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Rhodes Pharmaceuticals Expands Commitment to iContracts Solutions

Raritan, N.J. – January 4, 2011 — iContracts, a leading provider of solutions for managing corporate contracts, commitments, and compliance today announced that Rhodes Pharmaceuticals L.P., a Rhode Island based specialty pharmaceutical company, has expanded their commitment to iContracts Better Contracting Solutions platform by licensing iContracts Dashboard and Reporting module as a complement to existing solutions for managing chargebacks, rebates, Medicaid, and Government Pricing.

Robert Thebeau, Vice President of Sales and Marketing with Rhodes Pharmaceuticals, commented “The addition of iContracts Dashboard and Reporting will enable us to quickly and easily gain access and insight to commercial contracting and government pricing information, without the need to build our own data warehouse or reporting store. This fully integrated approach was a key driver in our decision to further expand our commitment to iContracts’ solutions.”

iContracts CEO, A. Leigh Powell, remarked, “iContracts philosophy of delivering modular, fully integrated solutions across the spectrum of contract management for pharmaceutical manufacturers continues to resonate with both new and existing clients. We are gratified that Rhodes Pharmaceuticals has elected to expand their relationship with iContracts and remain committed to further innovation and the introduction of additional high value solutions in the near future.”

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.

About Rhodes
Rhodes Pharmaceuticals L.P. is a specialty pharmaceutical company focused on the niche category. Our vision for success is based on a sustainable business platform supported by a critical mass of products and dosage forms, competitive costs and robust pipeline. For more information about Rhodes Pharmaceuticals L.P. visit www.rhodespharma.com

iContracts Media Contact: 
Anne Ambrosio
iContracts, Inc.
Tel: 908-393-9550
aambrosio@icontracts.com

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