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Meda Pharmaceuticals Selects iContracts for Contract Management

Leading Pharmaceutical Manufacturer to Deploy iContracts Solutions

Raritan, NJ – January 28, 2014 – iContracts, a leading provider of solutions for managing corporate contracts, commitments, and compliance today announced that Meda Pharmaceuticals Inc., the U.S. subsidiary of international specialty pharmaceutical company Meda AB, one of the world’s largest pharmaceutical companies, with sales organizations in over 55 countries, has selected iContracts solutions to manage commercial sales contracts and help insure compliance in those sales.

Meda Pharmaceuticals Inc., a leading U.S. specialty pharmaceutical company, will deploy iContracts Rebate Payer, Utilization Payer and Universal Contract Manager, solutions designed to help companies strengthen compliance and effectively manage revenue.

“We are pleased to welcome another fast growing, full-service pharmaceutical company to our family of customers,” noted Leigh Powell, Chief Executive Officer of iContracts. “Meda’s mission to deliver high quality, affordable prescription products throughout the world reflects a vision that is totally in-step with the needs of patients, payers, and providers around the world – and iContracts is proud to support these efforts.”

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 page 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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