Global Head of Pricing & Innovative Contracting, EPD; m​/f​/d

At Abbott, we're committed to helping people live their best possible life through the power of health. For more than 125 years, we've brought new products and technologies to the world in nutrition, diagnostics, medical devices and branded generic pharmaceuticals that create more possibilities for more people at all stages of life. Today, 114,000 of us are working to help people live not just longer, but better, in the more than 160 countries we serve.

Abbott’s Established Pharmaceuticals Division (EPD) is looking to recruit a

To be based at the Global EPD HQ in Basel, Switzerland

The Global Head of Pricing & Innovative contracting is a pivotal role that develops and executes Abbott’s global pricing strategy, guidance, governance and processes to fulfil our purpose Life. To The Fullest. The Head of Pricing & Innovative contracting will partner with the respective regional access teams, Global Access team, Policy, Government Affairs, Finance and HEOR to drive revenue growth through pricing excellence and accelerate access through value-based pricing and contracting strategies.

This role will lead the Global Pricing Leads to develop the value and price guidance and contracting solutions for key pipeline products and marketed brands. This individual will be a visible thought leader on cross-functional teams and is expected to make a strong contribution to the Global Access Strategies and ensure a franchise and portfolio pricing view.

• Shape and lead Abbott’s pricing guidance and governance and communicate it to internal and external stakeholders.
• Lead the development of Abbott’s pricing systems and capabilities with accurate and integrated data, to enable proactive insights, decision price forecasting and horizon scanning.
• Embed Pricing Excellence into Abbott at local, regional and global levels.
• Analyse external pricing trends and key IRP events to build a proactive mitigation strategy.
• Serve as the expert on global pricing, maintaining a high level of expertise on critical developments in the pricing environment globally and in key markets. Monitor events and situations that could inform and impact Abbott product pricing and reimbursement and communicate regularly with senior leadership on these topics.
• Design and lead global innovative contracting strategies to enable sustainable patient access

The “Global Head of Pricing & Innovative contracting” will lead the Global Pricing & contracting team in the development of Abbott’s value-based pricing strategy across the portfolio and supervise global pricing and innovative contracting operations and embed pricing excellence within the organization to ensure broad access while maximizing value and minimizing value erosion. This includes:

Key member of the Global Pricing Committee and is responsible for leading the price exception approval process. Leads the development and execution of global pricing strategies based on value-based pricing principles for key launch and marketed brands. Develops value and price guidance based on tiered pricing, sustainability, and value based principles for key launch and marketed brands (responsible for leading approvals) in collaboration with Regions, affiliates and Marketing Head.

Supports key pipeline assets with early price guidance, pricing analytics and launch planning. Ensures in-depth understanding of changes in pricing and reimbursement environment, regulations and policies of key markets and impact on Abbott products. Proactively addresses payer, HTA and policymaker challenges with price defense strategies to minimize price erosion. Builds innovative pricing and payment models in partnership with the Access Innovation team to create win-win-win situations for patients, payers and Abbott.

Supports the development of pipeline strategy by providing insights and analytics to relevant global access, Regional teams and affiliate teams.

Provides consultative support to the business, including Franchisees, on all pricing related matters. Designs, implements and manages global pricing…