Manager - Institutions Development at Abbott

Mumbai, Maharashtra, India

Abbott Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Pharmaceuticals, HealthcareIndustries

Requirements

  • (Details not provided in the original text)

Responsibilities

  • Developing and implementing market access strategies
  • Analyzing market trends
  • Developing pricing strategies
  • Representing the company in negotiations with healthcare providers and insurers
  • Developing appropriate communication platforms to reinforce product value messages
  • Managing relationships with external stakeholders and policymakers
  • Mapping and prioritizing payer accounts for sequential product entry
  • Developing stakeholder engagement plans
  • Advocating with payors and managing prioritized health systems engagement on awareness, diagnosis, screening, training, and capability building in the healthcare ecosystem
  • Facilitating scientific engagement, treatment & adherence, and evaluating partnership models across therapies
  • Advocating with government stakeholders on payer value proposition and Health Economic Outcomes
  • Aligning with internal stakeholders (Government Affairs, Sales & Marketing, Medical, Healthcare Affairs teams) to ensure timely and effective implementation of plans
  • Understanding challenges in government medical hospitals
  • Collaborating with trade teams (MSL, sales & marketing, public market team) in executing scientific engagement activities in medical hospitals
  • Advocating with central beneficiary account stakeholders (Army, CGHS) and state ministry stakeholders

Skills

Market Access
Pricing Strategy
Negotiation
Stakeholder Management
Policy Advocacy
Health Economics
Market Analysis
Payer Engagement
Scientific Engagement
Government Affairs

Abbott

Healthcare solutions in diagnostics and devices

About Abbott

Abbott Laboratories focuses on improving health through various medical technologies and health solutions. The company operates in areas such as cardiovascular health, diabetes management, diagnostic testing, nutrition, and neuromodulation for chronic pain and movement disorders. Abbott's products include advanced medical devices and diagnostic tests that help healthcare professionals and patients manage health conditions effectively. For example, their cardiovascular technologies assist in heart health management, while diabetes care products enable accurate glucose monitoring without painful fingersticks. Unlike many competitors, Abbott emphasizes accessibility and affordability in its offerings, aiming to make life-changing technologies available to a broader audience. The company's goal is to positively impact global health and well-being, supported by a commitment to sustainability and a 2030 Sustainability Plan.

Lake Bluff, IllinoisHeadquarters
1888Year Founded
IPOCompany Stage
HealthcareIndustries
10,001+Employees

Risks

Departure of key leader Dr. Adamson may affect Abbott's Heart Failure division.
Integration challenges with Medtronic could impact glucose monitor-insulin pump rollout.
Thermo Fisher's microfluidics expansion may increase competition for Abbott.

Differentiation

Abbott integrates continuous glucose monitoring with automated insulin delivery systems.
Abbott's microfluidic devices streamline diagnostic processes efficiently.
Abbott's neuromodulation products target specific nervous system areas for chronic pain relief.

Upsides

Microfluidic technology offers cost-effective solutions in diagnostics.
Strategic partnerships like Abbott-Medtronic enhance product offerings and market reach.
Significant investments indicate strong market confidence in Abbott's healthcare solutions.

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