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

Raritan, N.J. – April 3, 2012 – iContracts, a leading provider of solutions for managing corporate contracts, commitments, and compliance today announced that a leading global 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.  Specific modules licensed include, iContracts Chargebacks Payer, Rebate Payer, Medicaid Payer, Government Pricing, and Reporting & Analytics.

Leigh Powell, Chief Executive Officer of iContracts stated, “We are gratified to be working with another leading pharmaceutical manufacturer on such critical business processes.  iContracts looks forward to a rapid implementation of our market-leading solutions and a long, rewarding relationship for years to come.”

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

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