Contract & Pricing Strategy Director
Incyte · Chadds Ford, PA · 3 mo ago
On-siteBusiness DevelopmentContract
Essential Functions Of The Job (Key Responsibilities)
- Strategic Portfolio Leadership: Develop and maintain the company’s 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 changes/impacts 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).
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 and/or oversight of TPA(s) that manage contract management, chargebacks, rebates, data scrubbing and other operational requirements associated with current and future contracts.