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LucyRx

Independent PBM offering transparent pricing, analytics

Vice President - Clinical Strategy, Product

Product ManagementConfirmed live in the last 24 hours
Full-timeRemote in USA$233.6k - $292k

About the Job

Requirements

  • At least 10 years of progressive experience in PBM, pharmacy product strategy, pharmacy services, or a related healthcare services environment, including at least 5 years in a leadership role.
  • Demonstrated experience owning or materially shaping product strategy, clinical program strategy, formulary strategy, pharmacy benefit solutions, or related healthcare offerings.
  • Proven ability to lead multidisciplinary teams across product, clinical, formulary, client-facing, finance, technology, and operational functions.
  • Strong working knowledge of PBM operations, formulary management, utilization management, clinical programs, specialty pharmacy, pharmacy claims data, and the regulatory environment.
  • Proven track record developing business cases, pricing models, performance measures, and portfolio recommendations tied to revenue, margin, savings, adoption, and clinical outcomes.
  • Demonstrated success supporting sales, retention, finalist meetings, or client strategy as a senior clinical or product subject matter expert.
  • Bachelor of Pharmacy or PharmD is required.
  • Active or prior pharmacist licensure, or comparable clinical pharmacy leadership experience.
  • Direct experience in PBM product strategy, formulary strategy, specialty pharmacy, clinical program design, or P&T governance.
  • Experience developing or scaling programs in high-cost or high-growth categories such as GLP-1s, diabetes, women's health, biosimilars, or specialty drugs.
  • Experience using pharmacy claims, clinical outcomes, market data, and financial modeling to guide product strategy, pricing, and client-facing value stories.

Responsibilities

  • Own the clinical and non-clinical product portfolio, prioritizing against market, client, and evidence inputs and setting roadmap sequencing.
  • Define clinical strategy across priority therapeutic categories and translate it into differentiated, buildable product offerings.
  • Monitor clinical evidence, treatment trends, regulatory changes, and competitive moves to inform product design and positioning.
  • Integrate formulary strategy with product strategy so clinical programs, benefit design, and net-cost performance reinforce one another.
  • Lead the product management, clinical account management, and formulary strategy functions against a single roadmap and clinical point of view.
  • Set standards for discovery rigor, business case quality, launch readiness, and evidence supporting team claims; make formulary and benefit design decisions alongside product decisions.
  • Recruit, coach, and retain senior clinical and commercial talent, and build succession depth across all three functions.
  • Own the investment case and pricing model for each clinical program; approve investments within the delegated VP authority threshold and pricing within the approved rate card, and recommend decisions above those thresholds to the SVP.
  • Partner with Sales, Underwriting, and Finance to ensure clinical products are priced, packaged, and positioned to win.
  • Establish KPIs and reporting on adoption, revenue, margin, and clinical outcomes across the portfolio.
  • Partner with Technology on build sequencing, scope trade-offs, and release planning.
  • Govern clinical evidence standards and outcomes measurement for launched programs, and recommend whether to iterate, scale, or sunset them.
  • Ensure products meet PBM regulatory, contractual, and clinical program standards in partnership with Compliance and Legal.

About the Company

LucyRx

Independent PBM offering transparent pricing, analytics

LucyRx is a Bethesda-based pharmacy benefit manager that serves self-insured employers and health plans with transparent pricing, simpler claims, and high-touch service. Its LucyIQ analytics platform provides real-time data to optimize formulary design and control costs, especially for high-cost specialty drugs. It combines technology with an integrated specialty pharmacy network, a formulary marketplace, and next-day home delivery to streamline prescription management and improve adherence. It differentiates itself by eliminating hidden fees and aligning its interests with clients, pursuing growth through strategic acquisitions like CerpassRx and Citizens Rx, with a goal to reduce drug costs and improve patient outcomes for over 1,200 clients and 1 million members.

Company size
201-500
Company stage
Not listed
Total funding
Not listed
Headquarters
Maryland, United States
Founded
2023

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