This is one reason i believe that no one can find out much
This is one reason i believe that no one can find out much about (PPSI) PPSI out-sources its computer system
applications to an industry leading provider. It also utilizes outside marketing
representatives and consultants for marketing and employees of affiliated
companies,
(PPSI) a company primarily engaged in promoting
pharmaceutical company prescription samples to physicians. PPSI reduces the cost
in the prescription-sampling channel by providing efficient fulfillment and
tracking of prescription usage. PPSI's national network of pharmacies fills the
sample prescription on a discounted fee and the Company's mail service
fulfillment complements additional needs. PPSI's approach conforms to
regulations requiring increased accountability and elimination of diversion of
prescription samples, consequently reducing the exposure of physicians and
pharmaceutical companies to potential liabilities and non-compliance penalties.
The PPSI online network provides better marketing and clinical integration
information than traditional systems, and enables pharmaceutical companies to
maintain market share when competing with generic drugs. The PPSI information
system includes detailed information such as the individual sales
representative, zip codes, DEA number, pharmacy and prescribing physician. The
PPSI system provides pharmaceutical companies with an easy, safe way to offer
free samples through physicians and increase their value to patients who benefit
through savings on prescriptions. In addition, the PPSI system provides
incentives for chain drug stores to stock the pharmaceutical products and for
pharmaceutical companies to keep their products on managed care formularies
within hospitals, correctional institutions, and nursing homes. The PPSI
information system and clinical integration capability also provides a necessary
service aiding government oversight. Pharmaceutical manufacturers spend over $16
billion a year for the marketing of products. PPSI's strategy is to provide
flexible sample programs supported by technology to assist with distribution,
dispensing, reporting, and clinical integration that maximizes the intent of
appropriate sample model for marketing.
Univec also markets its drug sampling services to pharmaceutical companies
desiring to maintain or expand market position.
PPSI's competition comes from traditional sampling providers that include
the actual drug samples and other pharmaceutical benefit management companies
that offer similar services such as Caremark and Medco Health.
4
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