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Title

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Pharmaceutical Contract Specialist

Description

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We are looking for a highly skilled and detail-oriented Pharmaceutical Contract Specialist to join our team. The ideal candidate will have extensive experience in contract management, negotiation, and compliance within the pharmaceutical industry. This role requires a deep understanding of regulatory requirements, industry standards, and best practices. The Pharmaceutical Contract Specialist will be responsible for drafting, reviewing, and negotiating a variety of contracts, including but not limited to, clinical trial agreements, supply agreements, and licensing agreements. The successful candidate will work closely with legal, compliance, and business development teams to ensure that all contracts are aligned with company policies and regulatory requirements. Additionally, the Pharmaceutical Contract Specialist will be responsible for maintaining contract databases, tracking contract performance, and ensuring timely renewals and amendments. This role demands excellent communication skills, attention to detail, and the ability to manage multiple projects simultaneously. If you are a proactive problem-solver with a passion for the pharmaceutical industry, we encourage you to apply.

Responsibilities

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  • Draft, review, and negotiate various types of contracts.
  • Ensure compliance with regulatory requirements and company policies.
  • Collaborate with legal, compliance, and business development teams.
  • Maintain and update contract databases.
  • Track contract performance and ensure timely renewals and amendments.
  • Provide guidance on contract-related issues and disputes.
  • Develop and implement contract management processes and best practices.
  • Conduct risk assessments and identify potential issues.
  • Prepare and present reports on contract status and performance.
  • Assist in the development of training materials and programs related to contract management.
  • Monitor industry trends and regulatory changes.
  • Support internal and external audits related to contract management.
  • Ensure confidentiality and security of contract information.
  • Coordinate with external legal counsel as needed.
  • Participate in cross-functional project teams.

Requirements

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  • Bachelor's degree in Law, Business Administration, or a related field.
  • Minimum of 5 years of experience in contract management within the pharmaceutical industry.
  • Strong understanding of regulatory requirements and industry standards.
  • Excellent negotiation and communication skills.
  • Proficiency in contract management software and tools.
  • Attention to detail and strong analytical skills.
  • Ability to manage multiple projects simultaneously.
  • Strong problem-solving skills and proactive approach.
  • Experience with clinical trial agreements, supply agreements, and licensing agreements.
  • Knowledge of intellectual property and licensing issues.
  • Ability to work independently and as part of a team.
  • Strong organizational and time management skills.
  • Proficiency in Microsoft Office Suite.
  • Experience with risk assessment and mitigation.
  • Ability to handle confidential and sensitive information.

Potential interview questions

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  • Can you describe your experience with contract management in the pharmaceutical industry?
  • How do you ensure compliance with regulatory requirements in your contracts?
  • Can you provide an example of a challenging contract negotiation you have handled?
  • How do you manage multiple contract projects simultaneously?
  • What contract management software and tools are you proficient in?
  • How do you handle disputes or issues that arise during contract execution?
  • Can you describe your experience with clinical trial agreements?
  • How do you stay updated on industry trends and regulatory changes?
  • What strategies do you use for risk assessment and mitigation in contract management?
  • How do you ensure the confidentiality and security of contract information?
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