Summary
Overview
Work History
Education
Skills
Accomplishments
Languages
Certification
References
Timeline
Generic
Chetan  Parekh

Chetan Parekh

Mumbai

Summary

Seasoned Leader with a proven excellence of 32 years in global business development, market expansion, and sourcing (API, FDF, Licenses). Deep Market insights.

Demonstrated success in fostering B2B partnerships in over 70 countries, and leading cross-functional teams to drive innovation and growth.

Developed and managed $100 million in sales, growing at 30%, and a product pipeline value of over $200 million.

Overview

35
35
years of professional experience
1
1
Certification

Work History

Director -Global Sourcing for New Products

Abbott Healthcare Private Ltd
Mumbai
05.2019 - 01.2025

Spearheaded the Product pipeline development strategy & execution. Ideas to life.

  • Peak sales pipeline value of $200 M
  • First to market generics, Life cycle management and NCE lineup to augment growth.
  • Led cross-functional teams in the development of innovative solutions to complex problems in sourcing, supplies, and costs.
  • Managed crisis situations to minimize the impact on development, operations, and reputation.
  • Value creation through sourcing and partnerships with supplier to improve gross margin.

Strategic Sourcing Director EPD LATAM

Abbott Healthcare Private Limited
Mumbai
07.2017 - 05.2019
  • Business development,Sourcing,Licensing to drive the NPI growth pipeline of $100 MM
  • Robust pipeline validated and supported by outside-in & inside-out sourcing.
  • CFT collaboration to bring ideas to life at the Innovation board & drive to win.
  • FTM generic launches- A first
  • Gross margin improvement .
  • Large licensing deals
  • Biosimilar strategy and implementation.

Vice President Strategic Sourcing & BD -Asia

CFR Pharmaceuticals LATAM
Mumbai
09.2012 - 07.2017
  • Reporting to CEO & management team member based out of India.
  • Multiple large licence deals worth $50M in sales and supply chain resilience initiatives to speed to market.
  • Geo-expansion of product from India to 14 latam markets.
  • Pipeline value of $75M
  • Biosimilar strategy & implementation with projected $50M sales.
  • Due diligence in acquisitions/audits
  • Gross margin improvements.

CEO

Startup
Mumbai
01.2010 - 08.2012
  • Overall Strategy & implementation to grow by 20% yoy..
  • Strategized and implemented plans to transform and revitalize operations, capitalizing on emerging trends.
  • Established and oversaw strategic business actions and streamlined operations.
  • Improved profitability by accurately maintaining P&L to meet prime fiscal responsibility.
  • Implemented strategic offerings to enhance company's suite of products and services.
  • Consultation to large manufacturers to grow together.

Associate Director BD

Unimark Remedies Ltd
Mumbai
04.2008 - 11.2009
  • Reporting to CEO- Mr Mehul Parekh.
  • BD including inlicensing of molecules.
  • Strategized the manufacturing & marketing to drive growth by 200%.
  • Profit improvement by 30%.
  • Penetration in 20 Global markets.
  • Trading with 25% gross margin without using company funds.
  • 50% image improvement on account of improved efficiencies.

Business Head- International BD

Cipla
Mumbai
01.1993 - 11.2007
  • Reporting to the CEO.
  • Strategy and implementation for API, FDF, OTC, Veterinary, and Herbal products in over 100 international markets. markets.
  • Penetration in 40-plus markets and leader in key 25 markets, spanning a business of $100 million.
  • Single-point empowered decision on API, FDF, and technology for any market to accelerate growth.
  • Market- and customer-led product development and offerings to drive growth.
  • Development sourcing should have better market speed and penetration.
  • Business verticals of OTC, Herbal, Veterinary products, as well as trading activities.
  • The joint venture in the UAE became profitable in two years, with a rich pipeline of $20 million.
  • Successful audits by different MOHs.
  • Customer and brand of choice in multiple markets.
  • Product mix of over 100 products, including oncology.
  • In-person launches in key 15 markets.

Management Trainee- Marketing

Zandu Pharmaceuticals
Mumbai
09.1992 - 01.1993

Reporting to CEO

  • Strategy of Zee Herbal Balm for USA worth $5M
  • Product differentiation & sourcing strategies

Medical Representative- Glaxo Pulsar

Glaxo India Ltd
Rajkot
07.1990 - 09.1990
  • Topper in Sales Training among 50 selected All India representatives.
  • Independent charge of four districts, and launch of the 'Pulsar' division.
  • Penetration and growth of 50% in three months.
  • Excellent interpersonal skill development.
  • On-ground learning and implementation.
  • Insights into implementation.

Education

MBA - Marketing Management

JDC Bytco Institute of Management Studies
Nasik India
07.1992

Bachelor Of Pharmacy ( B Pharm) - Pharmaceutical Sciences

NDMVP Samaj's College of Pharmacy
Nasik India
06.1990

Skills

  • Global business development, sourcing and market expansion using 'trust' as an anchor
  • Supplier-enabled innovation and partnerships to win together
  • In-out licensing
  • Portfolio and product lifecycle management
  • Market and customer leadership position
  • Creating knowledge & relationship oriented teams
  • Stakeholder Engagement
  • Adaptability and resilience in navigating market disruptions and regulatory challenges
  • Cost control and revenue enhancement

Accomplishments

  • Presidents award - "Innovative solutions for I&D NPI"
  • Multiple awards for Pioneering,Achieving,Caring,Enduring.
  • Platinum awards for Pioneering ideas & for being a role model.
  • Platinum award for Effective Biosimilar Strategy.
  • Extensive travel & BD in over 40 global markets.

Languages

  • English, Hindi, Marathi, Gujarati
  • Certification

    • Registered Pharmacist.
    • Diploma in Import-Export Management.
    • Leading innovative change by UC Berkeley.
    • Leading with Impact.

    References

    References available upon request.

    Timeline

    Director -Global Sourcing for New Products

    Abbott Healthcare Private Ltd
    05.2019 - 01.2025

    Strategic Sourcing Director EPD LATAM

    Abbott Healthcare Private Limited
    07.2017 - 05.2019

    Vice President Strategic Sourcing & BD -Asia

    CFR Pharmaceuticals LATAM
    09.2012 - 07.2017

    CEO

    Startup
    01.2010 - 08.2012

    Associate Director BD

    Unimark Remedies Ltd
    04.2008 - 11.2009

    Business Head- International BD

    Cipla
    01.1993 - 11.2007

    Management Trainee- Marketing

    Zandu Pharmaceuticals
    09.1992 - 01.1993

    Medical Representative- Glaxo Pulsar

    Glaxo India Ltd
    07.1990 - 09.1990

    MBA - Marketing Management

    JDC Bytco Institute of Management Studies

    Bachelor Of Pharmacy ( B Pharm) - Pharmaceutical Sciences

    NDMVP Samaj's College of Pharmacy
    Chetan Parekh