Company Description
Dr. Reddy’s Laboratories Ltd. is a leading multinational pharmaceutical company based across global locations. Each of our 24,000 plus employees comes to work every day for one collective purpose: to accelerate access to affordable and innovative medicines because Good Health Can’t Wait.
We started in 1984 with a modest investment, 20 employees and a bold vision. Today, we have research and development centres, manufacturing facilities or a commercial presence in 66 countries.
For nearly four decades, we have stood for access, affordability and innovation based on the bedrock of deep science, progressive people practices and robust corporate governance. Asthepharmaceutical industry evolves and undergoes disruption, we see an opportunity –tostrengthen our core further (the next steps) and to build the future (the new bets).
‘TheNextand the New’ is how we aim to continue to be the partner of choice – purpose-driven, future-ready and sustainable. Our aim is to reach over 1.5 Bn+ patients across the world by 2030 by growing our core businesses and building for the future with sustainability at the core of our purpose and strategy. Sustainability for us means operating in a manner that respects people, planet and purpose – helping us conserve precious resources, serve our patients, create value for stakeholders, give back to society, fulfil our potential and maintain our integrity and transparency
Dr Reddy’s maintains a work environment, free from discrimination and is an equal opportunity employer. We are committed to employ & nurture all qualified diverse workforce without regard to race, colour religion, nationality, sex, age, disability status, genetics, sexual orientation, gender expression, citizenship or any other characteristic or classification protected by applicable law(s) of the country we operate in. We treasure every talent, and recognize merit and diversity in our organization.
Job Description
Description
The Legal Counsel is responsible for advising Dr. Reddy’s Laboratories Limited (“Dr Reddy’s”) in its pursuit of the finished formulation business in India. The role requires legal expertise, business acumen and experience to advise the Company on its business contracts and agreements, strategic projects, marketing and distribution activities and harnessing inorganic growth opportunities, keeping in mind the best commercial interests of the organisation, applicable laws and Dr Reddy’s legal and compliance policies. Further, the role calls for strong, practical skillsets to work on large-scale business development and M&A deals, including hands-on experience in independently drafting, negotiating & concluding transaction documents for assets/business acquisition and in integration of such acquired assets/businesses.
The role offers an opportunity to work as part of the legal team of a leading global generics company in its home-territory of India and to support and assist the business as they bring to market, a wide range of pharmaceutical and nutraceutical products. The role requires the Legal Counsel to advise on laws relating to the drug control laws, FSSAI regulations, legal metrology rules, consumer interest legislations and the like.
The role would be attractive to legal professionals who enjoy working on a wide variety of assignments that contribute to the strategic goal of the Business Unit while furthering the Company’s motto of “Good Health Can’t Wait” and increased access to affordable medicines for all. The role offers potential for career advancement in a fast growing company in the pharmaceutical sector with strong governance and in a merit-oriented environment.
Main Responsibilities
- Drafting, negotiating and assisting with execution of contracts and related legal documents including service contracts, distributor contracts, MoU, term sheets etc;
- Negotiating contracts and supporting with the launch and distribution of in-licensed products
- Working closely with the Business Development function for comprehensive legal support in successfully completing M & A, brand/product acquisition, business/asset purchase deals
- Advising on marketing and promotional activities, while being compliant with applicable laws and the Company’s marketing code;
- Providing legal support to the commercial team in implementing strategic goals and resolution of legal queries in day-to-day operations;
- Interacting with key stakeholders, including: Finance, Tax, SCM, Regulatory as well as colleagues in global Legal & Compliance department.
- Research and interpretation of applicable laws and ideating on creative and legally compliant solutions to business problems;
Key Competencies
- Sound grasp of legal concepts and ability to draft and manage legal contracts, for varied business requirements/situations;
- Good negotiation skills to drive discussions to desired outcomes;
- Strong exposure to digital environment and understanding of IP, data privacy and information security issues;
- Self-motivated and performance driven individual who sets high standards for oneself at work;
- Adaptable, open to new ways of working and finding unique solutions to overcome business challenges
- Excellent verbal and written communication skills;
- Willingly assists colleagues in other functions and activities in areas outside of his/her primary areas of responsibility as needed to contribute to a collegial atmosphere.
- Challenges his/herself in order to deliver even when it is not completely within his/her control
Qualifications
Required Qualifications
- A Bachelor’s Law Degree from a reputed national university in India
- 12-14 years’ work experience in corporate law firms and/or reputed corporates with strong practical experience in M & A, Acquisitions and Divestments, PE deals, Business Development projects. Exposure to in-licensing/out-licensing/distribution arrangements etc in the pharma space would be an added advantage. The role is ideal for senior associates at law firms who wish to move in-house for enriching their business knowledge and also for in-house counsels who aspire for an impactful legal career in the pharmaceutical industry
- Digital literacy, familiarity with IP, Data Privacy matters will be a strong advantage
Additional Information
Benefits Offered
At Dr. Reddy’s we actively help to catalyse your career growth and professional development through personalised learning programs.
The benefits you will enjoy at Dr. Reddy’s are on par with the best industry standards. They include, among other things and other essential equipment, joining & relocation support, family support (Maternity & Paternity benefits), learning and development opportunities, medical coverage for yourself and your family, life coverage for yourself.
Our Work Culture
Ask any employee at Dr. Reddy’s why they come to work every day and they’ll say, because Good Health Can’t Wait. This is our credo as well as the guiding principle behind all our actions. We see healthcare solutions not only as scientific formulations, but as a means to help patients lead healthier lives, and we’re always attuned to the new and the next to empower people to stay fit. And to do this, we foster a culture of empathy and dynamism. People are at the core of our journey over the last few decades. They have been supported by an enabling environment that buoys individual ability while fostering teamwork and shared success. We believe that when people with diverse skills are bound together by a common purpose and value system, they can make magic.
For more details, please visit our career website at https://careers.drreddys.com/#!/
