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2024 Summer Intern - Health Economics & Outcomes Research (HEOR), Statistics

Ferring Pharmaceuticals

Ferring Pharmaceuticals

Parsippany-Troy Hills, NJ, USA
Posted on Thursday, February 1, 2024

Job Description:

As a privately-owned, biopharmaceutical company, Ferring pioneers and delivers life-changing therapies that help people build families and live better lives. Our independence helps us cultivate an entrepreneurial spirit and long-term perspective that enables us to achieve growth and scale, while remaining agile and true to our ‘people first’ philosophy. Built on a 70-year plus commitment to science and research, Ferring is relentless in its pursuit of science that drives powerful discoveries and therapies to help people build families, stay healthy, and stand up to the world’s oldest enemy: disease.

As the 2024 Summer Intern - Health Economics & Outcomes Research, Statistics you will be introduced to the role of health economics and outcomes research (HEOR) and real world evidence (RWE) research in the pharmaceutical industry setting and to provide students with the experience on how to conduct rigorous and comprehensive literature review and analysis on disease and treatment cost, associated patient clinical outcomes and health-related quality of life, as well as to learn about budget impact model and cost-effectiveness model from 3rd party payer perspective.

This will be a ten-week summer internship focusing primarily on HEOR/RWE in a pharmaceutical industry setting with some interns devoting some time to managed care activities. Exposure into this department will allow student to perform rigorous literature searches, build basic economic models and develop training slides. Student will gain insights into FDA requirements and regulations related to HEOR/RWE and managed care support through these activities.

The intern will be involved in formulating and disseminating HEOR/RWE materials to internal and external customers, utilizing literature retrieval skills and taking part in projects associated with medical, marketing, sales, regulatory, and other components of FPI. The interns will also have the opportunity to gain exposure to Medical Operations and Medical Writing/ Publications and other areas of interest.

With Ferring, you will be joining a recognized leader, identified as one of “The World’s Most Innovative Companies” by Fast Company, and honored by Fortune with inclusion on its “Change the World List,” for addressing society’s unmet needs. Ferring US is also Great Places to Work® Certified, distinguishing it as one of the best companies to work for in the country.

Responsibilities:

  • Working in one or more disease areas including Gastroenterology, Reproductive Medicine, Orthopedics, and Uro-oncology to support HEOR/RWE tactics for pipeline and post-launch products

  • Conducting and supporting the development of literature reviews, retrospective claims database analyses, payer dossiers and economic models

  • Assisting in conceptualizing research strategies and developing materials such as slide decks, summary reports and research abstracts

  • Developing summaries and documentations of the latest FDA guidelines and regulations on industry compliance related to HEOR/RWE

  • Attending team and cross-functional meetings to acquire an understanding of how HEOR strategies and tactics contribute to the overarching goals within a pharmaceutical organization

  • Work with HEOR department to translate models to outfacing payer tools such as slide decks and models

  • Attend payer meetings (min. of 3) to better understand the payer landscape, needs and interests

  • Assist in other internal projects such as key payer insight gathering and reporting

Requirements:

  • Candidates who are working towards an undergraduate or master or doctoral degree in health economics, statistics, epidemiology, public health, and interest in managed care, HEOR and the pharmaceutical industry

  • Had previously taken courses related to life sciences, economics or statistics or related field.

  • Demonstrated proficiency in literature review and using MS Office

  • Demonstrated excellent time management, verbal and written communication skills

This role is expected to work no less than three days at our site in Parsippany, New Jersey, on days in conjunction with your assigned team; you may be able to work two days per week remotely. This role may also be eligible for Ferring Summer Fridays, where meetings and most work commitments end by 1 PM each Friday.

Standard requirements for all intern positions:

  • Ability to complete the entire 10-week program (from May 28, 2024 to August 2, 2024) and commit to 37.5 hours per week

  • Cumulative 3.0 GPA or above; college transcript required

  • Currently enrolled in an accredited college/university for undergraduate, graduate or PharmD program

  • Must be legally authorized to work in the U.S. Ferring cannot sponsor work visas for summer interns

  • At least 18 years of age prior to the scheduled start date

  • Pass a drug screen and background check prior to start date

  • Virtual interviews with HR and hiring manager

  • Final presentation to manager & department team members at the end of the 10-week program (mandatory)

  • Must apply to online job posting and provide resume & cover letter

  • Application deadline is Thursday, February 29, 2024

Ferring + you

At Ferring, we offer competitive total compensation along with an exceptional range of flexible benefits, personal support and tailored learning and development opportunities all designed to help you realize your full potential both in life and at work. From working hours that respect your lifestyle, a culture that is welcoming and equitable, and the chance to work with the industry’s most impressive people, these are just some of the ways we live our "People First" philosophy.

Our Compensation and Benefits

At Ferring, base pay is one part of our competitive total compensation and benefits package. The hourly rate for undergraduate interns is $20 per hour and the hourly rate for graduate students is $25 per hour.

This internship role is for the specific date range of May 28, 2024 to August 2, 2024. You will be eligible for any company-paid holidays that occur during that range.

During the internship, you will accrue sick time. However, use of this accrued sick time must occur after you have worked for Ferring for 120 consecutive days in 2024.

As a summer intern, you are ineligible for other Ferring benefits, comprehensive healthcare (medical, dental, and vision); a 401k plan and company match; short and long-term disability coverage; basic life insurance; wellness benefits; reimbursement for certain tuition expenses; and paid vacation time. You are also ineligible for pay of Company holidays that occur before or after the internship, should your internship be extended to part-time status.

Ferring is an equal opportunity employer. All aspects of employment will be based on merit, competence, performance, and business needs. We do not discriminate on the basis of gender, race, color, religion, marital status, age, national origin, ancestry, physical or mental disability, medical condition, pregnancy, genetic information, sexual orientation, gender identity or expression, veteran status, or any other status protected under federal, state, or local laws.

Join our team and your voice will be heard, and your contributions will be valued. If you love to come up with new ways to make a positive difference and see them through, you will fit right in.

We are proud to be an Affirmative Action/Equal Opportunity Employer (including Disability/Protected Veterans). We maintain a drug-free workplace.

Location:

Parsippany, New Jersey