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Vice President, Commercial Strategy and New Product Planning

Septerna is a biotechnology company focused on developing innovative medicines. They seek a Vice President of Commercial Strategy to lead product planning and strategy for their R&D pipeline.

Skills

  • Pharmaceutical product development
  • Commercial strategy analysis
  • Market research expertise
  • Stakeholder relationship management

Responsibilities

  • Develop and execute global commercial product strategies
  • Lead market research and commercial strategy initiatives
  • Establish relationships with key opinion leaders
  • Conduct competitive landscape analysis
  • Support R&D with opportunity assessments

Education

  • Bachelor's degree in related field
  • Advanced degree preferred (PhD, MD, MBA)

Benefits

  • Stock options
  • Annual target bonus
  • Comprehensive benefits package
To read the complete job description, please click on the ‘Apply’ button
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Average salary estimate

$320000 / YEARLY (est.)
min
max
$300000K
$340000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Vice President, Commercial Strategy and New Product Planning, Septerna

If you're passionate about shaping the future of healthcare and have a knack for commercial strategy, Septerna is looking for you! As the Vice President of Commercial Strategy and New Product Planning, you will be at the forefront of our mission to revolutionize therapies for unmet medical needs. Located in South San Francisco, this role is perfect for someone who thrives in a collaborative, fast-paced environment and has a deep understanding of pharmaceutical product development. You will work alongside talented scientists and business professionals, crafting global commercial product strategies that align with our innovative pipeline. You'll be responsible for conducting market research, developing product forecasts, and leading strategic marketing initiatives to position our drug candidates for success. Your insights will help guide product development while ensuring that the patient perspective remains a key focus in our strategies. We're looking for someone with extensive experience in the biotech or pharmaceutical sectors, especially with rare diseases and endocrinology indications. So, if you're ready to take your career to the next level and help us discover new therapeutics that make a difference, Septerna is the place for you. Join us, and let's innovate together!

Frequently Asked Questions (FAQs) for Vice President, Commercial Strategy and New Product Planning Role at Septerna
What qualifications are needed for the Vice President, Commercial Strategy and New Product Planning at Septerna?

To qualify for the Vice President, Commercial Strategy and New Product Planning role at Septerna, candidates must possess a Bachelor’s degree in a science-related field, while a PhD, MD, MBA, or other advanced degrees are preferred. Additionally, at least 15 years of relevant experience in biotechnology or pharmaceuticals, with a minimum of 12 years in Marketing, Commercial Strategy, or New Product Planning, is essential.

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What are the primary responsibilities of the Vice President, Commercial Strategy and New Product Planning at Septerna?

The Vice President, Commercial Strategy and New Product Planning at Septerna is responsible for developing global commercial product strategies for the R&D pipeline, leading commercial initiatives such as market research, and establishing strong relationships with key opinion leaders. This role also involves life-cycle management strategies, competitive landscape assessments, and advising on patient engagement activities.

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What is the expected salary range for the Vice President, Commercial Strategy and New Product Planning position at Septerna?

For the Vice President, Commercial Strategy and New Product Planning position at Septerna in South San Francisco, the anticipated salary range is $300,000 to $340,000. However, individual pay can vary based on experience, education, and job-related skills, in addition to a comprehensive benefits package.

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How does the Vice President at Septerna work with cross-functional teams?

In the role of Vice President, Commercial Strategy and New Product Planning at Septerna, you will collaborate closely with various product development teams and R&D functions. This requires a strong ability to inspire and motivate diverse teams, translating scientific insights into strategic commercial goals across a matrix organization.

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What type of work environment can one expect as the Vice President at Septerna?

As a Vice President at Septerna, you can expect a highly collaborative, dynamic, and innovative work environment. We value diversity in thought and background, and promote an open atmosphere where employees can learn from each other and thrive as part of our mission to develop impactful therapeutics.

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Common Interview Questions for Vice President, Commercial Strategy and New Product Planning
Can you explain your experience with product development in biotech?

When answering this question, focus on specific projects where you played a pivotal role in product development. Highlight your understanding of both early and late-stage processes, and elucidate how your strategic input influenced outcomes. Use examples that showcase your collaboration with R&D and marketing teams.

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How do you approach market research for new pharmaceutical products?

Discuss your methodologies for conducting primary and secondary market research. Explain how you identify key trends, assess competitive landscapes, and incorporate these insights into strategic decision-making. Mention any tools or frameworks you prefer using to analyze market data effectively.

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What strategies do you implement for lifecycle management of products?

In your response, describe specific lifecycle management strategies you've applied in previous roles. Discuss factors like market positioning, competitive analysis, and anticipating market evolution. Provide examples that demonstrate your ability to adjust strategies based on real-time feedback and data.

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Can you provide an example of how you've successfully influenced a cross-functional team?

Share a specific instance where you had to navigate a complex matrix organization. Discuss how you engaged with diverse stakeholders, resolved conflicts, and united the team around common objectives to ensure alignment with the commercial strategy.

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What experience do you have with patient advocacy in product development?

Emphasize your commitment to incorporating patient perspectives into product development. Share how you've partnered with advocacy organizations in the past, detailing specific initiatives where patient insights led to better product alignment with community needs.

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Describe your approach to developing product forecasts.

When discussing product forecasts, outline your process for assembling baseline assumptions, accounting for emerging market scenarios, and identifying risks. Use data-driven strategies to showcase how you've effectively estimated product potential in past roles.

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What do you see as the key factors in creating a successful commercial strategy?

Provide a comprehensive overview of the factors you consider essential in creating a successful commercial strategy, such as market analysis, competitive landscape understanding, stakeholder engagement, and ensuring alignment with overall business goals.

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How do you keep updated with the latest trends in biotech and pharmaceuticals?

Discuss your methods for staying informed, such as attending industry conferences, subscribing to relevant journals, joining professional networks, or participating in online communities. Mention how ongoing education and industry engagement help you bring fresh insights to your role.

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What is your leadership style when managing diverse teams?

Describe your leadership style, focusing on your ability to inspire and empower team members from various backgrounds. Highlight collaboration techniques, communication strategies, and how you encourage open dialogue to enhance team performance.

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Why are you interested in the Vice President role at Septerna?

Tailor your response to reflect your enthusiasm for Septerna's mission and innovative approach to drug discovery. Discuss how your values align with their goals, particularly regarding collaboration, diversity, and commitment to patient-centered solutions.

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Inclusive & Diverse
Empathetic
Collaboration over Competition
Growth & Learning
Transparent & Candid
Medical Insurance
Dental Insurance
Mental Health Resources
Life insurance
Disability Insurance
Child Care stipend
Employee Resource Groups
Learning & Development
MATCH
VIEW MATCH
FUNDING
DEPARTMENTS
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
SALARY RANGE
$300,000/yr - $340,000/yr
EMPLOYMENT TYPE
Full-time, on-site
DATE POSTED
January 13, 2025

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