Executive Director, US Pricing & Contracting Strategy
Company: Summit Therapeutics Sub, Inc.
Location: Princeton
Posted on: February 19, 2026
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Job Description:
Job Description Job Description Location: Princeton, NJ ONSITE
About Summit: Summit Therapeutics Inc. is a biopharmaceutical
oncology company with a mission focused on improving quality of
life, increasing potential duration of life, and resolving serious
unmet medical needs. At Summit, we believe in building a team of
world class professionals who are passionate about this mission,
and it is our people who drive this mission to reality. Summit’s
core values include integrity, passion for excellence, purposeful
urgency, collaboration, and our commitment to people. Our employees
are truly the heart and soul of our culture, and they are
invaluable in shaping our journey toward excellence. Summit’s team
is inspired to touch and help change lives through Summit’s
clinical studies in the field of oncology. Summit has multiple
global Phase 3 clinical studies, including: Non-small Cell Lung
Cancer (NSCLC) HARMONi: Phase 3 clinical study which was intended
to evaluate ivonescimab combined with chemotherapy compared to
placebo plus chemotherapy in patients with EGFR-mutated, locally
advanced or metastatic non-squamous NSCLC who were previously
treated with a 3rd generation EGFR TKI. HARMONi-3: Phase 3 clinical
study which is intended to evaluate ivonescimab combined with
chemotherapy compared to pembrolizumab combined with chemotherapy
in patients with first-line metastatic NSCLC. HARMONi-7: Phase 3
clinical study which is intended to evaluate ivonescimab
monotherapy compared to pembrolizumab monotherapy in patients with
first-line metastatic NSCLC. Colorectal Cancer (CRC) HARMONi-GI3:
Phase 3 clinical study intended to evaluate ivonescimab in
combination with chemotherapy compared with bevacizumab plus
chemotherapy. Ivonescimab is an investigational therapy not
presently approved by any regulatory authority other than China’s
National Medical Products Administration (NMPA). Summit is
headquartered in Miami, Florida, and has additional offices in
California, New Jersey, the UK, and Ireland. Overview of Role: As a
key member of the Market Access leadership team, the Executive
Director, US Pricing & Contracting Strategy will lead the
development and execution of pricing and contracting strategies to
ensure optimal market access and reimbursement. This role demands a
strategic leader with profound expertise in the US pricing and
reimbursement landscape across all US customer channels,
understanding the interconnectivity among various stakeholders. The
individual will be responsible for all aspects of pricing and
contracting, including price reporting systems, government price
reporting, and contract development. Role and Responsibilities:
Develop and manage robust price reporting systems to ensure
accurate and timely reporting of pricing data Oversee government
price reporting processes, ensuring compliance with all regulatory
requirements and guidelines Manage relationships with outsourced
service providers to ensure high-quality and efficient delivery of
pricing and contracting services Average Sales Price (ASP)
management, ensuring accurate calculation and reporting to support
reimbursement strategies Develop and implement contract modeling
strategies to optimize pricing and contracting terms, enhancing
market access and profitability Manage contract operations,
including rebates and chargebacks, to ensure efficient and
compliant processing Lead and facilitate the pricing committee,
ensuring alignment on pricing strategies and decisions across the
organization Ensure compliance with state pricing transparency
requirements, maintaining accurate and up-to-date pricing
information Develop and maintain a comprehensive archive of price
decisions to support strategic planning and compliance Perform all
other duties as assigned All other duties as assigned Experience,
Education and Specialized Knowledge and Skills: Bachelor’s degree
in Business, Healthcare, or a related field; advanced degree
preferred Minimum of 15 years of experience in pricing and
contracting strategy within the pharmaceutical industry, with a
focus on oncology and HCP-administered products;
experience/knowledge of ex-US markets pricing is a plus. Proven
track record of successful management of price reporting systems
and government price reporting Strong understanding of contract
operations, including rebates and chargebacks Excellent strategic
thinking, negotiation, and relationship management skills Ability
to lead cross-functional teams and drive complex projects to
completion Exceptional communication and presentation skills
Ability to travel to support business priorities as needed This
role is ideal for a strategic leader who can navigate the
complexities of pricing and contracting in the pharmaceutical
industry, ensuring compliance and optimizing market access and
profitability The pay range for this role is $260,000-$280,000
annually. Actual compensation packages are based on several factors
that are unique to each candidate, including but not limited to
skill set, depth of experience, certifications, and specific work
location. This may be different in other locations due to
differences in the cost of labor. The total compensation package
for this position may also include bonus, stock, benefits and/or
other applicable variable compensation. Summit does not accept
referrals from employment businesses and/or employment agencies in
respect of the vacancies posted on this site. All employment
businesses/agencies are required to contact Summit’s Talent
Acquisition team at recruiting@smmttx.com to obtain prior written
authorization before referring any candidates to Summit.
Keywords: Summit Therapeutics Sub, Inc., Philadelphia , Executive Director, US Pricing & Contracting Strategy, Accounting, Auditing , Princeton, Pennsylvania