Product Manager- Biotechnology
1 day ago
Waltham
Job Description Nova Biomedical: One Global Brand. One Vision. Together under one name. Advanced Instruments and Nova Biomedical are now united under one brand, Nova Biomedical, marking a major milestone in our journey to deliver greater value to our customers. By combining our strengths, we're accelerating innovation, supporting critical workflows, and delivering world-class service across the biopharmaceutical and clinical markets. About the company At Nova Biomedical, we’re not just building instruments, we’re powering breakthroughs that improve lives. Our smart, science-driven solutions are trusted in over 100 countries to speed drug development and enhance patient care. Our integration brings together more than 70 years of scientific excellence with Nova’s cutting-edge innovation, forming a powerhouse of precision, purpose, and possibility. With FDA-registered, ISO-certified manufacturing, more than 125 FDA approvals, and industry-trusted diagnostics, we’re setting new standards in quality and reliability. Nova Biomedical is proud to be a global leader in osmolality testing and biotechnology and in vitro diagnostic (IVD) instrumentation, dedicated to advancing patient care and scientific discovery with a legacy that continues to shape the future of life sciences. With headquarters in Norwood and Waltham, Massachusetts, and a global team of nearly 2,000 employees, we’re building a collaborative, empowered culture grounded in shared values: Customer Centricity, Ingenuity, Ownership & Accountability, Collaboration, and Integrity. Working at Nova Biomedical means joining a mission-driven organization where your contributions matter. Whether you're in engineering, science, manufacturing, or support, you’ll be part of a team that values innovation, invests in your growth, and is committed to making a real-world impact on global health. Explore what’s next with us at novabiomedical.com About the role As the Product Manager, BioProfile Portfolio, you will be a key member of the Global Bioprocessing Business Team. You will be part of a dynamic and innovative environment, leading cross-functional teams to drive new customer acquisition and develop/launch products and commercial strategies aligned with the company’s vision and strategy. You will be responsible for all business aspects of the Nova Biomedical BioProfile portfolio of products and services, including meeting top line growth and profitability targets. We are looking for a highly commercial person, passionate about delivering best-in-class products and solutions to the biopharma industry. You will work extremely close with R&D, Production, Service, Sales, and Marketing. The role requires extensive customer collaboration and workflow understanding to ensure the delivery of a customer centric, highly successful product line and future roadmap. In addition to having a strong understanding of cell culture and upstream biopharma workflows and market dynamics, you will have a deep understanding of customer workflow pain points. You will also be responsible for articulating the customer need, product line vision and roadmap to drive a compelling value proposition for short and long-term revenue growth. If you’re passionate about product management and want to be part of a team that is shaping the future of life sciences, we’d love to hear from you, apply today! What you’ll do • PRODUCT LIFE CYCLE MANAGEMENT: Accountable for Supporting the Commercial Sales Targets Sales, • Work with regional leaders to produce global product line projections & budget (units, revenue, product mix, ASP, GM)., • Identify 12-month revenue drivers & market focus., • Execute tactical and commercial initiatives to drive product line growth and profitability with sales & marketing., • Develop new product training, competitive positioning, and ongoing support of the direct and indirect sales organizations (questions of the discovery phase, features into benefits, answer to objections, etc.), • Support commercial organization to deliver revenue commitments by;, • Conducting product demonstrations., • Ensuring close communication with our salespeople and our customers to understand the needs for new product introductions and product improvements, as well as the key strengths and weaknesses of our competitors and the emergence of new competitors., • Providing responsive support to Sales organization regarding product information requests., • Build a network of centers of excellence to advocate for our technology. Marketing, • Support the development & execution of the marketing plan in collaboration with the marketing team., • Work with relevant colleagues to develop product promotions and campaigns and track effectiveness., • Develop and produce relevant sales and support materials for all products using colleague support where available. Product Support, • Assist with the resolution of product issues and queries where applicable via the relevant teams, process improvement and documentation. MARKET ANALYSIS: Accountable for Gathering Marketing (Customer & Competitor) Intelligence, • Conduct relevant market research to identify key opportunities for product development and business development to drive compelling value proposition, and deliver best-in-class product value by;, • Using proven research methodologies to conduct in-depth VOC, • Attending relevant conferences. · product/portfolio gaps, · customer needs, · market dynamics, · market sizing, and · industry data. • Gather customer and sales feedback on a regular basis via reports, regular meetings and any other relevant means and report back regularly to internal teams., • Carry out regular competition research and analysis. Understand and communicate competitive landscape, responding to competitive opportunities and threats and report findings internally. PRODUCT DEVELOPMENT & LAUNCH: Responsible for Supporting & Driving the Development of Product Improvements, New Products, and Product Launch Development, • Develop the business case for new products, features, and applications with evidence relating to demand, market viability and technical viability., • Translate product strategy into detailed customer requirements for quick time-to-market development and prioritize product line roadmap., • Write product requirements based on customer/market input., • Support R&D/development with the requirements by answering any questions & prioritizing features., • Support R&D in the design of new generation products (new product introduction) and improvement of our existing products., • Work closely with the project management team for high level project management, ensuring milestones are agreed, captured, and met. Launch, • Develop and drive product launch and go-to marketing strategy with support from cross functional internal teams, including R&D, marketing, sales, engineering, operations, supply chain, finance, and executive staff members., • Develop clear market focused value propositions and product positioning for new products, features, applications, and target markets., • Work with the relevant teams (Operations, Finance) to define product pricing (price lists, pricing tactics, margins, competitor pricing)., • Working with appropriate departments, develop all relevant product collateral and content (user guides, instructions for use, marketing materials etc.) to support the product portfolio. PORTFOLIO DEVELOPMENT: Accountable for Providing Product Strategy Direction (5-year horizon), • Develop and define 5-year product/portfolio roadmap strategy with input from the market intelligence and functional partners to guide R&D product development., • Own, have oversight and communicate short, medium, and long-term product/portfolio roadmaps in collaboration with R&D in conjunction with customer requirements and internal technical feedback., • Build a market model for portfolio and future revenue streams. KPIs, • Product line revenue and profitability., • Execution of growth initiatives., • Delivery of successful product launch strategy. Attributes The successful candidate will be passionate about product management and embody our core company values: customer centricity, ingenuity, ownership and accountability, collaboration, and integrity. Attributes required:, • Strong decision-making capabilities, highly responsive and high attention to detail in all areas of work., • Customer focus, a collaborative style, innovative thought process, and goal orientation with a personal sense of urgency., • Ability to synthesize ambiguous and abstract information into content for presentations that will be used at the Senior Management and Board level., • Strong presence and negotiation skills., • Capability to influence and promote enthusiasm through excellent communications skills., • Dynamic, highly self-motivated, highly creative, and able to work independently with a proactive approach to take on challenging assignments., • Comprehensive market and product research abilities., • Active listening, impeccable communication, leadership skills and strong scientific and commercial acumen., • Biotechnology development background is required. Advanced degree preferred., • Over 5 years of proven product management experience, with a strong emphasis on biopharmaceutical markets and technologies, • Minimum of 5 years’ hands-on experience in Cell Culture or Fermentation Process Development, either in laboratory research or manufacturing environments, • Proven background in biotechnology development, • In-depth knowledge of nutrient, metabolite, gas analysis, and cell counting systems used in biotechnology applications, • Strong familiarity with pharmaceutical industry standards, including Quality Control (QC), Quality Assurance (QA), Good Manufacturing Practices (GMP), and FDA validation protocols, • Proficient in statistical data analysis and interpretation, • Must be willing and able to travel domestically and internationally as required, • Outstanding interpersonal skills/leadership skills. Able to lead and influence others – technically and commercially focused both - tenacious and driven to succeed., • Strong technical and business credibility with the organization and customers. Ability to present high-level information to multiple audiences, including scientists, executives, and non-scientists., • Excellent presentation, communication and influencing skills., • Familiarity with regulatory drivers facing biopharma laboratories., • Experienced presenting business opportunities and ROI to senior leadership and investment committees., • Proven business and financial planning necessary., • Track record in successful product launch; and long-term revenue growth., • Travel to customers, sales training, exhibitions, and seminars depending on business needs. Physical Requirements for this role include: • General office exertions, • Ability to travel as needed by car/ plane, • Flexible Medical, Dental, & Vision Coverage, • Competitive 401k company match, • Bonus Program, Generous PTO and paid holidays, • Generous Tuition reimbursement, • Hybrid and flexible work arrangements (Job specific), • Professional development, engagement and events, • Company marketplace for lunch and snacks! (Location specific) Schedule/Hours: Monday to Friday, General business hours Targeted Salary Range: $145k -$165k Nova Biomedical believes in transparency and integrity throughout all we do, including compensation. The salary range provided for this role represents the expected base salary or hourly rate for this opening. Actual compensation will be commensurate with the candidate’s experience and may vary based on individual factors such as location, skills, and education. EEO Statement: Nova Biomedical takes pride in being an equal opportunity employer committed to hiring a diverse and inclusive workforce. As a part of our commitment to a diverse and inclusive workforce, Nova Biomedical will continue to take steps to assure that recruitment, hiring, assignment, promotion, compensation, and all other personnel decisions are made and administered without regard to race, religion, color, national origin, citizenship, sex, sexual orientation, gender identity, gender expression, veteran status, age, mental or physical disability, genetic information or any other protected class. Privacy policy