Specialist, Government Pricing and Contracts at Azurity Pharmaceuticals

Atlanta, Georgia, United States

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Not SpecifiedCompensation

Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

PharmaceuticalsIndustries

Requirements

Bachelor’s Degree
Pharmaceutical/Accounting experience preferred or equivalent work experience
Experience with Microsoft Office
Ability to work well with internal and external customers
Must be able to multi-task, handle several job functions simultaneously
Pharmaceutical Government Pricing/Contract experience desired but not required
Experience with the iContracts Suite of Solutions or other life sciences industry systems is a PLUS
Ability to work in a complex and changing environment with minimal supervision
Must possess excellent problem solving and decision-making skills
Solid understanding of the Medicaid Drug Rebate Program and the price reporting requirements associated with that program
Must be able to sit for long periods of time

Responsibilities

Assist in the calculation of Medicaid price types: Average Manufacturer Price (AMP), Best Price (BP), Unit Rebate Amount (URA), Average Sales Price (ASP), etc
Support the Pharmaceutical Chargebacks and Rebates processes
Extensive research of Medicaid claims to resolve discrepancies
Class of Trade (COT) Review and Assignment
Ensure a timely response to all contract operations related customer service calls/emails
Weekly review of all GP data elements including Sales, Chargebacks, and Rebates for accuracy and completeness in advance of Monthly/Quarterly GP calculation
Assist with review and submission of State Price Transparency Reporting (SPTR)
Assist in completion of Dept of Veterans Affairs Federal Supply Schedule Requests for Modification (RFMs)
Collaborate with the GP & Contract Operations Team on GP data elements, processes and policies to ensure they are up to date and compliance is being maintained
Collaboration with the Market Access & Strategic Accounts (MASA) Team
Ability to understand and interpret contract terms to maintain contract compliance
Assist with other Finance and/or Commercial projects
Assist with audits and other projects within the Finance Department as needed

Skills

Key technologies and capabilities for this role

Medicaid Drug Rebate ProgramAverage Manufacturer Price (AMP)Best Price (BP)Unit Rebate Amount (URA)Average Sales Price (ASP)Pharmaceutical ChargebacksRebatesGovernment PricingContract Operations

Questions & Answers

Common questions about this position

What is the salary or compensation for the Specialist, Government Pricing and Contracts role?

This information is not specified in the job description.

Is this position remote or does it require office work?

This information is not specified in the job description.

What key skills and experience are required for this role?

A solid understanding of the Medicaid Drug Rebate Program and its price reporting requirements is essential, along with experience in government pricing calculations like AMP, BP, URA, and ASP, contract operations, and the ability to interpret contract terms for compliance.

What is the company culture like at Azurity Pharmaceuticals?

Azurity is an inclusive workplace and Equal Opportunity Employer with a talented, dedicated team focused on benefiting patients through the best science and commitment to quality. They seek highly motivated individuals with dedication, integrity, and creative spirit.

What qualities make a strong candidate for this position?

Strong candidates are leaders and go-getters who take full ownership, are experienced, competent, dependable, and can partner with the business, with a solid understanding of Medicaid pricing.

Azurity Pharmaceuticals

Develops specialized formulations of medicines

About Azurity Pharmaceuticals

Azurity Pharmaceuticals develops specialized formulations of existing medicines to meet the needs of patients who are often overlooked by traditional pharmaceutical companies. Their products include oral suspensions and other forms that are easier to administer, particularly for those who have difficulty swallowing pills or need precise dosing. This focus on creating accessible and effective medications enhances patient compliance and addresses gaps in the pharmaceutical market. Azurity serves healthcare providers, hospitals, and pharmacies, generating revenue through the sale of FDA-approved proprietary medicines across various therapeutic areas, including cardiovascular, central nervous system, and oncology. Their goal is to improve patient outcomes by providing high-quality, innovative medicines tailored to specific medical conditions.

Woburn, MassachusettsHeadquarters

2000Year Founded

$182.2MTotal Funding

GROWTH_EQUITY_VCCompany Stage

Biotechnology, HealthcareIndustries

201-500Employees

Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Company Match

401(k) Retirement Plan

Paid Vacation

Paid Holidays

Hybrid Work Options

Professional Development Budget

Tuition Reimbursement

Wellness Program

Risks

Product recalls, like Zenzedi's, can damage brand reputation and cause financial losses.

Integration challenges from Slayback Pharma acquisition may disrupt operations.

Reliance on FDA approvals means regulatory delays could impact product launches.

Differentiation

Azurity focuses on innovative dose forms for overlooked patient needs.

Their FDA-approved products ensure safety and efficacy in specialized formulations.

Azurity's acquisition of Slayback Pharma enhances its development and launch capabilities.

Upsides

Growing demand for personalized medicine aligns with Azurity's specialized dose forms.

Increasing chronic diseases boost need for Azurity's innovative drug delivery systems.

FDA's focus on novel formulations benefits Azurity's product pipeline.

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