceutical companies with a strong presence in chronic and lifestyle disease segments. The company has built a reputation for delivering high-quality healthcare solutions across therapeutic areas such as:
- Cardiology
- Diabetology
- Neurology
- Dermatology
- Gastroenterology
Over the years, Eris has expanded its product portfolio through innovation, strategic acquisitions, and customer-focused healthcare solutions. The company’s New Product Development team plays a crucial role in identifying future growth opportunities and strengthening its market presence.
Working with Eris offers professionals the chance to contribute directly to business growth while gaining exposure to high-level strategic decision-making in the pharmaceutical industry.
๐ผ Job Details
| Particulars | Details |
|---|---|
| Position | New Product Development Executive |
| Company | Eris Lifesciences (Eris Therapeutics) |
| Location | Mumbai, Maharashtra |
| Department | New Product Development (NPD) |
| Experience | Up to 1 Year |
| Qualification | PharmD or MBA |
| Employment Type | Full-Time |
๐ฏ Key Responsibilities
As a New Product Development Executive, you will be involved in various strategic and analytical functions that support product portfolio expansion and business growth.
๐ Conduct Market Research
You will analyze pharmaceutical market trends, therapy segments, competitor activities, and emerging healthcare opportunities.
Key activities include:
- Monitoring new product launches
- Identifying high-growth therapeutic areas
- Assessing unmet patient needs
- Evaluating market potential
๐งช Product Evaluation and Feasibility Assessment
The NPD team is responsible for identifying molecules and products with strong commercial potential.
Your role may involve:
- Evaluating new drug opportunities
- Reviewing scientific literature
- Studying market demand
- Assessing manufacturing feasibility
- Understanding regulatory pathways
๐ Portfolio Management Support
You will assist in developing future product portfolios by:
- Preparing business cases
- Conducting product gap analysis
- Evaluating market attractiveness
- Supporting launch planning activities
This function directly contributes to long-term business growth strategies.
๐ค Cross-Functional Collaboration
Launching a pharmaceutical product requires coordination among multiple departments.
You will work closely with:
- Regulatory Affairs
- Medical Affairs
- Marketing Teams
- Supply Chain
- Intellectual Property (IPR) Teams
- Clinical Research Departments
Strong communication and teamwork skills will be essential for success.
๐ Data Analytics and Forecasting
Data-driven decision-making is at the heart of modern pharmaceutical business strategy.
You may be responsible for:
- Market forecasting
- Sales projections
- Competitive intelligence analysis
- Revenue estimation
- Product performance tracking
The ability to interpret data and convert insights into actionable recommendations will be highly valued.
๐ Eligibility Criteria
Candidates meeting the following criteria are encouraged to apply:
Educational Qualification
โ PharmD (Doctor of Pharmacy)
OR
โ MBA (Master of Business Administration)
Experience
- Freshers with relevant internships can apply.
- Candidates with up to 1 year of experience are preferred.
This makes the role an excellent entry point into pharmaceutical corporate functions.
๐ง Desired Skills
Successful candidates should possess a combination of scientific understanding and business acumen.
Analytical Thinking
Ability to analyze:
- Market reports
- Industry trends
- Sales data
- Competitive intelligence
Research Skills
Candidates should be comfortable with:
- Literature reviews
- Market research
- Product analysis
- Opportunity assessment
Communication Skills
Excellent written and verbal communication skills are essential because the role involves:
- Presentations
- Reports
- Business proposals
- Cross-functional discussions
Learning Agility
The pharmaceutical industry changes rapidly. Candidates should demonstrate:
- Curiosity
- Adaptability
- Willingness to learn
- Problem-solving mindset
๐ Why Choose a Career in New Product Development?
New Product Development is among the most strategic functions in the pharmaceutical industry.
Benefits of working in NPD include:
๐ Exposure to Business Strategy
You gain insights into:
- Product lifecycle management
- Market expansion plans
- Portfolio development
- Commercial decision-making
๐ Excellent Career Growth
Professionals in NPD often progress into roles such as:
- Product Manager
- Portfolio Manager
- Business Development Manager
- Strategic Planning Manager
- Marketing Manager
๐ Industry-Wide Demand
With increasing competition and innovation, pharmaceutical companies continuously seek professionals who can identify new business opportunities and drive portfolio growth.
๐๏ธ Why Work in Mumbai?
Mumbai is widely regarded as India’s pharmaceutical and corporate hub.
Advantages include:
- Access to leading pharmaceutical companies
- Strong professional networking opportunities
- Exposure to corporate decision-making
- Faster career progression
- Vibrant healthcare and life sciences ecosystem
For ambitious professionals, Mumbai provides unmatched exposure to the pharmaceutical industry’s strategic side.
๐ฉ How to Apply?
Interested and eligible candidates can send their updated resume directly to the HR team.
๐ง Email ID
taniya.patel@eristherapeutics.com
๐ Job Location
Mumbai, Maharashtra
๐ก Suggested Email Subject Line
To improve visibility and professionalism, use the following subject format:
Application for NPD Executive โ Mumbai โ PharmD/MBA โ Your Name
Example:
Application for NPD Executive โ Mumbai โ PharmD โ Rahul Sharma
๐ Resume Tips for Shortlisting
Before applying, ensure your resume highlights:
โ Market Research Projects
โ Pharmaceutical Business Analysis
โ Product Management Exposure
โ Clinical Research Experience
โ Strategic Planning Projects
โ Data Analytics Skills
โ Internship Experience
Including measurable achievements and project outcomes can significantly improve your chances of receiving an interview call.
๐ Final Thoughts
The New Product Development Executive position at Eris Lifesciences presents an exciting opportunity for PharmD and MBA professionals looking to transition into the strategic side of the pharmaceutical industry.
With exposure to market research, portfolio management, product evaluation, and business strategy, this role can serve as a strong foundation for a rewarding long-term career in pharmaceutical management.
If you have a passion for innovation, analytics, and healthcare commercialization, don’t miss this opportunity to join one of India’s leading pharmaceutical organizations.
๐ง Apply today by sending your resume to: taniya.patel@eristherapeutics.com
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