Latest Insights & Developments

In the rapidly evolving pharmaceutical sector, where cost pressures from market dynamics sharply erode profits, traditional drug pricing strategies fall short. These methods often overlook essential data, curbing profitability and increasing the risk of costly pricing errors. Vamstar's Polaris platform addresses these issues head-on by integrating Artificial Intelligence (AI) with a meticulously curated dataset, which automates and refines the pricing process. This advanced platform not only collects and analyses vast amounts of relevant data but also applies sophisticated pattern recognition and predictive analytics to ensure optimal pricing decisions in challenging markets. By moving away from outdated manual processes plagued by errors (like those seen with Excel), oversimplified models, and ineffective revenue management systems, Polaris equips suppliers with the tools to implement dynamic, precise pricing strategies that enhance profitability and mitigate risk. Dive into the future of Pharma pricing with Vamstar’s Polaris—where innovation meets precision.

In the rapidly evolving pharmaceutical sector, where cost pressures from market dynamics sharply erode profits, traditional drug pricing strategies fall short. These methods often overlook essential data, curbing profitability and increasing the risk of costly pricing errors. Vamstar's Polaris platform addresses these issues head-on by integrating Artificial Intelligence (AI) with a meticulously curated dataset, which automates and refines the pricing process. This advanced platform not only collects and analyses vast amounts of relevant data but also applies sophisticated pattern recognition and predictive analytics to ensure optimal pricing decisions in challenging markets. By moving away from outdated manual processes plagued by errors (like those seen with Excel), oversimplified models, and ineffective revenue management systems, Polaris equips suppliers with the tools to implement dynamic, precise pricing strategies that enhance profitability and mitigate risk. Dive into the future of Pharma pricing with Vamstar’s Polaris—where innovation meets precision.

The rapid pivot to digital health solutions, spurred by the COVID-19 pandemic, has been nothing short of revolutionary. Initiatives such as Digital Health Europe and the "eHealth" Network are harmonising efforts across the continent, ensuring that digital advancements lead to tangible improvements in healthcare quality and efficiency.

In the rapidly changing global market, pricing is crucial for revenue, margins, and competitiveness. Artificial Intelligence (AI) has revolutionized pricing strategies, especially in tender and RFP (Request for Proposal) processes across Italy, Spain, France, the Nordics, and other EU & ME markets, transforming the landscape.

This article delves into the challenges faced by the NHS Supply Chain, as highlighted by a recent report from the House of Commons Committee on Public Accounts, which underscores inefficiencies in procurement processes, including low market share attainment, insufficient oversight, trust issues among stakeholders, and delays in transformation efforts.