International Reference Pricing Software | IRP | Launch Sequencing
Solution Features
- The Reference Pricing Solution is example of a .net project developed for a biotech client through an ISV
- Reference Pricing Tools and Impact Analysis on an International level for Pharma Products
- Addressing the problem of launch sequence order for new products is possible
- Reports which show the trend, evolution and impact across multiple geographies and time periods
- Import and export and setup base and budget series to forecast future impact for multiple products and brands
- Workflow management reporting and authorization
Key Benefits & Learnings
Having dealt with Pharma pricing business domain – we can develop similar tools and solutions for your consultancy or Pharma company using superior and latest technologies.
Typical solution can be hosted on small scale VPS with minimal hosting or your own hosting setup for extra security. Built on dot.net it comes in a scalable and secure set-up and can be developed for a very economical price. Contact us if you need to develop such solutions.
Our IRP solution is available as a stand-alone product or even as part of the Global Price Management Software (GPM) software suite for pharma. IRP solution provides the following benefits including:
- Create forecasts called scenarios to understand reference price impact
- Create variety of rules which are scenario specific or global over countries and products with targeted filtering
- Rich reports ranging from Erosion to Trend, Evolution, Rule specific and calendar reports
- Save, export, import scenarios to use your data everywhere
- Multi-user with Price cut approval rules. An end to end IRP forecasting solution. An add-on Launch Sequencing module in the pipeline soon.
International Reference pricing & the Launch Sequencing Problem for Pharma Product Launch
This International Reference Pricing Software is now available on Cloud Hosting as well as On-Premises hosting for pharmaceutical companies. Inquire today to know about the pricing and solution benefits: Inquire Here
The IRP Software is an easy and cost-effective option rather than companies spending months and thousands on up-front investment for a software tool which may or may not work.
We also have a Launch Sequencing software under development which can solve the very complex problem of selecting the optimal launch sequence for a pharma product over a set of countries to maximise revenues, minimize reference price erosion and parallel trade impact. This software uses complex linear equation and other mathematical programming to provide AI driven answers.
Apart from IRP and Launch Sequencing , you may also be looking for a Global Price List Management Software for Pharma , which we can assist with as well.
