The opportunity
Join Teva as an Associate Director, Strategic Pricing and lead key pricing strategies for U.S. Brand and Biosimilar products. You'll ensure compliance with pricing policies, analyze price adjustments, and project ASP for Medicare Part B drugs. As a pricing expert, you’ll drive analytics on biosimilars and manage gross-to-net sales processes. Your role will also involve expertise in the Medicaid Drug Rebate Program and the 340B Drug Pricing Program.
How you’ll spend your day
Liaison with Finance, Demand Forecasting, and the Brand Marketing team to determine forward-looking assumptions on buy-and-bill drugs. Develop ASP projections. Provide expertise and guidance on Medicare Part B ASP calculations, reimbursement rates, and net cost recovery.
Support launch of future products. Provide strategic guidance and pricing analytics to aid in determination of launch pricing. Develop pricing recommendations and ensure approvals are obtained prior to launch.
Consult with business units on pricing strategies and proposals. Calculate and communicate the financial impacts of proposed pricing actions and verify that pricing policies and procedures are followed, and approvals obtained as appropriate.
Develop analysis tools to evaluate pricing proposals. Effectively utilize existing data and systems to support the pricing function. Act as first-line reviewer of pricing analytics to ensure accuracy of the Pricing team’s deliverables.
Attend various Pricing and Contracting training and industry meetings to stay current on regulatory requirements, Medicaid and Federal pricing regulations, and legislation impacting pharmaceutical pricing.
All areas of responsibility listed above are essential to the satisfactory performance of this position by any incumbents with reasonable accommodation if necessary. Any non-essential functions are assumed to be included in other related duties or assignments.