Contract & Pricing Strategy Director

Incyte Corp

Chadds Ford, PA

JOB DETAILS
SKILLS
Analysis Skills, Biotech and Pharmaceutical, Brand Marketing (Branding), Brand Strategy, Business Administration, Business Analysis, Business Development, Business Skills, Business Strategy, Change Management, Chargebacks, Communication Skills, Competitive Analysis/Strategy, Competitive Research, Contract Analysis, Contract Management, Cross-Functional, Data Cleaning, Dermatology, Due Diligence, Establish Priorities, Finance, Financial Analysis, Financial Literacy, Financial Modeling, Financial Regulations, Forecasting, Government, Government Contracts, Government Policies, Healthcare Reimbursement, Hematology, Industry/Trade Analysis, Investment Management, Leadership, Licensing, Managed Care, Market Analysis, Market Segmentation, Marketing Strategy, Medicaid, Medical Affairs, Medical Products, Mergers and Acquisitions, Microsoft Active Server Page (ASP), Multitasking, Oncology, People Management, Performance Analysis, Performance Metrics, Pricing, Problem Solving Skills, Product Pricing, Product Strategy, Product Support, Project/Program Management, Provider Contracting, Reimbursement, Research & Development (R&D), Resource Management, Retail Strategy, Risk Management, Sales Pipeline, Strategic Analysis, Strategic Planning, Team Lead/Manager, Trend Analysis
LOCATION
Chadds Ford, PA
POSTED
30+ days ago

Overview A global biopharmaceutical company on a mission to Solve On Incyte follows science to find solutions for patients with unmet medical needs. Through the discovery development and commercialization of proprietary therapeutics Incyte has established a portfolio of first-in-class medicines for patients and a strong pipeline of products in Hematology Oncology and Inflammation and Autoimmunity Headquartered in Wilmington Delaware Incyte has operations in North America Europe and Asia. The Contract & Pricing Strategy Director role is responsible for leading the development execution and management of the companys strategic portfolio across all therapeutic areas and business units. This role partners with brand teams marketing market access finance and executive leadership to drive long-term growth optimize resource allocation and ensure alignment of the portfolio with the companys vision access and business objectives. The ideal candidate will have deep experience in Market Access competitive landscape government legislative U.S. reimbursement oncology vs retail dynamics pharmaceutical strategy portfolio management and cross-functional leadership. Essential Functions of the Job Key responsibilities Strategic Portfolio Leadership Develop and maintain the companys portfolio strategy for both in-line and pipeline assets ensuring alignment with corporate goals and market opportunities. Lead portfolio prioritization processes including evaluation of pipeline assets business development opportunities and lifecycle management. Provide strategic recommendations to executive leadership on portfolio investments divestitures and risk mitigation. Support list pricing strategy for in-line and pipeline brands management of ASP and reimbursement forecasting and assessments of legislative changesimpacts across portfolio. Cross-Functional Collaboration Partner with R&D Commercial Medical Affairs Regulatory and Finance teams to ensure integrated portfolio planning and execution. Facilitate cross-functional portfolio review meetings and governance forums. Strategize around various pricing contracting and reimbursement implications for commercial and government payers providers and programs across the portfolio Derm & Onc. Lead the development of brand pricing and contracting strategies leveraging industry knowledge market insights strategic vision and analytics to ensure optimal access and support brand objectives. Develop and present strategies and analytics for price and contract strategies. Understanding Government Pricing methodologies calculations Medicaid340B and impacts that strategies may have within calculations and government contracts Medicaid 340B FSS ASP IRAMFN Market and Competitive Analysis Monitor industry trends competitor pipelines and market dynamics to inform portfolio decisions. Conduct scenario planning and forecasting to assess potential impact of external and internal changes. Provide competitive payer and provider contracting insights including innovative contracting approaches. Provide quantitative and qualitative input in the assessment of implications of US trends government and health policy. Collaborate US Market Access and Global Value Access and Pricing Teams to share insights on US based trends. Business Development Support Support evaluation of in-licensing out-licensing M&A and partnership opportunities from a portfolio perspective. Lead due diligence and integration planning for strategic transactions. Performance Measurement Develop and track key performance indicators KPIs for portfolio health and strategic initiatives. Prepare and present portfolio updates and recommendations to senior management and the Board of Directors. Ensure ongoing monitoring and evaluation of contract performance for all customer segments. Support Marketing Brand Team Product Strategy Finance and Commercial Analytics on forecasting of Gross-to-Net GTN discount rates for relevant products. Support internal staff andor oversight of TPAs that manage contract management chargebacks rebates data scrubbing and other operational requirements associated with current and future contracts Qualifications Minimal acceptable level of education work experience and competency • Minimum of 10 years experience in the pharmaceuticalbiotech industry with significant experience in strategy portfolio management Market AccessPayer Reimbursement or related roles. • Experience with dermatology therapies oncology oral IV and biologic agents required - in both large and biotech environment. • Advanced degree in lief sciences business or related field preferred e.g. MBA PhD. • Understanding of the US commercial and government healthcare and reimbursement environment. • In-depth knowledge and experience with government prices such as AMP BP 340B URA NFAMP other state reporting and validations of TPA calculations. • In-depth knowledge of managed care state and federal reimbursement sectors. • Ability to work effectively with cross-functional stakeholders. • Strong analytical financial modeling project management. Excellent communication presentation and influencing skills • Ability to rapidly assimilate information prioritize and manage multiple projects. • Experience in developing and managing people desired. Competencies Strategic thinking and problem-solving Leadership and team management Change management Business acumen and financial literacy Stakeholder engagement

About the Company

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Incyte Corp