Situated online at http://www.wavedata.biz, PROfesy CR is our powerful new generic price-forecasting solution.
This flexible tool brings a scientific approach to price forecasting for the very first time. Designed for determining both short- and medium-term generic price actions, PROfesy CR requires the input of some basic market information.
Having logged-on securely to our password-protected server, subscribers initially set up some static data:
- Product name & form, including strength and pack size;
- Off-patent date;
- Branded price pre-patent expiry.
They then add the following variable information:
- Reimbursement price – Drug Tariff or equivalent;
- Number of generic licence-holders actively operating;
- Current generic price – if already available, or as it becomes known.
Armed with this information, PROfesy CR rapidly computes a likely price action scenario. More information.
This can be shown in graphical form or presented as a CSV file, for download to most common spreadsheet applications. Links to examples are shown on the left of this page.
PROfesy CR securely stores both the data input and the consequent results for ease of future reference.
For more information on how a selection of different future scenarios can be modelled by altering any of the variable data fields, please move on to the next page.
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