(1888PressRelease)
March 26, 2009 - The ability to forecast the price of a generic drug has become significantly easier with the launch of a new expert guide from URCH Publishing. “How to Forecast Generic Pharmaceutical Prices - A practical methodology to calculate future generic product prices” provides a clear method to allow users to estimate future generic product prices, and to create forecasts prior to patent expiry and generic launch.
Researched and written by Charles Johyson, director at Wavedata, a UK pharmaceutical pricing consultancy, the model presented is based on solid methodology drawing from over six year’s work (over 60,000 hours) cataloguing six million pharmaceutical prices. A 120 real-life examples of generic product were studied to find patterns of price decay.
The 40 page guide is specifically designed to be instantly usable, and this publication presents a tried and tested methodology to predict how the price of a generic medicine will fall after patent expiry and launch.
20 tables provide detailed percentage points according to the number of generic licence holders entering the marketplace post patent-expiry.
More information about “How to Forecast Generic Pharmaceutical Prices - A practical methodology to calculate future generic product prices” priced at £2,500 can be found at:
www.urchpublishing.com/publications/generics/forecast_generic_pharmaceutical_prices.html ###
