IntegriChain delivers the life science industry’s largest and only data and business process platform for therapy commercialization and access. Manufacturers rely on our analytics, applications, managed services and expert advisors to power their operations and harness the value of their channel, patient and payer data.
View all products
From the first launch to ongoing market access execution, IntegriChain solves some of the most complex and pressing challenges associated with drug commercialization. We are the data and application backbone for market access departments of Life Sciences manufacturers, enabling them to accelerate their commercialization process, digitalize their operations, and get therapies to patients faster.
Solutions overview
To ensure you get the most out of your access and commercialization investment, IntegriChain provides a complete set of professional Advisory and Systems Integration Services designed to further your business and success.
Services overview
IntegriChain provides wide array of resources to help you navigate your journey to market access success.
Resources overview
We help all stakeholders in the life sciences industry drive access. We do this through our relentless focus on unifying all of the critical business functions for therapy commercialization and access – contracts and pricing, gross-to-net, channel, and patient services – unlocking strategic payer, provider, pharmacy and patient access insights for our life sciences customers.
Learn more about our company
Keep in touch with IntegrChain through our news and frequent events.
View all news & events
October 15, 2020 | integrichain
This the Advisory Market Update for October 2020 from IntegriChain. We want to keep you up-to-date with relevant, timely industry insights and regulatory updates that may impact your business. If you have questions on any of the content found in this or other newsletters, reach out to your IntegriChain Advisory Lead or advisory@integrichain.com and we would be happy to talk you through it.
The annual Medicaid Drug Rebate Program (MDRP) was held on September 14-18, 2020. The IntegriChain Advisory team has compiled the biggest, most impactful items that were covered during the event. Here are some highlights of the key topics that were discussed:
Medicaid Drug Rebate Program
340B Program
Presidential Executive Orders
Office of the Inspector General
After more than a month of conversations with the Pharmaceutical Industry, President Donald Trump signed an Executive Order on September 13, 2020 to create a “most favored nation” drug pricing that may impact government programs. The “Most Favored Nation” (“MFN”) price has been defined as the lowest price, after adjusting for volume and differences in the national gross domestic product (“GDP”), for a drug sold in any member country of the Organization for Economic Cooperation and Development (“OECD”). MFN Executive Order states that Medicare should not pay more for drugs than the “most favored nation” price and points to implementing a test payment model for Medicare Part B high-cost prescription drugs and biologics. The anticipated outcome is a reduction in poor clinical outcomes as well as reductions in expenditures.
It is unclear how this executive order will be achieved and has been met with criticism and skepticism. A recent rebuttal from PhRMA, who represents the country’s leading biopharmaceutical research companies and supports the search for new treatments and cures, had this to say:
“PhRMA is committed to working with all stakeholders, including elected officials across the ideological spectrum, to find market-based, competitive reforms to the challenges facing our health care system and patients. The focus of any reforms must be on lowering costs for patients, ensuring patients’ access to medicines, addressing the misaligned incentives in the pharmaceutical supply chain, and protecting the critical work being done to end COVID-19. Unfortunately, instead of pursuing these reforms, the White House has doubled down on a reckless attack on the very companies working around the clock to beat COVID-19.”
Read more on PhRMA’s statement against the “Most Favored Nation” executive order.
Public Law (PL) 102-585, Section 603 requires covered drug manufacturers to have a VA Schedule contract as a condition of receiving payment from certain entities. The latest abbreviated timeline (below) explains major dates and milestones.
Read more from the Office of Procurement, Acquisition, and Logistics.