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Generic Pharmaceutical Company Selects iContracts Full Suite of Solutions for Government Pricing, Medicaid and Commercial Contracts

Raritan, NJ – March 6, 2012 – iContracts, a leading provider of solutions for managing corporate contracts, commitments, and compliance today announced that a rapidly growing generic pharmaceutical company, has selected iContracts’ full suite of solutions to manage commercial contracts and help insure compliance with Government Pricing programs including Medicaid, state programs and associated calculations and reporting. The iContracts solutions will be utilized as a software service over the web, thus eliminating the need for a significant investment in facilities, hardware, software, or related costs at start-up or on an ongoing basis. Specific modules licensed include iContracts Chargebacks, Rebate Payer, Medicaid Payer, Government Pricing, and Reporting & Analytics.

Leigh Powell, Chief Executive Offer of iContracts stated, “iContracts is pleased to welcome another prominent Life Sciences manufacturer to our rapidly expanding client base. This latest win continues the trend toward iContract’s as the partner of choice for both commercial and government compliance solutions for Life Science manufacturers.  We look forward to working together to deliver value on this important initiative for our client.”

iContracts solutions are available as on “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 executive 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.
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