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Ocular Therapeutix

Hydrogel-based ocular drug delivery platform

Key Account Manager

Field SalesConfirmed live in the last 24 hours
Full-timeLos Angeles, CA, USA$162k - $172k

About the Job

Requirements

  • A bachelor's degree is required.
  • At least 3–5 years of experience selling in the pharmaceutical or medical field, with experience in one or more of the following areas: ophthalmology, biologic products, buy-and-bill products, or surgical products.
  • Proficiency in reimbursement-related matters and willingness to handle them at the account level.
  • Ability to drive to customer offices and surgery centers within the assigned territory and hold a valid driver's license.
  • Ability to travel for work-related meetings and functions, including overnight and/or weekend travel.
  • Demonstrated top performance with supporting documentation.
  • Solid understanding of the ophthalmology market and strong relationships with surgeons.
  • Technical knowledge of healthcare reimbursement from a patient and provider perspective, including J codes, CPT codes, billing codes, and the appeals process.
  • Knowledge of the buy-and-bill process and private payer, Medicare, and Medicaid structures and reimbursement processes.
  • Ability to manage multiple business initiatives and cross-functional relationships.

Responsibilities

  • Promote approved products and help establish the company as a leader in the ophthalmology community by developing, cultivating, and maintaining long-term relationships with ophthalmic surgeons and relevant personnel at physician practices, clinics, and ambulatory surgery center accounts.
  • Execute quarterly and annual marketing strategies to achieve territory sales, including delivering branded sales messages, conducting planned in-surgery training, communicating quarterly rebates when applicable, scheduling and following up on medical educational programs, and supporting reimbursement and market-access needs, including communicating the quarterly CMS drug reimbursable schedule.
  • Develop product and disease-state knowledge and educate and engage healthcare professionals about clinical evidence and product efficacy and safety profiles to support on-label prescribing.
  • Conduct in-surgery training sessions to ensure accounts use the product as directed.
  • Maintain in-depth knowledge of the market, demographics, and market-access information relevant to the assigned sales territory.
  • Assist providers with reimbursement issues across core classes of trade, primarily Medicare Part B, Medicare Advantage, and regional commercial managed care plans.
  • Support reimbursement interactions involving Medicaid fee-for-service and managed care organizations, Veterans Administration networks, TRICARE regional offices, specialty pharmacies, pharmacy benefit managers, accountable care organizations, integrated delivery networks, and advocacy, consumer, provider, and treatment systems.
  • Set up and execute speaker programs and manage their promotional budgets.
  • Attend local and regional meetings where target physicians are expected to attend.
  • Comply with applicable laws and regulations, company privacy and data guidelines, Sample Administration Agreement terms, and PDMA guidelines.
  • Work with the assigned Regional Director and Field Reimbursement Manager to develop a strategy and business plan that maximizes the opportunity in the territory.
  • Facilitate patient and provider access to products and help accounts understand and manage local payer reimbursement policies.

Desired Qualifications

  • Injectable biologic product experience is highly preferred.
  • Experience with total-account calls focused on hospitals or ambulatory surgery centers and office sites of care.
  • Experience with provider-site reimbursement interactions, including practice management, practice billing, or revenue cycle.
  • Experience working with a reimbursement support hub.
  • Experience working with specialty pharmacies.
  • Practice management experience.
  • Product launch experience.
  • Demonstrated teamwork abilities and high emotional intelligence.
  • Self-motivation, strong organizational and planning skills, attention to detail, and accuracy.

About the Company

Ocular Therapeutix

Hydrogel-based ocular drug delivery platform

Ocular Therapeutix develops and commercializes eye therapies using a hydrogel-based drug-delivery platform. Its approach uses a biodegradable hydrogel that stays in the eye to release medicine over time, reducing the need for frequent eye drops or injections. The flagship product, DEXTENZA, is a corticosteroid insert placed by a physician after eye surgery to treat inflammation and pain, providing sustained local treatment. The company differentiates itself by offering a scalable platform that can be used to create a range of eye medications and devices for conditions such as glaucoma, retinal diseases (including wet AMD), and dry eye, rather than competing solely on one drug. Revenue comes from selling these products to physicians and surgical centers. The goal is to expand the hydrogel delivery platform into a broader pipeline of eye therapies to improve patient outcomes and adherence by delivering drugs where and when they are needed most.

Company size
201-500
Company stage
IPO
Headquarters
Bedford, MA
Founded
2006

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