Pharmaceutical Partnerships Negotiation Specialist

2 weeks ago

Mississauga, Ontario, Canada Flexstaf IT Full time

The Pharmaceutical Partnerships Negotiation Specialist plays a key role in driving Flexstaf IT's Pharmaceutical Partnerships strategy. This position focuses on managing relationships with pharmaceutical manufacturers and negotiating Product Listing Agreements (PLAs). Collaborating with the in-house clinical team and external partners, the Specialist ensures the alignment of formulary changes with client objectives. The role also involves overseeing the day-to-day execution of PLAs to support seamless operations and agreement fulfillment.

Key Responsibilities:

  • Collaborate cross-functionally with internal teams and external pharmaceutical manufacturer partners, particularly within Market Access.
  • Stay informed on market trends, public policy, and the competitive landscape affecting pharmaceutical reimbursement.
  • Lead and manage the entire PLA negotiation process, including strategy, negotiations, and contracting for specific drug therapies to support the financial sustainability of drug plans.
  • Align with carrier strategies to deliver impactful PLAs across provincial regulatory frameworks.
  • Coordinate legal and business reviews of negotiated agreements and assist with contract interpretation, audits, and invoicing.
  • Draft and review legally binding agreements as needed.
  • Deliver annual PLA forecasts within budget parameters.

Qualifications:

  • Minimum 5 years of experience in pharmaceutical market access, pharmacy, health insurance, or benefits management.
  • A university degree in Pharmacy, Business, Science, or a related field is preferred; a clinical background is a strong asset.
  • Bilingual proficiency in English and French is a significant advantage.

Required Knowledge, Skills, and Abilities:

  • Expertise in market access, the benefits/insurance industry, value proposition development, and drug reimbursement processes in both public and private sectors.
  • Strong understanding of public policy and provincial regulations, with knowledge of Canadian pharmaceutical landscapes and Pharmacy Benefit Management.
  • Excellent communication skills with the ability to deliver professional presentations.
  • Strong negotiation and influencing skills to effectively manage stakeholder relationships.
  • Ability to manage multiple priorities while maintaining a high level of analytical and business acumen.
  • Established relationships with pharmaceutical and medical device manufacturers are a plus.

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