The pricing function is more important than ever. Price controlling
agencies, such as governments and payors, are becoming even more
stringent on companies to prove products’ value. The high price of
pharmaceuticals is an almost daily topic on political talk shows as
many leaders have chosen drug pricing as their top initiative. New
laws, such as Medicare Part D, are also changing the pricing
environment.
Cutting Edge Information has developed this study to research
pharmaceutical companies’ pricing functions – and what makes them
successful. Pharmaceutical Pricing in the US and Europe: Analysis of
Resources, Strategy and Structure examines the inner workings of
pharmaceutical pricing functions. From budget allotments and control
to departmental and individual project staffing levels, this report
details the strategies of some of the industry’s top pricing
departments and resources.
This report analyzes the practices of some of the industry’s top
pricing departments to provide the steps pricing managers must take to
make their functions more integral pieces of the development puzzle. The report provides
pricing leaders the tools to improve their pricing departments by
comparing their spending, staffing, structure and strategies to those
of top pharmaceutical companies.
The report makes its case with metrics and techniques for managing
pricing functions:
- Staffing and Structure – Whole department and per-project
staffing along with optimal pricing department reporting structures
- Budgets, Activities and Employee Compensation – Arming
departments with the resources to perform key activities that help
shape better product development
- Strategy, Communication & Coordination and Vendor Management –
Analysis of the current pricing landscape in the US and Europe.
Includes discussion of companies' communication links between different levels of pricing departments
with each other and outside contractors
For more information on what is contained in this report and how it
can be of value to you and your team, please call Oveda Slade at +1
919-403-6583 or e-mail
info@cuttingedgeinfo.com.
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