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American Regent Inc. Expands Commitment to iContracts

Raritan, N.J. – October 26, 2011 — iContracts, a leading provider of solutions for managing corporate contracts, commitments, and compliance today announced that American Regent, Inc., a Pharmaceutical Company specializing in Generic Injectables and Injectable Iron products, has expanded their commitment to iContracts Better Contracting Solutions platform by licensing iContracts Chargeback Payer and Rebate Payer as a complement to existing solutions for managing Medicaid and Government compliance processes.

Joann Gioia, Senior Manager of Contracts and Chargebacks of American Regent, commented “iContracts leading technology platform, powerful process automation, proven track record for rapid implementations, and far lower cost, made it the obvious choice for American Regent. We are delighted to be expanding our commitment to iContracts and look forward to another successful deployment as we prepare our company for further growth.”

iContracts COO, Todd Venetianer, remarked, “We are delighted that American Regent, a leader in the Pharmaceutical industry, is expanding their relationship with iContracts. With iContracts’ industry leading platform and solutions, American Regent will be able to significantly streamline their operations to ensure commercial contracting processes are optimized while simultaneously closing the loop with previously implemented government reporting solutions.”

iContracts solutions are available as an “on demand” service or as a behind-the-firewall offering and are built on iContracts’ revolutionary BCS platform featuring an advanced data architecture, rich functionality and Simplified Common User Interface (SCUI) enabling users to execute any process after learning just two basic screen formats. This groundbreaking design drastically reduces implementation; training and future upgrade timeframes and costs.

About iContracts
iContracts’ goal is simple – to deliver better solutions for managing contracts that are faster, easier and less expensive to implement. This mantra is reflected in everything we do. Our software is generations ahead of other solutions, powered by a Simplified Common User Interface (SCUI) that makes every user an “expert” by learning just two simple, reusable views and backed by the most highly evolved data architecture in the industry – built by technologists with considerable and unique experience in building contract management solutions for the Life Sciences industry. This deep understanding and straightforward approach shows in everything we do. iContracts comprehensive suite of solutions manages all aspects of a Life Science company’s chargeback, rebate and Medicaid processes as well as other incentive agreements and Government Pricing compliance at all levels. Our solutions are enterprise-class and can be quickly and easily integrated with any off-the-shelf or custom system to meet exacting business requirements without the army of consultants and endless fees associated with other products and providers. For more information, please visit www.icontracts.com.

About American Regent, Inc.
American Regent, Inc. is committed to bringing the highest quality injectable products to the healthcare community across the United States and Canada. Their rapidly expanding product line and increased manufacturing capabilities are designed to keep pace with the healthcare community’s growing demands-now and in the future. All American Regent products are manufactured at their innovative, state-of-the-art facility located in Shirley, New York. If American Regent sells it, American Regent manufactures it. American Regent is committed to giving its customers the best possible service. For more information, please visit www.americanregent.com.

iContracts Media Contact: 
Anne Ambrosio
iContracts, Inc.
Tel: 908-393-9550
aambrosio@icontracts.com

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