Apply on Employer Site

Fortrea · 1 week ago

Senior Product Manager, Oncology

Burlington NC

Full-time

Hybrid

Mid, Senior Level

3+ years exp

Fortrea is a company under Labcorp focused on providing innovative solutions in the oncology space. The Senior Product Manager will drive product strategy and manage tests and services within Labcorp's oncology portfolio, ensuring alignment with customer needs and market trends for optimal growth.

Clinical TrialsHealth Care

H1B Sponsor Likely

Responsibilities

Drive lifecycle strategy, product ownership and management of tests and services within the oncology portfolio, from initiation to sunset, and across various intended uses (biopharma service, laboratory-developed tests or LDTs, kitted IVDs including supporting software), ensuring we deliver solutions that address the client's evolving needs, and drive customer satisfaction to promote loyalty

Develops and executes multi-year product strategy in partnership with other key stakeholders based on deep customer insights and understanding of market dynamics

Utilize standard marketing practices to develop comprehensive business cases to win investment in their portfolio (including portfolio management, marketing strategy, customer segmentation and targeting, reimbursement analysis, financial modeling, risk management, value proposition development, etc.)

Gather customer feedback and analyze product performance and portfolio KPIs to actively develop strategies for performance improvement, ecosystem and experience enhancement, margin expansion, and operational efficiencies

Represent the voice of customers in the Product Lifecycle Committee; serves as the subject matter expert on market dynamics, client needs, wokflows and ordering and reporting experience

Facilitate stakeholder alignment and buy-in around key strategies (product evolution, pricing, ecosystem) to promote successful market adoption

Tracks business initiatives, forecasts performance of assigned product, tracks on-market performance, and advises the senior leadership about relevant strategic actions to promote growth

Key stakeholder in the development of launch strategies and commercialization plans, partnering with Product and Customer marketing in defining the go-to-market plans, with Science, Market Access, and Medical Affairs, to ensure development and delivery of evidence to support clinical utility and drive test coverage

Build relationships with customers, thought leaders, trade associations, and industry players to facilitate engagement and promotion

Qualification

Product strategy developmentOncology testing solutionsMarket access knowledgeBiotech/medtech experienceCustomer segmentationProject managementBusiness acumenAnalytical skillsCollaboration skillsCommunication skills

Required

B.S. Degree required; preferred degree(s): Molecular Biology, Life Sciences, or related degree

3-5 years in the biotech/medtech/pharma/ diagnostic industry

3+ years of managing centralized services and distributed (kitted) products, including supporting software, in the biotech/ medtech/ pharma industries

3+ years managing projects or actively working on core teams

Demonstrated success in developing and executing on product strategies and commercializing regulated products

Experience working with regulated products is a must

Demonstrated ability to design, communicate and deliver compelling product strategies to service the diagnostic and biopharma markets and support products across the full lifecycle to deliver optimal customer experience

Demonstrated expertise in developing centralized and distributed (kitted) solutions for oncology testing

Deep knowledge of both the provider and biopharma segments

Deep understanding of the diagnostic and biopharma markets

Strong technical background and understanding of technology platforms for molecular and pathology-based testing

Strong business acumen and analytical skills

Strong understanding of the commercial/ sales process and selling into the provider and biopharma market

Demonstrated expertise in collaborating and driving alignment and buy-in across internal stakeholder functions and externally with hospitals & health systems, oncologists, pathologists, and precision medicine thought leaders

Preferred

Preferred advanced degree in molecular biology, bioinformatics or related field

Advanced degree (MS or PhD) in molecular biology, bioinformatics or related field preferred

Benefits

Medical

Dental

Vision

Life

STD/LTD

401(k)

Paid Time Off (PTO) or Flexible Time Off (FTO)

Tuition Reimbursement

Employee Stock Purchase Plan

Company

Fortrea

Fortrea is a provider of comprehensive Phase I through IV clinical trial management, clinical pharmacology, patient access solutions.

Founded in 2023

Durham, North Carolina, USA

10001+ employees

https://www.fortrea.com

H1B Sponsorship

Fortrea has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2025 (14)

2024 (25)

2023 (6)