Blog - Royed Training

Difference between WAC, AWP and AAC

Posted on07 Sep 2021

Tagspharma market access, pharma pricing

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Wholesale acquisition cost (WAC): The price the wholesaler pays the manufacturer. Generally considered the ‘list’ price. This price is under the control of a manufacturer. Average wholesale price (AWP): The price at which a wholesaler sells product to others in the supply chain (hospitals or pharmacies for example). AWP is...

Role and Responsibility of Pharmacy Benefit Manager (PBM)

Posted on07 Sep 2021

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Pharmacy benefit manager (PBM) plays important function in pharma Market Access & Pricing (PM&A). For PBM, clients are health plans. PBMs handle some or all of the pharmacy benefit for health plans (formulary design, cost sharing and tiers, pharmacist networks and contracts, price concession negotiation with manufacturers). PBMs may own mail...

Why Is Pharma Out-Licensing Its Compounds?

Posted on22 Jul 2021

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When you hear the term “in-licensing,” simply think of the word “investor“. In-licensing is the process of creating a contract that allows another firm to provide capital to the development and launch process, thus taking on financial responsibility. This is a very popular licensing process for small bio-pharma start-ups to...

What is High Potency Active Pharmaceutical Ingredients?

Posted on22 Jul 2021

TagsHigh Potency Active Pharmaceutical Ingredients, HPAPIs

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High potency active pharmaceutical ingredients (HPAPIs) are pharmacologically active substances that exhibit biological activity at extremely low concentrations. Generally, high potency active pharmaceutical ingredients works well even in daily therapeutic dose of <10 mg or an occupational exposure limit (OEL) of < 10 μg/m3 at an eight hour time-weighted average....

What is PDE value of API?

Posted on12 Mar 2021

TagsEuropean drug regulatory affairs, PDE value of API

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PDE stands for permitted daily exposure. PDE value of API is having prime importance after implementation of European Medicines Agency’s (EMA’s), ‘Guideline on setting health based exposure limits for use in risk identification in the manufacture of different medicinal products in shared facilities (EMA/CHMP/CVMP/SWP/169430/2012). The importance of Health Based Exposure...

What is the difference between FMCG and FMCD?

Posted on10 Mar 2021

TagsFMCD, fmcg brand manager, fmcg brands, fmcg products

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FMCD stands for Fast Moving Consumer Durables. FMCG on the other hand is fast moving consumer goods. FMCG is different from FMCD. FMCG products are consumed almost immediately and they need the consumer to replenish from time to time. While FMCD products don not exhaust with one usage. They can be used...

What are the difference between Durable Goods and Nondurable Goods?

Posted on20 Dec 2020

Tagsfmcg brand manager, fmcg brands, fmcg products

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There is clear cut differences between the durable and nondurable goods. Durable products have a shelf life of three years or more. while the nondurable goods have a shelf life of less than one year. Fast-moving consumer goods are the largest sector of consumer goods. They fall into the category...

What are the characteristics of fmcg products?

Posted on20 Dec 2020

Tagsfmcg brand manager, fmcg brands, fmcg products

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To classify a product as FMCG, we go by identifying the characteristic of fmcg products. If it satisfy these criteria, the products can be termed as fast moving consumer goods. Characteristics of fmcg products can be classified in two types. One, from consumer point of view. Second type is from...