Associate Director, Biosimilar Pricing, Analytics and Strategy
Meitheal Pharmaceuticals, Inc. · Chicago, IL · Today
RemoteRemoteBusiness Development$115k–$155k/yrFull-time
About the role
The Associate Director, Biosimilar Pricing, Analytics, and Strategy is responsible for developing and executing end-to-end pricing strategies across the biosimilar portfolio, including launch price positioning, contracting frameworks, and ongoing price management across pharmacy and buy and bill channels. This position reports to the Head of the Biosimilar Business Unit and serves as the lead Pricing and Contracting cross-functional point of contact across the organization.
Responsibilities
- Develop WAC and net price strategies at launch and lifecycle for each biosimilar asset.
- Build pricing models, including channel specific models (Pharmacy/PBM vs Buy and Bill/ASP), model ASP impact scenarios and articulate tradeoffs, and forecast modeling.
- Present pricing and strategy recommendations to senior leadership and key stakeholders to maximize patient access.
- Serve as a commercial payor and government contracting expert to the organization on statutory pricing compliance, price transparency reporting, and GTN impacts that result from contracting.
- Partner with Finance on gross-to-net (GTN) budget assumptions, accrual calculations, and all gross-to-net matters.
- Responsible for oversight of all Government Pricing programs including calculation of statutory prices (ASP, AMP, BP, PHS, NFAMP, FSS), and compliance with Federal regulations and statutes.
- Oversees implementation, administration, claim validation and payment of Payor and government agreements by the internal team and with a third-party vendor.
- Partners closely with Legal to ensure contract language, agreement terms, and program compliance.
- Serves as a primary liaison to the Pricing Compendia reporting any price or product updates to the marketplace.
- Maintain governance of a pricing repository for all product pricing and terms available to the distributors so Trade can seamlessly release product orders.
- Participates in and holds the Sarbanes-Oxley compliance oversight over the Pricing Committee.
- Develops and maintains departmental SOPs to ensure operational compliance with internal policies.
- Partners closely with External and Internal Audit teams to ensure control compliance.
- Manages third-party vendor relationships and reviews deliverables.
- Position to evolve into overseeing, developing, and managing a team that supports and operationalizes the Pricing and Contracting initiatives for the organization.
Qualifications
- BA/BS in related field, or equivalent experience; MBA preferred.
- 8+ years in the pharmaceutical industry; 5+ years in biosimilar or managed market leadership role strongly preferred.
- 8+ years of experience in government pricing, commercial contracting, and gross-to-net support.
- Deep understanding of ASP/WAC mechanics, CMS pricing rules, 340B implications, Medicare Part B/D dynamics and buy-and-bill reimbursement strongly preferred.
- Computer Skills: Microsoft Word, PowerPoint and Excel.