Sr. Commercial Attorney, Transactions

Reposted 20 Days Ago
Be an Early Applicant
Hiring Remotely in US
Remote
217K-271K Annually
Senior level
Biotech • Pharmaceutical
The Role
The Sr. Commercial Attorney will support the launch of Ivonescimab by drafting and negotiating commercial agreements, ensuring compliance with regulations, and advising on market strategies.
Summary Generated by Built In

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:

The Sr. Commercial Attorney, Transactions for Summit Therapeutics (the “Company”) will be integral to supporting the successful commercial/product launch of Ivonescimab. This position reports directly to the Chief Legal Officer and serves as the primary legal liaison for the review, negotiation and drafting of all Company commercial, marketing, and market access related agreements. This role requires in-depth knowledge of pharmaceutical industry regulations and the ability to advise on commercialization, market and distribution strategies.

Role and Responsibilities:

  • Lead the drafting and negotiation of the agreements associated with the Company’s commercial activities, including but not limited to, product launches, promotional/and marketing materials, sales activities, advisory boards, speaker bureaus, patient assistance programs, patient advocacy groups, sponsorships, charitable contributions, and similar activities

  • Draft and negotiate pricing, distribution (3PL, specialty distributors, specialty pharmacy providers, GPOs, PSPs), payer, and reimbursement agreements, including value-based and outcomes-based contracts, Including defining service levels for cold chain management and temperature sensitive biologics

  • Support government program contracting, including Medicare, Medicaid, 340B, and VHCA

  • Review, negotiate and draft general Master Services Agreements, Statements of Work/Purchase Orders, Amendments for the Commercial, Marketing, Market Access, and G&A functions

  • Develop template agreements that support the Company’s commercial activities

  • Advise on the legal structure of limited distribution networks for specialty drugs, including exclusive provider arrangements with payors or pharmacy benefit manager (PBMs.)

  • Ensure all distribution practices adhere to federal and state laws, including the Drug Supply Chain Security Act (DSCSA), FDA regulations and Good Distribution Practice (GDP) standards

  • Partner with commercial teams to navigate complex reimbursement, prior authorization support and co-pay assistance programs for high-cost medications

  • Work with internal Compliance team to ensure contracts comply with Company policies and applicable law, such as False Claims Act, Anti-Kickback Statute (AKS), Foreign Corrupt Practices Act (FCPA), GDPR, DOJ Bulk Data Rule, BIOSECURE Act, and state/federal transparency laws (e.g., Open Payments/Sunshine Act), especially in the context of discount safe harbors, administrative fees and rebate structures

  • Establish, and serve on, relevant Company committees to support Commercial/Marketing and Market Access activities

  • Provide legal advice for formulary placement, managed care agreements in U.S. and international markets

  • Monitor regulatory changes and enforcement trends in pharmaceutical commercialization and communicate timely to relevant business teams

  • Provide training and educational sessions for internal stakeholders on various legal topics for contracting related to commercialization of pharmaceuticals

  • Develop, implement, review and update policies, procedures, and controls to ensure contracting adheres to legal and regulatory requirements

  • Ability to identify, evaluate, and advise on risks associated with commercial transactions; as necessary, proactively provide innovative alternatives to the meet business goals while also reducing Company risk

  • Ensure clear and prompt communication with internal stakeholders and outside parties regarding status of, or issues in, contracts

  • Handle miscellaneous legal tasks or special assignments on an as-needed basis

  • All other duties as assigned

Education, Experience and Skills:

  • Juris Doctorate from an accredited law school, and admitted to a US state bar in good standing

  • Minimum of 8+ years of major law firm and/or in-house relevant experience in a pharmaceutical company

  • Must have extensive independent contract negotiation and drafting experience in the pharmaceutical industry

  • Strong understanding of contract law and commercial regulations and industry standards

  • Experience supporting product launches in the pharmaceutical sector

  • Strong knowledge of relevant federal and state laws, regulations, rules and guidance as well as industry codes and principles impacting healthcare compliance laws and pharmaceutical manufacturers, focused on drug labeling, drug advertising, fraud and abuse (anti-kickback, off-label promotion), product liability, clinical trials, etc.

  • Precise drafting and strong legal analysis skills

  • Ability to communicate complex legal issues to senior management and non-legal stakeholders

  • Regulatory Knowledge and deep expertise in the Anti-Kickback statues , the Sunshine Act, and the Prescription Drug Marketing Act

  • Excellent written and oral communication skills; professional manner. Able to work effectively and efficiently with all levels of management and personnel

  • A keen understanding of business and practical problem solver that presents positive, creative solutions and alternatives for management

  • Ability to handle competing priorities in a fast-paced environment and exercise sound commercial and legal judgment

  • Self-starter with the ability to work independently as well as collaboratively in a team environment


This is the pay for this position

Pay Transparency
$217,000$271,000 USD

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 [email protected] to obtain prior written authorization before referring any candidates to Summit.

Summit Therapeutics Inc. is an Equal Opportunity Employer and takes pride in creating and maintaining diverse environment. We do not discriminate in recruitment, hiring, training or promotion or any other employment practices for reasons of race, color, religion, gender, national origin, age, sexual orientation, marital or veteran status, disability, or any other legally protected status.

Skills Required

  • Juris Doctorate from an accredited law school
  • Admitted to a US state bar in good standing
  • Minimum of 8+ years of major law firm and/or in-house relevant experience in a pharmaceutical company
  • Extensive independent contract negotiation and drafting experience
  • Strong understanding of contract law and commercial regulations
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The Company
HQ: Miami, Florida
336 Employees
Year Founded: 2003

What We Do

Summit Mission Statement: To build a viable, long-lasting health care organization that assumes full responsibility for designing, developing, trial execution and enrollment, regulatory submission and approval, as well as successful commercialization of patient, physician, caregiver, and societal-friendly medicinal therapy intended to: improve quality of life, increase potential duration of life, and resolve serious medical healthcare needs. To identify and control promising product candidates based on exceptional scientific development and administrational expertise, develop our products in a rapid, cost-efficient manner, and to engage commercialization and/or development partners when appropriate. We accomplish this by building a team of world class professional scientists and business administrators that apply their experience and knowledge to this mission. Team Summit exists to pose, strategize, and execute a path forward in medicinal therapeutic health care that places Summit in a well-deserved, top market share, leadership position. Team Summit assumes full responsibility for stimulating continuous expansion of knowledge, ability, capability, and well-being for all involved stakeholders and highly-valued shareholders. Summit was founded in 2003 and our shares are listed on the Nasdaq Global Market (symbol ‘SMMT’). We are headquartered in Miami, Florida, and we have additional offices in Palo Alto, California, Princeton, New Jersey, Oxford, UK, and Dublin, Ireland.

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