Generic Drugs: New Report Allows Users to Forecast Prices Before and After Launch

Jan. 12, 2012 - PRLog -- The report “How to Forecast Generic Pharmaceutical Prices: A practical methodology to calculate future generic product prices” is a unique guide that enables users to forecast future generic prices before and after launch.

This new report is designed to be instantly usable, this publication, presents a tried and tested methodology to predict how the price of a generic medicine will fall after patent expiry and launch.

The model presented is based on solid methodology drawing from over 6 year's work (over 60,000 hours) cataloguing 6 million pharmaceutical prices. 120 real-life examples of generic product were studied to find patterns of price decay. The model takes into account both regional drug reimbursement policies and the brand value of the product.

The model works in the absence of government price capping, where the price decay happens as a result of competition between suppliers (free pricing) rather than statuary price reductions, and the reimbursement price is high enough to allow free pricing.

Read more about the report “How to Forecast Generic Pharmaceutical Prices: A practical methodology to calculate future generic product prices” is available from Report Buyer at:
http://www.reportbuyer.com/pharma_healthcare/generic_drug...

Reportbuyer.com Product Code: URC00028
   
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