PRICENTRIC - Global Competitor Pricing

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PRICENTRIC - Global Competitor Pricing

pricentric international reference pricing and competitive pricing strategies

 

Click Here to See What Our Clients Have to Say about PRICENTRIC.

 

An optimal pricing strategy and price management for a marketed product has to constantly look at pricing trends of competing products in the market. Access to authentic current and historical prices for competing products empowers companies with the information necessary to ensure that their own strategies are headed in the right direction and allows them to make adjustments when necessary.

 

They may also monitor responses by competitors to price actions taken for their own products. In addition, a multitude of modeling exercises such as pharmaco-economic modeling, analogue analysis, and budget impact modeling, often require competitor drug pricing data.

 

Our Comprehensive and Unique Solution - PRICENTRIC™ - is available as either a standalone application, or integrated as part of the PriceRight™ suite of products.

 

PRICENTRIC Competitor Pricing and International Reference Pricing

 

PRICENTRIC offers numerous data offerings:

  • Global Data Service, containing prices obtained from dependable sources in various international markets. We currently track more than 70 markets worldwide including Red Book prices in the US
  • Reimbursement Data at indication level for Key Global Markets that include product reimbursement status, how much reimbursed and patient copay levels.
  • Pricing and Reimbursement Newsletters tracking key developments in the areas of pricing, reimbursement, Market Access and HEOR
  • Special Reports based on data analysis and strategic evaluation
  • Access to knowledgeable data analysts

International Reference Pricing Rules

 

Alliance keeps track of changes in the Reference Pricing rules followed by various countries. Information on this is made available to our subscribers on a periodic basis either as a standalone service or fully integrated as a feed into our PriceRight™ Analysis Module for Reference Pricing.

 

Our proprietary product classification system facilitates easy transformation of prices to comparable units of measure across countries or product SKUs. We maintain pricing data in local currencies, but may be converted to any currency of choice on a real time basis. Updates to the data are made on a monthly basis.

 

CLIENT TESTIMONIAL

"Alliance's online portal makes it easy to quickly filter and retrieve global pricing data. Since all of the PRICENTRIC data uses standardized naming conventions for package descriptions, I can confidently compare pricing data for different products across several geographies. In the rare cases where I have had questions about the data, Alliance has always been been able to provide prompt answers and in some cases even make changes to the database for me." - Senior Manager, Mid-Market Pharma Manufacturer