Xcenda, a part of AmerisourceBergen, today announced the acquisition of Dymaxium, a trusted market access partner specializing in the exchange of evidence and information between payers and life science companies through its FormularyDecisions.com® platform. This acquisition will further simplify and streamline the necessary communication of clinical evidence and health economic information between manufacturers and population health decision makers.
Over the past decade, Dymaxium built FormularyDecisions.com for payers to provide them efficient access to clinical evidence and economic product information critical to their assessment of products for formulary evaluations. Information is provided by subscribing manufacturers and amassed across multiple independent third-party data sources. Payers use this information along with other platform tools to assess value throughout a product’s lifecycle (pre-, peri- and post-approval) and to aid in evidence-based reimbursement decision making. The FormularyDecisions.com platform, home to the AMCP (Academy of Managed Care Pharmacy) eDossier System, allows for the bi-directional exchange of information, more frequently and effectively, through ongoing feedback channels for insights on the information most valuable to payer decision makers.
“Xcenda was founded on the principle of generating credible and practical health economics and outcomes research for stakeholders to make informed healthcare decisions that consider the clinical, economic, and humanistic outcomes of a product,” said Dr. Kristine Flemister, President of Xcenda. “We are constantly searching for innovative offerings that make this exchange of information between pharma and payers simpler and more efficient. We are thrilled to make this a reality through this acquisition with Dymaxium’s FormularyDecisions.com and the AMCP eDossier System.”
“With over 2100 registered US payers and healthcare decision makers and 2,300+ FDA approved plus 225+ pre-approval products, Dymaxium’s platform uniquely supports the exchange of information between payers and life science organizations to drive value-based reimbursement decisions” said Allen Lising, Managing Director of Dymaxium. “We are excited about combining our technology platform offerings and US payer community with Xcenda’s leading global market access and health economics expertise. This partnership accelerates the delivery of our vision to make early and ongoing exchange of credible product value information between payers and manufacturers a reality. We look forward to being able to deliver more information on pipeline and approved products to payers and providing actionable insights to manufacturers on the information and value needs of payers”.
Want to publish your own articles on DistilINFO Publications?
Send us an email, we will get in touch with you.
Date: May 28, 2019
Source: Xcenda