GLOBAL MARKET MEASUREMENT | PRICING & REIMBURSEMENT

IMS Pricing Insights

Custom price planning tools and services Bespoke solutions to model the impact of international reference pricing and key market events on your portfolio prices

IMS HEALTH

Anticipate and manage portfolio price evolution

How does the changing payer environment affect drug pricing across the world? What will be the impact of a price cut in Greece on prices across Europe? What should be your response to the launch of a new competitor? MODELLING OUTCOMES OF MULTIPLE AND INTERCONNECTED MARKET EVENTS
In a challenging environment e.g. an increasing number of countries across the world are adopting International Reference Pricing (IRP), major brands will see their patent expire over the next few years, mandatory price cuts continue to regularly hit key markets worldwide global manufacturers have to consider their strategic options and pro-actively manage the pricing challenges impacting their portfolio. Successfull modelling of the outcomes of these events requires in-depth P&R knowledge across multiple markets, deep understanding of countries interconnected IRP rules and specialized technology capabilities to build robust and scalable applications. Drawing on the long-standing expertise of its P&R specialists, data management experts and service delivery teams, IMS has developed methodologies and decision support tools that are tailored to each clients specific requirements.

Price planning solutions: key features

Each solution is client-specific based on their business needs, internal workflows and governance processes. However, a common framework has been developed: INTEGRATED, ONLINE, CLIENT-SPECIFIC PLATFORM
Secure access via an intuitive, user-defined, customisable online interface Access to integrated volume forecasts and price data (clients own and/or IMS data)

SCENARIO CREATION MODULE

Set up, maintain and share country IRP rules and algorithms and libraries of pricing events Create specific scenarios: simulate price evolution as driven by the interwoven effects of market events and IRP, review the range of outcomes from best case to worst case, integrate to existing volume forecasts to understand revenue impact

REPORTING AND ANALYTICAL PLATFORM

Access decision-ready outputs, customised to fit your business process e.g. summary reports showing differences between base case and scenario; highlight reports identifying biggest impacts; detailed reviews of price changes in a specific scenario

TYPICAL PRICE PLANNING SOLUTIONS ARE DESIGNED TO:

Support modelling outcomes of multiple and interconnected market events on prices Enable rapid understanding of pricing implications through scenario planning Ensure optimal sharing of expertise and knowledge across your team Facilitate the decision making process via decision-ready outputs

TECHNOLOGY INFRASTRUCTURE
Platform hosted in the client or IMS secure environment Scalable platform to cater for future needs and requirements

For further information: please contact Cecile Degans at IMS Health, London on telephone + 44 203 075 5375 or at cdegans@uk.imshealth.com
IMS PRICING INSIGHTS CUSTOM PRICE PLANNING TOOLS AND SERVICES

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IMS HEALTH
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IMS is present in over 100 markets, for our office locations, visit: www.imshealth.com/locations netinfo@uk.imshealth.com

ABOUT IMS HEALTH

IMS Health is the leading provider of information services for the healthcare industry around the world. The company draws on its global technology infrastructure and unique combination of in-depth, sophisticated analytics, on-shore and off-shore commercial services, and consulting platforms to help clients better understand the performance and value of medicines. With a presence in 100+ countries and more than 55 years of industry experience, IMS Health serves leading decision makers in healthcare, including pharmaceutical manufacturers and distributors, providers, payers, government agencies, policymakers, researchers and the financial community. Additional information is available at www.imshealth.com

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