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Full-Time

Executive Director Portfolio Management Neuropsychiatry

Posted on 7/29/2024

Acadia Pharmaceuticals Inc.

Acadia Pharmaceuticals Inc.

501-1,000 employees

Develops therapies for neurological disorders

Biotechnology
Healthcare

Senior, Expert

Princeton, NJ, USA

Category
Healthcare Administration & Support
Medical, Clinical & Veterinary
Required Skills
Communications
Management
Word/Pages/Docs
Data Analysis
Excel/Numbers/Sheets
PowerPoint/Keynote/Slides
Requirements
  • Bachelor’s degree in life science or related field; Advanced degree preferred.
  • Targeting 12 years of progressively responsible, relevant experience focusing on program management with 8 years in a leadership role which includes experience managing cross-functional project teams.
  • Strong understanding of the drug development process from preclinical pharmacology through to regulatory approval and the principles, concepts, practices, and standards of pharmaceutical program management.
  • Excellent knowledge of project management discipline and its application to drug development required to deliver time, cost, quality and risk management to teams.
  • Advanced meeting facilitation skills and ability to lead cross-functional teams that include executive and senior management without direct authority.
  • Financial management knowledge desired.
  • Neuroscience experience desired.
  • Excellent interpersonal, organizational, written and verbal communication skills.
  • Independent, motivated, team leader with the ability to thrive in a matrix environment.
  • Ability to support multiple asset teams simultaneously with strong organizational and time management skills and attention to detail.
  • Ability to accommodate and lead teams through shifting priorities, demands and timelines.
  • Ability to elicit cooperation from a wide variety of sources and to be persuasive, encouraging and motivating.
  • Adept at creating and communicating a clear vision for a program among team members to facilitate alignment of resources to achieve program and corporate goals.
  • Proven track record of implementing Project Management tools, methodologies, practices and infrastructure, as related to the biopharmaceutical Industry.
  • In-depth knowledge and skill with Microsoft (MS) suite including MS PowerPoint, MS Project, MS Word, MS Excel.
Responsibilities
  • Lead Asset Strategy Teams (ASTs) for Neuropsychiatry Franchise by driving the program teams to execute on the strategic vision of the Neuropsychiatry portfolio.
  • Drive planning for key drug development stage-gate decision points after Phase 1 and co-chair stage-gate committee for Neuropsychiatry franchise.
  • Manages an integrated program budget and resource plan in partnership with the R&D Operations Lead, Finance team member and functional line representatives on the team.
  • Facilitate resource planning, and financial and capacity assessments for Neuropsychiatry franchise.
  • Partner with Strategic Product Planning function to establish or update Target Product Profiles (TPPs) for the Neuropsychiatry portfolio that are aligned with the Strategic Value Proposition for the initial development and life-cycle management of the asset.
  • Coordinate formation of the ASTs for Neuropsychiatry Franchise programs following a Go to Phase 2 (POC) decision at Stage Gate 3 and knowledge transfer from the Early-Stage AST members or Alliance Delivery Teams (ADTs) for partnered programs.
  • Collaborate with Research and Development (R&D) Operations team to ensure development team plans and timelines align with the strategic goals for the portfolio.
  • Ensure clear translation of the Strategic Value Proposition for each asset into an integrated strategic development plan for each program.
  • Proactively communicate contract milestones, scientific and financial obligations to ASTs for partnered programs to make well-informed strategic recommendations and decisions.
  • Proactively conduct risk management, and contingency and scenario planning across disciplines, ensure transparent communication of risks and escalate to executive management with appropriate speed.
  • Lead and facilitate decision analysis with the team including development and assessment of outcome scenarios with alternative development options, robust go/no go decision criteria, probability of technical and regulatory success (PTRS), and value and investment implications.
  • Ensure a coordinated approach across portfolio managers to ensure aligned execution and consistent reporting across stakeholders (ie, financial planning and analytics, executive leadership team and board of directors).
  • Other responsibilities as assigned.
Acadia Pharmaceuticals Inc.

Acadia Pharmaceuticals Inc.

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Acadia Pharmaceuticals develops therapies for neurological disorders, focusing on conditions like Parkinson's disease, schizophrenia, and Rett syndrome. Their products are created through extensive research and development, followed by rigorous clinical trials to ensure safety and effectiveness. Once approved by regulatory bodies like the FDA, these therapies are marketed to patients and healthcare providers. Acadia stands out from competitors by concentrating on areas with significant unmet medical needs and fostering strategic partnerships to enhance their research and market presence. The company's goal is to improve the quality of life for individuals with neurological conditions through effective treatments.

Company Stage

IPO

Total Funding

$813.4M

Headquarters

Dallas, Texas

Founded

1993

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Simplify's Take

What believers are saying

  • Acadia's launch of Magnolia's Guide to Adventuring showcases their innovative approach to raising disease awareness and redefining perceptions of Rett syndrome.
  • The acceptance of trofinetide for priority review by Health Canada could lead to significant market expansion and first-mover advantage in treating Rett syndrome in Canada.
  • The appointment of Dr. Elizabeth H. Z. Thompson as Executive Vice President, Head of Research and Development, signals a strong commitment to advancing their R&D capabilities.

What critics are saying

  • The failure of the Phase III ADVANCE-2 trial for pimavanserin in schizophrenia highlights the high-risk nature of drug development in the biopharmaceutical sector.
  • Dependence on regulatory approvals, such as the FDA and Health Canada, introduces uncertainty and potential delays in bringing therapies to market.

What makes Acadia Pharmaceuticals Inc. unique

  • Acadia Pharmaceuticals focuses exclusively on neurological disorders, setting it apart from competitors with broader therapeutic areas.
  • Their commitment to corporate social responsibility, including initiatives like the Rett Sibling Scholarship, enhances their reputation and community engagement.
  • Acadia's strategic partnerships and corporate sponsorships amplify their research capabilities and market reach, distinguishing them from competitors who may not leverage such collaborations.
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