PHARMACEUTICAL PRICING METHOD

Patent №

US 8,335,695

Granted

2012-12-18

Filed 2008

Owner

EXPRESS SCRIPTS, INC.

Lab

AI components

1

planning

Assignment

Recorded

Dataset

AIPD

2023_r1 edition

Application

12313131

This invention provides for innovative methods of pricing generic drugs. In a preferred embodiment, wholesale acquisition costs of identified comparable brand drugs for the generic drugs to be priced according to the invention are identified as comparable brand drug values. The comparable brand drug values are averaged to calculate a stable, predictable benchmark value to be used to determine the price of the generic drug, according to methods of this invention.

PlanningG06Q 30/02G06Q 10/10G06Q 30/0283G16H 20/10

AI classification

Planning0.96
Evolutionary computation0.21
Knowledge representation0.04
Natural language0.03
Machine learning0.03
AI hardware0.00
Speech0.00
Vision0.00

Ownership

EXPRESS SCRIPTS, INC.

assignment · 227150313

Assignors

CEDERGREEN, JACOB

On an employer assignment, the assignors are typically the inventors.

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