Product Manager, Organoids

Bio-Techne-posted 3 days ago
$87,600 - $144,000/Yr
Full-time • Mid Level
Minneapolis, MN
1,001-5,000 employees
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By joining Bio-Techne, you’ll join a company with a powerful and positive purpose of enabling cutting-edge research in Life Sciences and Clinical Diagnostics. Bio-Techne, and all of its brands, provides tools for researchers to further treat and prevent disease worldwide. Pay Range: $87,600.00 - $144,000.00 We are seeking an experienced Product Manager to join our Organoids team. Our products (under the Tocris and R&D Systems brands) support researchers across the life sciences, providing high quality, innovative reagents to catalyze advances in science and medicine. The position holder will have a key strategic role in the development of the Bio-Techne organoid research portfolio, maximizing portfolio value through a customer/application-centric mindset and identifying and delivering products/G2M strategies that secure a strong competitive position in the market and deliver high revenue growth. You will support the transformation of the business from a reagent vendor to an organoid solution provider by leveraging close collaboration across multiple departments and sites, particularly Commercial, R&D, Operations and Product Marketing for effective execution. The Product Manager will derive customer problems and deep market insights, translating these into compelling business cases for new product development, strategic partnerships and to inform inorganic opportunities. The role holder has a critical role catalyzing and guiding R&D to deliver products, data and solutions that enhance customer acquisition and awareness in this rapidly evolving market. In addition to base salary, this position is eligible to receive a target annual cash bonus and long-term incentive package of stock grants based on individual and company performance, in accordance with company policy.

  • Market & Customer Insight Provide in depth customer, market, and competitor analysis as the basis for strategic planning, portfolio analysis and segmentation
  • Build deep customer and market knowledge, tracking competitive moves, market developments and unmet customer needs, and translating these into actionable opportunities to inform portfolio strategy
  • Build and cultivate KOL networks for insights, advocacy, and collaboration.
  • Partner with corporate development to identify and assess inorganic opportunities.
  • Attend tradeshows and conferences for intelligence gathering and promotional purposes.
  • Represent the team and company at internal and external meetings.
  • Travel, domestic and internationally, is an essential part of the role
  • Product Strategy & Positioning Develop highly strategic product roadmaps that deliver against 3-5 year business goals.
  • Identify and execute on strategic new product/portfolio opportunities, building business cases, financial models and design briefs to support the development and launch of new products.
  • Generate compelling go-to-market plans to support successful NPI/portfolio launches, partnering effectively with product marketing to develop and execute plans.
  • Identify and deliver on opportunities for strategic partnerships to deepen market penetration.
  • Be familiar with intellectual property issues and their impact on business activities.
  • Standard product management duties such as lifecycle management and pricing, including annual pricing reviews as required.
  • Commercial Enablement and Execution Generation of reports and KPIs to understand financial performance and drivers of performance
  • Establish, refine and lead commercial strategies to deliver revenue growth for the product portfolio.
  • Proactively ensure effective sales enablement, including commercial team training and support.
  • Work with a sense of urgency to respond effectively to new opportunities or changing market dynamics.
  • Embed and promote the company’s EPIC values in all areas of work, maintaining the company’s culture, ethics, and people engagement.
  • Perform other duties as required to support the business.
  • Minimum Bachelor’s-level knowledge in a life science-related subject together with several years’ basic research or relevant commercial experience.
  • Requires 5+ years progressive experience in Product Management or related discipline.
  • Strong commercial & scientific acumen.
  • Understanding of patent law and other intellectual property issues.
  • Knowledge of Bio-Techne’s products, services, customers and marketplace.
  • Strong interpersonal interaction skills and a collaborative approach to working with colleagues.
  • Highly motivated with demonstrative interpersonal, presentation & organizational skills.
  • Energetic and enthusiastic about science and great products.
  • General business skills such as negotiation, strong organizational skills, problem solving and fact-based decision making.
  • Self-starter who is able to demonstrate a high level of initiative.
  • Curiosity, problem solving ability, and determined attitude.
  • Extremely proficient in English, with excellent written and verbal communication skills.
  • Proficient in the use of computer applications and software.
  • Professional demeanor
  • MSc, PhD or MBA is an advantage.
  • We offer competitive insurance benefits starting on day one: medical, dental, vision, life, short-term disability, long-term disability, pet, and legal and ID shield.
  • We invest in our employees’ financial futures through 401k plans, an employee stock purchase plan (ESPP), Health Saving Account (HSA), Flexible Spending Account (FSA), and Dependent Care FSA.
  • We empower our employees develop their careers through mentorship, promotional opportunities, training and development, tuition reimbursement, internship programs, and more.
  • We offer employee resource groups, volunteer paid time off, employee events, and charity drives to build a culture of caring and belonging.
  • We offer an accrued leave policy with paid holidays, paid time off, and paid parental leave.
  • We foster a culture of empowerment and innovation, where employees feel valued and encouraged to bring their new ideas to the table.
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